Realtors are the ones who facilitate buying, selling or renting of homes, office buildings, industrial properties, farms or other form of property. They may also provide related services such as mortgage banking, property management, urban management, real estate counseling, etc.
No formal education is required to become a Realtor. However, each state regulates licensing required to practice as a Realtor in a state. My realtor friends suggest joining an accredited school that provides classes for the exams. Each state commission may have a list of schools available. Once you have passed the examination, you will be issued a license to practice in the specific state.
Agents must have a pleasant personality and be good at interpersonal skills. He/ she should have good negotiating skills and the basic skills required for any sales role.
One of the most important times of any individual is when they buy a home or a property. A Realtor is with the client all the way during this important moment. A realtor is required to continuously update the list of prospects, may visit the property with their client several times, may facilitate with the mortgage company and advise the buyers/ sellers on other issues related to closing the property.
This is not a conventional 9 to 5 job. The nature of the beast demands that a Realtor woks evenings and weekends as that is when most of their customers are available. The professional has it’s share and more of heartbreaks with a deal going south at the nth Hour – the profession is not for the weak hearted.
On the upside, this is a great profession for those who find themselves rudderless in a weak economy and wondering what career to pursue. It does not require a specific academic background. I have friends who were highly qualified engineers, who on losing their jobs switched to this career and have succeeded in the field beyond what they expected. Many realtors move on to property development. Commissions are the way of earning for any Realtor. While the sky is the limit for earning capabilities, the Bureau of Labor Statistics states that the top 10% of Realtors earned more than $101,000 and the lowest 10% earned less than $21,000
For more information on a great career that you can have as an Realtor, visit: http://www.realtor.org/realtororg.nsf/pages/careers
On the lighter side: A real estate salesman had just closed his first deal, only to discover that the piece of land he had old was completely under water. “That customer's going to come back here pretty mad,” he said to his boss. “Should I give him his money back?” “Money back?” roared the boss. “What kind of salesman are you? Get out there and sell him a houseboat.”
"WHAT NEXT" is provided by Ramesh Anand, President, American Personnel Resources LLC. ( www.aprllc.com ) He can be contacted at ramesh@aprllc.com
Please conduct further research for this and other careers of your choice.
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