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.
Wednesday, January 7, 2009
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