Successful real estate agent is mixtures
of investing time in education, researching a broker who can help you get your
first clients and passing state and national licensing exams. But that's not
all there is to the industry.
Real estate agents must be licensed to begin working. Licensing is
handled at the provincial level. Agents must have completed secondary school,
complete a real estate training course and become licensed by their government.
Agents have strong people skills, a sharp business sense and self-starting
motivation to succeed in a highly competitive field.
As it pays on commission, it
appeals to people who like a strong correlation between work and pay, and who
can budget so the lean times do not cause undue hardships.
The licensing course conducted by
provincial real estate organizations teaches students about the profession,
associated rules and regulations, the real estate market and the laws governing
buying and selling property. It also explores the ethical and practical
guidelines to work in the field.
Also, asking your friends and
family for referrals of people who are considering buying or selling a home is
a great way to begin networking. Someone's always looking for a new home, and
that referral only may get you
started in your new business.
It covers basic knowledge about
how mortgages work, how to appraise property, working in new construction
homes, professional conduct and drafting sales or rental agreements.