Sadly, the dropout rate for new agents is well over 80 percent. The primary reason is the choices new agents make from the start. They do not understand the significant differences between the franchise chains, the boutiques (luxury and otherwise), and the small, home-based brokerages. There are pros and cons for each type of office. Realtors who do not understand these differences hop from company to company.
There are also hidden fees and agendas that are not disclosed to the new agent; there are hierarchies and unspoken policies in place at every office. Not knowing about the important details that are seldom disclosed up front causes agents to change companies multiple times, especially in their first year. In doing so, they lose confidence and momentum along with their customers and their listings. The new agent who can avoid the common pitfalls will not be one of the 80 percent who fail.
What the new agent needs is empowering, street-smart information and Valerie Thorne’s Start Selling Real Estate offers just that. The author’s goal is to provide new agents with the kind of real world information that will enable them to make the right choices from the beginning of their careers. It will help new agents avoid time and money wasting activities. This book walks you through the types of agencies and provides you with the information that will help you decide which office is the best fit for you, based on your needs and goals. It explains the financial impact of different combinations of fees and agent/broker splits: the portion of money that goes to you and the portion that goes to your office once a deal has closed. It will explain why your broker’s agenda is to get you to buy lead-generating and marketing services you don’t need, and offers tips on how to sidestep their demands.
Let Valerie give you the straight-up talk so you can be street-smart in this lucrative but rough-and-tumble game called real estate. Let her empower you to get started the right way.
Who should read this book?
•Anybody who is on the fence about a career in real estate or wonders about the initial costs and how long the process takes
•Anybody who is afraid to get started because he or she does not understand how the real estate game is played
•Anybody who is in real estate school now or just signed up for classes
•Anybody with a lot of questions about what to expect
•Anybody who is a new agent or is about to become an agent and wants straight-up advice on how not to become one of the 80 percent that fails
•Anybody who needs guidance in choosing the right office
•Anybody who passed the state exam but never moved forward in real estate because of the minefield of choices and expenses
•Anybody who is jumping from agency to agency, from one bad situation to the next, and needs to know how to stop the cycle
•Any agent who is struggling as he or she comes to that make-or-break first-year mark when most give up and quit
Use Valerie's hard-won knowledge to guide you through the process of getting a license, choosing the right agency for your goals and needs, and to help start your real estate career.
Anyone who seeks financial wealth must first learn the fundamental truths and models that drive it. The Millionaire Real Estate Investor represents the collected wisdom and experience of over 100 millionaire investors from all walks of life who pursued financial wealth and achieved the life-changing freedom it delivers. This book--in straightforward, no nonsense, easy-to-read style--reveals their proven strategies.
The Millionaire Real Estate Investor is your handbook to the tried and true financial wealth building vehicle that rewards patience and perseverance and is available to all--real estate. You'll learn:Myths about money and investing that hold people back and how to develop the mindset of a millionaire investor How to develop sound criteria for identifying great real estate investment opportunities How to zero in on the key terms of any transaction and achieve the best possible deals How to develop the "dream team" that will help you build your millionaire investment business Proven models and strategies millionaire investors use to track their net worth, understand their finances, build their network, lead generate for properties and acquire them
The Millionaire Real Estate Investor is about you and your money. It's about your financial potential. It's about discovering the millionaire investor in you.
The collapse in real estate prices from 2007 through 2012 was the most significant event in the real estate industry since the Great Depression. But today, with the real estate market rebounding, a new generation of investors is entering the field, eager to make their fortune.
Building Wealth One House at a Time, 2nd Edition provides you with a practical way to create wealth through an ethical approach of buying, financing, and managing property. Renowned real estate expert John W. Schaub takes you through his 9-step program and explains how to accumulate one million dollars’ worth of houses debt free in any market, while earning a steady cash flow.
This invaluable guide presents fresh strategies for buying and financing property, reflected in six new chapters on topics such as real estate cycles, financing real estate purchases, negotiation techniques, and retirement investing.
You’ll learn how to:
• Finance real estate purchases without going to a bank
• Recognize and capitalize on real estate cycles
• Improve your negotiation skills in any situation
• Avoid common and costly mistakes
• Create cash flow that lasts forever, and much more
Building Wealth One House at a Time, 2nd Edition reveals how virtually anyone can accumulate houses debt free and earn an income for life.
"Gary Keller knows the beauty of a simple path to a spectacular goal!”
—Mark Victor Hansen, co-creator, #1 New York Times bestselling series Chicken Soup for the Soul, and co-author, The One Minute Manager
Keller Williams has grown into one of North America’s largest real estate firm—and it continues to grow even during one of the worst markets in history.
In Millionaire Real Estate Agent—Success in Good Times and Bad, co-founder and Chairman of the Board Gary Keller shares the methods has taught to hundreds of thousands of successful agents. This two-in-one ebook package gives you the knowledge and skills you need to take your career and success to the next step. Millionaire Real Estate Agent—Success in Good Times and Bad contains:The Millionaire Real Estate Agent In order to make it big in real estate, you have to learn the fundamental models that drive the best agents in the industry. In The Millionaire Real Estate Agent, Gary Keller applies his lifetime spent in the business to give you the knowledge and skills you need succeed. This unparalleled guide reveals: Three key concepts that drive mega-agent production Essential economic, budgetary, and organizational models The secrets to how millionaire real estate agents think How you can get on the million-dollar-a-year real estate career path SHIFT More than 1,000,000 copies sold!
Markets shift, and you can, too. Sometimes you'll shift in response to a falling market, and other times you'll shift to take your business to the next level. Both can transform your business and your life. You can change your thinking, your focus, your actions, and, ultimately, your results to get back in the game and ahead of the competition. SHIFT offers twelve proven strategies for achieving success in any real estate market, including:Short sales, foreclosures, and REOs Overcoming buyer reluctance Expense management Lead generation Creative financing
Do you want to get involved in real estate investing, but aren't quite sure where to start? Real Estate Investing For Dummies is your go-to resource for making sense of the subject, offering plain-English, step-by-step explanations of everything you need to know to keep yourself one step ahead of the competition. Inside, you'll discover how to overcome the challenges of the market, take advantage of the opportunities in any real estate environment—including a down market—and so much more.
Written by industry experts Eric Tyson and Robert Griswold, this new edition of Real Estate Investing For Dummies offers proven, practical, and actionable advice for anyone who wants to invest in income-producing properties. With the help of this straightforward and time-tested information, you'll get the know-how to wisely and confidently make smart, sound, and informed real estate investing decisions that will reap big rewards.Shows you how to make real estate part of your long-term investment plan Provides tips on getting the best deals on financing Offers trusted guidance on mastering the art of property valuation Gives you access to unprecedented information on how to build wealth in any market
If you want to jump into the real estate market as a first-time investor or just want to brush up on recent changes that have occurred in the field, Real Estate Investing For Dummies is an essential resource you'll turn to again and again.