You Need to Know the Pros and Cons of a New Career in Real Estate

Published on: 02 February 2019 Last Updated on: 27 July 2022

Will a career in real estate work for you? It can be an exciting and challenging career change. Deciding on whether or not a real estate career will work for you depends on your personality. You will discover a new level of independence at work and there will always be new challenges.

Before you dive in, consider some of the pros and cons of a career in real estate.

Pros of Becoming a Real Estate Agent:

1) Money – Real estate agents work on a commission. Whenever you sell (or help your clients buy) property, you earn a percentage of that sale. Given that property is usually the most expensive purchase and investment the average family makes, that’s a large chunk of change. There’s no salary cap. If you can find a way to make a million dollars on commissions, there’s no one to put a cap on your earnings the way there would be in a salary job.

2) You’re Your Own Boss – Working as your own boss, you’ve got an unprecedented level of freedom to come and go as you please and vacation when you want.

3) Excitement – Real estate agents are constantly on the move. They’re always out there meeting new people and making new deals. If you’re the type to get bored at a desk job where every day feels the same, a real estate career will shake things up.

4) Knowledge & Experience Pay Off – The more you know, the more you sell. If you love to learn new things and experience more, it’s a career path that will pay off. You will have the chance to become an expert, not just on a neighborhood or types of property, but how to work with people and make sales.

Cons of a Real Estate Career:

1) Getting Started – The flipside of working in a commission-based industry is that it takes time to get started. If you’re working for yourself, there’s no one to pay your salary when you’re not making sales. It will take time before you can find clients and make sales, so be prepared financially to survive until you get the ball rolling. Many people start off part-time until their careers develop.

2) You Need Discipline – The downside to working as your own boss is that you need discipline. No one’s going to make sales and put money in your pocket if you’re spending all your time at the beach.

3) You Need to Know when to Take a Break – For others, the problem might be the exact opposite. If you’ve got a workaholic streak, you’ll need to discipline yourself to put the work away when it’s time to rest and recharge. Find a way to disconnect from your job and relax.

Real estate can be an incredibly rewarding career if you’ve got the personality to thrive in an environment where you’re independent and constantly meeting new challenges. Earning your real estate license is something you can do quickly and cheaply. With online real estate schools like RealEstateU, it doesn’t take long to start getting your real estate license.

Don’t worry if you’re not an expert in homes or home renovation. Your ability to tell whether a home has hard or soft water will not determine your success as an agent. The ability to work with people, work hard and go above and beyond for your clients will ultimately matter much more! However, the more knowledgeable you are in all facets of real estate, the better you will be at ensuring your clients make educated, long-term decisions.

Once you sign up for online real estate classes, you’re free to complete them at your own pace. They will prepare you for your state real estate license exam, and most states require you to complete the courses before you try writing the exam. With online real estate courses from real estate, you get all the resources you need to succeed at your exam, including video/audio lectures, a 200-page PDF textbook, and lessons from top real estate experts.

Get started on your career change today. Sign up for online real estate classes and be your own boss.

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Here Are The 10 Traits That Any Professional Should Aspire For

