Career And Business Essentials Of Real Estate Industry Essay

The desire to further my career caused me to start to research the different options available to me. The

If you are looking to buy a private property or HDB flat in Singapore, make sure that you know all the pitfalls before you sign on the dotted line. Here are some of the major things you should look out for to avoid getting into a legal or financial tangle during the transaction.

A Description of the Basic Requirements Needed to Obtain this Job (e.g., type of degree)

The most formidable aspect in real estate has to be maintaining one’s career. Although there are many agents in this career field, the competitive environment portrayed daily makes this career one that may prove to be unsuitable for the meek. Negotiations, persuasion, debate and often a frequent contest for supremacy in the agency are recurring tasks when trying to sell property to clients. One could think of this as similar to the board game “Monopoly”, in reverse. Rather than trying to own all the property around, these “players” attempt to sell as much land as they possibly can. Those who fail to recruit an adequate amount of clients find it hard making it “past go” and often fail in the agency or, much worse, lose their jobs.

To be a Cardiovascular Perfusionist you need at least a Bachelor’s Degree, 3 credit hours of Anatomy or Physiology, General Biology, General Chemistry, Mathematics, Physics, Biochemistry or Microbiology, one credit hour or more of Medical Terminology, and a cumulative and science GPA of at least a 3.0. Neurology automatically requires a lot of schooling, medical doctorate, Bachelor’s Degree, completion of a medical school program, internship, and a residency, and passing of the Medical Licensing Exam. Real estate agents must be at least 18 years of age, a legal us resident, high school diploma and have passed the real estate license exam. With all these careers education is important but common sense is required as well because the clients are dependent upon their chosen specialist to get them through related situations safely and

Question 1: Please provide to me your career path that has led you to your current position.

What skills will you need? Is there any further information you need to be able to |

You advance in this career by getting a higher level education in your degrees and you can also.

When I asked myself what I was I going to be when I got older, I had no answer. This made me realize that I had to make a decision and I had to make one fast. An area of study I have always been interested in is business. My dreams as a child have always been to become the President of The United States or an owner of a business. Working for a business would be intresting, but owning one would be more fulfilling. I would be able to expand my imagination by coming up with new ideas and control the company as a whole. I love designing and creating different things that make people happy, and if one day I became an owner of a company that produced products that satisfied people, that would make me happy. I soon came to the conclusion that in

Others with experience and training in estimating property value may become real estate appraisers, and people familiar with operating and maintaining rental properties may become property managers. Also, a gents, brokers, and appraisers who gain general experience in real estate and a thorough knowledge of business conditions and property values in their localities, may enter mortgage financing or real estate investment

Q: What type of education and training would you recommend for someone just starting out in this career? Or for someone who wants your job?

Depending on the zone I was interested in, I was a good match for an HR Manager, or a CEO position.

What driving forces do you see at work in this industry? Are they likely to impact the industry’s competitive structure favorably or unfavorably? (Did we answer this question?)

CBPRO is a leading real estate company in Virginia, an independent franchisor of the Coldwell banker brand since 2001. CBPRO’s business focuses on residential real estate services such as selling, buying, and leasing houses; has 299 agents in 13 offices. The residential real estate industry is influenced by the ups and downs of the economy. In good times it fuels consumers confidence and spending, and in bad times consumers are cautious and not willing to invest in a house etc. CBPRO had a breaking sale of 2,848 percent in the first three years of services and during the plummet in the economy, sales flattened down to 2.5 percent, as was the case with the industry in general. (Coldwell Banker – Virginia Beach, Page 279). Due to high competition in the residential real estate industry (especially locally), coupled with fluctuating national economic conditions, and narrowly defined target customers, CBPRO faced several distinctive challenges; residential and clients lists were important to CBPRO business and to its competitors, especially the local competitors.

Like any other investment, real estate investing also has its share of risks and rewards. With the right kind of knowledge and training, real estate investing can be turned into a lucrative business. There are two broad categories of real state investments - short-term and long-term. Although long-term investment in real estate is quite profitable and is suitable for building wealth, most professional investors prefer short-term investments because they can turn in profits much faster. Long term investment involves holding properties for several years and selling them when the value of the properties has appreciated substantially, thus making a nice profit. On the other hand short-term real estate investments involve purchasing a property and selling it within a few months. Sometimes the term of investment is really short. Short-term real estate investments work best in rapidly appreciating real estate markets. In rapidly appreciating real estate markets the wait for profit is very short. One of the strategies of short-term real estate investing is the quick turning of properties for profit. This strategy is best for making quick cash. In this strategy the house or commercial property is contracted at a low price, then sold at a higher price either with or without improvements. It may be a wholesale quick turn or a retail quick turn. In wholesale quick turn the property is sold to another investor and retail quick turn the real estate property is sold directly to the