What about a 53 year old going into Real Estate as an agent?

Question

Making it brief I lost my job some years ago. I have been searching for new opportunties at my age.

Answer 1

I think you'll be great!!! The first guy who sold our home for us was older than us around 60 or so and he was great, he sold our home in 1 day as soon as he put it on the market it was sold. Good luck to ya I think it's a good profession to go into. Lots of money.

Answer 2

Rosie, I cannot encourage you enough! I was 47 when I got my license. This is the only career where being a female and being older actually works in your favor. This is funny to me now, but when I started, because of my age, everyone automatically assumed that I had been doing this for years. I think maybe only one or two people asked me how long I had been selling. I would just drop my shoulders and sigh -"feels like forever"-and never really answer them! Why would they ask? I got with a good company with good training, (the stuff they teach you to get your license has nothing to do with selling real estate), bought a couple of nice suits, (you see different people every day so you don't need an entire brand new wardrobe like office work), showed up every day, kept my ears open, and faced the world with confidence. I never acted unsure of myself. If I didn't know something, I did then what I do now - I say so! Then I offer to get that information for them. I had a beat up rusted out car, so I would offer to meet at the property, park down the street around the corner, show up early, and they never knew I didn't have s(*t. Within 2 years I was making $240,000 per year.

I say go for it, woman. Go for it big-time and never ever let them see you sweat. Don't let the other realtors intimidate you either. You are just as good as they are. You will find some of them to be very helpful to you. I have helped many who came along after me, too. I am 53.

Answer 3

Join the crowd big guy. Welcome to the guys that are returning to the work force after a little time out.

You are a valuable memeber to any organization. Just rememer one thing that got me in trouble all the time. You are a rookie in a new career field.

Learn the new terminology as soon as possible and by all means if you are not get computer literate immediately,especially where your position is concerned.

You have wisdom that others will depend on based solely on your age.

I will not say the job you are tackling will be easy, but with lots of common sense, mother's wit you will be ok. Just remember that you are in a selling field if you were not in one before.

I recommend that you find an area with about 5000 house or homes in it and make yourself known to those people, let them know that you are their real estate agent and will assist them in any way possible with a sale as well as purchase. Get to know them and you them.

One person suggested you send a newsletter each month. I agree, but before doing that I would make myself a flyer introducing myself and walking the area introducing myself to my new clients. I would do this flyer thing for at least 3 months. After that I would then send a newsletter each and every month with articles concerning real estate and other related items.

You ca find articles about real estate in your local paper. You may use the article as long as you give the author credit.

Find yourself some professional buddies that want to assist you in your new business. You will need a lawyer, a notary, a title rep, a loan agent/broker and insurance agent that does insurance for homes. Each of these individuals should be able to pass out your business cards to those of their clients that will need your services.You should pass out their business cards to your clients that need their service. You might have to change these people because a referral should not be a one way street.

I hope this has been of some use to you, good luck.

'FIGHT ON"

Answer 4

that's good to pay attention which you have a purpose and are engaged on a plan to get there. many human beings your age does not even evaluate this. Your state licensing fee could have a internet internet site that lists all of its standards to get a keep clerk license. i've got confidence in Alabama you could be a minimum of 19, whether it must be 18. Your state will in all likelihood be the same. in addition they'll have prelicense classes you will could take in the previous you could take the examination to get a license, alongside with different issues. in the experience that your end purpose is to not be an agent yet a developer there could properly be an easier thank you to benefit the business enterprise. attempt asking the fairly some actual brokers on your section in case you should artwork for them as an unlicensed assistant. That way you're nonetheless in a studying atmosphere, gets to appreciate the approach of merchandising residences and meet all the significant human beings you will could understand with out spending a fortune your self. i might advise you're taking this course in case you're taking your instructions whether you opt for on your license. The greater adventure you may get the greater helpful. good success, and if i will help with something shoot me an email. Josh

Answer 5

It's a great opportunity for you as long as you go into it with your eyes wide open.

A career in real estate is a business. You're going into business for yourself, with all the expenses and risks that entails. You don't have to pay for your inventory, but you do have to spend a lot of money marketing yourself. You have to be consistent---I would suggest mailing to a farm area once a month June through December and twice a month January through May, in addition to any mailings you do to market your listings. All this costs money.

You should create a business plan, and make sure you have enough money in the bank to cover your marketing and other operating expenses (driving people around to see houses and buying them lunch costs money, and when you get listings you need to advertise them), your licensing fees, your E&O insurance, etc. If you've been relying on your own income to make ends meet, you have to have enough in the bank to cover your loss of income in the months while you build your business.

You have to plan to spend at least 8 hours a day working at building your business. Mailings, phone calls, walking neighborhoods to meet people, volunteering---you need to do all of these things to become known and grow into a successful agent.

You also need to have a thick skin. Sometimes, you work with a seller and have to find more than one buyer before the deal goes through. Sometimes you'll show a buyer 20 houses and write offers on 5 before you get the sale.

You have to be hungry, and willing to work hard. It's not a lark. It's a highly competitive business. You must have realistic expectations for income, expenses, and time investment.

All that being said---I loved it.

Answer 6

No problem my dad is 62 turning 63 this month and he's going to be a real state! Hey if that's what you want go for it there's nothing stopping not even age and hey you make big money!!

Answer 7

Go for it man!! Never, never, never let your age keep you from your dreams. As long as you still can walk, drive a car, and communicate with others, I see no reason why you would be unable to perform the duties of a realtor. Good luck!

Answer 8

It's o.k. Go for it. Make sure to let you friends and relatives know that you are in real estate. Ask for referrals. That should generate some business for you.

Answer 9

Century 21 trains you... Check into it or your closest Junior College also...

Good for it its better than Driving an 18 wheeler...

Answer 10

You can indeed, most european agencies at least will offer some kind of partner agreement, that way there is very little outlay to yourself and a lot of product support.