Jumping into a real estate career can be an extremely exciting experience. For the first time, you may have the opportunity to showcase your "entrepreneur side," maintain a flexible schedule, and create the life you really want. Often, new licensees will come into their real estate career with unbridled enthusiasm. However, after being licensed for some time, they may realize that real estate is like many other fields. To be successful, it takes a positive mindset, the ability to find a mentor, training, and constant lead generation. Then, when everything seems to be clicking, a real estate agent will inevitably need some help in the form of people, otherwise known as leverage. So, let’s get started!

 

Mindset

When I think back on my 10-years in real estate, it has been a winding road of experiences and mentors. There have been countless people in my life who have helped me build my business to what it is today. Like many things, it started small. Beginning with simply learning how to fill out a purchase agreement, I eventually learned how to run the company like a true business, and I owe that all to my mentors. Mentors have invaluable experience and knowledge…and they can provide you with a map to guide you on the road to success!

 

Mentors

When I think back on my 10-years in real estate, it has been a winding road of experiences and mentors. There have been countless people in my life who have helped me build my business to what it is today. Like many things, it started small. Beginning with simply learning how to fill out a purchase agreement, I eventually learned how to run the company like a true business, and I owe that all to my mentors. Mentors have invaluable experience and knowledge…and they can provide you with a map to guide you on the road to success!

 

Learning and Training

In the real estate industry, you must be a learning-based person. The real estate industry is constantly changing, and you need to adapt and grow with the times. By attending great training programs, staying current with your education, and really expanding your knowledge base, you will be able to keep up with the competition and expand your business.

 

Lead Generation

This is the fuel of your real estate business. Without clients, you are going to struggle to sell real estate. I learned how important lead generation was from the very start. If you are just starting out in real estate, you must understand that in order to be successful, you need to be in both the lead generation and real estate business. If you maintain a constant focus on lead generation, you will not only increase your business, but you will avoid the ups and downs of the real estate income roller coaster.

 

Leverage

Once the first four steps are in motion, you will most likely feel a bit overwhelmed. This is natural when starting a successful business. When it becomes too much to handle, you should look for help. In most business, including real estate, the first place to look for help is on the administrative side. If your focus is sales, you don’t want to get bogged down by paperwork. An administrative assistant can be one of the best decisions you will ever make for your real estate business.

The best thing about a career in real estate is that you get out of it what you put into it. If you give it your best effort, connect with positive people who can mentor you, and continue to train and learn about the business, then you can look forward to a long, successful career in real estate.

 

Posted by: Josh Pomerleau, Associate Broker, GRI, CDPE