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What are the responsibilities to becoming a real estate agent

I am in 8th grade. My teacher told my class that we had to pick 3 jobs that we were interested in. I decided to choose a Real estate agent. I really want to learn what they do. #realestate #student #classes

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Meghan’s Answer

A Real Estate Agent helps buyers, sellers and investors. The most important thing to understand is that it is a service centered career. What that means is that the most important responsibility you have is to serve your client. If your client wants a 3 bedroom home with 2 bathrooms on 2 acres of land for $200,000 at most, your job is to either find that for them or bring them to the reality of what is available by educating them.

Everyone wants something wildly different because each person has wildly different needs or wants that must be met. Making sure you have access to current market statistics, new contract forms, current lending rates, title companies, and Real Estate lawyers is crucial to being able to provide your clients the best service possible.

It is also important to understand that this is a sales career that is typically fully commission based. That means you will spend a lot of time "lead generating" or calling people you don't know and asking them what Real Estate needs you can help them with. You will also be marketing yourself and your business through Facebook ad's, fliers, signs and more. All of the work you do to help your clients find their dream home, sell their current home at the right price and time, or find the ideal investment property will be before you get a paycheck. It would be smart to save up money to use for the first few months in the business as most of that time will be spent gathering leads.

It is hard work to make a decent and reliable living when working as a Real Estate Agent but it is absolutely possible and can be very rewarding. A great book to read about how to build a successful career in Real Estate is Gary Keller's "Millionaire Real Estate Agent". I have placed a link to the book below and I highly suggest reading it if you are considering a career in Real Estate.

https://www.amazon.com/Millionaire-Real-Estate-Agent-About/dp/0071444041
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Justin’s Answer

Hey there Savannah,

Real Estate Agents help people buy and sell their homes...or they help people buy and sell commercial properties (Stores/ Office buildings) or land. The process can be complicated so an Agent is there to assist. Help the find a place to buy or buyers for something being sold. They also assist with the paperwork. Once a deal is finalized the the agent is paid a % of the sale price.

Here's a little more info on your question and how you could become one someday!

Getting a real estate license is relatively quick and inexpensive, and you don’t need a college degree. The steps involved include researching state requirements, taking a pre-licensing course, taking the licensing exam, deciding between broker and agent, and then choosing a brokerage. There is a difference between becoming a real estate agent and a real estate broker—the latter are members of the National Association of Realtors and adhere to its strict code of ethics.

https://www.investopedia.com/investing/steps-becoming-real-estate-agent/
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