For those of you who put off earning your real estate license, one of the most common reasons is “What if I missed the ‘Good’ market?” There is an almost universal fear that becoming a real estate agent at the wrong time will mean you ca’t succeed.
I have two things to say to that:
1.) First of all, there is no “Good” or “Bad” time to get your real estate license. There are only “Motivated” and “Unmotivated” agents. If you have the rigt attitude, there are opportunities to succeed in even the worst markets.
2.) We are poised to see huge gains in the coming years. Check out this recent article from Realtor.org:
“Condos are regaining favor after a surge in rental demand pushed the U.S. apartment-vacancy rate to the lowest level in a decade, sending urban rents soaring, while the inventory of for-sale housing remains historically low,” Bloomberg reports.
“We’re in the very early stages of a long recovery in condos,” says Sam Khater, deputy chief economist for CoreLogic. “Now you’re seeing rental booming, but today’s renters are going to be tomorrow’s condo buyers.”
During the housing crisis, condo builders faced particular hardship as buyers canceled purchases once home prices began to fall. With condos, developers make a gamble by spending money to build the projects before deals are completed, which can make condos one of the riskiest forms of residential property, says real estate consultant John Burns.
If you are serious about succeeding in real estate, then get serious and get your real estate license online now. If you have the drive, the possibilities are endless!