A real estate agents working environment can be fast paced,frantic,edgy, and very competitive.
Some real estate brokers and sales agents work in typical office environments, while others work out of their homes. In both cases real estate workers spend much of their time away from their desks, showing properties to customers, traveling to see properties for sale, and meeting with prospective clients. Workplace size for real estate brokers and sales agents can range from a one person business to a large company with with numerous branches. The employment of real estate agents and brokers is projected to grow 6 percent from 2016 to 2026,which is about as fast as the average for all occupations.Brokers and sales agents earn most of their income from commissions on sales. The commission varies by the type of property and its value. Commissions often are divided among the buying agent, selling agent, brokers, and firms.The median annual wage for real estate brokers was $56,730 in May 2017. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $24,160, and the highest 10 percent earned more than $151,660. Many real estate brokers and sales agents work more than 40 hours per week. They often work evenings and weekends to accommodate clients’ schedules. Many brokers and sales agents spend a significant amount of time networking and attending community events to meet potential clients. Although they frequently work irregular hours, many can set their own schedules, some brokers and sales agents work part time.
A simple profit loss is going to show you what’s working, what’s not. … You’ve got to track.
The more checks and balances you have in place, the more successful you’ll be and the more you’ll know right away if you’re off your goal or headed towards your goal.
(Work Cited)
www.pexels.com/photo/building-metal-house-architecture-101808/.
“Summary.” U.S. Bureau of Labor Statistics, U.S. Bureau of Labor Statistics, 13 Apr. 2018, www.bls.gov/ooh/sales/real-estate-brokers-and-sales-agents.htm#tab-6
Tuesday, May 22, 2018
Wednesday, May 16, 2018
News about Real Estate
The article published by Kenneth R.harney on the The Washington Post brings to light the new trend of data showing the growing numbers of single women purchasing homes in Washington. According to a Survey by The National Association of Realtors, single women account for 18% of new home purchases, compared to their single male counterparts of 7%. Home realtors are purposely expanding their home designing styles to appeal to women's preferences, including singles. Pat McKee, the president of Pat McKee Homes, says that The North Carolina markets have also noticed the increase in amount, up to 50% in single women in their 30s, 40s, and above. Ralph McLaughlin the chief of economist for consulting firm Veritas Urbis Economics, citing from The U.S. Census Current Population Survey which covered 60,000 households, found that home purchases by singles (including widow, never married, and divorcees) hit the highest record of 22.8%. According to Jessica Lauts the director of demographic and behavioral insights for the National Association of Realtors, women are more likely to see buying homes as an investment. On average, women buy slightly more expensive homes, comparing $185,000 to $175,000. Many of these buyers state that they are tired of apartments and are now confident enough to buy new homes with the mindset that they are able to triple their profit, and the rising prices in real estate are only of more motivation for them.
I found it more feasible to buy than expected, Fleming said in an
interview. She definitely looked at it in investment terms, but
most important of all, I had gotten to the point where I wanted having
a place that’s really mine, where I could make the changes I wanted.
Now, financially, it was a possibility.(Harney, ) pexels (Work Cited) Harney, Kenneth R. “Single Women Account for More Real Estate Purchases than Single Men.” The Washington Post, WP Company, 9 May 2018, www.washingtonpost.com/realestate/single-women-account-for-more-real-estate-purchases-than-single-men/2018/05/08/0f3cee66-521e-11e8-a551-5b648abe29ef_story.html?utm_term=.6b817cdb8eca
“Https://Www.pexels.com/Search/Real%
20estate/.
interview. She definitely looked at it in investment terms, but
most important of all, I had gotten to the point where I wanted having
a place that’s really mine, where I could make the changes I wanted.
Now, financially, it was a possibility.(Harney, ) pexels (Work Cited) Harney, Kenneth R. “Single Women Account for More Real Estate Purchases than Single Men.” The Washington Post, WP Company, 9 May 2018, www.washingtonpost.com/realestate/single-women-account-for-more-real-estate-purchases-than-single-men/2018/05/08/0f3cee66-521e-11e8-a551-5b648abe29ef_story.html?utm_term=.6b817cdb8eca
“Https://Www.pexels.com/Search/Real%
20estate/.
Wednesday, May 9, 2018
Information about real estate
A real estate agent is someone who helps people sell, rent or buy a home or piece of property, the property's can range from apartments to mansions. When working in real estate is is important that you have a good attitude towards your clients because it can make a major difference in whether you sell the house or not. It is also important that you know the market value of houses in the area of which you are trying to sell and be able to negotiate on the house prices. "Anytime you can help someone and give them something of value, it makes it easier to do what you want to do, by being able to leverage your skills and existing knowledge base"(10). If you are looking to get involved in the real estate business the minimum school requirement is a high school diploma but the most common degrees are business management and administration degree. The skills required to be successful in the real estate business are good communication skills, good negotiation skills, to be honest and have integrity and be responsiveness.Most people who start off in real estate expect the money to come in right away but it's more than that, it takes time and you have to invest your money in your own business that's only if you want to be a independent agent. If you want to work as an agent for a company then all you have to do is sell and negotiate house prices and you would be able to work part time, but you might not make as much as an independent agent.
(Activerain) |
(Work Cited)
ActiveRain. “Energepic.com.” Energepic.com, www.pexels.com/photo/architect-composition-data-demonstration-313691/.
https://www.bls.gov/ooh/sales/real-estate-brokers-and-sales-agents.htm#tab-6
“10 Real Estate Quotes from Celebrity Agents.” Placester, 12 Apr. 2018, placester.com/real-estate-marketing-academy/real-estate-quotes/.
https://www.bls.gov/ooh/sales/real-estate-brokers-and-sales-agents.htm#tab-6
“10 Real Estate Quotes from Celebrity Agents.” Placester, 12 Apr. 2018, placester.com/real-estate-marketing-academy/real-estate-quotes/.
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