About the Job
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Real Estate has to do with buying or selling property (land) for others. A Real Estate Agent gets paid when they sell the land then they get their commission. Another job that relates to a real estate broker is an Appraiser, Real Estate. An appraiser determines the value of a property by examining it thoroughly. A real estate broker appraises property value, compares property with similar properties to determine the competitive market price. They also obtain lists of properties for sale using a computer. In 2013 the annual wage in California was $94,600.
Some skills required to become a Real Estate Broker is being able to speak to others effectively, persuasion which is changing others minds or behavior, and active listening which is giving full attention to what other people are saying.
This image shows a man with what seems to be a map of the house. He is the Real Estate Appraiser which determines the value of the land depending on the condition of the land, condition of the house, entertainment in the area such as malls, parks, and grocery stores. There are many things that apply to the appraisal of a house.
Some skills required to become a Real Estate Broker is being able to speak to others effectively, persuasion which is changing others minds or behavior, and active listening which is giving full attention to what other people are saying.
This image shows a man with what seems to be a map of the house. He is the Real Estate Appraiser which determines the value of the land depending on the condition of the land, condition of the house, entertainment in the area such as malls, parks, and grocery stores. There are many things that apply to the appraisal of a house.
Costs of College
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Cerritos College Annual Tuition: $6072
Los Angeles Trade Tech Annual Tuition: $6160
A real estate broker usually needs training in a vocational school related on the job experience or an associates degree. In order to get a Real Estate Broker License you must complete eight college courses which include Real Estate Practice, Legal Aspects of Real Estate, Real Estate Finance, Real Estate Appraisal, Real Estate Economics or Accounting, and three different courses in the field
This image shows a female real estate agent in front of a home with a for sale sign in front. She is holding what seems to be some important documents. As you can see she is very professionally dressed and ready for house buyers. The agent must be appealing enough to make buyers comfortable talking with the agent.
Los Angeles Trade Tech Annual Tuition: $6160
A real estate broker usually needs training in a vocational school related on the job experience or an associates degree. In order to get a Real Estate Broker License you must complete eight college courses which include Real Estate Practice, Legal Aspects of Real Estate, Real Estate Finance, Real Estate Appraisal, Real Estate Economics or Accounting, and three different courses in the field
This image shows a female real estate agent in front of a home with a for sale sign in front. She is holding what seems to be some important documents. As you can see she is very professionally dressed and ready for house buyers. The agent must be appealing enough to make buyers comfortable talking with the agent.
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This image shows what is called a listing. A realtor usually has to do research and look for homes that are put up for sale. These are sent to a real estate agent which is in charge of contacting the owner to offer the service that the firm offers. Usually a realtor would get an assistant to do this.
Advantages
- You’re an independent contractor and control your own book of business. You make the decisions. With a positive attitude to work there are no ceilings holding you from what you can make. You don't have to work for anyone unless you choose to.
- In most states you can complete the courses required to become a real estate broker within a few weeks or months. It all depends on your state regulations. Obtaining the license doesn't take that long.
- Your income isn’t limited by a wage. Your profit is limitless, it all depends on time invested in work. If you work a lot and invest time then your earnings are likely to be higher.
- You don’t work a mundane 9 to 5 job. Real estate agents set a day-to-day work schedule that works for them. Much of a real estate agent’s time is spent socializing, meeting people, and building relationships. It's as if you are not working because you are traveling to different sites.
Disadvantages
- There is an investment in time, money, and effort required and it doesn't come with guarantees. Passing the state real estate licensing exam is difficult and might have to be retaken more than once. Basically the hardest part of obtaining the license is passing the test.
- You must have a flexible schedule and be ready for a client. You might work when others aren't and it can interfere with the time you are normally with your family.You must be ready to attend a client and agree to their assigned time.
Observation
What I learned is that to become a Real Estate Broker you must be able to socialize effectively. If you are selling property you want to get the news out to everybody. You must also be very convincing (persuasive). I also learned that depending on location where you will work is how good money you will make. For example Texas isn’t a real good place for Real Estate and that Seattle is the best place for real estate. I see myself in this job ten years from now but as a side job, I’m not sure whether to become an orthodontist or electrical engineer. Taking classes in Real Estate will help me because I plan to buy and sell property for myself.
"California CareerZone." Announcements RSS. N.p., n.d. Web. 20 Oct. 2014.