Each profession demands certain types of talents and skillfulness. However, it's critical for everyone in the workplace to possess a set of general professional qualities, demonstrating well-rounded competence. In addition, we are living in a highly competitive space where people constantly fight for a spot. Alternatively, we continuously seek ways to enhance our skills, striving to stand out in our chosen career paths. As long as you keep this spirit, you can overcome most job challenges. With a dedication to continual learning and responsibility, professionals can stay ahead on the career ladder. Further, they are more prone to new opportunities as they can make a lasting contribution to their industry. Top 10 Professional Qualities To Keep In Mind Aspiring professionals must strive to develop diverse qualities that can ultimately impact themselves, their clients, their colleagues, and the organization. This is true for everyone, whether you are a seasoned or a fresh graduate. Moreover, success and progression in one's career are not limited by age. We all have different success timelines. But as long as you have a growth mindset and a solid set of qualities, you can go a long way. While some are lucky to be born with the “wow” factor, others do not. This is why many enroll in professional behavioral coaching. After all, being a so-called professional can be learned. Read on as we discuss the significant traits you should aspire for! 1 Eager To Learn If you are familiar with Tim Clarke’s book, “4 Stages of Psychological Safety,” you would know how crucial it is to develop a learner mindset. You are more likely to encounter many clueless moments at work if you are a new hire. A person who is willing to learn can go a long way. Your eagerness can make you ask questions, make mistakes, and ask for help without fearing embarrassment or humiliation by your peers. 2 Can Remain Calm Under Pressure And Stress Not all can ace this one. Staying composed under stressful scenarios implies how professional an individual can be. Rather than zoning out or focusing more on the chaos, remaining poised allows you to maintain healthy relationships. This is because intense situations often trigger most people. They tend to do things they must not do. 3 Being Collaborative And Responsible If you are working on a bigger space, you must have an aura that can make you likable and pleasant to work with. Mastering such quality can get you more projects. A quick tip here is to allow your coworkers to share their insights. Let them contribute. This way, you can build an imaginary string that binds everyone on the team. 4 Exhibiting Leadership Abilities It does not matter whether you are not the CEO yet. An exemplary professional can lead a team effectively. Fortunately, various programs can help you with this particular skill. For instance, you can apply for executive coaching programs that provide psychological safety exercises. Also, professionals who can lead are more likely to receive promotions, better job offers, and pay raises. 5 Can Operate In The Highest Level Of Integrity Whether in a personal or professional setting, integrity is essential to practice. Cognitive behavioral coaching techniques can help you succeed in being trustworthy and practicing honesty regarding decisions. Having integrity makes people feel safer in letting you work on major assignments involving private information. 6 Self-Motivated And Solution-Oriented Most bosses and executives appreciate employees who excel at tasks without supervision. This is because a self-motivated individual tends to stay on track more than those who are not. On top of that, a professional must be solution-oriented. When an issue arises, these people will provide proactive solutions, not band-aid ones. They can offer practical ways on how to fix the problem. 7 Has A Positive Attitude No one prefers to work with a consistently pessimistic individual. Your positive attitude can contribute to a healthier working environment, inspiring others to do and feel the same. Aside from that, optimistic people are most likely to find solutions rather than dwell on the situation. This can help achieve more company goals in the long run. 8 Confident Again, let us talk about the book “The Four Stages of Psychological Safety” by Timothy R Clarke. His book’s first stage states that humans desire acceptance. When we feel valued and appreciated, we tend to be more confident. This highlights the importance of choosing a workplace that values inclusive. Your coworkers must operate without hate and discrimination. 9 Comfortable With Failure While we strive for perfection, it's inevitable to encounter failure at times. In the complex world of entrepreneurship where many things can go wrong, an employee capable of transforming negatives into positives can be invaluable. Being comfortable with failure can be tough to master. But once you do, you can become unstoppable. 10 Equipped With Executive Coaching Training If you're eager to excel in your chosen field, it would be prudent to invest in training programs that can enhance your workplace performance. A leadership coach can help you navigate the intricacies of the corporate world. For some, the concept of psychological safety in the workplace may be unfamiliar. To explain, psychological safety training is a framework that assists businesses and organizations in attaining their goals while supporting all members. Fortunately, a wide variety of executive coaching services are available to cater to the needs of every professional. Here's a list to consider: Executive Leadership Coaching Performance Management Coaching Corporate Coaching Solution-Focused Coaching CEO Coaching Career Coaching Executive Business Coaching A reputable coaching organization recognizes individual progress. For instance, they can give you behavioral coaching certification that you can add to your resume. This shows how you are eager for growth and development. Conclusion We can make significant professional contributions, particularly if we maintain a growth-oriented mindset and embrace coaching behaviors. Understanding how to foster psychological safety at work can be challenging. A well-respected coach can help you with that. These experts provide the necessary tools for workplace success. Moreover, they can serve as your accountability partner, aiding your personal and professional growth. Additionals: Fast-Track Your Career: 7 Things You Should Know About Executive Coaching Is Investment Managers A Good Career Path In 2021? Is Medical Assistant A Good Career Path In 2021?

