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What do you need to know about real estate
from: Mansi GuptaAn estate agent is one who is involved in the sale of houses and
land. The job of estate agent is not new. But with a rise in
population, the task of estate agent has gained momentum. With
increasing number of people there are more houses and lands to
be sold and purchased. This article will thus mainly deal with
the job profile of an estate agent, the requirements to enter
this business and an evaluation made by enumerating the pros and
cons of it.
What basically is the Job of Estate Agent-
An estate agent can work independently or under a broker. There
are many agents working under a broker. Most often agents are
confined to the estates of a particular area. This job is best
suited to those who have excellent interacting skills or those
who like communicating with people. Estate agents have the
advantage to work liberally. But it requires acute capital
investment and endurance. Outlay comes in the form of opening an
office, advertisements and making contacts.
What it takes to be an Estate Agent -: Any 18 year old or above
individual can become an estate agent. In order to be so, an
individual has to join a training college, which will not only
impart usual knowledge (rules and regulations and strategy to
work) and skills to this business but will also facilitate him
with a license. There are many colleges and courses available in
this regard. However, try to join the best or eminent college in
your area and the course that meets all your essentials. There
is ample of information online and in yellow pages with respect
to this.
Any individual meeting the age criteria and can apply for a
license. The license is given on the grounds of performance in a
test. In order to take the test, fees has to be paid. The amount
of the fees and the format of the test vary from state to state.
But everywhere this test comprises of questions on English, Math
and your wisdom about the job of an estate agent. This license
thus procured has to be renewed within a span of time like two,
three, four years or so. The duration also depends on your state
government.
The merits and demerits-
Like every job or business, the task of estate agent too has
several pros and cons attached to it. * There is an opportunity
to work democratically as an estate agent. There is no pressure
by seniors and thirst to impress your boss here but on the same
hand large amount of money is needed to make your business a
success story.
* Working independent makes you the sole master of your
earnings. There is no sharing of it with other agents. But lot
of risk is involved in running your own business for it is quite
possible that even after some years of your work you may not be
able to incur any great profits.
* The job of an estate agent requires you to be clever and hard
working. There is lot of competition in this area. It is upon
you that how you make the deal possible by outwitting the rest
of the agents of your area.
* Those agents who endeavor to make money by hook or by crook
do not flourish for long. Being adroit in business does not
implicate cunningness. The state laws should be followed
throughout and one should never aim to deceive the client or
government. The amount of margins is fixed and legal on a deal.
To accrue benefits apart from that is illicit in any case.
About the author:
Mansi gupta writes about
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