Finding A Job In The Real Estate Industry
Just like with any other job, aspiring real estate agents should do interviews with
a couple of real estate companies before accepting a proposition or picking the firm that suits him the most. If you want to become a broker, you must first have a realistic assessment of your goals, expectations, and the kind of work environment you want to immerse yourself in. At any rate, here are some beneficial tips and advice you can use to help you land a job in the real estate industry.
Create a list of realtors you want to talk with: If you don't know where to find agencies, then real estate ads, the yellow pages, and the Internet are good places to start. The abovementioned resources also serve as good indicators of which company is the most appealing one to you and your sensibilities.
As a rule of thumb, the ads that "pop out" at you should be on top of your job listing checklist. Billboards, radio advertising, television commercials, and even "For Sale" signs you see in yards are also good places to do your research in when looking for a real-estate-related career.
Make appointments with the executives of the agencies in your checklist: This should be a no-brainer. In order to get your dream job as a real estate agent, you'll have to leave a good impression on your would-be employers. Of course, the larger companies will probably have recruitment managers or a human resource department at hand to accommodate you. Before going to your interview, stop by the agency to check out how applicants are supposed to be dressed.
Furthermore, make queries about the types of training the firm provides: Is the training free of charge or not? Are you expected to foot part or the bill or all of the costs? Do they offer a full-time mentor or trainer? You should also ask about how many new applicants were hired last year and how many of them are still working in the company. A high turnover rate should serve as a warning sign of sorts for a bogus or unpromising agency.
Ask if all brokers are scheduled for standard floor duty: Floor duty refers to a period wherein you have to work in an office instead of, say, on the site or neighborhood where you're supposed to do your real estate selling and negotiating. Study how leads (that is, the contact information of prospective clients or the clients themselves) are usually doled out during floor duty and at other times.
Find out which expenses are paid by the agency: You should ask several brokers for an inventory of startup expenses. You need to know as soon as possible whether or not you're contracted to join national, regional, or local professional organizations. You should also question the agents about any regular quarterly or monthly costs for membership too.
"For Sale" signs and other signs also cost money, so you shouldn't be shy about questioning whether or not agents are provided these materials free of charge. Other relevant expenses like stamps, photocopies, in-office computers and printers, general office-related materials, long distance telephone calls to clients, and so on should also be inquired about.
If you've found a particularly stingy real estate brokerage, you may be forced to bring your own laptop, make your own signs, photocopy your own documents, bring your own paper, and pay for your own long distance calls. You'll likely have a hard time getting your commissions and paycheck with this type of company.
by: Beverly Manago
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