Gal Chabra
Ms.D
Career Research paper
December 15 2015
Real estate is my passion because I love selling stuff so why not sell houses if I’m good at it. It’ll make me a lot of money so I can become a wealthy man. To me real estate is easy you go to people ask to sell their house and then make money off of that. Ever since I was in 1st grade I wanted to become a real estate because that’s my dream, my dream is to help people sell their houses. I want the experience to of how to sell and buy houses for my family and friends also. I read everything I can get my hands on related to real estate. I enjoy finding a home that is troubled, putting in the time and effort to gain the sweat equity and also to make it beautiful again and then renting it out for cash flow.
In order to do this job I have to get a state licensing is required in all states and the District of Columbia. A college degree isn’t required to become a real estate agent. Most states only require a high school diploma or an equivalency certificate. You have to take a 2 week class to be able to take the state test because you have to learn about the material on the state test. “Some formal on-the-job or classroom training is necessary to become a real estate agent. Upon satisfactory completion of the training program, candidates can apply to their state's licensing board for a
…show more content…
You have a Choice, you can make a commissions but it depends how much you sell the house for. I can see myself doing real estate at least till I’m retired. “According to the U.S. Department of Labor, median annual earnings of salaried real estate agents, including commission, were $39,800 in May 2013. Salaries ranged from less than $21,240 to more than $98,090. Median annual earnings of salaried real estate brokers, including commission, were $59,580 in May 2013, with salaries ranging from less than $24,260 to $187,050 or higher” (“Real Estate Agents And
This paper will seek to provide an overview of the real estate process and its affects on the real estate agent. An agent needs to be knowledgable about the steps required to make a sale, and the risks involved when the sale does not go as planned. Real estate sales require much of the agent, including sacrifices in their personal lives and in their financial stability. Agents must be teachable and willing to seek to see others succeed. A successful real estate sale consists of many steps, sacrifices to personal time, and an agent’s ability to work well with others while remaining incredibly flexible.
The career I chose to undertake as my profession is that of a mechanical engineer. Why do I want to become a mechanical engineer? Well, for starters, I would be able to design, build and possibly repair many various machines and other technologies that are complex. These technologies can range from being already in use on a global scale to new, futuristic designs that are highly technical. Also, this career includes being a sort of jack-of-all-trades, where I would possess knowledge in mathematics, physics, etc. Finally, this career offers me the chance to expand outside my immediate area since mechanical engineers are well desired around the globe as well.
I have to say working with Justin took away all the hassle and apprehension me and the wife had about buying a property. We’ve heard horror stories about estate agents conning their own clients, but we were so happy we took a chance with Justin. To say we instantly clicked is an understatement. We formed a bond before the day ended. It was fun working with him, which kind of surprised us because we had a preconceived notion that realtors can be stiff, for the lack of a better world.
Now that you know you want to sell real estate, you have to get licensed before you can go any further. So, how do you obtain your real estate license?
Real estate has always been extremely interesting to me, even at a young age, I knew that I wanted to make a career out of it. Initially, my interest was sparked by watching HGTV (Home & Garden Television) with my mother on the weekends. My fascination for real estate continually expanded the more I had the chance to witness all the amazing houses and beautiful designs on the television. My desire to be a real estate agent only grew from there on out. When I began attending high school, I wanted to take classes and join clubs that would help lead me closer towards my chosen career path. Therefore, I joined Distributive Education Clubs of America my freshman year. Through DECA, I was introduced to a multitude of knowledgeable skills relating
Texas stands as one of the country’s largest states, presently providing shelter to roughly 28 million people. How do you find and contact the best Texas realtors with the utmost ease? The answer is simple: List of Companies in USA’s Texas realtors list.
