Career in Real Estate
A Career in Real Estate
Real estate is relationships. If people naturally like and trust you it is a perfect full or part time career.
Once you learn how to list and sell residential real estate you will have a full or part time income source for life.
The real estate business is relationships, you become a relationship expert helping your friends and acquaintances from their first home though their move-up homes to their retirement homes.
The National Association of Realtors shows that the typical full time agent participates in 12 home transfers a year, either on behalf of the seller or on behalf of the buyer. In the 2011 market, the average agent sells 6.8 homes.
National statistics also show that a Realtor will sell one out of 10 strangers and eight out of 10 relationship clients. You get to choose the method that is best for you. 2/3’s of the clients personally know the agent or are referred to the agent. 1/3 of the clients use other sources such as newspaper ads, signs and 1/2 of that 1/3 use the internet to find an agent.
The Marketing Method
This is the advertising, brand name, mathematical method. As an average agent you will participate in 12 transactions, either on behalf of the seller or on behalf of the buyer. To close 12 sales, you would help 120 strangers, 108 would not buy or sell. This is real estate by marketing messages. This is the one in ten statistics on closings. This takes up an enormous amount of time and energy but it works.
The Relationship Method
In the real estate relationships method people would be more involved in your life style. Clients would be referred to you just like you would refer a friend to a good restaurant, to a good doctor or recommend a book or a movie. This is the eight out of ten closing statistic in which you would help 15 people, 3 of which do not buy and 12 of which would close escrow on a home which is a big savings of time and effort.
We teach, train, focus, help you learn the real estate relationship method because you earn the same money and still have time to have a life. Work is a part of life, but it is not a life.
Consumer surveys show that real estate agents as a group have a poor image. When the same consumers were asked about their specific Realtor, nine out of ten would use that Realtor again and would recommend that Realtor to friends. That’s why it is important to be well groomed, well dressed, drive a clean car and work an organized business plan. 80% of those who attempt real estate as a job fail within 2 years because they do not treat it as a long term, professional, relationship business.
12 sides of home transactions in our market will produce between $72,000.00 to $720,000.00 of revenue. If the sphere of people who like and trust you live in large homes in prestigious neighborhoods your income will be closer to the top level, if the sphere of people who like and trust you live in apartments or are first time buyers your income will be at the lower end.
Ruth has done an excellent job of acqainting/educating us with the details of the AZ market. This has been our first experience purchasing an AZ property – and we’re very fortunate to have her assist us. Bless her for her patience with us throughout the process! – Roger (client of Ruth Sells)
No small part of this deal working out was due to the intense negotiations and juggling of our real estate agent, Denise Pruitt with Arizona Best Real Estate. She acted in our best interest at every turn, taking the brunt of the unpleasantness and making it work out. WE WOULD NOT BE IN THIS HOUSE WITHOUT HER. I think she is owed a bedroom, at least. Maybe a portion of the pool. – Eric & Kathryn (clients of Denise Pruitt)
My husband and I recently had the pleasure of working with Kathy Dalton. Our experience with Kathy was so impressive that I feel it absolutely necessary to share it with you. If Kathy is representative of the realtors in your organization, then you are fortunate indeed to lead an all-star team. Perhaps the most important thing I can say to express what a pleasure it was to work with Kathy is that she treated us like friends.– Lori (client of Kathy Dalton)
Thank you for helping me find my beautiful home. I knew it was hard work, but it was worth it. Thanks again for everything and for being such a good friend. – Kristin (client of Denise Pruitt)
Working with you was a great experience. Your knowledge, consulting and negotiating skills made the selling process go so smoothly. I will recommend you to my family, friends and anyone interested in selling or buying a home. – Judy B (client of Vicki Kaplan)
Sheri helped us narrow down a list of homes she prepared for us, encouraged us not to just settle and within 48 hours we were signing papers to a home that suited all of our needs. Sheri was very knowledgeable and the made the house hunting experience A LOT OF FUN!! We would personally recommend Sheri to anyone looking to purchase a home in the future. – Bob & Sue H (clients of Sheri Jackson)
This was my first time selling my house and I really didn’t know what might be in store for me. Chris, put my worries at easy and guided me through the whole process, it was very easy. Chris laid everything out for me and was very knowledgeable, whenever I had a question. I would recommend him to anyone. – Cameron K (client of Chris Nace)
‘I would STRONGLY recommend Colleen to anyone that needs a realtor. She did an outstanding job on the sale of two of my condos. I live out of town and she took care of every detail including resolving some challenging glitches that developed along the way.’ – Steve (client of Colleen Olson)
I have worked with Cheryl several times (buying and selling) and I can confidently give her my highest recommendation. Cheryl is an intelligent, thorough and motivated agent who will work diligently to provide a pleasant and successful real estate transaction. – R Chang (client of Cheryl Menayas)
Ruth Sells was just a pleasure to work with and the best Realtor we have had the opportunity of meeting in many years of searching. – the Stumpfs (client of Ruth Sells)