Is it still a good idea to become a real estate agent in this market?

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jamielcash
jamielcash Licensing, Real Estate Accelerator, Licensing Career Launcher, California Licensing Career Launcher, Massachusetts Licensing, Buyer Agency Professional (BAP) Posts: 517

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in Real Estate Career Mentor Community

Are you considering a career in real estate? It's best to understand the job outlook, the pros and cons of being an agent, and the strategies for success. This article provides you with the information you need to make sure it's the right decision for you.

The industry is expected to grow by 5% from 2023 - 2030 so there are plenty of opportunities. It's important to stay informed about market trends, build a strong network (start here in the community), and utilize technology to increase efficiency.

Share any pros or cons that you've discovered about being a real estate agent.

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  • SarahRDU
    SarahRDU Posts: 1

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    Well there are a number of law suits accusing realty firms of price fixing and suing for price fixing. So I worry about how commissions will work.

  • Jenisvo
    Jenisvo Licensing Career Launcher Posts: 39

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    Becoming a real estate agent can be a good career choice regardless of market conditions for several reasons:

    • Continuous Demand: There's always a need for skilled real estate agents to help clients navigate buying, selling, and renting properties.
    • Potential for Success: Success in real estate is absolutely attainable for those who are dedicated, consistent with their marketing, and understand the market dynamics.
    • Financial Rewards: The profession has been known to offer a good living. Even with the pending lawsuits GOOD ethical agents are making a great living! It's a business and you have to run it like one!
    • Personal Satisfaction: A career in real estate can be incredibly rewarding, providing an opportunity to make a significant impact in people's lives. Think service not sales and that mindset will take you far!

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