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Old 09-24-2012, 04:34 PM
 
3 posts, read 2,842 times
Reputation: 10

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Hello everyone. I'm new to the forum and just recently attained my salespersons license. I've gone on a few interviews with different brokers and I've narrowed down my choices to two. I'd like some opinions from some of the professionals, and more experienced folks on here on what I should do.

First, let me give you a little background on myself. I'm 24 years old currently working a full-time IT gig in NYC. While i'd love to delve into RE full-time, I have certain financial obligations that do not allow me to give up my guaranteed income just yet. The good part about my job is that I only work 3 days out of the week (12 hour shifts) and I have my weekends available. That being said, i'm certainly not naive about the amount of work taht will be necessary to make this fruitful.

So, as I said, I've narrowed down the possible choices to two offices. One specializes in apartment rentals in Queens and Manhattan, while the other specializes in sales of residential property in northern Queens (Jackson Heights and LIC area). I'm not sure what route to take. If you were a 24 year old in NYC, given the state of the market, would you want to focus on rentals or sales?

Both offices are small, family-ran boutiques that focus on customer satisfaction. Any help and advice is greatly appreciated.

Thanks!
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Old 09-24-2012, 04:39 PM
 
Location: Louisville KY Metro area
4,826 posts, read 14,312,676 times
Reputation: 2159
Quote:
Originally Posted by Renz1088 View Post
Hello everyone. I'm new to the forum and just recently attained my salespersons license. I've gone on a few interviews with different brokers and I've narrowed down my choices to two. I'd like some opinions from some of the professionals, and more experienced folks on here on what I should do.

First, let me give you a little background on myself. I'm 24 years old currently working a full-time IT gig in NYC. While i'd love to delve into RE full-time, I have certain financial obligations that do not allow me to give up my guaranteed income just yet. The good part about my job is that I only work 3 days out of the week (12 hour shifts) and I have my weekends available. That being said, i'm certainly not naive about the amount of work taht will be necessary to make this fruitful.

So, as I said, I've narrowed down the possible choices to two offices. One specializes in apartment rentals in Queens and Manhattan, while the other specializes in sales of residential property in northern Queens (Jackson Heights and LIC area). I'm not sure what route to take. If you were a 24 year old in NYC, given the state of the market, would you want to focus on rentals or sales?

Both offices are small, family-ran boutiques that focus on customer satisfaction. Any help and advice is greatly appreciated.

Thanks!
If the areas make a difference, your market will always be best at 5 years plus/minus your age.
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Old 09-25-2012, 11:52 AM
 
Location: Cape Cod
24,495 posts, read 17,232,699 times
Reputation: 35791
Welcome to a tough business. Then again any sales job where you are dealign with the public can be difficult.
I think just starting out part time the rentals might be the way to go. You might not make as much as selling a house but you will be more active and sell more. Real Estate is a #1 people business #2 property so by having more deals you will get more experience quicker and who knows if you do a great job maybe a renter will turn into a buyer down the road. Good luck
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