Wednesday, April 20, 2011

Lessons In Patience

So yesterday was a super exciting day for my career 'cause I lucked out on a phone call and got my first client! Hooray! I feel like getting the first one out of the way shows you that you can actually do this and makes everything else so much better.

A little while ago (read: forever ago since I'm still getting the hang of blogging for real for real) I mentioned some advice about starting a real estate career. My first word of caution is that it costs a good deal of money to get started. Not only do you have to pay for your licensing classes, but you then have to pay to take the exam, and just when you think it's over you get to pay to officially get your license. All in all that alone ended up around $400 for me.

And then I start making money right? Not quite yet...

THEN the Realtor's Associations have their hands out for money. $795 for my national, state, and local associations. AND THAT'S EVERY YEAR. Crazy right? I also have to pay quarterly dues to the Multiple Listing Service I use of around $200. And I still have to take continuing education courses which run me $115.

When I start actually making money, I'm sure this all won't seem so bad and obviously it can all be written off on my taxes. However when you're 21 and trying to keep food on the table and in the kitty's bowls it hurts a little.

So my advice to you is while you are studying for your exams save, Save, SAVE. It's a great career choice and I wouldn't do it any differently, but no one told me how much it would cost to start out.



Post a Comment