Are you considering a career in real estate? Well, hold your horses! Before you dive in, there are a few challenges you should know about. And if you think being a real estate agent is all about negotiations and appearances, you're in for a surprise. Here are the top 5 challenges you'll face when starting a career in real estate.

Challenge #1: Money Matters

Did you know that 85% of agents run out of money in their first year? Yikes! That's because they didn't properly evaluate their finances before jumping into real estate. Make sure you have enough savings to cover your living expenses while your business gets off the ground. And don't forget to set aside some cash for marketing, MLS strategies, and ongoing education.

Challenge #2: Building a Business

When you become a real estate agent, you're essentially starting your own business. This means you have the potential to earn big bucks and create a schedule that suits your needs. But here's the catch: building a successful business...

If you have let your license expire, you are not alone! Firstly, the Manfred School has been a source of education and guidance for many people who have allowed their license to expire over the years. For instance, there are so many different reasons why licenses expire. Most importantly, there are even more reasons to get back in the game, especially now! Regret Letting Your Real Estate License Expire. We understand, life happens!

Why Is This a Great Time to Get Your License Back?

Despite what you think, the headlines in the news continue to point to a healthy and thriving real estate market. In other words, there will always be people looking to buy and sell homes. One way to ensure a steady income and flourishing career is to become an expert in an industry that will never fade away. Certainly, real estate is not just a fad. Perhaps, you might have been thinking about getting your license back? Or regret letting your real estate license expire? There is no better time than the...

How Much Does the Average Real Estate Salesperson Make in New York State?

According to careerexplorer.com, the average salary for a real estate agent in New York State is around $116,460 per year.  Obtaining your real estate license is quite quick and easy.  However, having a real estate license does not guarantee a high income.  Most importantly, as a salesperson, you are starting your Own business. Whether you make above or below the average salary will be entirely up to you.

Earning Potential is Directly Proportional to Dedication

Are you tired of the 9-5 grind and want the freedom to make your own schedule? Starting your own business, specifically in real estate, could be the answer you're looking for. Unlike traditional office jobs, real estate allows you to work on-the-go and with the flexibility to fit your own lifestyle.

But be warned, real estate isn't a guarantee for a set salary or hourly wage. Instead, your earnings are a direct reflection...

Becoming a Real Estate Broker

Some agents in the Real Estate industry take continuing education to meet a state minimum requirements. Then there are those who better equip themselves for change. Many have recognized in their own businesses that because of the lack of educational advancements in the real estate industry, there is significant room for career advancements. So many choose to go above and beyond to advance their own careers by attending every classroom opportunity. So the question remains, what does it take to become a Real Estate Broker? Opportunities to grow are all around you, all it takes is your willingness to take the first step!

Many students inquire on a regular basis on what it takes to become a real estate Broker in New York. Having completed such education is a prerequisite in this process to upgrade your license. When you upgrade your license to become a Broker in New York State, there are a few things you need to know.

Requirements

Must be at least...

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