|
Hi,
To survive, you must have savings to cover you for a few months of
living expenses. If you were to sell a property on your first day,
closing would still take at least 30 days (45-60 days is more like it).
If you work for a developer/home builder, they typically pay a draw
against future comissions, and some will have bennies. Also, you'll
want to quickly identify who your hottest prospects are, and qualify
them to make sure that they're able to purchase what they're looking
for. Then devote much time and attention to them, so your closing can
take place sooner than later. Make sure you're good at followup, and
track the progress of all loans to make sure there is no snag in
getting a loan commitment. Make relationships with Mortgage brokers
that are good, and refer them business. Network, attend functions with
other real estate/mortgage/title/investor professionals to expand your
sphere of influence...I could go on and on...
Hope this helps!
Tom Kessler
Licensed Florida Realtor
Licensed Florida Mortgage Broker
DR Horton Vacation Communities
miscrea.3.hangglid...@spamgourmet.com
jsh347@gmail.com wrote:
> Surviving as a new agent with no commission??? How do you do it?
>
> At the moment I'm not working, but I'm studying for my real estate
> license. I plan to start working in about 2-3 months. How do you start
> out and survive with no income while you await your first commission?
> (I recently relocated from out of state and am on unemployment from my
> last job, but that will be ending about the time I plan to start
> working in RE)
>
> Do agencies pay you a salary when you first start out or what?
>
> Any suggestions or ideas would be great! Thanks!
|
|
Re: Surviving as a new agent with no commission??? How do you do it?
