Real Estate Market: What Does It Do | How To Succeed And How Much Does It Earn
The realtor is an essential professional in the real estate market. That’s why this activity has several benefits. Check out this comprehensive guide now to understand what you do. How to become one, how much you earn, and how to be a successful trader.
- The real estate profession is one of the fastest-growing.
- To give you an idea, there are 2,000 new realtors per month, totaling 400,000 around the country.
All this success, in fact, is quite simple to explain.
After all, we are talking about a job that allows flexible hours, the possibility of having your own business and financial independence through high commissions that depend only on your own effort.
Inspired by all these benefits, many people are interested in being realtors at rudn enclave islamabad plan, but they don’t know the details of the profession or where to start.
If this is also your scenario, know that this post was tailor-made for you.
What does a Realtor do?
The realtor is the professional who intermediates any real estate transaction.
In other words, in short, he is responsible for attracting new business, serving potential customers and selling, renting, buying or exchanging the property.
In this context, the broker must also carry out some more specific activities.
Check out the ones that are part of the professional’s daily life:
- Evaluate the sale, rent or exchange price of the property;
- Capture properties available for transaction;
- Prospecting potential customers;
- Serving potential customers;
- Make visits to properties;
- Provide full transaction advice;
- Analyze and provide the property documentation;
- Agree on the price and terms of the transaction;
- Signing the sale, purchase, rental or exchange contract for the property with the client.
In addition, with experience as a realtor, you still have the possibility to enter areas such as real estate appraiser, real estate correspondent or condominium manager.
Given all this scenario, we were able to conclude that the function and role of the realtor is strongly linked to the practical part of the real estate market.
How to become a Realtor?
The profession of real estate broker has been regulated for over 40 years in Brazil by law 6,530.
In it, all the legal bases for the activity are established, as well as the ways to be a realtor.
In short, you will need to: take a course, enter an internship and officially register with the Regional Council of Real Estate Brokers (CRECI).
Check out now, with details, more about each of these steps.
Course for Realtors
The first step in becoming a realtor is to take a vocational course.
For this, you must be over 18 years old, have completed high school and choose from three course options: the Technician in Real Estate Transactions (TTI), the Technologist in Real Estate Management or the Superior in Real Estate Sciences.
- Real Estate Transaction Technician (TTI): The TTI is a course that enables professionals to work in the purchase, sale and lease of real estate. The average duration is one year and topics such as financial mathematics, architecture and legal issues are covered.
- Technologist in Real Estate Management: Course focused on deepening the practical and legal part of the profession, in addition to enabling a deeper assessment of the market. The course is technical, but offers a degree at a higher level, and has an average duration of two to three years.
- Higher in Real Estate Science: The most complete course when the subject is real estate science. Its modality is on-site and lasts on average four and a half years.
phase
After enrolling and starting the course, it’s time to start a monitored and mandatory internship.
For this, you will need to go to CRECI with an accredited broker, who will be your technical manager, to request an internship application.
At this point, you will need to make an application and pay some fees.
To get the internship, you can turn to a professional you already know or get information by calling real estate agencies in your region that are accepting intern brokers.
Here, it is still important to emphasize that the technical manager, the person who will sign your attendance and workload documents, should play the role of “mentor” free of charge.
That is, without charging you for sales commission and the like.
Read more at: Choosing Right Real Estate Agent