Introduction
People have different tastes and preferences in life on their career objectives to pursue. This might be dictated by several factors such as the role models; the course one has pursued either as a profession or in any other field. In addition, this might be caused by the influence of the remuneration from the career that may include the basic pay as well as other forms of commissions and benefits. However, others consider career choice from the perspective of career growth. This paper seeks to explain or give a career plan for a realtor agent and then develop it for a realtor broker.
Description of the field
A realtor or a real estate agent is a party who acts as an intermediary between sellers and buyers of real estate or real property. A realtor attempts to find buyers who wish to buy as well as sellers who want to sell. The realtor at times helps the seller in advertising and market the property. When the realtor finds a buyer, his/her aim is to sell the property at the highest price possible under the best terms (Fisher 34). They discuss with the buyer and then take the buyer to see the property. During this process, the realtor also acts as a financial advisor to the buyer if the buyer does not have enough money to purchase the property.
They give them advice on where to access cash at favorable terms (Darryl 26). The remuneration of a realtor in most cases is hefty commissions from the sales. Therefore, the more deals the realtor makes, the more they pay. This career gives the chance to choose what one wants as the income. A realtor, therefore, must be someone who is hardworking and has the ability to prospect. The career of a realtor further has the advantage of being able to set his/her own hours of work.
Prospects for the future
Like any other career, a realtor must have options for the future. A person who is pursuing any career must set the objectives and vision for their future in terms of the level of management they will have raised to or in terms of finance as well as the customers in a particular span of time. A realtor as well must put all this into consideration since all of them will affect him/her. He/she must find ways of career growth from an agent to a broker.
Thus, they must work towards attaining the goals that will allow them to grow. On the other hand, a realtor must focus on finances that will result from the sales. Success in sales will result in a good income from the salary, but these two factors will be determined by the third factor, which is of prospecting and having a customer network. The more customers a realtor will have, the more the sales. Therefore, it is critical to establish a market to target that will give him/her potential customers to purchase the properties (Darryl 27).
These potential customers may include the senior government staff as well as civil servants, well paid in the private sectors such as banks, multinational companies, non-governmental organizations, and old business people. However, even people from other sectors who are potentials are also potential customers, but the trick used in this field is to concentrate in place with the majority of potential customers rather than focus on areas where potential customers are scarce.
Requirements for entry/ personal attributes
Though every country has, it is requirements for one to qualify as a realtor, the most common qualifications and personal details are; one must be 18years and above, have a degree or diploma in the related field, one must have good communications as well as personal skills (Connie 53).
The person must be fluent in the required languages depending on the customers to target. In addition, you must be aggressive at work, persuasive, be of sound mind, have the ability to create rapport as well as being of good health (in order to maintain the energy necessary to keep up with your clients). However, in some situations, this career requires one to be flexible since sometimes you have to view the property at late hours. A realtor must also have an excellent geographical coverage knowledge of towns as well as the knowledge of property price ranges (Connie 20).
He/she must also have a good understanding of laws governing the buying and selling of property, and finally, a realtor must be licensed to carry out the business under the acts of the country or state of operation.
A typical day at work
Under normal circumstances, a realtor works from the office. However, due to technological advancement, most of the information on properties is on the network, and most people prefer to work from home. In either case, there must be time spent in the field showing the buyers the houses as well as finding more about properties that might one day be for sale. Unlike other careers, the realtors work in the evenings or weekends since most buyers and sellers are mainly available during the weekends (Fisher 33).
History of the field
According to the Canadian Real Estate Association (2011), the history of real estate agents or realtors started in the United States back in the 1880s. However, this started as an informal association of local real estate. At the turn of the century, the number of real estate boards had risen to fifteen. In 1908, the first national association for realtors was formed in the United States. The National Association of Realtors (NAR) had 19 boards and one state association. However, since then, several associations have been formed, and the field of real estate agents/ brokers has grown in all parts of the world.
Company or institution specializing in this field
Swift real Estate specialists is a realtor specialist firm with it is headquarters in Elkin, North Carolina, United States. The firm has been in the real estate business for over 40 years, and its mission has been “caring for the people as they make the decision of a lifetime and delivering the highest level of service in the industry” (Swift Real Estate Specialists 2011).
Deborah Swift
She is the principal broker/auctioneer with Swift Real Estate specialists. As a second-generation Realtor, she has been in the field all her adult life. Together with her husband, Deborah owns one of the oldest real estates in North Carolina Street. She has pursued excellence in real estate service relentlessly. Deborah is a graduate of the Realtors Institute (GRI), a Certified Residential Specialist (CRS), and Certified by the Instructor’s Institute. She is a past president of the Elkin-Jonesville Board of Realtors and a past regional vice president of The North Carolina Association of Realtors. She loves to help people and gets excited when called to assist in matters of Real Estate (Swift Real Estate Specialists 2011).
The memorable incident involving the field
The most notable incident was when a customer requested a repair on the door, but the seller did not. The buyers were insulted at the seller’s dishonesty, and they picked out another house to make an offer. The owner of the former house refused to spend a little amount of money on repairing the door, and his home stayed on the market for many months (The Canadian Real Estate Association 2011).
Works Cited
Connie, Joyner. Realtors Never Die….They just Become Listless. New York: Constance P. Joyner, 2004. Print.
Darryl, Davis. How to Become a Powerful Agent in Real Estate: A Top Industry Trainer Explains How to Double Your Income in 12 Months. New York: McGraw-Hill Companies, 2003. Print.
Fisher, Steven. The complete guide to Real Estate Options: what smart investors need to know-explained simple. Florida: Atlantic Publishing Group Inc, 2007 Print.
Swift Real Estate Specialists, 2011. Web.
The Canadian Real Estate Association, 2011. Web.