When young people are asked this question “What career would you like to choose in the future?” you will get to hear many answers. Doctor, pilot, president, business person, jet fighter pilot, astronaut, scientist, computer genius, surfer, swimmer, athlete, footballer, rugby player and even a hacker sometimes. The one answer that you will fail to hear a child replying is that they want to be a real estate professional.
A majority of the people today will attest that what they answered in that question when they were young is not what they are doing today. The good thing is that as an adult, you can finally make a wise decision based on income, passion, adventure and growth.
Below are 5 reasons people choose Real Estate Investment as their job.
The professionals have a lot of freedom since they can be their own bosses if they are not working for another real estate professional. Apart from that, one can design their own work schedule that will fit their day to day timetable. This means that they can work as much or as little as they want. While this is a good thing for many people, it can be quite a challenge for others.
To ensure that you are able to reap big rewards in the end (I mean fat commissions); you need to have a great work ethic. Uncle Ben in Spiderman told his nephew that “With great power, comes great responsibility.” In this case, “responsibility plus a great work ethic equals success.” While the professionals can work under a broker, it does not mean that he/she will be the boss always. Real estate agents can become their own bosses at the snap of the fingers. This provides more freedom to the professional which enables one to streamline their day to day activities.
According to research, many people look down on a real estate investment profession especially when they get to learn that a professional gets to earn around $40,000 in a year. This makes many people to think that real estate profession as a career is not rewarding. What they don’t know is that real estate professionals earn high rewards in terms of commissions. Every house a real estate professional sells means a fat cheque in the bank without even counting the yearly salary.
The best thing about being a real estate professional is that you can work as a part time profession treating the job as your hobby or work at it fulltime. In order to become a successful real estate broker, it means that you need to have goals, the right plan and an effective hardworking team.
When compared to an office job where you have to report at 9 am and leave at 5 pm while awaiting a monthly fixed salary, being a real estate agent seems more rewarding. While an office job can pay higher yearly especially in the corporate world, you will have to work crazy hours and meet even crazier demands.
Ensures more control of your life
The one thing many people who work in offices fear is losing their job or quitting their job in order to start a business. In an office job, one is assured of a fixed monthly salary that comes with benefits such as health. Bonuses may be provided at the end of the year but it’s not a surety. For real estate professionals, they can start working under another successful professional.
Within 6 months or one year, they can decide to venture out and together with a few others; they can open their own real estate firm. They can get to hire their own employees and grow their firm with ease. Real estate professionals don’t fear losing their jobs as they know they can create one. This means that they have more control in their lives. One can build a business off one successful client.
Less startup times
In most professions, you are required to undergo several certification programs in order to be qualified and be given a job. With real estate, you don’t have to undergo this; you can start now and earn commissions in no time.
Majority of the courses can be completed in no time while at other times; one can receive training from a qualified profession and still be successful.
Unlimited room for growth
As a investment professional, one will not only grow their portfolio but they will get to grow themselves. One can hire many professionals who will enable the business to grow and acquire more assets around the world.
This will not only mean more money and success to you but to your business as well. A majority of successful people in different ventures will tell you that surrounding yourself with smart people is ultimate road to success.
A real estate investment job is not only a great way of understanding how investment works but it’s a great way to learn tips and tricks. You can grow to become your own boss and hire smart people to help you achieve your dream. The job offers you unlimited growth and unlimited rewards if done in a smart way.
Memphis Buy And Hold is specializing in locating, purchasing, renovating and managing single-family and multi-unit properties and possesses over 8 years of experience in real estate investing and property management in the Memphis and Nashville markets… Learn More…… www.memphisbuyandhold.com