There is no better business to be in then real estate.  Even when the market is down, you can still be out there making deals and finding ways to help people get into a home.  Before you can start rocking and rolling in this market however, you will need to take and pass the psi exam in Nevada.  When you take this exam, you will be on your way to becoming licensed to buy and sell real estate.

Know your locations

You need to know locations.  You need to know what will be good locations and what will be bad.  You will want to determine if you want to be in residential real estate or if you want to be in commercial.  When working in either of these, you will need to have the same set of skills and be able to work and close deals.  The better you are at this, the more money you will make.

Become a people person

Real estate isn’t about the buildings or the land, it is all about people.  You need to know that people are buying a dream or vision for their future.  With that being said, they don’t want to be sold to, they want to feel they are making the right choice.  If they feel that they are getting into something that is over their head, then they will have buyer’s remorse or want to get out of the deal before signing.

Plan for the future

In real estate you are going to have good times and you are going to have bad.  It is up to you to determine which is which.  What this means is that you need to plan for the future and make sure that you have what you need at all times.  If you know the market, know the people and can really manage your money, you will always be on top of your game and making deals that will propel you into the future.

Read More »