Student agents enter the real(ty) world
Vivian Ho
Issue date: 2/1/08 Section: InBusiness
As a part-time dining hall worker, a Boston University student can make about $700 a month. At Starbucks, $640 a month. But if students follow several of their peers and earn real estate licenses, that number rises to $10,000 a month with the same hours.
STUDENT REAL ESTATE AGENTS
School of Management sophomore Matt Hayden currently works for Boardwalk Realities. After only a semester, he has already made around 10 sales.
"My dad is in the mortgage business; my grandparents own a real estate business," he said. "My realtor, who I booked with last year, was a student realtor as well. I thought, 'I'm a student, I'm up here a lot of the time, might as well give it a try.'"
Hayden said to receive his real estate license, he had to undergo 24 hours of classroom training and a grueling study week to pass the "intense" exam.
As a student real estate agent, Hayden said that most of his clients are students renting off-campus housing in the Allston area.
"There's definitely a lot of work," he said. "You have to make advertisements, find clients and work with them to find a place."
Hayden said that there are many young real estate agents at his agency, which makes for great environment where other staff members are his age.
NOT THE ONLY GAME IN TOWN
Like Hayden, Suffolk University senior Michael Savage became a real estate agent after experiencing his own off-campus housing search. After hunting for housing with his broker, he said he became interested in becoming a real estate agent himself.
"I went into the test thinking it would be easy and I failed it right off the bat," Savage said. "I took it again, flunked it again and I finally passed it the third time."
Savage, who works for Ford Reality, has been a real estate agent for two years and has made "hundreds" of sales. He said he works mostly with rentals in the midtown and Beacon Hill areas.
John Ford, owner of Ford Realty, said he enjoys working with the two student real estate agents on his staff.
STUDENT REAL ESTATE AGENTS
School of Management sophomore Matt Hayden currently works for Boardwalk Realities. After only a semester, he has already made around 10 sales.
"My dad is in the mortgage business; my grandparents own a real estate business," he said. "My realtor, who I booked with last year, was a student realtor as well. I thought, 'I'm a student, I'm up here a lot of the time, might as well give it a try.'"
Hayden said to receive his real estate license, he had to undergo 24 hours of classroom training and a grueling study week to pass the "intense" exam.
As a student real estate agent, Hayden said that most of his clients are students renting off-campus housing in the Allston area.
"There's definitely a lot of work," he said. "You have to make advertisements, find clients and work with them to find a place."
Hayden said that there are many young real estate agents at his agency, which makes for great environment where other staff members are his age.
NOT THE ONLY GAME IN TOWN
Like Hayden, Suffolk University senior Michael Savage became a real estate agent after experiencing his own off-campus housing search. After hunting for housing with his broker, he said he became interested in becoming a real estate agent himself.
"I went into the test thinking it would be easy and I failed it right off the bat," Savage said. "I took it again, flunked it again and I finally passed it the third time."
Savage, who works for Ford Reality, has been a real estate agent for two years and has made "hundreds" of sales. He said he works mostly with rentals in the midtown and Beacon Hill areas.
John Ford, owner of Ford Realty, said he enjoys working with the two student real estate agents on his staff.
Viewing Comments 1 - 1 of 1
boston bob
posted 2/08/08 @ 1:39 AM EST
It's REALTY, not REALITY! Otherwise a good article, I got my start as a student real estate agent, and bought my first investment property at 21 with my first year earnings. (Continued…)
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