why real estate agents must need a laptop? write in 700 words
A great many new real estate agents never make it through their first two years. Some underestimate expenses and overestimate income, a deadly combination. Others rely too much on old industry truisms that aren't as valid in the real estate world that has developed in the internet-driven years since the Great Recession.
Knowing when to follow conventional wisdom and when to pursue new tactics will help you create a successful real estate from the beginning of your career.
While knowing good sales tactics is beneficial to real estate agents, you don't always need to make the hard sell. In fact, there are many times when separating yourself from the stereotype of a pushy real estate salesperson can help your career.
Early in your career, excellent photography skills and the ability to write compelling descriptions about listings will go much farther than selling skills. Even if you're starving for a deal, think of yourself as a consultant, rather than a salesperson, for better results.
You'll also want to focus on your soft skills, including people
skills, self-motivation, and problem-solving, which are some of the
top abilities that real estate agents need.
The majority of real estate agents are independent contractors.2
Succeeding as an independent contractor, and being in control of
your growth, means thinking like a small business, rather than as
an employee.
Invest in relationships, work towards long-term goals, and learn
what you can about marketing. From the beginning of your career,
create a business that is portable, flexible and able to move and
grow with you. You'll be much more able to weather changes in the
market than someone who isn't thinking like a business owner.
When you're thinking like a business owner, your long-term success
depends on many things. A good beginning business plan is one of
the most important.
Don't let your enthusiasm for getting a client right away keep you from important business organizing and planning tasks. Take time to understand your market and customers. Identify what sets you apart from other real estate agents.3 Develop the right tools and skills to ensure your business grows, and educate yourself on any important skills that you currently lack.
While you are growing your prospect base, think beyond just
getting your first client and have a concrete plan for how you will
grow your business.
Many early-career real estate agents focus on immediate successes,
like getting the first client or making the first sale. But while
you're making those early milestones happen, keep your spending in
check. It can be tempting to spend whatever it takes to jumpstart
your real estate business, but you'll be in business for longer if
you keep an eye on cash flow.
Most successful real estate agents spend a significant amount of their time outside of the office, and there are a variety of technology tools available to help them stay connected with their office and be more productive. Selling real estate requires agents to be responsive and minimize turnaround times for supplying information or sharing important documents. Real estate agents who want to gain an edge on their competition can employ technology to help them market their business and close deals quickly.
Most successful real estate agents spend a significant amount of their time outside of the office, and there are a variety of technology tools available to help them stay connected with their office and be more productive. Selling real estate requires agents to be responsive and minimize turnaround times for supplying information or sharing important documents. Real estate agents who want to gain an edge on their competition can employ technology to help them market their business and close deals quickly.
Smartphones have become an essential device for on-the-go real estate agents. In an article for the Center for Realtor Technology, Realtor Mark Flavin said that consumers expect real estate agents to be available 24 hours a day and to respond to requests for information as quickly as possible. This change in consumer behavior means that for many real estate agents, a smartphone is needed to respond to emails, text messages, voice mails and instant messages, according to Flavin. In addition, agents can use their smartphone’s built-in camera to take pictures or video of a property and upload it to the Web without having to use a desktop or laptop computer.
Numerous applications are available, especially for the iPhone and Android-based devices, that can help real estate agents be more productive and provide information to their clients. House Hunter, an iPhone app, allows real estate agents to work with their clients to find the clients' dream home by using a scoring system that rates a home by its key features. The app gives each home a score based on the customized ratings provided by the buyer. GreatSchools gives consumers access to kindergarten through grade 12 school districts nationwide, including parent reviews and test scores. Houzz, an iPad application, makes it easier for buyers to find interior design ideas for their home.
Real estate agents can more easily share and collaborate on files and documents by using services that take advantage of the cloud. These online services eliminate the need for emailing documents back and forth or the hassle of fax machines. Dropbox is a downloadable application that, when installed on a computer, designates a new shared folder within that user’s desktop. When one user makes a change to a document, any user who has access to the same shared folder will have instant access to the same shared folder’s contents. Similar services are offered by Box.net and SugarSync. Real estate agents can also share and edit documents online using Google Docs, which also provides the capability to chat real-time with other people viewing and editing the same documents.Apart from the screen size, the resolution of the screen is also quite important. You should consider getting a laptop with excellent color reproduction features. That way, your clients can see the true image of the property, which in turn can influence their buying decision
According to a new report from the Wall Street Journal, female real estate agents sell more homes per year than male real estate agents do. You, the head of a large real estate company, want to know if this is true within your organization, so you sample 55 women and 37 men. From the sample, you find that the female agents sell an average of 25.2 homes per year with a standard deviation of 7.7 homes. The male agents sell...
Note: two different statutes govern disclosures by sellers and real estate agents. One statute requires, with some exceptions, sellers to give buyers of one to four residential units a TDS form showing all issues that go to the value or desirability of the property. A different statue requires real estate agents involved with a sale of one to four residential units to do a reasonably competent and dillegent visual inspection of the property and there are no exceptions. The law...
According to a new report from the Wall Street Journal, female real estate agents sell more homes per year than male real estate agents do. You, the head of a large real estate company, want to know if this is true within your organization, so you sample 55 women and 37 men. From the sample, you find that the female agents sell an average of 25.2 homes per year with a standard deviation of 7.7 homes. The male agents sell...
real estate, please no hand written. thanks [true/false] Every State in the United States require Real Estate agents to take tests to obtain a real estate license? 1. 1 pts 2. What are the two levels of licenses for real e estate agents? 2 pts 3. [true/false] Real estate is a piece of land that includes the ground, and any fixed or loose buildings on it. 1 pts 4. Real estate developers must comply with what two city requirements when...
Online aggregators are more comprehensive than the home listing service that real estate agents use. True or False?
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1. Describe in detail the differences between being a real estate agent and being a broker. Include (but don't limit your essay to) discussions of responsibilities, lifestyle, income opportunity, and the many pros and cons of each role. For the broker, focus on the job of starting and running a brokerage with agents beneath you. Write a minimum of 500 words.
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NOW, imagine we selected the following individuals from a different real estate group in the company Student Their Research Methods II Grades E 10 F 12 G 7 Н 8 10. With your discussion group, tell me if this new sample of agents (E, F, G, and H) differ significantly from what you would expect given the population of whole company. Hint: It might help to work through the eight steps again, but all I need to see for this...
Suppose a real estate investor owns several real estate investments, each purchased at "informationally efficient" prices (i.e., where all relevant information about the assets is known prior to purchase for this tax cohort. In other words, where each investment was purchased with a zero net present value). a) What is the impact on the investor of adding another real estate investment also with a net present value of zero? b) If mortgage debt is used to purchase real estate investments,...