3 Biggest Real Estate Myths—Debunked

If you’re considering a career in the real estate industry, ample preparation is necessary. This goes beyond just attending training and obtaining your license, however. You need to enter the scene with the right mindset, away from preconceived notions. Your idea of the career will likely be a little skewed, particularly due to the mainstream portrayal of real estate agents.

It’s important to remember that the real estate world is a business landscape—one that honors the collaborative, determined, and passionate. It’s also important to remember that it’s not all about money. Here, you need to build connections with clients and put their needs above yours.

A little confusion may be setting right now, but we’re here to help you rid of the most prevalent real estate myths:

Myth #1: Aggression is necessary

Most mainstream contents depict real estate professionals as aggressive and cutthroat—willing to deal, like, and cheat to get ahead of everyone else. Narratives suggest that such an aggressive personality is the only key to success, but the true real estate agents know that this formula is bound to fail.

Traces of healthy competition is always necessary, as this helps the best of agents keep up with changing trends and gain access to industry insights. Genuine respect is necessary for the game, however, especially since the best real estate companies understand the value of collaboration and teamwork.

Myth #2: It’s all about closing sales and making money

The monetary compensation in the real estate industry is undeniable. True success as a real estate agent is all about building good relationships, however, particularly when it comes to their client pools. The best in the industry understand that committing to their client’s best interests is what helps them learn and be more.

That said, it’s not all about closing deals. You’re tasked to guide and advise accordingly, especially when it comes to purchasing properties. Anything that could potentially harm your client’s interests, for instance, must be taken to heart. Advising them against it not only ensures your reputation and credibility, but you also let them know that you care enough to point them towards the right direction—and not just be there for the commission.

Myth #3: Real estate is easy

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You don’t need a university degree to become a real estate agent. It’s a career essentially open to anyone who wishes to pursue the role, especially since training is already provided from the ground up. You can take licensure exams once you’re ready. You can take even more exams and training if you wish to move up, making it an accessible career path.

Unfortunately, such accessibility doesn’t mean anyone can do it. Not everyone can become a real estate agent. It takes sheer drive and motivation to succeed, along with a profound love for the business. If you’re only interested in the money, you’ll quickly fall and crash completely. When it comes to success, the ultimate price of hard work must always be paid.

The Bottom Line

Although it may seem like the ultimate dream job (and it is!), joining the real estate world entails more than just the dream to succeed and early financial success. It takes dedication and hard work, which has already been obscured due to the countless myths and misconceptions surrounding the career. If you want to become a real estate agent, make sure you keep this guide in mind—you’ll need it!

For the best real estate jobs in Lapeer, Smith Street Homes has you covered. We’re currently building our dream real estate team, open to aspiring passionate professionals. Apply today!