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Coach
You should expect to have $0 income for the first year.
Your Rolodex is your best asset. Realtors are a dime a dozen, so your relationships will be important to stand out from others.
Educating your buyers on where the market is trending, what the process looks like, and what’s “reasonable” from a bid or concessions perspective is FAR more important to closing the deal than driving the highest possible price.
Great answer
It can be expensive depending on your market area. I'm in NJ and there's a fee for everything so be prepared for that.
I am loving the transition into real estate so far! I think this is one of the best decisions I have made! It’s going to take a lot of work to build up a business, but it feels possible. I had my first buyer under contract within a month of getting my licenses and my first listing on a luxury property within 3 months. So much learning in a short period of time