I have a question for all of the brokers and salespeople who seem to be lurking on the Street Easy boards. I've recently closed on my first apartment purchase and over the last year and a half have become extremely interested in NYC real estate and have decided that I want to start a career in real estate sales. I've passed both my school (NYCREI) and state exam and am now looking for a sponsoring... [more]
I have a question for all of the brokers and salespeople who seem to be lurking on the Street Easy boards. I've recently closed on my first apartment purchase and over the last year and a half have become extremely interested in NYC real estate and have decided that I want to start a career in real estate sales. I've passed both my school (NYCREI) and state exam and am now looking for a sponsoring broker. The lack of good or bad input and experiences out there about the various brokerages surprises me although I guess it shouldn't- those who fail presumably fade away and those who succeed have little time to go around offering career advice. I have a passion and a willingness to do whatever it takes and firmly believe that I would be a profitable "hire" for any broker. There is one caveat however and that is that I would like to start part-time, because as I said I recently closed on an apartment of my own and need my current job to pay the mortgage. Is it unrealistic to think I could get into this highly competitive and crowded field part-time? I'm willing to work my lunch hour and from 5:30 PM until late into the night and on weekends doing whatever it takes. I have a bachelor's degree in finance and am especially interested in the advantages that the latest technologies can create for those willing to learn and use them. This isn't meant to be a resume or replace direct conversation with the sponsoring brokers (and their associates) that I am considering, I simply thought it was worth a shot to see if I could get any anonymous (or not) advice from this crowd. Thanks in advance. Also in advance, I know there will likely be the advice: Don't (re: considering this career move), but please keep it to a dull roar, I understand the general sentiment toward those in the re industry and it just isn't helpful.
Regards.
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Response by anonymous
over 18 years ago
Posts: 2
Member since: Jun 2007
no one?
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Response by malikacumbie
over 18 years ago
Posts: 3
Member since: Jun 2007
Exit Realty Is a great company for new agents, Because everyone gets a mentor. We Start Everyone at 70% split. (90% after grossing 100k). Check out Swenewyork.com or ExitRealty.com.
Alot of the Agents are happy there because the Ceo Steve Morris figured out how to fix alot of the problem in real estate as a career. Contact me to Learn More.
I got the bug when moving to NYC and fell in love with NY Real Estate. Like you I wanted to work part-time since there was not a salary. I found out that you cannot be successful this way and if you are really passionate about it just go for it. You need to be available to your customers and they want to look when it is convenient for them. Working full-time at another job is just too distracting and this is the type of career that you need to be committed to 110% especially in the beginning. I was up many nights until midnight just reading articles and trade magazines and books etc to learn as much as possible but the real experience comes with time and by actually doing the deals. Maybe you could work for an established broker who needs help with showing etc this way you can learn and they will give you customers to work with and they may be able to work around your schedule. This is a very intense business, good luck.
www.thenewyorksource.com
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Response by loftsbrooklyn
over 18 years ago
Posts: 8
Member since: Aug 2007
city habitats,halstead,ac lawrence, and the list goes on , the turn over rate in nyc for sales people is about 80%, so brokerages with large inventories of exclusive rental buildings need people to rent them.
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no one?
Exit Realty Is a great company for new agents, Because everyone gets a mentor. We Start Everyone at 70% split. (90% after grossing 100k). Check out Swenewyork.com or ExitRealty.com.
Alot of the Agents are happy there because the Ceo Steve Morris figured out how to fix alot of the problem in real estate as a career. Contact me to Learn More.
Malika Cumbie
Associate Broker
Exit
SweNewyork.com
I got the bug when moving to NYC and fell in love with NY Real Estate. Like you I wanted to work part-time since there was not a salary. I found out that you cannot be successful this way and if you are really passionate about it just go for it. You need to be available to your customers and they want to look when it is convenient for them. Working full-time at another job is just too distracting and this is the type of career that you need to be committed to 110% especially in the beginning. I was up many nights until midnight just reading articles and trade magazines and books etc to learn as much as possible but the real experience comes with time and by actually doing the deals. Maybe you could work for an established broker who needs help with showing etc this way you can learn and they will give you customers to work with and they may be able to work around your schedule. This is a very intense business, good luck.
www.thenewyorksource.com
city habitats,halstead,ac lawrence, and the list goes on , the turn over rate in nyc for sales people is about 80%, so brokerages with large inventories of exclusive rental buildings need people to rent them.
good luck