4 AWESOME THINGS ABOUT BEING A REAL ESTATE AGENT
Real estate agents spot it all. From the dirty linens to the crowded garages. Over the years, they learn a thing or two: Why some houses sell while others linger on the market. Why are some promising buyers never end up at the closing table. How to get a better deal on the mortgage. Even just how much other agents could make on your home
Agents are involved in the sale and purchase of single-family homes, condos, office buildings, industrial parks and vacation houses. Land development, financing and support are the growing specialties. The growth of this profession is economically dependent. However, a related occupation, property manager, is expected to grow by about 34 percent over the next 15 years.
Real estate is not a hobby, it is a business.
…show more content…
More than ever, the average person has access to the kinds of statistics, market analysis, technology and expert opinions that were previously reserved for people who actively made their living as a real estate agent or broker.
Consider, for example, the guide you are reading. Before the Internet, much of this information would exist only in the mouths of working agents or agent licensure textbooks. Consumers had little need for this information, because they trusted their real estate professional to know.
Nowadays, with the array of information on real estate on the internet, a lot of people apparently think of becoming a real estate agent just like picking up a hobby, something to engage your down time and also earn you quick cash simultaneously.
Real estate, is a business. It's about cash, and as the market has shown in recent years, when you get careless in real estate, you stand to lose a considerable measure of cash. As an agent, you're a self-employed entity, which means it's dependent upon you to manage your own particular
The next portion of the chapter talks about how real-estate agents use information to gain power and wealth. Most real-estate agents have a better sense of knowing the condition that a home or apartment is in, and this gives them an upper-hand against the buyer or seller. Like the Ku Klux Klan, real-estate agents use secret words and information to
You might not have a new client everyday but you will have at least one new job/client to deal with every week. Then after making enough sales you came become your own boss. Which means once you become your own boss you can make your own commission rates, the time start working and how long you work, plus you get make your own decisions about who to hire or fire, and who to have business with. But there is just one little thing about being your own boss that might take its toll on you which will be that when some thing goes wrong you will be the person to blame nobody else but yourself because you will be the owner. The things I learned about becoming a Real Estate Agent.
Real estate agents are generally independent sales employees who provide their services to licensed brokers on a contract basis. In return, the broker pays the agent a portion of the commission earned from property sold through the firm, by the agents. They are familiar with local zoning and tax laws, and know where to obtain financing. A good real estate agent is informed about things like schools, tax rates, public transportation
Real estate agents have one of the largest gender-based wage gaps in today’s economy. There is not one particular economic approach that explains this gap, but a combination of the human capital and statistical discrimination models may account for much of the gap between the wages of male and female real estate agents.
Picking the right agent is something that you really need. If you end up with a lousy agent, you might be doing all the agents work. Choosing a good agent could make buying your first home the pleasant experience that it should be. You should interview at least 3 agents if you don’t already know someone who has the experience. You should ask them questions about their status as an agent. Meaning, are they licensed Realtors. This is something important about an agent. Agent’s who are realtors have a number of advantages such as being able to use a Multiple Listing Service. Multiple Listing Services are cooperative information networks of realtors that provide descriptions of most of the houses for sale in a particular region. Another good question to ask is whether or not the being a real estate agent is their full-time career. You don’t want someone who can only be “tuned in” for half the time. The other thing that is a good idea to discus would be the party that the agent is representing. Let the agent explain the laws of agency in your particular area. The law of Louisiana presumes that th...
For example, agents try to persuade their consumers that lower offers are better offers while knowing the house can sell for far more. In an effort to get you to do as they say, agents manipulate their position and your lack of information to instill fear. They will tell you things such as the market is tanking or a house far better than this was difficult to sell. They will also use words with positive connotations when describing a house with higher or lower selling price in an attempt to make the house more desirable. Although real-estate agents are in no way as terrible as the KKK, they do display a similar strategy when it comes to information. The final part of the chapter discusses more situations involving hoarded information, ranging from how we describe ourselves during interviews to how people vote on The Weakest Link to how we present ourselves on dating
A real estate agent is a person who sells and rents out buildings and land for clients. This career is very important if you are buying a house, but you don’t really know what you’re doing. Real estate agents can help to guide you through the process, and answer any questions you have. Real Estate has always been around, it just wasn’t referred to as an actual occupation. Real estate companies didn’t start until around the 1950’s. People could now officially buy and sell houses, and make money from it at the same time.
