As a licensed Realtor in the state of Pennsylvania, I can honestly say it was one of the best decisions I have made in my life but it has it’s pros and cons. As long as you work hard, stay persistent, and invest your money. You will prosper in this industry.
Pro: Getting to organize your own schedule, allowing it to work efficiently for you and your clients. Autonomy equals freedom.
Con: You’re not going to work fewer hours, but you get to organize your own schedule to make it work for you and your clients. Set my own schedule? Sounds fun, but easier said than done. Turns out it’s much easier to hit the snooze button (I know because I snooze my way through life) than it is to wake up and make phone calls, create marketing and do pricing analyses etc.
Pro: Your income cap is virtually limitless. The best part about earning income as a Realtor is that you get out what you put in. Your first fat check will have you feeling mad rich.
Cons: Steady income? Maybe, but cash flow can also be unpredictable as well! You can be waiting for a while or bathing in money showers. But while you're soaking, track those expenses, setup retirement plans, health insurance etc!
Pro: You have to deal with a lot of personalities and it’s an emotional business. But with emotions here comes decisions. Maneuver, reassure and conquer. You will rise above the majority in this industry and stick out as a true expert.
Con: Congrats you’re a Psychologist now. You’ll interact with different personalities, including clients and realtors which can be challenging. If you don’t like confrontation and can’t keep a level head, I'll keep you in my prayers.
Pros: “I have never seen a ceiling in my whole life.” Climbing the corporate ladder isn’t fun, so be your own boss! You’ll be amazed at what you can do for yourself growing a business as a realtor and building your own brand.
Cons: Hurray! You’re at the top! Where do you go from there? That decision is up to you. There are no career advancement opportunities, just the ones you make. Make your coins, invest, and stay disciplined as you pave your way towards financial freedom!
In conclusion, as a realtor this profession can be very beneficial and rewarding but,also just as challenging and demanding. Helping others achieve a major goal in their life is fuel to the fire. Once you experience pure gratitude from others because of the help you provided them, all the hard work, mood swings, and long nights becomes worth it. You become essential to many people's lives, while reaping the benefits of your hard earned cash and investing it to prevail even further.