What A Realtor At EXP Realty Wishes They Had Known Before Entering The Real Estate Industry
Silvia wishes that before entering the real estate industry, they would have spent time working with a top producer to learn how they structured and organized their business, even if it meant taking a lower-paying internship, as there were "shortcuts" they could have learned that took years to figure out on their own without a mentor. Although Silvia made good money initially, having a top producer show them the ropes would have been invaluable in the long run.
Mentorship, Industry Insights, Career Strategies, Real Estate, Business Operations
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Silvia Damen
Realtor / Investor / Advisor
EXP Realty / Golden Gate Investments
UC Berkeley
UCLA - MBA
Economics, Political Science, American Studies
Finance (Banking, Fintech, Investing), Real Estate
Real Estate
Scholarship Recipient, Pell Grant Recipient, First Generation College Student
Video Highlights
1. The value of mentorship: Silvia wishes she had spent time working with a top producer to learn the ropes and avoid taking unnecessary detours in her career.
2. Experience trumps formal education: Despite having an MBA, Silvia recognizes that practical experience and learning from successful individuals in the field would have been invaluable.
3. Time-saving strategies: Silvia acknowledges that she could have learned shortcuts and efficient business practices by observing and working with a top producer, ultimately saving her time and effort in the long run.
Transcript
What have you learned about this role that you wish someone had told you before you entered the industry?
I wish I had spent a year working with a top producer, observing how they structured, organized, and ran their business. I was already 35 when I started and had an MBA, so I believed I could do anything.
I didn't think I needed to spend a year as an intern, especially since they paid about $20 an hour, which I didn't want to do at the time. But I believe I would have learned a lot by working at least six months or a year under a top producer to see how they managed things.
I ended up not needing to make only $20 an hour in my first year; I made a lot of money. However, there were many shortcuts I could have taken that took me years to figure out.
I wish I had had a mentor to help guide me.