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What Does A Real Estate Agent Do?

The typical agent is consumed with worry about balancing their time to list/market homes, find buyers, maintain relationships with past clients, find new properties, and so much more. At Jeff Cook Real Estate, our agents are supported by our operations team and can focus fully on engaging with their clients. 

Real estate agents can wear multiple hats while working with families. Purchasing or selling a home can be an important moment in someone’s life. Agents have the chance to step in and problem-solve for their clients while keeping a positive approach. Clients expect their real estate agent to be knowledgeable about not only the buying/selling process, but also the surrounding community. 

An agent’s typical day will include phone calls and meetings with clients, showing homes, and negotiating contracts. Agents have the ability to create time for their own families as well! Here are some important things to consider before getting started on your career in real estate. 

Things To Consider Before Getting Started

1.) How much money should you save up before getting into real estate?

A career as a real estate agent is 100% commission, which means the amount you will need to save is determined by how fast you can begin selling homes. We find that on average, a new agent will need a couple of months of reserves saved before getting started. On average, a Jeff Cook Real Estate agent will close their first home (and get their first check!) almost 3 times faster than with another brokerage! View our 90 day success plan here!

2.) Have you considered a real estate sponsor?

A real estate agent's success is dependent on how quickly they can begin to fully focus on selling homes. If you don't have a couple of months in reserves saved up yet, consider finding a sponsor who can lend you cash while you embark on your real estate career. We have found that new agents who use a sponsor to support them while they get their start in real estate are able to achieve their goals without being concerned with money. 

3.) What is the cost of being an agent?

The cost of becoming an agent may seem expensive, but each of the following items is necessary to succeed in the market. You’ll need to prepare to pay for real estate school tuition, annual fees, MLS fees, typical brokerage fees, realtor designation fee, continued education and/or renewing your license regularly. One way Jeff Cook Real Estate helps alleviate this starting cost is through our Tuition Reimbursement Program. 

4.) How much can you expect to make?

The beauty of the real estate industry is the effort you put into your career can directly impact your income. On average, a Jeff Cook Real Estate agent is making from $75,000 - $150,000 each year! A typical real estate agent makes less than half compared to our agents and can only dream of that kind of income.

5.) Where will your business come from?

Joining a brokerage that provides referrals and leads is crucial to your real estate success. Your personal sphere of influence may not be ready to buy or sell yet, so we don't recommend relying solely on those contacts for your business. Jeff Cook Real Estate agents can select to have access to thousands of leads immediately upon becoming hired!

6.) Can you be part-time or full-time in real estate?

As a real estate agent, the effort you put into your career dictates the income you receive. Our agents have the ability to not only choose their schedule, but also the ability to choose the support needed to maintain a healthy work/life balance. Regardless if you choose to work part-time or full-time, with Jeff Cook Real Estate, we have the tools you need to be successful in real estate!

If you’re interested in learning more about how to get started, take a look at our 90 Day Success Plan! 

Apply Below!