My First Year Earnings As a Real Estate Agent | How I Made Six Figures (Proof)
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- Опубліковано 16 гру 2021
- WELCOME BACK! Follow me on IG @Caden_Leno Please leave me a like right off the bat because this video took almost 10 hours to put together! Here is how you can make $100,000 your first year in real estate. Stay to the end of the video to hear step-by-step how I made six figures my first year in real estate.
In this video I talk to you about my first year earnings as a new real estate agent. I go in depth about how much I made my first year in real estate as a new agent, and show you the actual proof and numbers of my commission checks, and how you can be a successful real estate agent in 2022. This video also includes my advice to new real estate agents in 2021, and advice to new real estate agents in general. This is how I was successful my first year in real estate. If you follow my tips and tricks on being a new real estate agent I fully believe you too will find success in this business. If you're looking for a video to go in depth about how much real estate agents actually make then you're in the right place. This is how much you can make as a real estate agent. While it's not common that a new real estate agent makes six figures in their first year, I'm living proof its possible. Please leave me a comment down below on your favorite tip in the video and let me know if you're a broker yourself!
Follow me on Instagram: @Caden_Leno
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Crazy man. Rookie of the year no doubt.
Appreciate you bro!
Help me reach more people by smashing that like button! I appreciate every single one of you!
I love how humble you are! I hope I am just as good as you once I start my career.
Thank you Nansy! I'm sure you'll be great.
your situation resonates with me man. Just stumbled across your page because I am looking to get my license within the next two months, especially with a family coming I feel that make or break feeling more than ever now. You don't know this but this video might just be the reason I breakthrough because you gave me the confidence to say "wow this is legitimately possible" I thank you.
That means a lot to me man thank you! There’s so much possibility in this business and if you’re willing to put the work in you’ll see that first hand. Congrats on the new family member coming! Let me know how things go for you in your business when you get started.
How has your journey been so far??
subbed. this is impressive man. How did you hit all those sales as a first year agent? Any tips and did you work for a firm like century or remax? thanks!
Thank you man I appreciate the support! I plan to make a lot more videos in the future breaking down my tips but briefly I’d say with any company it’s super important to get to know the top producers in your brokerage and offer them your assistance. Show some houses for them. Hold their open houses. Get by their side so you can learn and potentially earn their trust in sharing some business with you. That’s the best place to start really with no out of pocket cost. Just your time.
thats huge man! congrats
Thank you!
You keep referring to your self as a broker. Is it different in Oregon? Or do you mean agent? Loved the video brother man!
I just subscribed. Love the content you're providing. I've got this big interest in becoming a real estate broker. How did you start?
I appreciate that a lot! I started by purchasing a fixer upper that I worked on for 6 months and sold for a big profit. Fell in love with real estate and a couple years later got my brokers license in Oregon. Now I'm a relator and investor and I literally could not ask for a better career!
congrats bro
Thank you drew!
So you have your broker license? Or a real estate license?
It’s essentially the same thing just a different word use. As a licensee we are real estate brokers but when you join a national realtors association which is required to practice selling real estate you become a realtor technically. So you’re a realtor/ broker in whatever state you become licensed with and once you join a realtor association. Hope that makes sense.
How do you know what brokerage is best? Are you doing a lot of interviews with each one or you calling them directly? Because a lot of them don’t publicize their commission splits or transaction fees.
I knew when I got licensed that Homesmart was a good option for me because I had worked with an agent from there previously. I love the 100% commission split. I would recommend finding a company that shares the same values that you do whether that’s the commission split or hustle you’re wanting to put in. You should definitely set up interviews with a few different brokerages to see what you like best!
Im currently taking the course to get my real estate license and I’m also very interested in to house flipping and home renovations, but have no experience, so I was thinking of working for a general contractor to get some hands on experience. When you first became an agent, were you still doing construction? If so how did you balance between the two?
@CadenLeno Yeah that's what I did I called 3-4 brokerages and most never answered I'm in Indiana but I shadowed an agent from KW realty. Once licensed I'm going in
So… are you a broker or a licensed sales person?
Did you start off with a team or alone ? Also did you pay for any training
I started off solo and no I didn't pay for any training!
You get your first sale off cold calling ?
@@demkape No, it was a referral!
so youre able to keep 100% bc you are a real estate broker?
I'm able to keep 100% because my specific brokerage HomeSmart Realty Group offers 100% commission to the broker. Other real estate brokerages often have a brokerage split of lets say 70/30. Where 70% the agent keeps, and 30% the brokerage keeps. That's why it's important to interview multiple brokerages and find the right fit for you!
@@CadenLeno hey I had a question about this but how much do you pay them per month in there monthly fee part ? Is it a lot or not much ? And do you get 100% comission from the very first house you sell?
@@lifeofrico at 2:15 I talk about how at HomeSmart your first 5 transactions with the brokerage you pay a 25% split but this is because they assign you a mentor which is another realtor thats been in the business for a long time that guides you through your first 5 deals. Which was worth every penny. After your 5 is done you start receiving 100% and pay a small fee per deal of $500-$750 depending on the size of the sale.
Hey what’s up, I’m 18 and currently getting my license in Toronto and my goal is to have a GCI of 500k. I’d love to connect with you!
Would love to connect man! Reach out on my instagram anytime. @CadenLeno
No disrespect and I’m not taking away anything from your success but if you’re a real estate agent in 2021 and you’re not making six figures salaries with the current housing market of that time in a smoking hot market then what the hell are you doing with yourself?
Real estate is an over saturated profession with 93% of people quitting within the first 5 years because it's so competitive. Real estate agents aren't salaried we're commissioned. Some people live in areas where the average house sells for 200k and their commission after their split and taxes is like $3k. I appreciate the hustle mindset but if you're reading this and you're a new agent not making 6 figures don't think twice about it. It'll come with time.