THE GOOD SIDE
One of the best things about real estate is that you can easily invest in real estate without any effort. Also, it usually takes a short time to obtain relevant training and obtain licenses.
Second, once you invest in it, you can become the CEO, set the rules, and lead. You make a decision. If these privileges are used correctly with other business qualities (such as honesty), it will ultimately be successful and rewarded.
Third, you don’t get a limited payroll like working in a company. As a real estate agent, your income depends mostly on the time of your investment. To ensure that you get the most benefit from the industry, you can hire an assistant to simplify management. Also, you can establish your own brokerage company through legal procedures.
Fourth, the work involved in this industry is only manual or technical work. The schedule is very friendly because the daily work is mainly based on marketing and social activities.
Fifth is the pride that comes with the business. Real estate agents are advocates for sellers who want to sell houses at high prices. It feels good when you let your family find a suitable home or sell the house at a high price. For these reasons, real estate agents are always proud and motivated to do the right thing.
THE DIFFICULT SIDE
First, real estate is a huge investment; it requires a lot of resources, such as time and money. Remember, this is not always a smooth way, and success is not guaranteed. To meet the licensing requirements, you need to study real estate law, pass pre-licensing courses, and take difficult tests.
Second, as a self-sufficient worker, you must study the market and business. Customers expect you to meet and maintain their needs. Network relationships, marketing, and daily office management are all in your hands. It’s not an easy task.
Third, it usually takes some time to maintain stability in the market and win customers for yourself. In the beginning, your cash flow direction will disappear. You need some pocket money to keep you moving and waiting.
Fourth, you have to be available whenever a client needs your services, even when it may not be convenient for you. It means you would instead serve your client, then be on the beach or be with your loved ones. In any business, your customers’ needs come first.
Fifth, deals that are involved in real estate can be confused, especially to the consumer. It’s up to you to be sure of your skills and capacities when things don’t go as intended. You will undoubtedly be needed to make up for the clients when they are disappointed by your services.
Business involves risking resources and hoping that you would make a profit. Real estate is not so different. Despite the challenges, just like any other business, real estate is a great excellent career choice.