What Is a Remote Job? Everything You Need to Know

There was a time when companies feared that remote work might affect healthy company culture and productivity. However, the pandemic made us realize that remote work can be a great work experience. When it comes to remote work, companies allow employees and employers to control where, how, and when they want to work. Multiple studies have confirmed that it helps to establish a positive work environment. Since 2020, remote work has become popular among all industries. We can observe that remote opportunities are all over the job boards. Some companies even describe themselves as fully remote. But the real question is, what exactly is remote work, and how successful is it to work from a remote location? Don’t worry, we have covered everything you must learn about remote work in this blog post. We will pay attention to the benefits and challenges of remote working. I will also discuss the recent remote job posts in high demand. What Is a Remote Job? In simple terms, remote jobs specifically talk about such work which does not require you to be physically present in the office space. Previously, remote working was considered just the same as working from home. However, in recent years, the term has evolved. Now, remote working means working from anywhere other than the traditional work setting. Whether working from a co-working space, your couch, or even a hotel room in another country, it is considered a remote job. Ultimately, the main aim is to get the job done regardless of the location from which you are working. If you have your laptop or proper internet, you can work from wherever you want. Remote working includes two specific types: Full remote. In this case, all the interactions take place on a virtual platform. Partial mode. This is also known as hybrid working. In case of partial more, the team splits up, and some of their employees work from multiple locations. Most of the companies follow their definition of remote working. You can find the specifications on their job descriptions and websites. For example, a company may offer you remote work, but you may have to work while residing in a particular city. Why Have Remote Jobs Become So Popular Lately? The traditional 9 to 5 and 40 hours of week still exists in various companies. However, more companies are moving towards the remote working policy. As per the remote working policy, employees are free to choose whether they want to work from the office or from a remote location. They get the opportunity to choose whatever suits them the best. Remote working has made a massive transformation in our way of working. It offers both flexibility and productivity in an organization. On top of that, it provides excellent access to the global talent pool. The remote working process has helped redefine the overall company culture. It also helps to adopt new and advanced technologies. Alongside the benefits, remote working has become a central part of the professional landscape. Thus, both employees and employers must adapt or instead embrace the opportunities and challenges it offers. In such ways, the companies can combine remote working with their daily operation. This will further empower individuals as well as organizations to connect through the digital world. The Major Benefits Of Remote Jobs There are a lot of benefits to working as a remote worker. In this section, we will discuss the benefits of remote jobs and why they appeal to employers and employees. You can work virtually To learn about what a remote job is, it is necessary to understand the significant benefits that it offers. One of the most prominent benefits of remote jobs offer is that you can work from anywhere . You just need to have better internet access. While working as a remote worker, you can choose your location. It can be a cafe or your own house. You can also work when you are traveling. You have a good internet connection, a well-functioning computer setup, and the time to complete the allocated tasks. However, some companies have specific rules and regulations regarding location. It would be helpful to understand the company policies regarding remote working. A flexible working schedule Remote working offers you a flexible working schedule. Suppose you are mostly productive during the early morning hours. In such cases, you choose the morning shift and tailor your working schedule accordingly. Remote working allows you to seize the opportunity and choose flexible working hours, leading to great productivity. It enhances your motivation Remote working helps you decrease additional distractions from your co-workers, further increasing your motivation. Additionally, it allows you to develop good habits. You also start following best practices that can help you to optimize your day-to-day activities. It saves you time and money When working as a remote worker, you can quickly minimize the time you spend commuting. It also helps you to save money on gas or maintaining your car. Moreover, you can invest less in working clothes or the meals you have outside. As a result, you can keep a proper balance between work and personal life while saving money. Are There Any Challenges? While remote working has a lot of benefits to offer, there are a lot of challenges that you might face while working as a remote worker. But that doesn’t mean that you cannot avoid the obstacles. You need to have proper planning to overcome the challenges. In this section, we will discuss the significant challenges of remote working. Long working hours There can be instances where you may have to work longer than your usual shift timing. As we have learned, remote working promotes flexible working hours. Thus, you must ensure you are logging off right on time. Consider setting an alarm to help you stay updated about your working hours. Complexity in establishing communication When working as a remote worker, you communicate with your co-workers virtually. This can lead to a massive communication gap. If you feel like such things are happening, consider talking to your manager and scheduling a meeting. This can help you to speak to everyone directly and further resolve the communication issue. Massive workload As a remote worker, you are more productive than in an office setting. This can lead to an increased workload. In such cases, do not hesitate to speak to your manager about it. Let the management know about the excessive responsibilities. The manager can help you to rearrange all your priorities. This can help you to maintain a manageable workload. What Are The Different Types Of Remote Jobs Available In The Job Market? Remote working frees you from a 9 to 5 desk job just to complete some meaningful work. In 2024, a lot of industries and companies prefer to provide remote jobs. In this section, I have provided you with a list of remote work available in the job market. The industries that are preferring remotes working in 2024: Computer and IT industry HR and recruitment Customer service Medical and health industry Accounting and finance industry Marketing Project management The top and most common remote jobs of 2024: Accountant Front and back-end developer Content writer Marketing executives Financial analysts Product marketing managers ‘ Brand managers Customer service representative Graphic designer HR recruiter Technical writer Project manager Can I Do Work From Home? Is the remote job the one for you? Remote jobs may be an ideal deal for all employees. Imagine taking frequent breaks, balancing your work and personal life, and working in a flexible shift- who doesn’t want it? Even if remote work is ideal for all, practically, only some are perfect fit for remote work. There are many cases where the employees felt left out, isolated, and lonely. As a result, it had a significant impact on their productivity. But you can still try to determine whether it is ideal. Firstly, you can start working as a remote worker and try it. See if it works out for you or not. Secondly, you can ask yourself whether you will be motivated to work even when your supervisor is not around! Are you going to feel isolated, or if remote working can actually increase your productivity? Asking such questions yourself can help you get a proper idea about it. This article has been helpful for you in understanding what a remote job is and everything you must know about remote working. , don’t forget to stay connected with us for more blogs and articles. Read Also: 5 Of the Highest Paid Remote Jobs 10 Work From Home Jobs For Moms And Dads

