Renewing My Real Estate License

We’ve all heard statistics about certain businesses, like 50% of restaurants will fail. These statistics are something you look at going in to things, in order to asses how much work it will take to succeed. Well, real estate is no different.

80% of newly licensed agents will never renew their license after TWO years!

Now that is a huge rate of failure! Only 20% of licensees move on to year three of their real estate career. That means the job of a real estate agent isn’t for the faint of heart and that succeeding means working really hard!

All of that is true. The last two years have been a lot of work. Not only the work of real estate but the work of improving and motivating myself to keep going. Even with my parent’s established team and systems, real estate was hard! It still is!

What they don’t tell you, is that the job isn’t about selling homes, it’s about successfully dealing with people of all different personalities and ushering them to a closed deal. It’s about being so self confident that you can handle rejection, stress, lost deals, no clients, and still keep going! It also has a lot to do with asking for business, something very uncomfortable. All of that, is why so many don’t succeed or quit right before a breakthrough is about to happen. It’s hard work!

So that is why I am celebrating this big win! I’ve made it to year three!!!

Selling Your Home in a Housing Shortage

We've all heard the news about how there isn't enough homes on the market to keep up with the demand of homebuyers. So you may be hesitating if you're thinking of selling your home, it may seem like there's nothing out there to move to. However, I can solve that problem for you!

1. Make a Plan: You've decided that you want to move. Now, before you put your home on the market, make sure you make a plan with your REALTOR®. Find the area and type of home you want to buy and get an idea of what's on the market. Once you have an idea of the market, then you and your real estate agent will put the plan into action.
2. Watch the Market: Once your home is for sale, keep an eye on the homes you like, and any new homes that come on the market. Don't get attached, just watch the market. Once you get a contract on your home, it's time to tour homes to buy!
3. Make an Offer: When the house you are selling has a contract on it and your are touring homes. It is time to make an offer! The key is to have a couple of homes you love, so you can put in a few offers. If you like 80% of the house, go for it!  
4. Stay Patient: Your main job is to stay patient, not only with the showings happening at your home but with your own home search. It's going to be a hectic period of time but your REALTOR® should make it as smooth as possible. If they are experienced, this type of transaction shouldn't be hard for them at all. They should be able to line up all the dominos, so that they fall into place perfectly for you!

Now that you have a better idea of how the process would work, you shouldn't hesitate to sell your home in today's market. Home values are rising, so making a move now could be a win-win for you, sell your home for a good price and move-up before prices are even higher. 

Make sure your REALTOR® is experienced and does a good amount of business, every year. The more transactions they have been a part of the easier it will be for you. Plus you'll have a good negotiator on your side for both transactions, helping you maximize your value and close on time.