ON THIS EPISODE: Lauren Herskovic, a real estate broker at Moda Group in Chicago, discusses the intricacies of a career in real estate, including the differences between agents and brokers, the educational requirements, and the value that agents bring to clients in today's market. Lauren shares her experiences in building relationships with clients and other agents, and the importance of work-life balance in a demanding industry, the importance of delegation, navigating economic fluctuations, essential skills for success, common misconceptions, and advice for those looking to enter the field.
Hosted by Greg Zakowicz
Discover your career: http://www.UnboxingCareersPodcast.com -------------------------------------------------------WHAT WE DISCUSS: ★ Understanding the Role of a Real Estate Broker
★ Navigating the Real Estate Education Landscape
★ The Value of Real Estate Agents in Today's Market
★ Building Relationships in Real Estate
★ Transitioning to Real Estate from Other Careers
★ Work-Life Balance in Real Estate
★ Daily Life of a Real Estate Agent
★ Client Relationships and Personal Satisfaction
★ Favorite and Least Favorite Tasks in Real Estate
★ Navigating Economic Fluctuations
★ Essential Skills for Success in Real Estate
★ Misconceptions About the Real Estate Industry
★ Getting Started in Real Estate
★ Challenges and Rewards in Real Estate
------------------------------------------------------★★ CONNECT WITH LAUREN ★★ COMPASS: https://www.compass.com/agents/lauren-herskovic/
INSTAGRAM: https://www.instagram.com/lauren_loves_chicago/?hl=en
LINKEDIN: https://www.linkedin.com/in/laurensherskovic/★★ CONNECT WITH US ★★
WEBSITE: http://www.UnboxingCareersPodcast.com
INSTAGRAM: https://www.instagram.com/unboxingcareerspodcast/
📦 Special thanks to http://www.ThoughtfulCollection.com 📦
-------------------------------------------------------TAKEAWAYS:
★ Lauren emphasizes the importance of customer experience in real estate.
★ The role of a broker is often interchangeable with that of an agent in Chicago.
★ Real estate education varies by state, with Illinois requiring a 45-hour course and a challenging exam.
★ Networking with other agents is crucial for success in real estate.
★ Real estate offers flexibility, but agents must be proactive in setting boundaries.
★ The market dynamics have changed, making the role of an agent more valuable than ever.
★ Lauren's diverse career background contributes to her success in real estate.
★ Work-life balance is essential, but challenging to maintain in the industry.
★ Building relationships with clients can lead to long-term connections and satisfaction.
★ Daily tasks for agents can vary greatly, requiring adaptability and organization. There's a ton of paperwork in real estate.
★ You get paid when you close a deal, so financial planning is crucial.
★ Hiring a financial advisor can change your life.
★ Being organized and detail-oriented is essential for success.
★ You need to be self-motivated in this industry.
★ People skills are vital when working with clients.
★ Technology and AI can enhance your real estate business.
★ Financial literacy is important for young people entering the field.
★ Misconceptions about real estate include the idea that agents are overpaid.
★ The most rewarding part of real estate is helping clients find their dream homes.
