Alright – so today we’ve got the honor of introducing you to Miguel Cepeda. We think you’ll enjoy our conversation, we’ve shared it below.
Miguel, thanks for taking the time to share your stories with us today Let’s start big picture – what are some of biggest trends you are seeing in your industry?
I believe 2022 has brought a lot of new trends to the real estate market. One of the biggest trends has people leaving places like California, New York, and Chicago, for places like Texas. This trend revolves around home prices, affordability, and opportunity. With so many jobs establishing headquarters in Texas and new infrastructure going up almost on a daily, Texas has become one of the hottest destinations for out-of-state folks wanting to upgrade their lifestyle and seek the next big opportunity. It’s no surprise that Texas again leads US in population growth.
Miguel, before we move on to more of these sorts of questions, can you take some time to bring our readers up to speed on you and what you do?
If you told me I would be a realtor two years ago, I would’ve told you there was no chance. But thanks to COVID, here we are!
During unexpected times, I make an even more unexpected decision to make the leap into a business that I knew nothing about. My dream job was always to work in the entertainment/music industry as that is something I have loved from a very early age. Once the pandemic hit, I got furloughed and dropped from all jobs and internships I had lined up after graduation so it was a tough period of time. While I was stuck at home, I decided to enroll in real estate courses, fell in love with the information, passed both license exams in the first try, and the rest is history.
In just a year and a half doing what I do, I’m happy to say that Ive changed countless lives. From helping friends and family become first time homeowners, to even closing one of my favorite musical artists, I can say my journey has been nothing short of amazing. The most exciting part is that we’re just getting started! I’m beyond excited to help more people make their homeownership dreams come true.
Can you open up about how you funded your business?
One thing you learn from the get go is that real estate is expensive. Every cost associated with my business comes out of my pocket. That includes MLS dues, licensing fees, marketing, key access, broker fees, gas, etc. Everything adds up when you are a 23-year old right out of college with no job. Thankfully, my mom taught me to save from an early age and all the money I used to start up my business came from savings that I had from my very first job dating back to 2013.
What’s been the best source of new clients for you?
Without a doubt, social media has been my top source for new clientele. With just a post on social platforms, you’re able to reach so many screens in so many different places around the world. Along with social media, referrals have also been a huge part of my success and some of my referrals have even came from mutual friends we have on social media.