Effective Time Management Tips for Entrepreneurs Scaling Their Business

As an entrepreneur, the journey of scaling your business is exhilarating yet demanding. With growth comes increased responsibilities, more tasks, and greater demands on your time. Effectively managing your time becomes paramount to not only survive but thrive in this dynamic environment. Here are some valuable time management tips explicitly tailored for entrepreneurs on the path to business expansion. This article will also look at the benefits of dedicating some of your valuable time to giving back to society and helping others along the way using the example of Peter Dodge Bridgehampton, Founder and Chairman of Hanover Research. Prioritize With Purpose Time management starts with prioritization. Understand that not all tasks are created equal. Begin by identifying your most critical and high-impact activities. These are the tasks that directly contribute to your business’s growth and success. By focusing on what matters most, you’ll ensure that your time is well spent. Set Clear Goals And Deadlines Goals give you a sense of direction, and deadlines create a sense of urgency. Establish clear, measurable goals for your business expansion. Break these goals down into smaller, actionable steps with associated deadlines. This approach helps you stay on track and avoid procrastination. Embrace The 2-Minute Rule The 2-minute rule is a straightforward yet efficient time management strategy. If you can do a task in two minutes or less, do it right away. Responding to short emails, jotting down quick notes, or making brief phone calls right away prevents these small tasks from piling up and becoming time-consuming later. Delegate Wisely Scaling your business requires recognizing that you can't do everything yourself. Delegate tasks that others can handle efficiently, allowing you to focus on strategic decisions and high-value activities. Trust your team and empower them to take ownership of their responsibilities. Time Blocking For Efficiency Time blocking involves allocating specific blocks of time to specific tasks or categories of work. This technique minimizes multitasking and helps you concentrate on one task at a time. Create a daily or weekly schedule that designates time blocks for essential activities like planning, meetings, and deep work. Harness The Power Of Technology Entrepreneurs have a wealth of technological tools at their disposal for efficient time management. Use project management software, time-tracking apps, and digital calendars to streamline your workflow and stay organized. Automation can also handle routine tasks, freeing up your time for more critical matters. Learn To Say No As an entrepreneur, you may find yourself bombarded with opportunities and requests. While it's tempting to say yes to everything, doing so can lead to burnout and inefficiency. Learn how to gracefully decline projects or opportunities that do not connect with your goals or consume too much of your time. Regularly Review And Adjust Time management is not a one-size-fits-all solution. It's essential to regularly review your strategies and adjust them as needed. Evaluate what's working and what's not, and be willing to make changes to optimize your time management practices. Mindfulness And Breaks Don't underestimate the power of breaks and mindfulness. Taking short breaks throughout the day can boost productivity and creativity. Incorporate practices like meditation or a quick walk to clear your mind and reduce stress. Continuous Learning And Improvement Effective time management is a skill that can always be honed. Invest in personal development by reading books, attending workshops, or seeking advice from mentors. Learning new techniques and strategies can help you refine your time management skills over time. The Power Of Philanthropy As your business grows, so do your influence and resources. Many successful entrepreneurs recognize the privilege they hold and choose to use it for the greater good. Philanthropy, whether through charitable donations, volunteering, or community involvement, not only benefits those in need but also enriches your own life and business. Peter Dodge Bridgehampton, for example, is the Founder and Chairman of Hanover Research, a multinational information services organization based in Washington, DC. Dodge is the Chairman of one of the world's fastest-growing companies and largest market research agencies. Peter Dodge also operates a nonprofit, devoting his time to assisting others in living lives free of addiction. The Peter G. Dodge Foundation exists to assist people in living lives free of the consequences of alcoholism. Conclusion In the fast-paced world of entrepreneurship, mastering time management is not just an option; it's a necessity. By prioritizing tasks, setting clear goals, and embracing efficient techniques, you can make the most of your valuable time while scaling your business. Remember that effective time management is an ongoing process, so be patient with yourself and keep refining your approach. As you implement these tips, you'll find that you have more control over your schedule, reduced stress, and greater success in your business expansion endeavors. Start managing your time wisely, and watch your business thrive. Additional Reading: 4 Tips To Maintain Your Fleet Deep Dive Into Project Management With Informative Podcasts The ROI Of Proactive Pest Control For Property Management

You Need to Know the Pros and Cons of a New Career in Real Estate

Pros of Becoming a Real Estate Agent:

Cons of a Real Estate Career:

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Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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Here Are The 10 Traits That Any Professional Should Aspire For

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You Need to Know the Pros and Cons of a New Career in Real Estate

Pros of Becoming a Real Estate Agent:

Cons of a Real Estate Career:

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Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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