Anyone considering a career as a real estate agent is looking at the commission they can earn with each property sold successfully. What you may not realize is that it’s not smooth sailing from the moment you decided you will sell properties for a living.
There are several hurdles that may keep you from your commission, but if you do your job diligently and ethically, you will not run into serious problems. Let these reminders from Hoffner Firm, Ltd help you get your career started on the right track:
1. Take a licensure exam
Anyone can sell houses privately, but that’s not what being a real estate agent is about. To be taken seriously and to get all the affiliations that will help you do your job better and in a professional manner, you need to be licensed.
Of course, this means you’ll need to do a bit of studying, but what career doesn’t require that you have enough knowledge of the field? As a budding real estate agent, you want to even out the playing field with nothing holding back potential clients from choosing you to help them.
You don’t want to be your own enemy, too. When you’re not licensed but everyone is, you will not feel like their equal despite having the same skills. Plus, you will find legal employment hard to come by
A real estate agent must be employed under a broker, but finding employment will be hard if you don’t have the license to back up your skills. It’s really best to do everything legally and professionally to eliminate all doubt about your capabilities.
2. Protect your license.
You worked hard to earn that real estate license, and it’s been helping tremendously with getting clients. You’ve even gotten yourself a job at a real estate firm where you and many others compete to get the most commission per cut-off.
It doesn’t seem like anything could go wrong, and you can earn thousands of dollars by being a clever and witty agent. Just make sure everything you’re doing abides by the laws, as you don’t want that license revoked.
Yes, that can happen if you are accused of misconduct on the job. You may think your job is not comparable to that of a doctor or lawyer because their mistakes may endanger lives, but so could yours.
Any regulated industry must be held to high standards; otherwise, what would be the use of having a license? Should you find yourself accused of misconduct, find a real estate license attorney in Minnesota, or wherever you practice, to help prove that you have not done what you are accused of.
Even if there is doubt about your innocence, a lawyer may help minimize the penalty so that you don’t have to lose your license altogether, even if you do have to pay for a fine. Still, it would be best if you avoid being involved in any mess at all.
Your job has certain requirements that are not meant to limit you. Rather, they are there to help you perform at your best, so always keep them in mind.