Posted by: Kaplan Real Estate Education
Updated: November 21, 2019
Every year, like many Americans, you probably approach the New Year with a handful of goals in mind: eating better, losing weight, quitting a bad habit, taking up a healthy habit, or generally improving your quality of life by making a drastic and (hopefully) lasting change. Unfortunately, most of those resolutions start with good intentions and fade away when the reality and demands of our daily routine creep back into our lives.
If you’ve long-considered starting a career in real estate, 2020 might be the perfect time to dedicate yourself to a resolution that can have a strong and lasting impact on your career satisfaction, financial independence, and overall happiness for the rest of your professional life.
Here are 7 reasons to make and keep a New Year’s resolution to start your real estate career in the new year.
1. The employment outlook for real estate agents is on the rise.
According to the U.S. Department of Labor’s Bureau of Labor Statistics, employment of real estate brokers and sales agents is projected to grow 6 percent between 2016 and 2026. The recent recession drove many older, established agents out of the business. Now, as the housing market continues to recover in leaps and bounds, opportunities exist to stake a claim as a leader in your local real estate market. Wondering how? Here are five ways to make it.
2. Real estate careers reward tenacity and commitment.
The most successful real estate agents weren’t great the day they were licensed. They likely struggled for a while, but dedicated themselves to being exceptional. They became students of the business, as well as their local markets. Nobody said being a great real estate agent is easy. But if you are the kind of person who values hard work and cares deeply about doing a great job, a real estate career can be incredibly rewarding. (In fact, dedication is one of the top 10 qualities of successful agents.) People often become disenfranchised with their 9-to-5 jobs because no matter how hard they work, they’re not being recognized or rewarded for it. As a real estate agent, you’ll be working for commission…you will control your own destiny. The hard work you put in will be directly reflected in your bottom line.
3. “Real Estate Agent” was named as one of the top 20 business jobs of 2018.
U.S. News & World Report ranked “Real Estate Agent” as the 5th best sales and marketing job in the U.S. in 2018, citing above average opportunities for upward mobility and flexibility.
4. You can get licensed quickly and relatively affordably.
Unlike a four-year degree, real estate licensing education can usually be completed in a matter of months, and there are fewer requirements for becoming licensed than many other professions. Education and exam fees are also considerably lower than the investment required to attend a traditional two- or four-year school. It's among the quickest and most affordable professional careers to pursue.
5. You’ll make a tangible difference in people’s lives.
Real estate is an incredibly rewarding field. Buying a home is typically the single largest financial decision most people will ever make. Real estate agents play a direct role in helping clients navigate the sometimes overwhelming process of finding the perfect home to fit their needs. A great real estate agent plays the role of counselor, friend, activist, and mentor all throughout the course of a single purchase.
6. Real estate agents are happier than you.
That’s right. A 2016 survey conducted by TINYpulse found that real estate agents were the second happiest group of professionals of the thirteen groups they surveyed. If your current career has you feeling frustrated, defeated, or unhappy, making the move to a real estate career could have a major positive impact on your emotional health in 2020.
7. Starting your real estate career is a life-changing resolution.
Imagine December 31, 2020. You’ll once again be reflecting on the year behind you, and you’ll be planning for the year ahead. How good would it feel to know that 2020 was the year you stopped talking about making a career change and actually did it? How good would it feel to know you were starting the next year in a position to build upon your established real estate business, instead of going back to work for someone else? You can have that feeling every year, but it’s up to you to make the move.
A career in real estate isn’t for everyone. It’s not a get-rich-quick scheme, like television might have you believe. Many people who start a career in real estate aren’t prepared for the work and dedication it takes to stay in the business and be successful. But if you’ve been giving serious consideration to earning your license, and you’re ready to put your own work ethic to work for you, pursuing a real estate career could be the best move you make in 2020.
Make your New Year's resolution today. Visit our homepage and select your state to view available courses.