The Field Of A Real Estate Broker

You need to select an agent to service you. Find one who is familiar with the location and type of property you have in mind. Make sure the agent is from a Listed Housing Agency and also a member of the Institute of Estate Agents (IEA). Discuss your requirements with him and be specific. This will allow him to advise and service you in a professional manner.

As a real estate agent, your financial success depends on building and maintaining a network of prospective clients. And according to Mr. Tijerino many of these relationships have to be maintained. “Without Communication there’s no money, so you have to go out there and start meeting new people always!” in real estate Communicating with people seems to be the key to be successful real estate agent. It is certainly key to keep in contact with your buyers as a real estate agent but Mr. Tijerino told me it’s not always about you talking you also have to be a good listening, he told me one of the most important skills in involving real estate is to listen

“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.

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.

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?

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

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

There are many skills exuded by professionals in the real estate sector that can be replicated elsewhere. For example, most successful real estate agents posses entrepreneurial spirit, high likability, professional appearance and good communication and time management skills.

In this crazy world, it is important to find those who you can depend on- in life, in love, and especially in real estate. Finding the right group of people to network with and collaborate with is key to finding success in this field. In analyst Jonathan Littman’s article, “Real Estate Reinvented,” Littman documents information that he researched on Northern California’s Alain Pinel Realtors. An Alain Pinel Partner and the company’s President, Helen Pastorino, states that “ [she] believe[s] that the ‘every agent for himself’ hurts sales and [she has] quickly turned to using computers and networking to [her] advantage” (Littman). A successful real estate agent will not be afraid to collaborate and work with others, because he/she knows that

Clients tend to make decisions upon the data provided through technology as opposed to experience and intuition. This aspect of real estate business is challenging for everyone involved

Real estate agents are generally independent sales employees who provide their services to licensed brokers on a contract basis.

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

A real estate agent must possess a gregarious personality to attract clients to buy properties.

Real estate agents commonly work with clients for weeks, months, and even years before making any money from a sale, if they make a sale at all.

A new real estate agent has a plethora of knowledge at their disposal if they will remain coachable by their more experienced colleagues. In the article “6 Things Every New Real Estate Agent Should Do,” by Candy Miles Crocker, she states the importance of always being coachable and eager to learn more about the trade no matter how old or experienced one may be. She emphasizes the value of seeking the advice and opinion of the broker that the agent works for. There is a difference between listening to people talk and actually hearing them and applying what they have to say. Because the market is so inconsistent, remaining teachable is critical for new agents