Team Leader of Team Zold - Shawn Zigelstein speaks to media discussing the influx of Real Estate Agents into the Toronto market. In Toronto, there are 48,000 realtors who belong to the city's real estate board -- up from 34,000 in 2012, according to data from the Toronto Real Estate Board. Quoted by the Canadian Press in a conversation about realtors in Toronto saying;
"It's a very, very tough time to get into the market for a lot of realtors," says Shawn Zigelstein, a sales representative with Royal LePage Your Community Realty.
"Yes, people are trying to capitalize. They say, 'Oh, I'm going to go get my real estate licence, make myself a ton of money and walk away,' but they don't realize that 90 per cent of the business is done by 10 per cent of the agents." cont'd
Zigelstein's advice for those considering a career in the real estate industry is to go at it full time. That's what Zigelstein says he did 13 years ago when he got his realtor's licence, quit his job in the restaurant industry and went knocking on doors.
"It is very difficult to break in if you're working a full-time job and then you say, 'I'm going to do real estate on the side,"' says Zigelstein.
"Because at that point, how professional are you going to be? How knowledgeable are you going to be? Especially with market conditions that we're seeing right now."
For the full article see link to CP24
