Quote:
Originally Posted by 12VMan
I would like to pose a question to the realtors on this board. I've heard about how common it is for people new to the field to burn out quickly, but I've always wondered what, in your opinions, are the common cause for such a high burn out rate? Is it b/c people are lazy, or they expected to come in and sell 2-3 houses per month and aren't doing that, or maybe it's something else?
Thanks in advance.
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I think the majority of newbies getting into the real estate business are basically clueless. And I DON'T mean that in a demeaning way. Many are very intelligent, creative, industrious individuals. A few others just see $$$ signs. Both groups, however, are clueless . . . about how much TIME the business takes . . . how much MONEY the business takes . . . how LITTLE you'll make in the first six months, or even the first few years.
No prelicense class remotely equips the new agent for the "real world" of real estate. A combination of prelicense classes and mentoring or continuing ed classes may help the new agent be "technically" equipped to practice real estate and he may actually be a pretty competent agent (Olecapt mentioned that), but there really isn't anything out there that teaches an agent how to make a living selling real estate.
I don't know of any program out there that
really helps a new agent get his business off the ground. Most new agents spend a TON of money on classes/mentoring that's supposed to do that, but in reality it's still up to the individual to sink or swim. Some manage to stay afloat long enough to tread water and maybe even accomplish a good enough freestyle to keep them in the pool for the marathon.
(Sorry about the metaphor - or is it a simile - I always get those mixed up. Anyway, I'm just honing my writing skills . . . if this real estate thing doesn't work out, I may decide to write my first novel.
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