Looking For Side Income? Invest In Becoming A Real Estate Agent

In this modern age, good-paying jobs are hard to come by. But that is okay as there are many part-time jobs you can do to enhance your paycheck. One good opportunity is to become a real estate agent.

People will always need homes and flats to live in so it is a job that will make it into the future. Plus, it is a good way to pad your income through an additional salary plus commissions.

Take a few minutes to see how you can do it and improve your income.

Real Estate Agent Salary

What interests people most when they are looking at a side job is how much will they be paid. With the estate agent career, you can earn a tidy little salary for about 6 months plus commissions.

It is a great way to remain financially stable while you build your new estate agent career. If you are only working part-time, do not expect that guaranteed salary to be as high as a full-time estate agent gets.

That salary is between 15,000 and 25,000 pounds for 3 months and lower for the next three months after that. The brokerage firm will most likely negotiate a good salary until you get some experience under your belt.

But you are still expected to work hard and make sales as you learn, even if this is a side business for you. Think it through as there are some nice benefits and if you succeed, you can leave your old job and continue as an estate agent for many years to come.

How To Become A Real Estate Agent

When you are thinking about how to become a real estate agent salary is always at the top of the list. But there are other benefits that come with this nice professional job you may not have thought about.

These benefits may change depending on the broker you work for but they are worth considering. Here are some pieces of advice on how to become an estate agent:

Consider The Benefits

These are numerous and help give your new career a boost.

High earning potential
Bonuses & rewards if you get to be a top performer
Train as you work, no experience is necessary
Get promoted within a year
Paid day off on your birthday after successfully passing probation
And more…

Learn About The Industry

This is important as the more knowledge you have about real estate, the better salesman you can become.

Find The Right Spot For You

There are different positions and not all estate agents can fill them all. You need to find your niche which will help you sell more real estate over the years.

Have The Right Attitude

To make it as an agent, you should have most if not all of the following traits: • Target-driven and tenacious • Able to work effectively within a team • Motivated and enthusiastic at all times • Display high standards of service and presentation • Have good organizational skills

Apply

Look over the different agencies and see which one would be the best fit for you. Then have a second and third choice in case #1 and #2 do not accept you. This is one industry where you do not need a degree or prior experience to get started.

How To Become A Real Estate Broker

If you are already an agent and want to move up in the industry, the next step would be to become a broker. One of the keys to becoming a broker is that you need to know all the relevant laws governing the estate agency industry.

The National Association of Estate Agents also has a complete list of qualifications you need to meet in order to become an estate broker. The laws tend to change from time to time and it is important that you keep up with those changes so you do not suffer any setbacks in your career.

Then know that as an estate broker you may be working with one client only. This client is usually a property owner or investor who has several properties in their portfolio.

The following advice should put you on the right track to becoming a broker:

Learn the real estate vocabulary- Very important if you want to work with good investors
Go to college- This is not mandatory but being educated in real estate issues helps you be a better broker. You can do undergraduate work, move up to graduate classes, or just take real estate classes to get the education you need to set yourself apart from all other brokers
Be an apprentice- Learn the ropes of being a broker and at the same time build up your real estate knowledge
Start as an estate agent- Usually, it is best that you have 2 to 3 years of estate experience to become a broker This is the best way to get that experience

Work On Your Skills

No matter if you are becoming an estate agent or a broker, there are skills you need to have:

Have excellent people skills
Develop your communication skills
Be a dedicated person- make sure you know the market and the laws well
Improve your negotiating skills
Know your math

All of these skills are necessary and will come in handy as you will be the only estate professional your client turns to for advice.

Some Final Words

Invest in becoming a real estate agent as that is also investing in your future. Having a side job is great but having one you enjoy and that provides lots of earning potential is better.

If you want to invest in your future and be an estate agent, give us a ring. Our firm has over 10 years of estate and broker experience. We can help you become a good estate agent even if it is a side job for now.

Always go with the best to get ahead. That way you get the best training. Call us today and start your future now.

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Looking For Side Income? Invest In Becoming A Real Estate Agent