Published by Kartik Subramaniam
Robert Adams is a broker associate with Prudential California Realty. He previously was the broker/owner of a boutique real estate company "Adams and Associates" in Rancho Cucamonga, California. Adhi Schools operating a real estate school location there from 2005-2006.
Adams and Associates eventually merged into Prudential California Realty and Mr. Adams served as manager and broker of record there.
Robert brings not only a unique ability to inspire and motivate - he's never left the trenches.
I asked him five questions, and his responses are below.
Q: How long have you been in real estate?
A: 20 years
Q: What attracted you to the business?
A: I was working at a credit reporting company primarily looking at mortgage applications. I noticed that many of the applications showed real estate owned with values of $150,000 and balances of only $50,000 for example. This was a sign to me that owning or being around real estate was a great way to make money.
Q: What is the maximum number of deals you have done in one year?
A: 63
Q: What does that translate into in terms of income?
A: Probably somewhere around $500k
Q: Any tips for a new agent?
A: Before you get in stop and think about what you want out of the business. Do not sell yourself short, you can make as much as you like, be very committed. Don’t go in halfway, commit to it and you'll find it might be the best way of life you could have imagined!
What is amortization in a real estate loan?
Is a career in real estate “hard”?