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Buying or Selling a Home/Starting out as a real estate agent
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Question
Sue:
I'm currently in the process of obtaining my real estate license and live here in the Los Angeles area. I love the sales process and want to succeed as a realtor however I want to ensure that I don't make unnecessary mistakes when i start out.
Id like to pick your brain and find out what you would suggest or what advice you would give to a new agent just starting out, especially in this economy. I realize there is great income potential in real estate however many agents either don't pursue it correctly or have the dream, but not the commitment and drive to succeed. I know i can do this and be a top producer. Because of this I feel that if I have the drive and ability to handle rejection then I can succeed at this.
Id appreciate any and all advice you can give me.
Thank you
Dave Wilson
Dave--
Most of the "Top Producers" in the LA area are blood relatives of the very rich and/or famous. Your best chance of becoming a "Top Producer" is to find one of those "Richie( or Richelle) Rich-types
who needs a Personal Assistant and work with him/her for a year or two!
If not the "Personal Assistant" route, and you're going on your own, find a Franchised Company that provides on-going Free training to it's Agents and has a Sales Manager that will work with you! But be prepared to spend some money on appropriate clothing, car, etc. You've got to look successful to get that way!
AS for your "ability to handle rejection," you should note that apparently SUE rejected you, as I'm not Sue--I found your Inquiry above in the QUESTION POOL where she must have sent it about a month ago(?)You handled that rejection well!
GOOD LUCK in Real Estate!
--JIM
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Jim Root
Expertise
How to select the right Real Estate Salesperson & Loan Officer--ones who will serve your best interests! House-hunting tips & suggestions on selection of the home best for your family needs. Introduction to the Home Buying Process & all the "Players" involved.What is of utmost important to the Homebuyer? Real Estate Contracts & Negotiations, Appraisal needs, Title Co. involvement, Home Inspection issues& the Closing/Escrow systems, etc. Whatever your question, the answer will follow, whether from personal knowledge or research! Gale, shown here with me, has been a Real Estate Office Administrator, licensed Realtor & has served as my Research Assistant over the years!
Experience
Over 30 years as a "Real Estate Professional." including Real Estate Marketing & Sales, Appraisal work, Mortgage Banking & as a Realty Officer with U.S Dept. of HUD's FHA Homeownership Division in Alaska, Washington & Idaho! Some experience in Montana, California, Utah & Nevada markets!Knowledge of National Markets by continuous Research!
Organizations
Former member of Nat'l Ass'n of Realtors (NAR) & Mortgage Bankers Ass'n of America (MBAA). Currently with National Association of Review Appraisers & Mortgage Underwriters (NARA/MU).
Publications
Published in various local, state, regional & national Real Estate-related magazines & newsletters!Co-author of various Govt. publications on Homeownership, Appraisals & Mortgages while with HUD/FHA.
Education/Credentials
Associate Degree in Real Estate Studies plus:
Numerous Real Estate-related Courses conducted by the U. S. Government & Private Industry over the past 30 years.
Bachelors Degree in Mass Communications,
Masters Degree in Education/Teaching
Awards and Honors
Professional Designations: Certified Residential Originator (CRO) from MBAA, Registered Mortgage Underwiter (RMU) & Certified Review Appraiser (CRA) from NARA/MU. Outstanding Peformance Awards for 10 of the 12 years with HUD/FHA & numerous Sales/Listing Awards while a licensed Real Estate Agent.
Past/Present Clients
No longer selling/listing Real Estate, nor Appraising properties, nor working in the Mortgage business, this "Real Estate Pro" serves as Director of a Company that provides Professional Development Seminars & Workshops to the "Real Estate Industry" and provides free (as needed) & fee-paid (on a sliding scale) consulting & inspection services to members of the general public.Your questions will be answered without "salesmanship" & with your best interests in mind!
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