Jacques Poujade, a prolific real estate investor and entrepreneur, has amassed an incredible amount of money, social networks, and investment portfolio in less than a decade of business. When most people think about Jacques Poujade and many other incredibly successful real estate investors, they often think that these men always make big moves.
Jacques Poujade agrees that he certainly makes enormous real estate investment decisions, but the core of his business are the little things he does. He impresses the essence of teamwork, family, accountability, and honesty, and attention to detail, as some of the foundational factors to his success.
Did you begin your real estate career as a real estate agent?
Yes, I did. It was one of the cards I had when I first started. I could not afford some of the properties I loved; so, I started marketing them.
I took the time to learn the real estate business, traditional marketing, online marketing and how they are connected. The ability to earn a limitless amount of money is one of the most appealing aspects of being a real estate agent.
You may make as much as you want as an agent. This is because real estate brokers are paid on a commission basis. Usually, the agent receives 2.5 percent to 3% of the property’s sale price.
The commission might be large, depending on the local home market pricing. In places where the typical property price is $1,000,000, for example, the agent earns $25,000 to $30,000. Real estate agents choose how many customers to take on, determining how much money they may make every year.
Tell us about your lifestyle.
As a mortgage expert, I am always dealing with a lot of clients. Sometimes, 24 hours is not enough to accomplish all of the things I need to get done.
What I do is that I utilize my morning routine to set up my day for success. I also make sure to eat nourishing food and workout three to four times a week. Despite my busy schedule, I see to it that I take care of myself.
What’s the flexibility of being a real estate agent?
Real estate agents have complete control over their schedules. Because of this flexibility, agents can fit work around their lifestyle more easily than other professionals. Flexibility is a big feature of the job for agents with children.
Parents will be able to attend significant events and spend more time with their families. Agents can assist others in achieving their goals.
They assist sellers in obtaining the greatest potential price for their home and also assist them with the next stages of home development or remodeling. Working with house buyers and sellers is a gratifying experience.
Many of them are attempting to accomplish a significant life goal. People may take advantage of a plethora of options created by real estate agents and become homeowners. It’s heartwarming to see how grateful they are when they receive the keys to their first home.
Is there an easy entry into the real estate industry?
Yes, there is. If you have the capital, you can purchase a property and resell. With the ease of entry, many people think real estate is assured profit for entrepreneurs.
You can also become a real estate agent and run your business; although you must operate under the supervision of a broker to lawfully sell real estate properties. Agents have complete control over their schedules, who customers they deal with, and how much time they work.
What are the things a potential real estate entrepreneur must consider before settling into the industry
- Discipline: Learn the business thoroughly.
- Financial discipline
- Accountability: Be honest. When you develop a reputation for honesty, people will trust you easily and refer you to their clients and family members.
- Online marketing: Buid a website; write frequent blogs (if you intend to run a real estate agency).
What are your final thoughts?
Real estate is a people industry, and agents and investors who like collaborating with others perform at their highest level.