How to become a real estate agent?
The number of new buildings is growing every year, and mortgage rates are reduced, which makes housing more affordable, and the profession of a realtor is in demand and well paid.
Can I become a realtor on my own and what is needed for this? Our new article for those who want to try their hand at selling and renting real estate.
It is always difficult to start, but the advantages of working as a realtor speak for themselves:
Free schedule. You are not attached to the place, even if you work as part of an agency. You can also arrange meetings and negotiations with clients at a convenient time.
High earnings, which is not limited to a fixed salary. This is one of the reasons why becoming a realtor is prestigious today.
There are no age restrictions, so pensioners can also start working as realtors.
The ability to constantly communicate with people and establish the necessary connections. Before you go to a real estate agency, create your own agency or work as a private realtor, you need to understand the basics of the profession and understand where to start a realtor. For example, this can be done with the Metrium Academy of Realtors under the strict guidance of specialists.
It is also important to understand how this profession is right for you. Because:
To be a real estate agent means working on self-discipline and building your day and interaction with clients in such a way that you manage to keep up with everything and not miss out on the important. Most real estate agencies do not have strict controls; in fact, you are your own boss. Therefore, it is important to start with discipline, self-organization and successful time management.
A competent realtor is always aware of the trends in the development of the real estate market. You will need to monitor specialized resources and regularly engage in self-education, be savvy in legal and other matters that are important in the execution of transactions.
Sociability and understanding of the psychology of people are inalienable qualities of a successful realtor. During the work you will encounter different people, and for success you will need to establish a dialogue and find an approach to all participants in the transaction.
From here follows the fourth factor in the work of a realtor – stress resistance. Unfortunately, while in our country not everyone has a positive image of the perception of a realtor. You will surely meet more than once people who do not trust a real estate agent or who are afraid to work with you after a sad experience with another specialist. Your professionalism and stress resistance will help to cope with these situations.
Commercial vein. Your income will directly depend on the commission from the sale, purchase or rental of housing. In many real estate agencies, the percentage of the realtor from the transaction grows in proportion to your achievements. Therefore, with a great desire and effort on your part, you can earn amounts that you had not even dreamed about before.
Should I Become a Realtor? If you feel the strength in yourself and are ready to work on yourself – it’s time to start!
So, how to become a real estate agent?
1. Choose how comfortable it is for you to start work – as part of an agency, open your own company or work as a private realtor.
2. Depending on the path that you have chosen to become a realtor, start educating yourself. As part of the agency, you will also most likely be allocated a mentor to whom you can contact for any questions.
3. Examine the real estate market in your area and decide what objects you want to work with – apartments, private houses, non-residential premises. Also decide what is your priority – buying / selling housing or renting out. Start work in the chosen direction.
4. Examine the necessary documentation related to the purchase, sale and rental of real estate.
5. Register on key portals to place ads – Avito, Cyan and so on. If necessary, connect to a CRM system for realtors, for example, Aktiagent or Smart Agent.
6. Do not be shy to seek advice from more experienced colleagues, they know that it is not easy to start and, most likely, will share valuable tips on how to resolve certain difficult situations.
7. Keep in touch with customers – answer questions, congratulate you on holidays.
If you decide to become a realtor, in the process of work you will learn a lot in practice, but it is important to know the main responsibilities of a realtor:
1. Consulting potential customers
3. Preparation of documents for the transaction
4. Conclusion of contracts
5. Shooting real estate and posting information on specialized resources, posting announcements.
It is important to start small – try your hand at the agency, gain experience, and then you can become a private realtor or open your own agency. Learn more about the real estate profession from the Metrium Real Estate Academy.