Many studies have shown that adolescents residing in low income or high crime neighborhoods are more likely to get involved with deviant behavior or committing criminal acts. (Deutsch, 2012) There are several neighborhood factors that affect the crime rates of the neighborhood such as overcrowding, low economic status, the neighborhood’s reputation and its residential instability. These may create a disorganized community, leading to distrust and cynicism among residents in the community. As a result, there would be a higher rate of opportunities for crimes and delinquency. (Kurlychek, 2011) Thus high rates of crimes and violence are more likely to occur at these areas.
Entry into the real estate industry is almost free (Goolsbee, 2005, Online) and there are many agencies that operate within the industry. The products sold by real estate agencies are not homogenous products (Coiacetto, 2006, Online). Each product is as unique as the next, in terms of its location, features, building and financing.
The first step to buying your home is assessing your financial situation. A person must evaluate how much exactly they can afford and borrow. Most people hire a real estate agent to find a home. A real estate agent can help in finding different homes that suit the person’s needs. At the Department of Housing and Urban Development’s website, “You'll want to start searching for a broker as soon as you decide to buy a home. Talk to several and find someone you think you'll be comfortable working closely with”(1) Having a wide range of options is always helpful. An agent can also help in negotiating the price, and showing what the potential buyer needs after finding a home. A buyer might also need the services of a lawyer, a loan officer, insurance agents, and an accountant. In all purchasing your own home is a daunting task if you plan on doing it alone.
Andrew Kappel argues in his essay, “The Immortality of the Natural: Keats’ ‘Ode to a Nightingale’”, that the basis of the nightingale’s immortality in John Keats’s, “Ode to a Nightingale” is its naturalness meaning that, the nightingale escapes death because it exists among nature. The bird is referred to as being immortal throughout the poem including in line 61, “Thou wast not born for death, immortal Bird!”. Kappel does have evidence to support his claim such as, Keats’s use of keeping the bird in a constant natural setting saying, “As it withdraws it moves from one natural setting to another, never ventures outside nature and seems, indeed to retreat ever more deeply into the natural world.” Constantly keeping the bird in a natural setting
Despite the widely available access to real estate listings, many believe that MLS databases continue to offer the most complete and accurate source of real estate information. Most MLSs now distribute content to other Web sites (primarily operated by real estate agents). An excellent starting point for MLS originated content is the national NAR Web site, realtor.com, which is also the most popular web site for searching real estate listings. Virtually all local and regional MLSs have an agreement with realtor.com to display much of their active listing inventory.
Real estate is a fixed, tangible and immovable asset in form of houses or commercial property (Seldin & Richard 1985). Real estate market involves developing, renting, selling/purchasing and renovating of these assets (houses). Market participants includes developers (contractors, engineers, and so on), facilitators (mortgage companies, real estate brokers, banks, management agents and so on), owners, renters (leasers) and renovators (Seldin & Richard 1985). Like other economic markets, real estate markets have internal and external forces that make impacts in the market (Seldin & Richard 1985).
Gathering information about what it takes to become a real estate and just what it is that a real estate agent actually does required me to do a significant amount of research. The first action that I took was to sit down with my grandfather, who happens to be a real estate agent. I asked him what I should look in to in order to gain a better understanding of his profession. After interviewing him, we went to the offices of Atova Real Estate where I observed the daily activities of the real estate agents who work in the office. Later, we went to the offices of Pioneer Title, Guild Mortgage, and the Idaho Intermountain Multiple Listing Services. We di...
Every person with a job, no matter what occupation, makes an impact on society in some way, shape, or form. Some people leave their legacy by defending people in court, some saving lives in a hospital, and others planning and building works of construction. These planners have a large-scale effect on everybody in society and have an eye for detail, as well as enjoy using mathematics to ensure proper construction. That is why I have chosen architecture to be my career. An architect is a person who designs buildings and supervises their construction. A broader view of an architect is a person who is responsible for inventing or realizing a particular idea or project. Architecture varies from the pillars of the Greek Parthenon, to peoples’ homes. I often find myself marveling over the design of large-scale building projects such as the skyscrapers of New York City. Most of these buildings belong to a myriad of well-known companies such as Chase and Toshiba. That is why I have particularly chosen to become a commercial architect.