Tuesday, December 4, 2007

Real Estate Agent?

Hello again,

Well I met with the Real Estate Broker today and was pretty impressed with the gentleman.

He's been in the business for 52 years, his wife has been in the business for 38 years. They really seem to know what they are doing and do things right. He talked alot about the customer and fulfilling their needs and servicing them properly and repeat business and telling them if they aren't making a wise long-term decision. Not about profit, the size of the comission, how much he makes, etc....

He has agreed to personally mentor me and share with me his knowledge and experience. He is specializing in developing relationships, intimate knowledge of a particular market, turning customers into lifelong friends and most definitely not about squeezing every single penny out of every single deal not matter who it hurts along the way.

He does not charge mentorship fees, or marketing fees, office space rental or any of the other nickle and dime kind of crap I have heard about from other agents.

I was very impressed. I still have to talk with my wife and see how she feels about the whole thing and see if I can get unemployment to pay for the mandatory 75 hour class I have to take before I sit for the state exam. Even if they don't, it's only $395 so it won't bust the bank so to speak.

I must also talk to somebody at unemployment about the checks. 1 of the questions I have to answer each week is if I have accepted any commissions from work I did. Something about how it is worded or something I read somewhere makes me think I can possibly keep getting my unemployment checks even after I start working as a licensed real estate until it runs out or until I start getting commissions. But like I said, I don't know I have to find out.

I haven't committed to anything yet and am still not 100% sold on the idea but I do like the idea and think I could/would be very good at it.

I am going to the NJ SEA orientation meeting tomorrow and will see what they have to say about starting a business.

Until next time....

Eric

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