It is a well-known fact that a real estate career can take years of strenuous effort to build. It can take even longer if you strive to become profitable. However, in 2015, AptAmigo emerged and successfully disrupted the rental industry’s “status quo.” By addressing critical issues, AptAmigo developed a functional system for fast-tracking real estate careers. In the process, they also solved a painful problem for renters who are frustrated with traditional apartment hunting methods.
AptAmigo was founded in the highly competitive housing market of Chicago. Since 2015, AptAmigo has continued to improve its service to renters, while simultaneously developing its value proposition to real estate professionals. In 6 short years, AptAmigo has become the most-reviewed apartment service in Atlanta, Denver, and Chicago and recently expanded to Nashville and Austin.
Related: A Day in the Life of Residential Leasing
The Problem with Traditional Real Estate Careers
Dissatisfied with the traditional rental real estate business model, AptAmigo co-founder Dan Willenborg observed four fundamental flaws that prevent real estate agents from finding lasting success. Addressing these flaws set AptAmigo apart, and allowed agents to achieve a level of success that was not previously possible.
Problem 1: High Barrier of Entry
Traditional real estate careers come with a high barrier of entry. Between the time, financial investments, training, certifications, and licenses necessary— there are plenty of obstacles in the way of success. Not only can this be extremely overwhelming, but it can have significant long-term financial implications if things do not go according to plan.
Problem 2: Long Sales Cycles
One major obstacle that new agents face is how long it can take to generate a profit. It is common to wait 6-9 months for a payout, while still covering monthly marketing and advertising costs (influencer marketing agencies and SEO specialists can charge over $5,000 per month). A long sales cycle can make real estate careers feel unstable or unsustainable if monthly budgets are not tightly planned and monitored.
Problem 3: High Marketing Costs
In the same vein, most real estate careers require agents to coordinate and fund their own advertisements. The average agent spends anywhere from $20,000 to $40,000 per year (Source.) For many agents who are just getting started, this is simply not feasible. However, in a highly saturated industry, marketing is often what sets you apart.
Problem 4: The “Only One Person” Dilemma
After combining marketing tasks with sourcing leads, maintaining a website, and paperwork, you can find yourself wearing far too many hats. When you then add the time it takes to attend in-person showings and networking events, there simply isn’t enough time in the week. Besides the risk of burnout, being one person in one place at one time does not allow for scalability in a traditional real estate career. Agents are limited to the scope of work they can accomplish by themselves and cannot grow further than that.
AptAmigo’s Solution
Due to these four problems, building a real estate career is not for the faint of heart. However, AptAmigo’s innovative approach allows motivated individuals to overcome these obstacles, find a sense of “work-life balance,” and translate hard work into a successful real estate career. By providing every new agent with experienced mentors, custom-built technology, and support from multiple teams, even people with no real estate experience have excelled in their first 90 days.
Low-to-No Barrier of Entry
AptAmigo eliminates the barrier of entry by providing instant access to experienced mentors, warm leads, admin support, and marketing. With AptAmigo, you can generate income without dipping into the realm of debt or negative profits.
Say Hello to Your Team
With AptAmigo, support from multiple teams allows agents to multiply their productivity and close more deals than any one person could. The Operations team handles scheduling your clients’ tours, maintains B2B relationships, invoicing, and admin work. This team alone frees up about 10-20 hours of time each week that can be spent servicing higher volumes of clients.
Alongside the Operations team is AptAmigo’s team of Touring Agents. You will communicate with these Client Experience Specialists and hand off your clients to them for all in-person tours. This frees up 4-6 hours per client, allowing you to avoid the “one place at a time” dilemma.
AptAmigo also provides tech and marketing support, so you can trust that whatever the scenario, we’ve got you covered!
The Real Estate Career Opportunity of a Lifetime
AptAmigo has built a team of dedicated real estate professionals who are committed to building the future of rental real estate. Where else can you:
- Ditch the 9-to-5 grind, yet still receive the financial security of a full-time job.
- Become your own boss, set the schedule that suits your lifestyle, and grow at your own pace.
- Break into the real estate industry with low-to-no risk
- Scale to 6-figures in less than 6 months (on average)
Even our agents who have no real estate experience see incredible success in their first three months. If you have passion and determination, this system will get you on track for a 6-figure income and a thriving real estate career!
Partner with AptAmigo, and give your real estate career the ultimate jumpstart. To join our community of go-getters, submit your resume today!
AptAmigo is proud to be an equal opportunity workplace and does not discriminate based on race, religious creed, color, national origin, ancestry, genetic information, physical or mental disability, medical condition, marital status, gender, age, sexual orientation, gender identity, veteran status, or any other characteristic protected by applicable law, in connection with any aspect of employment at AptAmigo.
