Leaving the Military

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NAVYSKINSFAN
09-14-2006, 07:57 AM
So after seven years I am thinking of leaving the Navy. I had a good run, hell I made E-6 in six years and everything is good. I have wanted to be in real estate for a long time now, and I think I am going to finialy persue that dream.

Does anyone here currently work as a real estate agent? If so what can you tell me about it. I have a friend who got out about three years ago and did it. I'm going to meet with him next week. Let me know what u folks think.

FRPLG
09-14-2006, 08:15 AM
It will be a little tougher time now than it was for your friend since the market has cooled pretty substantially. If you are thinking of being an agent then it is good to know that there are a lot of agents out there now what with the real estate boom of the last decade. Most of them just aren't very good since it didn't require a lot of quality work to make money. Now those are the ones who are going to struggle. If you work hard and do a good job you can make good money in real estate as an agent.

As an investor you just need to make good decisions. Don't get into something without knowing the market.

That Guy
09-14-2006, 09:46 AM
at the re-max office where my mom works a lot of agents have quit over the last year or so cause the market's a lot softer now.

It may be different in your area, but i sorta doubt it.

ArtMonkDrillz
09-14-2006, 09:57 AM
at the re-max office where my mom works a lot of agents have quit over the last year or so cause the market's a lot softer now.

It may be different in your area, but i sorta doubt it.
My dad builds houses and his company has been letting a lot of the younger/newer people go over the past few months because of how slow the markets is in MoCo and PG County.

724Skinsfan
09-14-2006, 10:06 AM
To get started off you will definitely want to bank on friends and family. Getting very active in the social scene is a good bet as well. Let everyone know who you are and what you do as often as possible. Go to church and attend your kids (if you have any) schools functions. Network, network, network!

I took the Virginia state and the national test and passd the first time. It's not hard if you have a good grasp of ethics. I chose not to take up real estate though after the onclusion of 3 or 4 interviews. A little too greasy for me but a lot of my friends have enjoyed lucrative success from it. Also, you amy want to consider getting into mortgage lending. Sort of the same thing but their reputation isn't quite as tarnished as a realtors, yet.

onlydarksets
09-14-2006, 10:11 AM
What market are you considering?

That Guy
09-14-2006, 10:41 AM
To get started off you will definitely want to bank on friends and family. Getting very active in the social scene is a good bet as well. Let everyone know who you are and what you do as often as possible. Go to church and attend your kids (if you have any) schools functions. Network, network, network!

I took the Virginia state and the national test and passd the first time. It's not hard if you have a good grasp of ethics. I chose not to take up real estate though after the onclusion of 3 or 4 interviews. A little too greasy for me but a lot of my friends have enjoyed lucrative success from it. Also, you amy want to consider getting into mortgage lending. Sort of the same thing but their reputation isn't quite as tarnished as a realtors, yet.

dunno why you think realtors or the buiness is slimy. I've seen nothing like that... though every now and then you will get someone who's a bit nuts.

FRPLG
09-14-2006, 11:00 AM
dunno why you think realtors or the buiness is slimy. I've seen nothing like that... though every now and then you will get someone who's a bit nuts.
Yeah most I have dealth with have been decent. I didn't know there was a vast dislike of realtors. What about them and it is slimy?

onlydarksets
09-14-2006, 11:19 AM
In my area (NoVa), it's not the slimy agents so much as it is the lazy agents. As someone else mentioned, half these people were just riding the boom and had no clue what they were doing.

saden1
09-14-2006, 11:26 AM
Real estate is tough business but if you've learned some skills in the Navy you should have no problem pursuing other avenues if it doesn't work out.

I have a friend who had similar story. He was a Marine, got out after seven years, went to school and got a computer science degree, and now he heads a small group of people at the Navel Research Facility. Needless to say, he owns three homes, rents out two and occupies the other. That's as far as he dabbled into real estate.

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