An estate agent is a person doing a business that arranges the selling, renting, purchasing and management of properties and buildings. The real estate agents in Kleinburg are performing their duties in the best possible manner.
Who can be an estate agent?
It’s a common misconception that “Anyone can be a Real Estate Agent”
That’s not necessarily true. There are tons of people who are unsuccessful in this field. With over 108,000 agents in Canada, there is only one estate agent for 245 Canadians. Very few of them are successful in their careers.
How to become an estate agent:
In order to perform the duties and responsibilities of a real estate agent, there is no need for any formal education. However, studies in business, engineering, surveying or estate management can be of great help for the people involved in the role of estate agents. Therefore, those individuals who have previous experience in administration or sales can easily pick up the role of Estate Agents.
Conditions to be the real estate agents in Kleinburg:
Following are some conditions to be an estate agent in Canada,
- Taking real estate education, attending minimum no. of instruction hours.
- Meet your state’s minimum age and educational requirements.
- Pass the state exam.
- Work under a licensed broker.
- Study your market requirements.
- Have some savings on your hand in the first year of your job.
- Keep learning with a positive attitude.
- Don’t lose heart even at your personal loss at the starting of your business.
The process to become an agent:
Real Estate Agents go through a long process to become agents. It’s all because someone has to take a Canada Real Estate Agent course and pass, it doesn’t mean that they are qualified enough to rent or sell your house because if an estate agent has best marketing skills, he can earn millions of dollars in a month after subtracting marketing expenses and taxes even.
Details of this business (earning):
Basically, this job is commission-based. It means “No sales, no money” Even a lot of estate agents get loss in this field due to the lack of skills required for this field. But many Canadians do this work as their part-time job and there a many who end up with commissions of million dollars per month and even 6 transactions per year. Because it all depends on the agent’s personal skills to make people trust him. Normally estate agents in Canada make $45,000 per year.
To be a successful estate agent, they have to work at least 40 hours a week. The estimated earning of a successful estate agent is $100,000 per year or $51.28 per hour.
At the starting of this job, they can earn $30,000 per year and the most experienced workers can make up to $1,70,000 per year.
Requirement:
Becoming successful and making a sustainable income as a real estate agent requires a lot of hard work, time, effort, struggle, and even money.
Skills required:
There are a lot of skills required to become an estate agent. A real estate agent should be,
- Ambitious
- Charisma
- Polite and friendly manner
- Ability to multi-task
- Good administration skills
- Impressive negotiating skills
Roles of an estate agent:
- Assist owners in selling properties by asking prices and ranges of people.
- Advertising the property by using different means.
- Help prospective buyers in selling, visiting, inspecting and making offers of purchase on properties.
- Handling property auctioning.
- Arranging maintenance of properties.
- Show properties available to buyers at suitable times.
- Creates reports about sales.
- Be innovative about suitable selling methods.
- Helping clients with negotiations, contracts, and inspections.
Qualities of a real estate agent in Canada:
There are some very good estate agents in Canada that are offering impeccable services to all their customers. Their qualities are as follows:
Understanding:
These estate agents understand the real market very well and produce some good options for buyers.
Information about the property:
An estate agent must have all the information about the property location so that they can efficiently market to people who may be interested in either buying or renting a property.
Negotiations:
They should negotiate with buyers on behalf of owners who want to rent or sell their properties.
Interaction:
They should frequently interact with surveyors, solicitors, building societies and banks while conducting transactions on their clients’ behalf.
