10 Perks of being a “Real Estate Agent”
1. Uncapped income potential
Like most sales roles, there is no cap to your income potential, the amount of commission you are able to make in a year depends on the number of properties you are able to sell, which then comes down to how dedicated you are and what drives you. In this industry no one will ever tell you that you sold too many properties, please stop. This is why the industry is so rewarding to those that work hard to serve their clients well.
2. Your network is your net worth
One of the greatest things is that you get to meet new faces every single day of the week from different backgrounds, experience and professions. It’s the surprise of never knowing who you may run into and making potential lifelong friendships along the way.
3. Freedom & Flexibility
As a real estate agent, one of the biggest perks is your schedule, which you get the privilege to determine yourself. It’s definitely not your typical 9-5 job, because aside from the time you spend meeting new prospects, liaising with them and holding open houses. You are in control of your schedule.
4. The people you surround yourself with
As an agent you are someone that wants to be challenged daily. Naturally you will surround yourself around competitive people such as other agents, mortgage brokers, solicitors, developers and many more professionals of the industry. These are generally people with high income skills that strive to always become better than their competitors. Surrounding yourself with competitive people pushes you harder subconsciously, so that you end up becoming a better “you” every single day.
5. The exploration of new places
As a real estate agent, you’re always on the go, your car and public transport become your most reliable mode to meet with your clients. With properties scattered all around the country, you are privileged with the opportunities to travel to new places all the time. Wherever your clients need you. You’ll be there for them.
6. You become a property expert
The more time you spend as a real estate agent, the more knowledgeable you become in regard to the property industry, this is because there is a requirement to constantly update your product knowledge so that the most accurate and up to date information is provided for clients. As well as the additional insider information you get as someone that works in the industry, which are all things that can help you become a better property investor yourself.
7. Low barrier of entry
Becoming an agent has never been easier. No matter your skin colour, age, gender or nationality the industry will welcome you with open arms. Furthermore, a couple of days is all it takes to get a certificate of registration in NSW, which allows you to get to work right away. The next step is to pick up a suit and find an agency to hire you and there are several in every suburb.
8. If you can sell property, you can sell most things
As a salesperson you develop the skills to influence a customer’s decision, which makes giving them a reason to purchase a product to add some sort of value to their life. The skills developed can be carried on to the industries such as automobile, retail, stock broking and many more.
9. Room for growth into other areas in the industry
The property industry is not restricted to just real estate agents but also include other professions such as: finance, architecture, developments, property management, commercial sales and much more. These are all potential roles in the industry that you can grow into.
10. Jack of all trades
There is a saying that a real estate agent is also known as a “Jack of all trades”. With the wide variety of different people of different context that you end up running into, an agent needs to expand their knowledge so that it may assist them with making the clients purchasing journey smoother. For example, an agent understands how the property prices is affected by government intervention but may also understand how a divorce can affect the purchasing process, understanding these topics allows the agent to work with a client’s facing these issues easier.
““The secret of getting ahead is getting started.” ”
— MARK TWAIN
As you see the benefits of being a real estate agent is quite rewarding, it’s a world of competition for a person to mature mentally, develop grit and a wide range of skill sets. NOW I CHALLENGE YOU to become one yourself if the article has piqued your interest, go to your local real estate agency and ask them for a job, if you’re still unsure feel free to send me any questions you may have or any CV’s direct them to jyau@cubecorp.com.