So you’re interested in being a real estate agent. Who wouldn’t be, when it offers handsome salaries and commissions and almost effortless skills? You don’t even need to be very intelligent to make a sale. All you have to do is hone your people skills and understand the documents needed for a property sale and you can already sell a lot. But before all that can happen, you first have to satisfy the requirements for a real estate career as listed below:
Citizenship requirement – You basically just need to be a citizen of the country to start working in real estate. For example, if you are a citizen of Singapore, then you can be a real estate agent there.
Age requirement – Anyone over the age of 21 can already start earning money by being a real estate agent. You can start this young and build an impressive portfolio of sales by the time you hit your thirties.
Educational requirement – If you want to be a real estate agent more focused on the sale of properties, there is no educational requirement to worry about. However, if you’re looking for a job in acquisitions and property value appraisals, you might need to get a career that’s focused on real estate to get a job at a good company.
License requirement – A real estate agent has to get the Real Estate Salesperson exam to be licensed. Once you get this one, you can be a legitimate real estate agent and your name can be searched by clients to verify your identity.
Financial requirement – There’s really no working capital needed for you to start a career in real estate. If you’re starting your small entrepreneurial business, you can start even at home. Then when you’ve made some sales, you can get a small office near the properties you are representing. You can also start advertising to get even more clients.
Technical skills – The only skill you will really need in a real estate career is dealing with people properly. Your conversation and communication skills have to be superb. You need to encourage and entice the clients to buy the property. Learn how to highlight the pros of the property and make their cons not sound like a bad thing. It would also help if you understood the documents and jargons of real estate so that when the client asks you, you can answer with confidence.
As you can see, it doesn’t take a lot to start being a real estate agent. That’s because it’s not the requirements that matter. It’s how you proceed with the business. If you don’t work hard to be one of the top agents in your area, you may be out of the field pretty soon.