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No Limits for Women in Real Estate

Home Best Practices
October 7, 2008
Reading Time: 2 mins read

Business Building by Margaret Kelly

RISMEDIA, Oct. 7, 2008-Breast Cancer Awareness Month is upon us, and I can’t think of a more perfect time to celebrate women and their achievements.

As a breast cancer survivor, I’m particularly proud of the strengths I’ve seen women exhibit tackling personal and professional challenges. There’s no limit to a determined woman’s fortitude.

Oddly, the only real limits that exist for women are ones set for them-not by them. And there’s no place where this is truer than in the workforce.

According to U.S. Labor Department statistics, women in full-time salaried positions today are paid 80% of men’s average weekly pay. Actually, the phrasing is “earn 80 percent,” but I can’t help but reason that if women’s salaries were based on what they’ve earned, there would be no gap.

I’m encouraged, however, by the professions in which a person’s earnings are more directly correlated to time and effort-namely real estate.

What was once a male-dominated field now comprises a thriving female contingent of more than half the total Realtor membership-59%, according to 2007 NAR statistics.

The NAR data also indicate that real estate continues to grow in popularity among women, with a 4-percentage-point increase in the number of female Realtors from 2005 to 2007. And I can understand why.

-Flexible schedule – As a real estate agent, you’re not forced to choose between family and career because you set your hours.

-Opportunities to create and innovate – You’re driving your productivity and overall success, tapping into your own talents to find effective ways to expand your business through advertising, marketing, networking and other means.

-Professional development – By taking business development courses, earning specialized designations and certifications, attending conferences and joining trade organizations, you’re finding no shortage of learning and networking opportunities.

-Connecting with clients – Being a good real estate agent is about establishing and nurturing solid relationships with clients. You’re making sure this is a top priority.

-Community outreach – Few professionals are more plugged into their communities than real estate agents. You’re leveraging your influence to build support for local groups and charities.

-Earning potential – As long as houses are being bought and sold, your income is based on nothing but your skill and motivation. Real estate is a strong career choice-particularly if the phrase “glass ceiling” has no place in your vocabulary. RE

Margaret Kelly, CRB, is chief executive officer of RE/MAX International.

For more information, visit www.remax.com.

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Paige Tepping

Paige Tepping

As RISMedia’s Managing Editor, Paige Tepping oversees the monthly editorial and layout for Real Estate magazine, working with clients to bring their stories to life. She also contributes to both the writing and editing of the magazine’s content. Paige has been with RISMedia since 2007.

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