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4 Career Aspects that Terrify New Real Estate Agents

By
Robert Rico
|
Oct 17, 2024
4 min
Learn More - Our ProgramEnroll Now
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Becoming a real estate agent is daunting. You have the onus of finding your own clients, negotiating with heated personalities, and handling confusing legal work. There’s plenty to fear.

How to be a successful real estate agent is dependent on how you overcome these common fears. When you find yourself avoiding responsibilities in your career, you could be putting them off because you’re fearful of tackling the challenge.

Finding how you can connect with a client or managing a heated negotiation isn’t easy. These are skills that you develop over time, and overcoming your fear of failure is a major part of getting better.

You might even find out that once you start breaking down these fears, they aren’t so scary after all.

Fear #1 Contracts, Paperwork, and Legal Documents

Residential purchase contracts, deeds, and leasing agreements—oh my!

These are just a few of the forms you’ll handle as an agent. At first they can sound intimidating, but the more you work with them, the less daunting they become. In fact, you’ll soon realize these documents are easier to master than you think.

Since the National Association of REALTORS® settlement, every REALTOR® representing buyers must secure a written buyer‑representation agreement before the first home tour (virtual or in person). The agreement must outline the services you’ll provide, its time frame, and—crucially—that your compensation is negotiable.

Before you dive into real estate, make sure you understand (or at least brush up on) the contract types you’ll encounter. Doing so will help you manage the paperwork smoothly when you’re handling real‑world transactions.

Fear #2 Talking to the Client

One of the biggest problems real estate agents face is talking to clients.

More real estate agents than you think to struggle with their fear of working with another person. They might think they’ll say something that ruins the client relationship.

These are the inner fears that creep up in most careers. The reason: being likable and professional is important to your success.

Exposing yourself to more professional interactions is the best way to overcome this fear. You will be surprised at the sight of your shy personality shift into a charismatic socialite. When you do, you’ll attract more leads and retain more clients.

Fear #3 Facing Rejection as a Real Estate Agent

The most popular fear that real estate agents (and most people) experience is rejection.

Prospecting and door-knocking make you vulnerable. You’re putting yourself out there and, more often than not, you’ll be rejected. There’s no way to avoid people turning down your services as a real estate agent.

When you experience rejection while prospecting or door knocking, remember they aren’t rejecting you: the person. They are expressing how they are not interested in your services. In other words, try not to take it personally!

Easier said than done, right?

Remind yourself that a “no” doesn’t mean the client is angry with you. There’s no animosity or hatred projected. They simply are not interested in working with a real estate agent.

And that’s okay! Every time you experience a “no” from a prospect, you’re one step closer to the one that will give you an excited “yes!”

The only way to overcome the fear of rejection is to expose yourself to rejection.

Fear #4 Becoming a Real Estate Agent from Another Career

Everyone wants job security, but that’s not always guaranteed in real estate.

Because agents work on commission, you may go months before seeing your first paycheck. That’s why it’s smart to secure another income stream before you jump in.

If you’re moving from a stable 9‑to‑5 into full‑time real estate, expect some long nights at first. To reduce financial stress, take small, intentional steps: keep a part‑time job, pick up weekend shifts, or complete your licensing classes online while you still have steady income.

Remember, today’s market is different. Thirty‑year fixed mortgage rates have hovered around 6.7 %, more than double the sub‑3 % rates of 2021, so buyers are extra payment‑sensitive. 

New agents who thrive now lean on AI‑powered CRMs and chatbots for low‑cost lead nurturing, and they use remote online notarization (RON) where it’s available to shave days off the closing timeline. Building these tools into your business plan can cushion the cash‑flow gap while you ramp up.

Final Thoughts on Real Estate Agent Fears

Most fears you experience as a real estate agent will dissipate with exposure. When you confront these fears head-on, you’ll realize they aren’t as scary as you think. And, when you do overcome these fears, you’ll find yourself excelling in your real estate career.

What’s a time when you overcame fear in your professional career?

Enroll NowGraphic showing discount are available for US Realty Training's real estate post-licensing courses.

TL;DR: Real estate agents face challenges such as managing contracts, overcoming fears of client interaction, and dealing with rejection, but these become easier with practice and exposure. Transitioning from another career can be financially stressful, so planning ahead with supplemental income and gradual steps is essential for success.

By
Robert Rico
|
Oct 17, 2024
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