Tuesday, January 13, 2009

Reflection

Business Marketing/ Real estate
By: Demetrius Edwards

During my career project I studied business marketing and real estate and I learned a lot. This project was so important to me because I did lots of research on the career that I’m choosing for my future. It taught me the good and the bad so that if I do choose to follow in this lifestyle then I’ll know the ups and the downs. I first researched business marketing the followed up with real estate.

While doing my research on business marketing I learned that it is not all that easy to jump into this career. Even though it may be tough it still doesn’t push me away from pursing my career. I’m still interested in business marketing, because owning my own store or any business has always been a dream of mine. Some people may say that it’s tough to accomplish this goal, but in my mind nothing is hard if only you apply your abilities to learn. I have a couple of people in my family that have been running business for a period of time now and even though the economy is not doing so great right now they are still managing to get through the tough times and they are my role model.

Speaking of role models I have couple of them. Mr. Ken Barnes whom works in the school that I attend and also my cousin Rodney Copper, they both work in the field of real estate. They both taught me a lot about how to be successful and what to watch out for when I ever do make in their shoes. The most valuable thing that I learned from doing my mentorship was always become flexible with your buyers. No matter if you want to sell your land, house, or etc if your customer does not have all of the money that you are expecting then bend a little with them and this way that you know that since you showed them some love that they will always come in contact with you when they choice to move again. Another beneficial thing to become successful was to not only work for the money, but to enjoy what you do and this will help you out as a realtor by people spreading the word of you.

If I were to pursue this career then I would choice being a realtor, because I think that I’m good with talking to people, I’m very persuasive to get you in my comfort zone, and I’m good at selling my self. Running my own real estate company would be even better, because then I would be able to pursue both of my goals by owning a company and becoming a realtor doing something that I think I’d love. Hopefully that since I have someone in my family that choose the same path that I’ll be token under his wing and showed more then I already know.

Through all the hard work that I did on my research project I really believed that it really strengthen me in numerous ways. It taught me that I’ll have to become patient, because this career doesn’t happen over night it takes school and more school and also lots of your time, but it’s worth it in the long run. I’m glad that I had the opportunity to work on this project and on something that I look forward to doing in my future.

Wednesday, January 7, 2009

Mentornship

Business Marketing/ Real Estate
By; Demetrius Edwards


Hi my name is Demetrius Edwards and I am doing my research paper on business marketing and also on being in the real estate business. I have no experience at this time to run my own but for the last couple of days I have been talking with my cousin Rodney Copper and also a good friend at school Mr Ken Barnes. They have a lot in common because their in real estate. While I got a chance to talk to the both of them they basically schooled me on the same things.





My first question was what are the steps of becoming a real estate agent. Well you'll have to first sign up for a class through school (colleges or schools that teaches the classes) for at least eight - ten weeks. Then after that you have finished that class you have to sign up for a licence test from the state. Just because you are doing the classes and may even finish them and the licences test, your licence are still inactive until you find a real estate company that you can work for.





Next I asked what type of work do you do in this business. From Mr. Barnes, he told me that he likes to work in first time home buyers. There are many reasons why he choose to do this type of work one is because he is good with people and he knows how to attract the attention of the home buyers. Another reason why is because he wants to be not only their realtor for that one house but for every time they want to move then they'll always call on him. Then my cousin Rodney cousin sells property and land. The reason for this work is because people by houses everyday and think bout it they have to find property and land and actually he's the one that sold my mother her land. I have also have been with him while he was making propositions for others who fell into the interest.



While doing this mentornship I also asked if this career was a guarantee pay and I heard what I thought I was going to hear. In this career its a commission based business what every you may sell has a percentage on it given to you by the real estate company you may work for. Trying to make lots of money is based on marketing and selling yourself. What I mean by that is when you are marketing then you just may have homes of land with a for sell or rent sign in the yard. When I'm talking about selling yourself I'm talking about promoting what you do for a living. Going from door to door handing out your cards, in the public, and etc. since you have so many task that you have to you will soon get calls and you will start offering and that's when the pay is good and the best way of getting buyers is word of mouth from your other customers.





Being a realtor you might have to take many chances to with your investments and learning to be partners. There is so much competition and sometimes you might have to link up with them, lets say for instants you have buyers to buy a house that describes the same as another realtor owns, but you want to make something out of the deal because you have the buyer then you and the other realtor would have to set a commission or percentage of what the buyers spending. Now if you a buyer that has already or maybe a person who don't even knows you and your price is to high for them then in order to succeed in this career you have to be flexible. By you doing this then you should always have them as a buyer and hope that they'll spread the word about how understanding you are.


This project really helped me out with the stuff that I didn't know about this career. Right know (speaking on the time that the world is going through a recession) It's kinda hard for any realtor because of the economy. Although when it's all together the best or booming season for realtor's is in the summer and spring when it's hot out, because during the winter in the cold how many people do you know would like to travel and move from house to house? I would like to thank Mr. Barnes and Rodney Copper for their amazing time and I hope that this helps me out in my future.