With so many real estate investing scams out there, how do you know when to turn to a real estate coach? If you are considering entering the property market you need to ask yourself: Is it really worth it? The first thing you should ask yourself is whether you really have what it takes to become successful in this business. Are you motivated enough? Do you have the right attitude and do you have what it takes to succeed in property investing?.
A lot of people who enter the real estate investing industry are driven by the idea of making a lot of money fast and without any effort. However, with 87% of all new real estate agents floundering in the first five years it s very hard to earn that much money without a lot of work. And, when you begin to notice some success, keeping that momentum is next to impossible. This is where a simple Swot analysis can help you as you seek out the right coach.
A good real estate coaching program will take you through step by step a process that many real estate agents have used successfully before you and simplify it for you so that you can use it yourself. An example might be: You can analyze your competition and see if they are using the most effective marketing tools and strategies. You can compare your own marketing tactics to theirs and find out what works for you and what does not.