Where Can You Make The Most Money Selling Real Estate? Commercial? Residential? New Construction?

Have you been on the moon for the last 10 months? moving real estate in a basically no-consumer credit market, is pretty impossible. I would study commercial real estate for new energy companies: solar ,wind etc. Get down the current regulatory status and try to land a job somewhere with that in mind. When the market does get going again, I guarantee that there will be an enormous surplus of avialible real estate and agents :-<>

Commercial is very challenging to break in to, especially since you are new. It would be a good idea to learn the ropes in residential, then decide if commercial is for you.
Commercial specialists typically don’t close a lot of transactions, but when they do, the checks are typically very nice. And to do commercial, you would be well advised to make sure you have a strong mentor, these transactions can be very complicated.
I agree that this is a good time to get started, a lot of agents are hanging up their license and if you can make it now, you can make it in any market. It is a good time to learn when things are a bit slower.
Residential is mainly about who you know getting started, because that is where your initial business will come from.

Since you will be a new agent I suggest agent I suggest that you start out in residential real estate.
Contrary to popular belief now is the time to get into the real estate field. You will have to be prepared to sell immediately when the market shift. If you are not in the field then you will be behind the curve once activity pick up.
You need to find out your state’s requirements to become a real estate agent. Complete the requirements and secure your license. Then find yourself a broker that is willing to allow you to work in his/her brokerage firm as a rookie.
Now that you have your license it is very important for you to know that you are in business for yourself. You set your own hours as to when you show up for work and when you decide to leave work.
The most important thing you need to learn and do is market yourself so you might find clients that want to buy and list through you.
There are several marketing techniques that are in use today.
#1 There is telemarketing, but then there is the “Do not call list” So you have to be careful there and not make a mistake or you will be sued. Cost is $11,000 per call for you as well as your employer.
#3 Advertise in the local newspaper that you are now in the business of doing real estate
#4 You can direct mail to people in your city telling them you are in the real estate business.
I suggest you market yourself by leaving the office and spending time in a area that you want to work and get to know the people that could be your future clients.
Find an area in your city that you want to work approximately 5,000-10,000 houses. Make you enough flyers to cover your area. If you have children this will be a good weekend activity for them as well as yourself. While walking the area passing out your flyers, if you see someone out doing the lawn or just out introduce yourself, give them one of your cards. See if they are willing to give you their name and email address so you can email them, on a monthly basis, things about the real estate industry as well as your monthly newsletter. Place any information you collect in a data base that you should start.
Your flyer should tell them a little about you, the high school and college you attended, a little about your family # of children, husbands first name if you have a family yet, a few of the real estate programs that you will be offering and introducing. This is an introductory flyer that you can make on your computer. You can get them ran off at Staples or Office Depot.
You should pass these type flyers out at least 3 months in a row. This will let them know that you are sincere and look as if you will be there for them.
You should also visit the local commercial places in the same area. Find out if they will allow you to place a flyer holder in their business, give them one of your business cards, find out their
name, write it down you never want to forget it because they will become one of your partners. buy something even if you are gonna give it away and don’t need it. Do this to as many commercial businesses in the area as will allow you to place a flyer holder in their place of business. You will find the flyer holders at Staples or Office Depot..
Call the post office and inquire about their bulk mailing stamp. Get one and learn the system of bulk mailing.
Also call your title company and get them to provide you with the names of the people in your area that you have been passing out your flyer.
Remember your data base you were starting and now should have over a thousand names that you alone should have been able to get if you have been walking the area.
Once you have passed out the flyers for at least 3-4 months start you a newsletter covering topics on the real estate business. Get articles from your local newspaper as well as off the internet. Just remember to give credit to the author of the article. You might have a doctor, lawyer or some other professional to help you on your articles. Charge them for the articles, about 50% of the cost of the newsletter.
Now remember the businesses that you had your flyers in and you now know their names because you have been there to change your flyers about 2 times per month. Place your news letter in these businesses also.
The best thing about these businesses is now you want to see if they will advertise their business in your newsletter being sent to the local area in which their business is located. You should be able to charge them about $45.00 to $50.00 per business size card advertisement. Try and get them to place a coupon in the flyer offering some type of discount if the customer bring the coupon in to their store.
Now you will need a professional team to assist you in your business. You will need an attorney, a notary, a title rep, an insurance agent that sell homeowners insurance policies and a loan consultant. (If your real estate office have their own mortgage company you might not

go to one of the big real estate chains in your city and ask them what kind of program they have for person who want to become salesperson’s for example century 21 or Tarbell reality have great teaching programs for persons such as yourself. and which ever you decide they will know how to best market to your region.for me residential is best its a buyers market and everyone would rather own than rent. homes will always be the most and prestigious purchase and goal in one life.so residential will always be a good choice.