Information About the Real Estate Sales Career
Real-estate agents work to make the home buying and selling process easier for clients. Armed with knowledge and training, a real-estate professional builds a business on listings and sales. Working as a real-estate agent takes dedication and patience. With proper training and work ethic, a real-estate agent can be successful.
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License
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Real-estate sales professionals are required to obtain a license. Each state has specific requirements for the real-estate license. To qualify for a license, the applicant must be 18 years old and have a diploma. The length of time, the types of examinations and educational requirements for real estate license are all controlled by the state. Depending on the state, a license may be obtained by attending college, seeking an online certificate or attending classes through an approved office. Agents are required to renew their license as specified by state law.
Job Description
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A real-estate sales agent offers assistance and information to home buyers and sellers. Agents offer home values and market analysis for clients. They are required to know the laws and regulations for the state where they are licensed. A client looking for a house can seek assistance from a real-estate agent to help secure financing. The agent can help complete contracts and arrange the inspections for both buyers and sellers.
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Commission
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Real-estate agents work for a broker. A broker is a licensed agent that has completed additional schooling to obtain and taken an exam to receive a broker's license. How much commission the agent is paid is based on the agreement with the broker. The broker keeps a percentage of the sale whereas the agents receive the agreed-upon amount. As an agent develops contacts and sells more property, he will generally get busier and gain income.
Job Conditions
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A real-estate agent is subject to work in a variety of conditions. She may have a location with an office, but much of her work is done outside. Viewing homes and showing property require an agent to be able to work long days with a great deal of walking. Even though an agent can control her own schedule, the hours are generally irregular and include evenings and weekends.
Areas Of Work
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Working as a real-estate agent can open many doors. Real-estate agents can become specialized in areas such as commercial or investment sales. Also, advancement is available for real-estate agents to work as property managers. Becoming a member of the National Association of Realtors give an agent the ability to access all of the member benefits such as listings and the extended code of ethics.
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References
Resources
- Photo Credit real estate image by Andrei Merkulov from Fotolia.com
