By J.T. O’Donnell
Okay, so I don’t need to tell you the real estate market is suffering. Honestly, the average American would call you crazy right now to want to get into this as a profession. But as a career strategist, I’m telling you now is the time for those who have always had an interest in real estate to take some action.
Here’s why:
The best way to assess a career and determine if it is right for you is to ‘try before you buy.’ That means, you need to go beyond what you know about the career (i.e. talks with people in the field) and start to uncover the day-to-day elements to executing the job, maybe even experience what it will take to get the job so you can see if it turns your excitement level for the career up or down. Unfortunately, many people can’t do this. Why? Because the ‘try before you buy’ phase for most careers involves too much education or a major pay cut in an entry-level job. Ahhh, but that’s not the case in real estate.
For a few hundred dollars, you can study online and pass your state and national real estate exams in under a month. In doing so, you get a maximum return on your investment because:
1. You will have a certification to add to your existing resume.
2. You can enter the field on a part-time basis and gain experience while the market recovers.
3. You’ll have a more accurate sense of whether or not the career is right for you without having made any dramatic, irreversible decisions.
4. Studying something new will be inspiring and help make your day job feel less stressful.
This is the kind of step that makes sense in a tight economy. Learning about a new career and advancing your skills so you are more prepared to enter the career when the time is right is what being a smart professional is all about. Moreover, finding career satisfaction takes a proactive approach. So, if you love real estate, it’s time to take action.
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10 Comments
It is really important to be educated before entering any kind of career you want.. It is better that you are well trained and knowledgeable in order to become successful in the career you enter… There's a saying that the “education is the only treasure that cannot be stolen”. I think is it is the best reason for this..
It is really important to be educated before entering any kind of career you want.. It is better that you are well trained and knowledgeable in order to become successful in the career you enter… There's a saying that the “education is the only treasure that cannot be stolen”. I think is it is the best reason for this..
It is really important to be educated before entering any kind of career you want.. It is better that you are well trained and knowledgeable in order to become successful in the career you enter… There's a saying that the “education is the only treasure that cannot be stolen”. I think is it is the best reason for this..
It is really important to be educated before entering any kind of career you want.. It is better that you are well trained and knowledgeable in order to become successful in the career you enter… There's a saying that the “education is the only treasure that cannot be stolen”. I think is it is the best reason for this..
Hi,
I've been lagging on taking my test and took all my courses almost 2 years ago. Hopefully, the time doesn't change anything.
Any advice on what to look for in a part-time in real estate, what to expect, and suggestions on companies/self-Realtor that do hire part-timers for just weekends or weekdays?
Thanks,
-DW
My sister is getting her license as we speak. I told her that since there are others who might be changing careers from Real Estate to something else, she might as well be there when people start buying houses again. She is working full time while she is studying for her exams.
JT, this is what I am currently doing. After I quit one of my jobs I had two weeks before starting my new job – just enough time to take the real estate classes and get my license. I currently do real estate in the evenings and weekends and boy is it busy! There is a ton to learn once you get your license and start showing clients around but it has been very rewarding.
Congrats Harold!
You are the exact kind of person I was referring to. It's so good to hear you are enjoying the process, and when the market rebounds, you'll be up and running and ready to profit!
Best wishes,
JT
JT raises a very good point in her post. This “try before you buy” notion sounds a lot like an internship. In any field, an internship is key. They can help you in two different ways.
The first way is to “try” the internship before you “buy” the job. If you are on your internship and hate the work you are doing, its a great indication that this job is not for you. If you love the work you are doing, you should stay in that job which leads me to my second point…
By doing an internship, you gain the knowledge and experience you need to advance in that field. You also get a “leg up” on the competition because you have already done “x” amount of weeks/months in that job field. An employer is more likely to higher someone with that experience.
Whether it be real estate or an internship, “try before you buy” is a great method of approach.
It makes sense to me! When the market is down that is the time to jump in! Warren Buffet made million$ like that with the stock market. The exception was that he had to get to KNOW the company, their ethics, and practice. Only THEN would he buy their stock. The same can be applied in this case.
The same can be applied to other lines of business. Building is down in this market but when it picks up there will be the need for builders … and managers to oversee those projects!
Stocks are down … now is the time to jump in (for the long term). If I can remember, Warren Buffet's motto is “when they are selling – buy and when they are buying – sell!”