As a real estate agent, every state requires agents to have a license. To obtain a license you must complete 75 hours of
The duties and responsibilities of a real estate agents consist of helping people buy, sell, and rent properties. They show property to potential homeowner and network to locate future buyers and sellers. “They bring together buyers and owners and negotiate the terms of real estate contracts such as deeds, leases, and mortgages with buyers, sellers, and renters of properties” (EUREKA). They also make appraisals, which is when a real estate agent assesses the true value of a property. To become a real estate agent, one must be licensed by the department of real estate which requires three semester units of college-level course in real estate principles, plus one additional specified real estate course prior to taking the examination (EUREKA). Some real estate positions require training in vocational schools, related on-the-job experience, or an associate's degree. Related majors for this occupation consist of economics, business management, general business courses, as well as marketing and sales. California’s salary varies and depends on location, sales expertise, if workers work full-time, and the size of commision they get. Commissions of the total sales price are the usual source of income for real estate agents, which means their monthly income depends on how well they perform. Unfortunately, earnings for a real estate agent can be irregular at first. California's salary starts low around $2,849 per month, then the average $5,079 per month, and rises to as high pay at $6,117 and up per month (EUREKA). National pay consists of entry or low pay at $1,795 per month, average $4,627 per month, and highest at $8,771 and up per month (EUREKA). Personal characteristics For a real estate agent are being personable, ability to influence, being patient,and learning to adapt to one's surroundings. Skills consist of active listening which means “[g]iving full attention to what other
Real estate is a wide-ranging field. It consists of different types of jobs which are: advertising sales agents, appraisers and assessor of real estate, financial analyst, market analyst, mortgage loan officer/ lender, investment adviser, Insurance agent/broker, real estate broker and plenty more. An advertising sales agent is one who sells advertising space to businesses and individuals. They work in variety of industries, which include radio, television, advertising agencies, and internet publishing. Appraiser and assessors estimate the value of land and buildings on the land generally before it’s sold, taxed, developed, mortgaged, or developed. Financial analyst supply guidance to businesses and individuals making investment decisions like the performance the function of stocks, bonds and other things. Market Analyst determine what products a company must generate and in what ways they should sell them. A mortgage loan
I would need practical experience shadowing first hand very successful real estate agents. I would need an internship with a marketing company to find out if that is what I want to do for the rest of my life. I think
Education has always been an importance to me. Since no one in my family has been to college. I’m that person that is really relaxed and can make good decision to just about anything. One of the things that I have achieved is soccer, and I have made the high school soccer team and plan on playing for a college team. Living with four siblings my whole life was probably the best thing ever. We all grew up in California in a nice big house, we were all taught to have a really fancy manners. Everyone in my family had good grades before they graduated high school. I am proud that I have gone this far in life and would like to move on to bigger accomplishments. Although I have been through some obstacles that has pushed me down but always managed to get back up.
Before my research I thought that I already knew what it took to have a career in the business world. I found that there are many objectives that I have to overcome before starting my career. By doing my research, I have came to the conclusion that owning a business is not for me. I have found a new love for real estate and everything it has to offer, career wise. A real estate agent would be the perfect job for me. An agent’s main responsibility is to help a client in the process of buying, selling, renting, or leasing a piece of real estate.
The real estate work environment ranges from person to person. A single person may conduct his or her business completely alone, or teams of multiple agents may work together. Teams can also work under a brokerage or work independently, although a broker’s license is required for an independent team. Real Estate teams that work under a brokerage must pay a percent of earned commission to that brokerage. An example of a brokerage is Keller Williams Capital Partners. This brokerage has multiple teams conducting operations under their name. For every sale that a team makes under Keller Williams, they must pay a percent of their commission, or profit. By obtaining a broker’s license, a team or individual receives one hundred percent of the commissioned they make. This serves as an attractive business opportunity, however requires completion of another exam and classes separate from real estate licensing classes. In the year 2014, about 421,300 real estate jobs were recorded (bls.gov). A real estate agent spends much of their time working away from an office desk (bls.gov). An agent spends a majority of the workday with clients, helping
Employment of real estate agents is expected to grow more slowly, however, a large number of job openings will arise due to replacement needs. Agents who usually worked full time had median annual earnings of $31,500. The middle fifty percent earned between $20,500 and $49,700.
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.