subject: Busting The Myths About Establishing A Career In The Real Estate Industry [print this page] Whether it's on a professional basis or in our everyday lives, there are a lot of myths which simply refuse to die. Rather than taking such myths into account, doesn't it usually make more sense to discover the truth first rather than believing such fallacies?
Here, we will be busting some of the most common myths about the real estate industry. This business of buying and selling homes does have its share of myths, and this is something that we will delve a bit deeper in.
Top Real Estate Myths & the Truth about Them
Take a look at the following real estate myths and the truth about them:
When you establish a real estate career for yourself, you will instantly make tons of money even with very little skills.
This is the number one myth which persists up to now. A lot of people have this misconception that since you are in the realty industry, you can make tons of money with very little skills.
In fact, the opposite is true. If you are working as a realtor, you need to learn about the ins and outs of the industry first. Without prior knowledge about it, how can you actually go about getting your own leads or closing a sale? Another myth that needs to be busted is that they instantly make tons of money. During your first year as an agent, you may not even earn back the money that you already invested with getting licensure exams and the fees for the local realtors association.
The only thing that agents care about is earning a commission out of the home buying or selling transactions that they finish.
Perhaps this reputation that RE agents have stemmed from the cold calls that they used to make in order to generate leads. Fortunately, they do not need to rely on this method anymore. If you're a realtor who would like to establish a long, solid career in the industry, then you should show your clients that you value their business and you aim to provide them with the best possible services that you can give - and you're not only after a quick buck.
Real estate agents have the luxury of setting their own schedules.
This is another myth that should be busted when it comes to the realty industry. During your first year as a realtor, you might need to work after hours and during the weekends - because these are the times when workers who are looking at houses have their schedules freed up. As such, you will be required to put in the extra hours if you want to have any chance of closing sales or buying homes.
Now that you already have an idea about the top three myths surrounding real estate marketing as a career, what else can you add to the list? By learning about the ins and outs of the real estate industry, you can bust these myths and know the reality of what you are dealing with as a realtor.
