Why Real Estate May Not Be For You
We are often told that while many are called, only a few will be chosen.
Many will come calling for a career in real estate, but only a few will make it. Not everyone fits into this career. It’s that simple.
You must possess specific characteristics to succeed. Otherwise, you should look for something else to do if you do not have these characteristics or you will be wasting your time here. You will wind up spending all your time endlessly chasing after customers who will not be coming your way.
However, this is not to discourage those who may have already started this career but have not had their first client yet. If you feel you have what it takes and are committed to this business, all that you need to do is use the right strategies, keep pushing and ultimately, you will get what you want.
For others, especially those who have these characteristics, this might not be the thing for you.
You think this career will be a walk in the park.
You may have seen others make a fortune, read somewhere that some of the people doing well are from the real estate business.
You may be right, but if you are coming in just because you have seen other people make money and have not done your homework and learned the pain they have gone through to get to where they are, you will be in for a big surprise.
Most of the times when we are reading success stories, we only read the part that talks about the smooth times that these people had. If you talk to any of these people in person, you will be surprised to hear how they went through some serious challenges to get there.
Some of them will tell you that they almost gave up, but since they were prepared, they ultimately made it. Real estate may seem like an easy way to make money: you talk to people who are already willing to buy or sell, and then get your commission out of it.
There is a lot that goes behind the scene; there are many others who are looking for customers, so do not think you are alone in the market. The competition will be very stiff, and for you to win customers and close deals, you have to be sharp and convince them you are the best choice for them.
If you come in with a mentality that things are always easy here, you will lose hope even before you get started. You can come in with a lot of expectations only to be disappointed when you find that the grass is not green on this side.
You are just looking to make a quick buck.
Some people may have told you that they earned all their proceeds from their real estate business, and that’s why they can support the luxurious lives that they lead today.
That might be just half of the story, do not buy it. Don’t get into real estate to make money quickly, but to build a long-term foundation of genuinely earning it. A real estate career can be a lot of things, but it is nowhere near one of those “get rich quick” schemes.
It is a career that you will toil and sweat, cry and spend sleepless nights and yet you will be nowhere near rich. That is the reality. You need to realize that you will most likely not start in this career and join the list of the richest men and women in the country.
That is the biggest lie that you can tell yourself. However, it does not mean you cannot make a fortune out of working as a real estate agent. You can do it, but it will take more than mere words.
You need passion, hard work, and dedication. Ask people around you and those who have genuinely made it in this career. They will share with you their success stories.
Most, if not all, never thought of hitting the jackpot in this business, things just turned around, and it was not mere luck. It took a toll on them. Steer clear of real estate career if you are thinking of hitting the jackpot at least a few months in this business, this will only happen in dreams or movies.
You're not fully committed.
This is not a career to get into as you wait for something better. You should come in with genuine passion and dedication. If you start this with divided attention or in the hope that you will get something good in return, I would advise trying something else as you will be disappointed that it will not work. And at the end of it, your spirit will be broken down such that what you expected to get will not come.
Real estate career needs somebody who is set on what they want to do with their lives. If you come into this thinking of it as a stepping stone, you will sink and will not be able to get to where you wanted. I would advise that one gets into it when they feel that they have what it takes, try it when you know that you are here to stay. And with that, you will give it your all.