One of the biggest – and most common – mistakes that Larry Weltman sees realtors making when they get into the real estate business is thinking it’s an easy way to score big commissions. The fact is, when realtors or entrepreneurs enter the real estate market with this frame of mind, it makes it that much more difficult for them to succeed over the long term.
An accountant by training, more than ten years ago Larry Weltman combined his expertise in accounting and finance with a keen interest and commitment to client service with AccessEasyFunds in Ontario, Canada. AccessEasyFunds provides real estate professionals advances on the commissions they earn as a way to help cover cash flow needs in between commission payments.
As a Client Service Representative at the company, Larry Weltman has a goal of providing realtors with as much information as possible on how advances on real estate commissions work and how they can be built into a successful real estate business plan. More broadly, having worked in the real estate industry for more than a decade, Weltman uses his years of experience with realtors to impart knowledge on the financial realities of working in the real estate market and how young real estate professional can succeed financially.
Ontario’s real estate market has been red hot for a prolonged period of time. What are the downsides to that when it comes to young real estate agents hoping to capitalize on the potential?( Read more...Collapse )