If you’re a real estate agent, chances are you got your license to just do sales. Albeit, the real estate industry is very complex, and there’s so much more that you can do. Most agents don’t realize just how versatile having a real estate license can be. Real estate investing is an exciting, and rewarding, career path to follow.
Well, when’s the last time you got out of your comfort zone? If you’re not taking risks, you cannot grow as a person, or professionally. Chances are, you’re like most agents who are relying solely on residential deals to survive. With investing in real estate, you have the chance to build your wealth with residual income (and everyone loves passive income). Also, it’s not as difficult as you think it is.
You’re already half of the way there.
More often than not, real estate investors either started without a real estate license, or just don’t have one at all. Some even consider whether or not it’s worth their while to get a real estate license. Yet, licensed real estate agents like yourself have an advantage over investors who choose to not pursue a license. Why? For starters, you work in the industry first-hand. You already have an in-depth understanding of the ins and outs of the industry. Now, all you need is the proper training and guidance to start investing in real estate.
Join an Investor-Friendly Brokerage
A lot of major real estate brokerages are in the micromanaging culture. Consequently, they do not allow agents to have much wiggle room to expand their horizons. In this situation, it’s hard to figure out where to start asking for help and guidance. Boutique real estate brokerages may be the way to go when looking to dip your toes into investing in real estate. At NB Elite Realty, our niche is to introduce agents to the world of real estate investing, and to also teach them to be successful in it. Paired with our 100% commission split and low transaction fees, we make it easy for agents to save their money and put it back into real estate.
Start off Slow
When investing in real estate, you can either be considered a passive, or active investor. If you’re new to real estate investing, you will most likely be considered a passive investor. This is because your real estate investing activities are likely serving the purpose as an additional income. Being an active investor means you buy properties directly, and you have complete and personal control over the property. Don’t worry about not owning the entire monopoly board at the beginning – with time and practice you will get there.
NB Elite Realty
The best part about real estate investing is that you don’t have to give up sales. It is completely possible to do both! Like we said, it’s best to hang your license with a brokerage that encourages your success. NB Elite Realty is an “investor-friendly” brokerage. This means that not only do we invite all agent-investors to join our team, but we also want to encourage, educate, and inspire agents to invest their money into real estate.
Contact us today!