How To Become A Residential Real Estate Agent
Become A Residential Real Estate Agent
What Does A Real Estate Agent Do?Residential Real Estate Agents help clients to purchase, rent, or sell property. This includes finding buyers and sellers, doing market analysis, providing advice, and helping to negotiate on price.
Agents often decide to represent buyers only, sellers only, or both. Regardless, the job is not just showing houses; there is lots of paperwork, planning, and phoning, and not just in a 9-5 time frame. Generally speaking, agents are responsible for:
- Abiding by state and federal laws re advertising and communications
- Marketing properties
- Providing feedback on comparable sales
- Recommending an appropriate selling price
- Negotiating offers when they are received
- Attending and/or reviewing the home inspection and appraisal
- Reviewing and providing feedback and/or new requirements, repair requests, or a new price offer based upon the home inspection
- Communicating and following up to ensure the transaction closes!
Steps For Earning Your Residential Real Estate Agent License
To become licensed, you should:
You Are Licensed, Now What?
Earning your license means you have mastered the key terms, definitions, and federal and state real estate laws.
It does not, however, mean you know how to get buyers and sellers to select you as their agent, handle objections, do market analysis, etc. That's where TrainingCenter can help, as we offer multiple training products to help you attract buyers and sellers, perfect your listing presentation, handle objections, and more, including how to manage your new business (this is key, as 90% of new agents fail before their first year ends).
Recommended Training Courses
Below are links for finding training courses designed to help you to plan your business, be more productive, and earn higher commissions.
Business Planning / MarketingOffice AdministrationMortgagesThese training courses are provided through TheMortgageTrainingCenter, our sister website:
Find Other Real Estate Marketing Ideas And Marketing Products
If you need to expand your sales and marketing ideas, select one of our recommended courses below or choose "Real Estate Agent" or "Sales & Marketing" and your state under the "Professional Development" search box below.
Find Seminars, Webinars, And Online Training In Your Area
Training For Being A Successful Residential Real Estate Agent
There are many ways that you can become a successful real estate agent. For instance, you can specialize in generating new listings, work as a Buyers Agent, or focus on FSBOs and expired listings.
Whichever tract you choose, be aware that being a successful real estate agent is more than just selling houses. You'll need to accurately plan, budget, and execute your business plan, allocate funds for marketing, and work with other real estate and mortgage professionals, to name just a few.
Some valuable real estate marketing ideas to consider include:
- How to generate leads from homebuyers and homesellers
- How to properly price your listings for the quickest sale
- How to work with referral partners
- How to use social media to generate leads
- How to use free advertising, like Craigslist
- And many, many more!
Now that you have some real estate agent marketing ideas, you need to implement these ideas with some of our oft-praised real estate marketing products. Luckily, the Real Estate Training Center offers training courses on all of things key to successful agents. Simply use the search box or click the applicable links above to get started.
Find Training To Become A Commercial Real Estate AgentClick
here to learn about the what a Commercial Real Estate Agent does, the difference between residential and commercial agents, and for commercial real estate training courses.
