This was so genuine and transparent. You answered questions your audience always wonders. I find this aspect of YouTube and business fascinating and you're one of the first pioneers to capitalize on it. I believe this will become the norm. Thank you for making this video!
I love your willingness to share the numbers behind your jobs.
As a broker for over 25 years the truth is the average person better have at least a years worth of money saved up to become a real estate agent. Because even if your amazing at it you will be lucky to do 6 home sales in you first year. AND that only if you have a huge sphere of influence and family that willing to work with you. Monica please don't take offence to this...You did really well because of youtube and that sphere of influence of 1.4 million subs. Bit of advice for those looking to do this... influencer first and roll into real estate like Monica did... now that's a recipe for success.
Additional cons of being a Youtuber I'd say are: 1. That inevitable creative funk 2. Being stuck in a niche you no longer like but you can't pivot without severe audiance backlash 3. The comment section
I’m neither an influencer nor a realtor, but I really enjoyed this video!
People looking into being a realtor take her information with a huge grain of salt (which she does also acknowledge). Houses have been selling so quickly the last few year that it has been really easy to make the sales. It often is not that way. A new realtor has to lay out a lot of money for advertising, time for showing people houses, and open houses, all which often will result in no sales. The typical commission on a house is now about 5%. That gets split with the other agent, then up to 50% goes to the brokerage and 50% of your cut goes to your mentor for about a year. Also averaging $1M dollar sales in many areas is not the norm. So in reality you might make a few sales your first year and end up with less than $10k. Normally the business works on experience and referrals and that will take a long time to build up.
don't worry about the numbers so key!!! quality product sells. I'm a drummer and banker in the PNW area and I have great constant work by making great content live in person and my social media is not filled with followers. wise words Monica.
One of your best videos yet. Understanding that your experience won’t be the same reality everyone faces, combining the two really sounds like a great way to market yourself that not many are doing.
Side note @ 0:25 before I continue- your hair looks SO NICE
What Monica is saying regarding the realization of becoming a real estate influencer is what my art teacher always advised her students. Take 2 things you’re passionate about and combine it together as a career. For a long time I was passionate about art and helping people so I thought I’d become an art therapist OR director at a nonprofit that provides arts programming for children and families in need. So many permutations of art and helping people. I didn’t end up doing either for the long term but that advice stuck with me.
This is one of the most honest video's on how YouTube works. Love the Church family.
You are absolutely correct. I just celebrated my 1 year anniversary of having my license. That being said I have had zero transaction, but have had 6 clients in the year and still working with 3 of them. Real estate can be tough, you are all alone no one to really help you and you learn via trial and error. I created a youtube page earlier this month and am going to try youtube to generate leads. My first video (introductory video) got a whopping 6 views lol, my second content video comes out Monday afternoon. Hopefully it gets views and helps generate leads. You are right you have to get out of that comfort zone and put yourself out there. I know my first videos aren't going to be the greatest, but I know in time it will improve along with my comfort in front of the camera. At least I'm trying and not living in a world of "what ifs"
I am a real estate agent in NY and would love to have a channel like yours.
Super informative Monica! Lately I’ve been really interested about real state as a possible investment and you’ve been incredibly helpful with these videos. Also, quite true that engagement can be better than the number of followers. I started posting my artwork on instagram a few years back for fun, and although I have few followers, that’s how I got my job as a character designer at Disney, and made new artist friends as well. Social media can seem like a numbers game, but it’s the impact and reach you have with others the one that make the most returns.
Your value to your real estate mentor was higher than it would have been had you not brought thousands of followers with you. You did an amazing job crushing the real estate course in 4 ish or so months. People go to university for 4 years and end of with huge student debt with no guarantee of a job in their field once they are done. Your parents must be so proud of your accomplishments. Well done!
Do you ever feel like you just got lucky that you joined YouTube at the right time? The pool of influencers was insanely smaller when you started
I love following you and Shelby. I’m probably not your typical demographic, but I find your videos entertaining and informative. Thank you 😊
But isn’t making that transition into two people (influencer/real estate) exactly like being a working professional verses being a parent? You adapt right?
Real estate is for anyone but not everyone will make it. If you truly have the itch, go for it. This was a great video because both get mixed for sure.
@aliciamitrowitz3122