The real estate industry in the United States has been experiencing steady growth in recent years, with an increasing demand for homes, commercial spaces, and other types of properties. According to the National Association of Realtors (NAR), existing-home sales increased by 5.9% in 2020 despite the challenges posed by the COVID-19 pandemic.
Metropolitan areas with growing populations and robust economies often have more active real estate markets and a greater need for real estate professionals. However, it’s worth noting that real estate can be a cyclical industry, with ups and downs depending on a range of factors such as interest rates, housing supply and demand, and economic conditions. It’s always a good idea to research local market conditions before pursuing a career in the field.
In Massachusetts, becoming a real estate agent starts with completing 40 hours of pre-licensing education and passing the course final exam. The final step in the process is to pass the Massachusetts real estate exam, which you’ll need in order to get a real estate license. The state real estate exam is administered by PSI Exams.
Ready to take the first step? Enroll in the Conway School of Real Estate pre-Licensing salesperson class. Taught by real estate professionals with years of experience in the field, the Conway Real Estate School is authorized by the Board of Registration of Real Estate Brokers and Salespersons and will teach you all you need to know to pass the state licensing exam. Our instructors are practicing brokers and attorneys who draw on real-life situations to illustrate the material in a fast-paced learning environment.
The Conway School of Real Estate runs year-round, with our next class sessions starting February 28. We offer in-person and Zoom classes. Get all the details and enroll at Conway School of Real Estate.
Thinking about a career in real estate? Here are ten great reasons to become a real estate agent:
1. Greater Job Flexibility
As a real estate agent, you can create your own schedule. This flexibility can be especially helpful for parents, caregivers, or people who have other part-time jobs. You’ll need to commit to home showings and open houses, but a career as a real estate agent offers more flexibility than many other jobs.
2. Earning Potential
The more sales you make, the more money you can earn. While there’s no guarantee of success, many agents are able to earn a comfortable living in the industry.
3. Opportunity to Help Others
As a real estate agent, you have the chance to help people find their dream homes, investment properties, and commercial spaces. This can be a rewarding experience that allows you to make a positive impact on people’s lives.
4. Job Growth
Real estate is an industry that’s unlikely to be replaced by automation or outsourcing. People will always need homes and commercial spaces, and real estate agents will always be needed to help them navigate the buying and selling process. While many aspects of home buying and selling are now digital, these processes make the realtor’s job more efficient.
5. Professional Development Opportunities
There are many opportunities for real estate agents to continue their education and develop new skills, from attending industry conferences to taking continuing education courses. All Jack Conway agents go through our comprehensive onboarding program to gain proficiency in all of the technology tools we offer agents to build their business.
New associates at Jack Conway & Company may also attend the Conway College of Real Estate Knowledge (CCRK), an intensive program designed to enable them to list and sell real estate in a well-trained, highly professional manner. The course is offered on an ongoing basis throughout the year only to members of Jack Conway & Co., Inc.
6. Relationship Building
Real estate agents have the opportunity to build lasting relationships with their clients and colleagues, which can help them build a strong referral network and generate more business.
7. Variety
Real estate is a diverse industry that offers a wide range of opportunities, from residential sales to commercial leasing to property management.
8. A Sense of Achievement
Successfully closing a deal can be a great feeling, and real estate agents have the opportunity to experience that feeling on a regular basis.
9. Entrepreneurial Spirit
Real estate agents are often independent contractors, which means they have the opportunity to build their own businesses and be their own bosses.
10. A Dynamic Industry
Real estate is constantly evolving, with new technologies, trends, and regulations shaping the industry. For people who enjoy learning and adapting to change, real estate can be a stimulating and challenging career choice.