Rewards of a Career in Real Estate          

A career in real estate provides flexibility and freedom to set your own pace. Income directly reflects your efforts, with no limits on what astute, hard-working men and women can earn. Successful people in real estate are goal-oriented, persevering, self-motivated, ambitious and people-oriented. The rewards of a real estate career are a potential for high earnings, status in the community, autonomy, time freedom, helping people, the intellectual challenge and the satisfaction from those accomplishments.  Working in real estate allows for independence and choices of environment in which to work.

Education for a Career in Real Estate            

Colleges and universities now offer a variety of real estate and related courses. At many of these colleges, students can specialize in a program that leads to a bachelor’s degree in real estate. Some universities offer graduate level courses. Contact your local public library for university and real estate college course information and directories. Contact Michael Urie @ Solid Rock, Realtors for any upcoming classes that may be scheduled.

Continuing Education in Real Estate            

Formal education is available while working in real estate. The NATIONAL ASSOCIATION OF REALTORS® and its Institutes, Societies and Councils sponsor continuing education programs for members, and award designations for specialty areas of real estate. Continuing education increases knowledge and skills, improving earnings potential and enhancing opportunities for success.

Careers in Residential Brokerage        

Helping people buy and sell homes is one of the most important and basic services a real estate agent performs. Agents are experts in the process of buying and selling property, financing, government programs, etc. The real estate agent’s expertise facilitates the transaction, saving clients time, trouble and money. Real estate professionals need to have a thorough knowledge of such areas as real estate law, local economics, fair housing laws, types of financing, mortgages and government programs.

Income as a Realtor

Usually, when starting a new job, we know how much our annual salary will be and that it will be paid in regular instalments.

As a new REALTOR^®, however, it’s slightly different because there are a few variables to consider:

• instead of receiving a set salary, your income will be based on a commission
• for each sale, you will need to negotiate a commission rate either with your client if they are selling, or with the seller’s REALTOR^® if your client is buying
• each home sale you’re involved with will have a different listing price
• the number of sales you make each year will vary
• local and national market conditions

Based on these factors, determining how much annual income you can expect when you begin can be hard to predict.

If you think a rewarding career in Real Estate could be the key to your success call Michael Urie today at 918-637-3415 to discuss your possibilities.