or  
 
 
 
 
 
Advanced Search
Here you can find answers to you most common home buying or selling questions. If you can find it here please contact us for futher assistance.
 
Why should I consider a career in real estate?

What are some things I should expect when I'm starting out?

How do I get business?

What kind of person does well in real estate?

How do I get started?


What does it cost to get started?


Are there recurring costs?


How much money can I really make?

 
Q Why should I consider a career in real estate?
  A Real estate provides an opportunity to run your own business with a minimum amount of up front expenses. Although it's not for everyone, most people like the idea of not having a limit placed on the amount of income they can earn. The idea of flexible work hours can also be a huge incentive. Realtors also have the luxury of actually having a career that they like, not just a job to earn income.
back to top
 
Q What are some things I should expect when I'm starting out?
  A Highs and lows are part of any sales career some months will be higher producing than others; consistency over time will be the key to your success. Expect to invest up to $2,000 during the first 60 to 90 days to cover licensing, education courses, business cards, Board of REALTOR® dues and personalized marketing materials. The first paycheck may not come for a few months, because real estate sales are paid on a commission basis; it takes some time to establish and build a customer and client base for your business.
back to top
 
Q How do I get business?
  A

Your objective in this business is to assist people through the process of buying or selling homes. The way you accomplish this is by utilizing various prospecting systems that develop potential leads. Your business can come from people you already know or from complete strangers. You will be trained in all aspects of prospecting and sales and will be able to create a career that will be long lasting.

But first, it is important that you choose the right real estate office within your brokerage that fits your personality and style. The support and energy you receive from your environment - from your manager, a mentoring program with senior sales people, or other new recruits - will all enhance your business performance. And, it is critical to create a business plan with your manager to ensure that in some way you are prospecting for new clients every single day!

back to top
 
Q What kind of person does well in real estate?
  A Almost anyone can do well in real estate. It really isn't a matter of education or superior salesmanship. Although these things help, it's more about being committed to your own success and willingness to work hard. At DMS Realtors®, we've had people from all walks of life become tremendously successful.
back to top
 
Q How do I get started?
  A The first step is to meet with one of our representatives or managers and sign up for the pre-licensing class through www.prosource.com. This is a 30-hour class that provides the tools to pass the required state-licensing exam.
back to top
 
Q What does it cost to get started?
  A We estimate the start-up expenses to be approximately $2,000. Some of these expenses include membership in the local, state and National Association of Realtors, licensing fees, etc. Your manager will elaborate on what fees are due and when.
back to top
 
Q Are there recurring costs?
  A Just like running any business there are associated costs and real estate is no exception. Every year you will have similar recurring fees as those above. In addition, there will be other self-promotion expenses that you could incur.
back to top
 
Q How much money can I really make?
  A

This really depends on you. Realtors are paid strictly on a commission basis, which depending on your point of view can be bad or good. If the idea of being paid what you're worth appeals to you, then real estate is your choice. Most hard-working agents can meet or exceed their required income needs their first year.

If you would like to find out more about joining the DMS Realtors® team, contact a DMS Realtors® Broker  to schedule an appointment. We would love the opportunity to sit down with you, answer any questions you may have, and see if a career in real-estate is a good fit for you!

back to top
 Copyright© 2005 Dressel, McCaw, Schultz, Inc. All rights reserved. Site design by Jon Johnston.