Lack of specialized knowledge. If you want to become an economist, an architect, or an engineer where would you go to get the right education? COLLEGE. For how long? Four to Five Years. How much would you invest? At least $100,000. But if you want to become a real estate agent, where would you go?
Unrealistic Expectations: It is not that you can’t generate enough income in the first six months in your business. It is like any business, it takes a little time – time to learn, time to position yourself as the expert of choice, and time to get in front of enough leads.
1. PROPERTIES SOLD: Find an area where at least 80-90 properties sold in the last 12 months. (If your area has fewer than 80 properties sold in the last 12 months it means your area is not active enough and it doesn’t matter how good your marketing is – chances are you won’t get enough sales.)