Disadvantages of a Career in Real Estate
Start-up Investment
Establishing yourself as a professional Realtor requires an investment in yourself. While your initial investment is far less expensive than paying for even one year at college, you must be able to pay for real estate school, obtain a license, pay professional and association fees, and fund yourself while getting up and running.
No Regular Pay Check
As an independent business person, your income is dependent upon attracting new clients and fulfilling their home buying or home selling needs.
Weekends and Evenings
A professional Realtor must be available when clients are. Just having a license is not enough to earn a good living. You must be available and have persistence, patience, and consistency to be successful.
Responsible for Own Expenses
As a professional Realtor, you are responsible for your own individual business expenses including your auto, office supplies, training, and health insurance.