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Archive for February 16th, 2008

Feb
16

Real Estate as the most growing industry of tomorrow

Posted by Lorraine Ross on February 16, 2008

Real estate has always been one of the most profitable fields in which to invest. With its past history to speak, it is the most growing industry of tomorrow. That certainly doesn’t mean that the real estate industry has not suffered during times of high interest rates as those in the late 1970s and early 1980s when mortgages were topping out at over 20 percent in some states, but the industry has always been able to return to its former status as a leader both for investing and as an employment source.

What makes the real estate less prone to downturns because of high interest rates? People always need a place to live, and in most cases, they can buy a house and pay less money than they can by renting. In addition, a home is an asset on which you can draw when you need some cash for a big purchase. There were times, however, when the housing market slowed, and homes did not increase in value as quickly as they had in prior years.

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Feb
16

Choose a career as a Real Estate Agent

Posted by Lorraine Ross on February 16, 2008

If your interest lies in becoming a real estate agent, you need to learn some facts about the field first. Choosing a career as a real estate agent is not as simple as deciding you want to sell houses. There is a course of study you must take in order to obtain your license before you begin selling property. Selling real estate requires more work in the evenings and weekends than other careers because you need to be there when it is convenient for the seller or buyer. If you are unable or unwilling to set your hours according to the needs of your customers, you need to choose a career that is less customer-dominated.

If you work for a small real estate office instead of a large multi-agent office, it is more important that you set your hours based upon the needs of your customers. If you fail to do that, your career as a real estate agent will be short-lived, because those customers you refuse to meet on their terms will find someone who will. If you were a car or furniture salesperson, the customers would come to you when they knew you were at work, but customers expect real estate agents to be available when it’s convenient for them.

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