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How to Become a Real Estate Agent

A real estate agent’s role is to be contracted by a proprietor willing to sell or rent his property. Once contracted, a real estate agent will aim to find a buyer or a renter and relay the offer or lease to the owner.

A real estate agent is an intermediary between an owner and a purchaser of real estate. The real estate agent, in order to rent or sell a property, must have several qualities. In a rural area, a driver's license is compulsory and a car, especially in big cities, is a must. Being able to relocate easily is essential, as a real estate agent attends appointments outside throughout his day.

A real estate agent must also possess certain human and relational qualities. Persuasion, communication and negotiation skills, resistance to stress and creativity are also essential. A real estate agent carries out transactions involving the sale, purchase, exchange, rental or sublease of real estate (industrial premises, apartments, houses, garages, office buildings, etc.) or businesses.

Indeed, this intermediary must first persuade the owner to entrust to him the sale or the rent of his property and must also convince the buyer of the virtues of the property in question. The love of human contact and a spirit of persuasion are other qualities essential to the practice of the profession of real estate agent. A real intermediary between a seller and a buyer, or between a lessor and a person seeking a lease, the real estate agent must, under the responsibility of the director of his real estate agency, carry out certain tasks.

The realtor has to be more than just a good negotiator. To manage a schedule that is often loaded, the real estate agent must also possess organizational skills. This work also requires some rigor.

A good knowledge of real estate law and the evolution of the legislation is imperative to properly advise the owners, purchasers and candidates for a rental. A real estate agent must define with the owner the sale or rental price and, if applicable, the cost of the charges, place advertisements and display the real estate available in his agency and display the real estate to the buyer or perhaps the individual wanting to lease the apartment.

After visiting the property, the real estate agent accompanies the purchasers in their financial and administrative procedures. He informs them about the credit formulas, follows closely the deadlines for obtaining their loan, informs the seller on the mandatory certificates and informs the future tenants of the documents to be produced. Based on the data collected (surface area, cost of charges and taxes, budgeted or planned works, etc.), he seals an agreement with his client in the form of a sales or rental agreement, in which is specified a price.

After obtaining the training entitling the use of the professional title, a real estate agent often begins his career as an employee of a real estate agency. As a result of his experience and the development of his network, he can become a real estate negotiator and manage the most profitable transactions. Depending on his ambitions, a real estate agent can also take the lead of an agency, or even set up his own business.

He may also have to relocate to surrounding buildings to sign new contracts. Depending on the size of the agency, the real estate professional sees himself, most of the time, in charge of real estate for rent. A real estate agent must collect offers or files submitted by candidates for rental, ensure sufficient revenues from property candidates and present offers of purchase or tenant files to the owner.

A real estate agent must also search for real estate (apartments, houses, businesses, offices) for sale or rent and sign an agreement with the owner. A real estate agent must also tell the buyer, or perhaps rental aspirant, of the owner's choice, go along with each party in the signature of the contracts, give up the keys to the different proprietor or perhaps renter as well as, should this become required, compose a record of the real estate.

The real estate agent must be responsible for all the legal texts in force, the new environmental regulations, tax rules, etc. If he wants to run his own agency, dynamism, management skills and management knowledge will make a difference. The real estate agent contacts a real estate owner and a candidate to buy or rent. Persuasive, rigorous and organized, the real estate agent most often works within a real estate agency.