Have you been listening to people telling you to stay clear of the real estate industry? Are they providing you a better alternative to the world’s best source to wealth? Of course not! It’s true that the real estate market isn’t what it used to be, but it is still thriving and Realtors are making just as much money as they were before the economy took a nose dive, and others are raking in even more money. This is one of the best opportunities ever to take the steps to get your real estate license.

Two of the best opportunities have presented themselves as a result of this economic downturn. The first is that more homes are available on the market. This has produced not only a greater selection for buyers, but with it lowers prices, tax credits, and other great incentives! There are homes that across the country that are being bought for as low as .25 cents on the dollar or less. But wait it gets even better than that. The interest rates are at an all time low, so buyers can buy more house for less. Additionally, with some of the tightening of lending practices Realtors can now work with the most qualified buyers.

With the influx of housing inventory, priced below previous market values, investors and savvy business people are coming out of the bushes to snatch up these cheap properties. This is so exciting for the well positioned real estate agent because these people aren’t buying just one house every 5-10 years. They are purchasing 3-5 houses per quarter. Once the market starts to climb, they list them and make the sale for considerably more than purchase price without doing any work. But guess what, these real estate investors need agents to assist them with the purchase process because, you guessed it, in order to buy and sell real estate you have to have a real estate license. So this is where you come in.

The good news in all this is…due to the economic recession, lots of agents have exited the real estate industry. The National Association of Realtors won’t publish its membership loss, but real estate boards across the country are reporting up to 50% loss in members. With an aging work force and fewer people entering into the real estate profession, it means less competition for you. Less competition and consistent sales can translate into high income!

Just to bring the point home, A friend of mine who is a real estate agent sold 7 homes last month while on vacation in South America by using his lap top and cell phone. So not only did he pay for his vacation for him and his family, but he pulled in a big profit as well. So when I tell you that the there is a ton of money to be made in the real estate industry right now, please believe that  it’s out there for the taking.

Now even though what I’ve stated above may sound great, please don’t be mislead into believing that the real estate industry is easy, lucrative, and fun, because it is not. The truth is that at times it can be overwhelming, exhausting, and challenging. However, if you are willing to get your real estate license, show up do the work, put in systems, it will pay off tenfold.  Did I answer why you should get a real estate license?  Then do yourself  a huge favor, get started on your real estate license requirements today.