Working in the world of real estate can be a cutthroat business. Buying and selling real estate property has always been a lucrative income. Many realtors have made money and yet others have lost money. Even though there is the concept of networking within the real estate market that does not safeguard anyone from making decisions that could cost them everything.
In real estate there are no guarantees. It is basically trial and error even when a realtor has years of experience behind them. Because this market is so lucrative with the income it has also attracted individuals who have gone into selling real estate just to scam others. This is exactly what happened to Mr. Jim Toner. Mr. Toner has been dealing with real estate for over 25 years but unfortunately one decision cost him everything. His decision had nothing to do with inexperience or incapabilities.
Instead what Mr. Jim Toner was trying to do was to expand his business and decided to reach out to a well-known realtor company which turned out to be nothing more than a sham. After he and several other individuals gave permission for this realtor to help them with increasing revenue the realtor in return took all of their money and left. At this point Jim thought that he had lost it all. His passion and desire for selling real estate was gone so he decided to take a step back from working in the market. It was during this difficult time that he received encouragement from a friend which helped to restore his passion for the market once again. See Toner’s guide to financial independence here.
According to Medium.com, having had his zeal restored once again Mr. Jim Toner decided to come back into the real estate market but he decided to do things a little differently this time. He selected specific areas of the real estate market that he wanted to work in and also sought out the best local realtors in specific locations to help run the business. He wanted to show other people that there are good and honest realtors in this market. He was also determined to show that the real estate market is a profitable market and that not everyone is out to steal from others.
Another big difference was that this time around instead of him reaching out for assistance he became the assisting person for the local realtors in specific locations. This way he was able to ensure the success of the other realtors that he partnered with and for himself. He made it a point to be involved with the entire process of researching, acquiring and selling the real estate. He also added additional safeguards to ensure that the overall success for his team was inevitable. Mr. Jim Toner, a real estate entrepreneur is now working his way back to the top with a newfound sense of reverence for the real estate market, for other individuals but most importantly for himself.
Get more information: https://www.score.org/mentors/jim-toner