Industry News

Advice for the Rookie Realtor

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Dear Rookie, First tip: find a company that charges for E&O (errors & omission) insurance on a per-transaction basis. The company that I work for does that. It is much more palatable than paying for a year up front – and yes, subsidizing the agents that are doing those 50 deals a year! I'd also look for a firm that truly helps the rookie with everything from a first-time mailing to your farm, to postcards for your first listing. They are out there. Sounds more like you make an unfortunately poor choice of which agency to work for! Leslie L. D'Amato Century 21 Paradigm Dear Rookie, It's really unfortunate that the barrier to entry into real estate is so low that many obtain their license not realizing that this is a full-blown business. Your article rings true as far as entering into the industry with eyes wide open, and I would very much agree with your assessment as far as what it takes to get started. My advice to you would be to find a brokerage that charges you E&...