By John Pullega
2-10 Writer & Home Warranty Advocate
Updated February 27, 2024
Published April 24, 2018
Sometimes, working with buyers and sellers can feel a lot like parenting your children. In fact, being a mom and being a real estate agent share some striking similarities.
If you’re a mom thinking about a career in real estate, or a mom who already has an established career in real estate, get ready to be inspired — here’s why moms are some of the best real estate agents around.
Moms know how to multitask
Multitasking is a must-have skill for parents and real estate agents, and having the ability to focus on several things at once is a critical asset for both roles.
With kids, getting them out the door and on the bus to school can be a daily juggling battle. You have to get them dressed, put breakfast on the table, make sure they have everything needed for the day and so much more. And, all of that happens before you’ve even had a chance to finish a cup of coffee.
As a real estate agent, you might be juggling last minute lender demands, an expedited closing schedule and client requests at the same time… and from multiple deals, to make things even more interesting. If you’re a mom, packing these to-dos into a single day almost feels natural.
Moms expertly roll with the punches
It’s unpredictable, you never know what the day will bring, and no two days are ever the same.
That statement easily applies to motherhood and to real estate careers. As a mom, you know how important it is to adapt to situations as they change (and things always seem to change). This ability to be flexible is priceless in real estate, too.
Moms are patient and empathetic caregivers
Caring for real estate clients is surprisingly similar to caring for children, and this type of care and concern comes naturally to moms. You’ll develop emotional connections with buyers and sellers, and they’ll trust in your professional expertise as they make life-changing decisions about purchasing and selling their homes. Helping clients navigate this process successfully requires hearty amounts of empathy, patience and genuine concern. These characteristics are even more important when clients (and children) are driving you nuts.
In some ways, helping real estate clients is very similar to helping your kids navigate the ups and downs of growing up. Emotions run rampant, but it’s important to have a patient, nurturing figure to keep things calm and under control at home, at the office and everywhere else these two fast-paced roles will take you.
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FAQs
Moms know how to multitask
Multitasking is a must-have skill for parents and real estate agents, and having the ability to focus on several things at once is a critical asset for both roles. With kids, getting them out the door and on the bus to school can be a daily juggling battle.
What is an agent's responsibility to their clients regarding home warranties? ›
As an agent, you'll be expected to educate the buyer on home warranties. It is important that the buyer understand what three things? As an agent, your client will look to you for your opinions all throughout a real estate transaction. They'll likely ask you which home warranty provider you would recommend.
Why do real estate agents want to sell your house quicker than they d sell their own at an average of 10 days quicker? ›
Answer and Explanation:
Since the real estate agent's performance is measured both by the selling price and the length of the time it took him or her to sell the property, thus, the agent has an incentive to undersell for a quick sale.
When real estate agents sell their own rather than clients houses? ›
When real estate agents sell their own, rather than clients', houses, they leave the houses on the market for a longer time (10 days longer on average) and wind up with better prices.
What do realtors struggle with the most? ›
Here are five of the biggest challenges real estate agents encounter on their road to success – and how to overcome them.
- Market Fluctuations. Nothing stays the same in real estate. ...
- Fierce Competition. ...
- Long Hours. ...
- Time Management.
The lack of experience among some realtors contributes significantly to the negative reputation. Clients who encounter agents with limited expertise might face inadequate guidance, incorrect information, and ineffective negotiation skills. This lack of proficiency tarnishes the overall perception of the profession.
Why would a seller offer a home warranty? ›
A seller would offer a home warranty to make their home more desirable to prospective buyers. A home with a warranty is more likely to sell quickly as the home warranty protection gives the buyer more confidence and peace of mind with their purchase. Some warranties provide buyers more coverage than a seller on items.
What does it mean when a buyer asks for a home warranty? ›
A home buyer's warranty offers a buyer protection against the failure of a house's appliances and important systems like HVAC and plumbing. Unlike homeowners insurance, a home buyer's warranty can cover wear and tear and normal failure without the need for an unforeseen event like a natural disaster.
What is the warranty clause in real estate? ›
A warranty clause guarantees that the seller will provide you with certain documents and assurances regarding the property. For example, the seller may warrant that the property is free of liens, encumbrances, easem*nts, or other restrictions that may affect your ownership or use of the property.
How long do most houses take to sell? ›
On average, it takes 30 to 90 days to sell a home. However, timelines vary depending on your local market dynamics, home type and more. Home buyers can ask their real estate agent for insights on how quickly homes are moving or refer to websites for region-specific information.
As a general rule, real estate agents frown on buyers having face time with sellers because things can go wrong. A whole lot of things, in fact. Even seemingly innocent comments could land buyers or sellers in hot water—and jeopardize the entire real estate deal.
What is the secret to a fast sale of a property real estate? ›
One of the most effective ways to sell your home fast is to price it competitively. If you price it too high, you detract prospective buyers and price out potential bidders. In addition, it may take longer to settle the negotiation process if prospective buyers want your price to come down.
Why are some realtors better than others? ›
Communication and marketing are THE most important aspects of this job. Time management is another thing that will separate your great agents from your average agents. The great ones know how to use their time in the most effective way.
Should a buyer and seller have the same agent? ›
Dual agency occurs when a real estate agent works on behalf of both the home buyer and seller. In most real estate transactions, it is much more common to have separate agents represent each party, as this helps avoid the conflict of interest that can happen when an agent negotiates for both sides.
Is it ethical to have more than one real estate agent? ›
Ethical concerns
Buyer's agents only receive their commission when they close on a deal. Working with multiple agents means that whichever one doesn't close on a house with you misses out on their compensation. “Simply put, you're asking one of the agents to work for free, and that is wrong,” says Capozzolo.
How do you balance a realtor and a mom? ›
The MOMpreneur Life: Balancing Real Estate and Motherhood
- Tip 1: Lean on Your Support System. This goes for both home and work life. ...
- Tip 2: Pre-Plan. The holy grail when it comes to working moms. ...
- Tip 3: Prioritize. To feel well-rounded and at peace with yourself. ...
- Tip 4: Know When to Say, NO! ...
- Tip 5: Stay Connected.
Most real estate agents make money through commissions that are based on a percentage of a property's selling price, (Commission can also be flat fees, but that is much less common.) Agents work under real estate brokers, and the commissions are paid directly to the brokers.
Why are real estate agents so happy? ›
The ability to help people. When you work as a real estate agent, you're helping people make the most important financial decision of their lives. You're also helping them find homes where they will create cherished memories for years to come. This gives many real estate agents a high amount of job satisfaction.
