The path to a sucessful luxury realtor
As we all probably know, Luxury real estate is an extremely cliquey industry to break into and become successful in. It seems that most people who manage to break into the industry and become successful either have been extremely lucky and worked very hard or have utilised their family connections.
As a result of the industry being extremely cliquey, there doesn't seem to be that much info on a linear path to to breaking in, navigating the BS of the industry and eventually becoming a potential industry heavy-hitter.
If you could map out a specific path to maximise a 1st year university students ( with no family connections) chances in breaking in and achieving potential economic success ( 7 to 8 figure net worth), how would you advise them?
Not really the right place for this - this forum is more focused on commercial real estate.
Luxury residential brokers are all a networking game. It's who you know. If you don't have an existing rolodex then your best hope is hammering on the door of brokers that do a lot of luxury transactions, being hungry, and hoping they take you under their wing.
Maybe start by learning how to spell Realtor?
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Coming from a residential background before I entered commercial, I can chime in on a few steps you need to take to set yourself up for success:
There's much more to get into, but I'll leave you with this final thought: Why do you want to sell luxury real estate? Like most things, the payday is not enough reason and you likely will not succeed without a deeper level of interest, involvement and dedication.
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