Want to Become a Real Estate Agent? Getting Started Is the Hardest
According to the National Association of Realtors 2017 Member Profile, “the typical agent had 12 transactions” in 2016. With 6% considered as the typical commission rate, it’s easy to see that there is big money working in the field of real estate.
Do the math and you would want to know how to become a real estate agent and learn the ropes fast.
What better way to start earning big than to start big in real estate?
But it is a fact that the competition in the industry is fierce, which makes earning a decent real estate agent salary a bit challenging to achieve.
How Hard Is It to Become a Real Estate Agent?
In the United States, there are an estimated 2 million active real estate licensees according to ARELLO (Association of Real Estate License Law Officials).
In a 2017 Q2 report in Westword, Denver’s online source of news and events, there were more real estate agents than homes listed for sale.
These two facts alone give you a glimpse of the competition you will have to face when you decide to become a real estate agent. Then again, what real estate agent income you gain has little to do with your competitors but how you manage to beat them in the race.
One solution on how to become a real estate agent and earn big is to integrate technology into your arsenal.
With 51% and 30% of home buyers finding properties they purchased on the internet and through real estate agents, respectively, you have more opportunities to meet buyers and make a sale when you use the internet and mobile devices to market real estate listings.
Where to Get Help
Apart from using the top 3 places where realtors place their listings – Zillow, Trulia, and realtor.com, you should also take advantage of online freelance services.
In Fiverr, for example, the largest freelance services marketplace in the world, you can hire the best digital services for realtors, such as website design and development, whiteboard animation and video creation, and real estate logo and brochure design.
What’s great about freelancer services is that…
- Hiring is easy
To join, all you need to do is sign up, complete your profile, and you’re done. You can start hiring freelancers right away.
- Cost-efficient services
What’s great about hiring freelance services is that you can run an independent business without the need to set up shop and spend on overheads. An office is all you need and everything else can be done online.
- More services at competitive prices
Apart from help with digital marketing, you can also hire someone to handle cold calling and qualifying work on your behalf or to write the most compelling descriptions for your property listing. There’s no shortage of real estate services to hire.
How to Get Started in Real Estate
The first thing you need to do before anything else is to know how to obtain a real estate license, what with it being the most crucial aspect of the job. Not a lot of people want to deal with an unlicensed realtor.
Besides, real estate is one of the most highly regulated industries and you need to do more than just take classes and pass a test.
Different states have different licensing requirements so make sure to find out what must be done to obtain a real estate license. In Colorado, for example, you need to spend 168 hours of education, pass tests and quizzes, pass a background test, and other requirements.
Once you become a licensed real estate agent, you can then strategize on how to become a real estate broker. Take the next step of your career and earn more than just a real estate agent salary.
Check out digital services for realtors right here on Fiverr and further your career.