In these strange times with so many people finding themselves having embrace alternative career paths. Real estate can seem like a very good option for those looking to have more flexibility and autonomy in their day to day work. If you are curious about whether or not it makes sense for you to invest in getting a real estate license. Here are a few benefits that might help you make the decision.
You don’t need a college degree.
All you need is a license and dedication to get started in this career. This can be both a pro and a con in some circumstances. Since a lot of people can do it, a lot of people who aren’t cut out for the business try and ultimately fail. However, if you are reading this article you are probably more likely to succeed since you are likely more inclined to do research and gain understanding first before jumping into decisions. These characteristics already set you apart from the others and if you continue in this manner real estate may end up being a very fulfilling career for you.
You control your hours. (You work a lot, but you control when you work.)
In real estate you don’t get a salary, and no one is there to dictate when or how much you should go into the office. You decided your hours. So you can make time for any friends or family events you might need to prioritize.
Your success is in your hands.
Whether you want to work full time or part time the money you make is directly related to the amount of work you put in. You can work part time and use it as a source for supplemental income. Or you can work full-time and dictate your hours as you please. Real estate is a tough business, but it is also an opportunity for you to gain a deep understanding of business and sales. The more you dedicate yourself to learning and observing other successful agents the more likely that it will pay-off. No matter how much time you decided to spend it will surely broaden your perspective and teach your how to better invest your money.
You won’t be stuck in an office.
Believe it or not real estate involves a lot of moving around. Whether it be meeting clients, showing properties, meeting lawyers, ect. You will always have different places to be and see. The dynamic nature of this job will allow you to choose to work from home or in office as well. Which allows for extreme flexibility for your personal work-life balance.
You can represent yourself when you buy and sell.
Buying a home is challenging, and for many people it is one of the largest purchases they will ever make in their lives. Which means every little bit counts when it comes to opportunities to save. As a real estate agent you will be able to save thousands of dollars by representing yourself in deals. And your additional expertise will also come in handy when deciding where and when to invest in a home.
You run your own business.
For many people this is a prestigious badge of honour. Having the ability to start something yourself and provide for your family on your own accord. Being your own boss can be a very fulfilling career path for many and it just might be the right path for you. Real estate is an especially good business to be in because it allows for some protection for the swings of the economic markets, because people buy and sell properties whether the economy is good or bad.
Summary
The benefits of real estate far out ways the cons for many individuals, but only for those who are disciplined and prepared to take on all of the associated challenges. Getting your license is not and easy task. On average it takes about two years to complete all the necessary courses and then another 6 months to a year to sell your first home. So it is definitely not for the faint of heart. If you would like more information about the process feel free to subscribe to our newsletter to get monthly updates and tips about real estate, or contact us directly and we will get you to connect with our broker of record who can help you along your journey.