When considering a future in real estate, start by asking yourself why. If you are dazzled by the easy hours and fat commissions you are not alone. Many people have attended class, passed the test and joined up with a broker in hopes of closing two or three deals per year, working part time, to make some extra money. Someone forgot to tell them that the hours are not easy when you are taking calls at all hours of the day and you have to be flexible and coordinate your hours with the buyers, sellers, title companies, home inspectors, meetings, etc. Those commission checks are not all that fat, either, once you take out your desk fees, supplies, dues, classes, and consider how much gas and time you spent driving around looking at houses. But don't be discouraged. Real estate can be enjoyable and rewarding if your expectations are realistic and you are prepared for challenges.
... full article