Estate Career Options : Property Appraiser, Property Manager, And Real Estate Analyst Essay

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.

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

“Real estate is a year-round opportunity to help countless people realize the American dream” (“Why Real Estate”, 2012). Eighty-five percent of buyers believe that home purchases are good financial investments, and a majority of homebuyers and sellers rely on the services and expertise of real estate professionals to assist them with their transactions (Profile of Home Buyers and Sellers, 2010). “The primary job description for an agent is communicating with potential clients to determine what kind of property they are looking for” (Richard, 2012). This means, setting up interviews with clients to see if the agents firm possesses property that meets the client’s specific needs. Once it is apparent exactly what the client is looking for, the agent sets appointments to show houses to clients and many times the agent physically accompanies couples while showing off properties.

A good job is something everyone needs to have. It doesn’t have to be a doctor or dentist or any other traditional well-paying job. Your job should be something you enjoy and look forward to doing. To get a decent paying job you should go to college for at least 4 years. Although there is a couple lucky people who do or did okay without going to college. Mostly, nowadays people have to go to college to live well.

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

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.

The career of a Real Estate agent is a unique work environment that has various opportunities and requires specialized study and various personal attributes to successfully run a real estate team or brokerage at a high level of business. As a result of research, l have concluded that a Real Estate career is a possible career choice for me.

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

Valuers: A property valuer will be able to ascertain the current market value of your property. Depending on the nature of your property, business valuers and agribusiness valuers may also be necessary. This data is important as valuations provided by the government may be significantly underestimated.

There are several advantages to being a real estate agent. You need a real estate lisence to sell properties and land in Queenland. When you have your license, you can negoitate with potential buyers, and you can inspect propertieies that are available for rent or sale. There are several requirements that you must fullfill, but you do need to work in the real estate industry to fulfill the real estate broker requirements.

Realtors have many different jobs. They have a wide variety of things they do on a daily basis. Realtors visit houses to evaluate the property before showing them to potential buyers (“Real Estate Sales Agents” from myplan.com, 1). They also locate undeveloped areas that are good spots for building (1). Once they sell property to clients, they contact utilities for service to the clients’ property (1). Before selling property, they discuss plans for new construction and obtain and make listings of available properties for sale or for rent (1).

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.

When I began my search for an internship, I knew I wanted to end up in some form of real estate. When I was hired by Principal to work on the asset management side of investment properties, I was not aware I would find the sub-field of real estate I’d like to pursue a career in. I feel as though I have grown as a professional through the many aspects and actions it takes to manage “Class A” real estate product. There are two skill sets in particular I have grown the most in at Principal: Analyzing and Human Interaction.

Appraiser – asses the market value of a property so that the value of the property is within the lender’s loan guidelines. They researched information on the property such as the legal address, description, assessment, property tax and age of home. Appraisals are estimates and are subjective in nature. They are hired by the mortgage company and paid at closing. If they are party to mortgage fraud they will inflate the value of the property.

The real estate appraisal process is a process that affects nearly everyone who lives in a home. Most people do not have the funding to purchase a home outright and must rely on financing to purchase their homes. Banks require that a real estate appraisal be conducted to determine what the market value of a property is so they know how much the property is worth as collateral for the loan. Therefore the appraisal serves as the basis for factors such as determining a fair market price, how much collateral a property can offer a lender, or in some cases even how much a property should be able to earn in income in a "best use" scenario. This report will outline the basic steps of evaluating the value of property as well as discuss some of the considerations surrounding the appraisal process in general.