A few months ago, I made the decision to quit my Executive position at a small internet publishing firm. I knew I didn’t want to jump into another 40-hours-behind-the-desk job right away, so I decided to pursue a career in real estate. I thought it might work well with the small portfolio of rental properties that I began to put together over the past two years. I also like the idea of having a clear business path, specifically, if I do well as an Agent, I could build up a team and eventually start a Brokerage firm.
November 15th was my D-Day. I left my old job and officially start my new career. This is a career where a big emergency fund and a good mentor come in really handy. I have already spent nearly $2,000 to get started, while working at $0 per hour pay rate.
Before I get into what happened during the first week, here is a brief synopsis of the events that led up to November 15th.
I was supposed to start on the 17th hosting an Open House for my mentor, but the house was under contract within 48 hours of listing it. I am happy for my mentor, but a little disappointed that I missed the chance to show the house and meet potential clients.
November 18th: My official start date. I spent the morning at the Prince William Association of Realtors. I thought being a Realtor was optional when I first started, but I soon realized that I cannot do all that much with my real estate license without becoming a Realtor. By comparison, it is like being a blogger without access to the Internet…it just doesn’t work. With my Realtor membership, I am also able to gain access to the MLS (Multiple Listing Service).
November 20th and 21st: I spent these days at the office as the Agent on Duty. Basically, this is how the Broker distributes leads. The Agent on Duty opens the office, answers the phone, and responds to emails. In turn, he gets all the leads that come in at that time.
November 23rd: I went out to meet my mentor’s clients, a couple with two kids, to show them some houses in Manassas and Woodbridge area. It was a productive morning because they liked two of the houses we saw that day.
So far, the best part about this job has been the opportunity to meet people and help them out. I have bought a few houses over the past few years, including a few rental properties, so I feel like I have what it takes to help home buyers, renters, and landlords. In the first week, I was able to do a few of these things.
There were a few others that I started to work with this week, so it has been a much fuller week than I anticipated — this is a good thing because keeping me busy is keeping me sane.
I hope you enjoyed slightly unorthodox entry.
Photo credit: Wikimedia Commons.