How to Become Series: Realtor
Thinking about the world of real estate? A tough career with huge rewards
Oct 3, 2006
Overview of the Job
Real estate agents, basically, assist people in buying and selling homes and property. The agent must have a thorough knowledge of the real estate market as well as excellent marketing skills. They may be contracted to sell houses, condominiums, land, offices, etc. They often assist the buyer in finding the proper financing. They may help the home seller find another house. They must know how much the client can afford, deadline for moving, school district needs, desired house type, etc. When the agreement to buy is reached, the agent prepares the contract for both buyer and seller.
It is not unusual for two agents to work on the same house or property, one for the buyer and one for the seller. The real estate agent typically works out of an office owned by a real estate broker. Much time is spent showing houses or property to potential buyers. This job often requires more than 40 hours a week, and it is common to work evenings and weekends. This is a commission job, with the agent being paid a small percentage of each sale.
Education and Experience Required
- Licensed by the state
- At least 18 years of age
- Attend special real estate school for several months
- Pass written exam
- Outgoing personality
- Excellent marketing skills
- Very good communication and people skills
Future of the Occupation
There will continue to be a future in this job. The turn over rate is fairly high, so there are continually openings. There will always be a place for an excellent sales person in this field.
The median pay for this job is between $23,500 and $55,000. Very successful agents earn much more.
