1) You get a lot of free time.
Biggest misconception – you are starting a personal business, and like all new businesses you spend 70-80 hours a week building your book of business.

The time you think will be free, evenings and weekends​​ will actually be spent with clients who have the same free time. So the sports your children might be in, dinners, vacations with family, these all become less available.

2) Real estate is easy

This has to be the biggest misconception
of them all.

There are so many rules, marketing, lead generation, client follow-up, sifting and sorting prospects, techniques, and negotiation skills that need to be mastered.

There is a reason 50% get out of real estate within the first 2 years, then 80% within the next 3 years

3) All your friends and family will hunt you down to help them buy or sell a house

Sadly most of your friends and family will shy away from you, or avoid the real estate questions altogether.

Until you earn the right to be told the truth, you will find out afterward someone has bought or sold a home. 

4) You make tons of money in real estate and there are no costs

Major misconception

Real estate costs money for marketing, education, memberships (NWMLS, Association of realtors, office fees, license fees, business cards, letterhead, signs, key boxes, marketing material, and websites).

The cost of meeting clients for showings, and open houses.