Real Estate Broker For Both Buyers And Sellers
Job Title: Real Estate Broker
Type of Company: I am a sole proprietor with no employees.
Education: BBA, Management, Baruch College
Previous Experience: I started listing and selling real estate 8 years ago with 2 different brokers. I decided to get my brokerage license and started my own company.
Job Tasks: I represent both buyers and sellers in their real estate transaction. I will email buyers listings that conform to their preferences and if they want to see any of them, I will arrange with the owners to show it to them. I also write offers on properties; set up inspections, and make sure everything goes smoothly.
For sellers, I perform a comparative market analysis to help them price their home. I list their house on the Multiple Listing Service, market it, host open houses and negotiate the best price and terms that I can. My clients calls me 24/7, and I am always available to them by phone or email. If I get calls from other agents wanting to show a house I've listed, I arrange it with the owners. After all the showings, I call to get feedback and then relay the feedback to the sellers. I coordinate with home inspectors, appraisers, lenders, attorneys and other agents to conclude a successful deal.
Best and Worst Parts of the Job: The best part of the job is when a sales transaction closes and I get paid for all my work.
The worst part of the job is when I show someone many homes and they put in an offer and the deal falls apart. I make zero; I don't get paid a cent. I have to start all over again and hope the next deal works out better.
1. You need to have a lot of patience to be a realtor. Not everyone you show houses to will end up purchasing from you. Not everyone you list the house with will extend their listing with you when the listing expires, despite all the work you've put in. And it's hard, when you've invested so much time and money (on advertising), not to mention the gas you used driving them around to show them properties, to end up empty-handed.
2. You should always try your best to keep a deal together. No matter how difficult the situation may be, you owe it to your client to try to make this transaction close.
3. Remember, this is the biggest transaction in most people's lives, so they will expect your undivided attention and dedication to detail.
Additional Thoughts: I believe that I owe my clients the very best and I am committed to providing my clients with the highest quality personal service.