How do you answer the question why real estate?
The response should follow a structure and address points, such as the specific event or person that piqued your interest in real estate, followed by the steps then taken to learn more about the industry.
Sample Answer: I want to become a Realtor because I love helping people find a place to call home. I want to help them find the right property and negotiate the best deal for them. I want to help them make their dreams come true.
Ultimately, passion for real estate often stems from a combination of financial opportunity, a love for architecture and design, the desire to make a positive impact on the built environment, and seeing people find their dream homes and making it possible for them.
The adage "location, location, location" is still king and continues to be the most important factor for profitability in real estate investing. Proximity to amenities, green space, scenic views, and the neighborhood's status factor prominently into residential property valuations.
A career in real estate is exciting! It gives you flexibility, unlimited earning potential, and true independence. You can help grow and transform your community by connecting people to the best places to live or do business.
The most common is about how the market is doing. If they are a buyer they'll ask about the cost of homes for sale, while home owners will ask about the resale value of property in their town or what homes are selling for in their neighborhood.
A: I want this job because I believe it is a great fit for my skills and interests. I am excited about the opportunity to [describe specific aspect of the job or company] and I am eager to contribute to the team. I am motivated to learn and grow in this role, and I am confident that I can make a positive impact.
Work With People
Another major reason why real estate agents love their work is they get to work and interact with a variety of people. While some office work is required, the majority of agents' time is spent on-the-go, not in front of a computer screen all day.
I am passionate about becoming a real estate agent for several reasons. The potential for high earnings, the flexibility and independence of the job, and the opportunity to help people achieve their goals are all factors that drive my interest in pursuing this career.
Unlimited Potential for Success
The sky's the limit when it comes to what you can achieve in the field of commercial real estate. Low tenant turnover and big commissions mean that you can get a lot out of this position.
What are the 3 most important things in real estate?
To achieve those goals, the three most important words in real estate are not Location, Location, Location, but Price, Condition, Availability.
This is a general rule of thumb that determines a base level of rental income a rental property should generate. Following the 2% rule, an investor can expect to realize a gross yield from a rental property if the monthly rent is at least 2% of the purchase price.
You can often set your own hours and be your own boss. The potential to earn substantial commissions is also tempting, and for those who enjoy selling and meeting people, selling real estate can be an engaging way to spend your workday. Earning a living selling real estate is hard work.
The reasons are numerous and vary by investor. Most people, however, enjoy tax benefits, a hedge against inflation and earn passive income. They also may see capital appreciation on their investments. You may be eligible to leverage your investment in real estate.
Principle pay down is a benefit enjoyed by real estate investors to build their net worth. As you pay down your mortgage (which is OPM) with interest, with each payment you pay back some principle and come closer and closer to owning the property free and clear. This is allowing you to build equity and wealth.
The 1% rule of real estate investing measures the price of an investment property against the gross income it can generate. For a potential investment to pass the 1% rule, its monthly rent must equal at least 1% of the purchase price.
By investing in real estate, he was one of the richest men in the United States. He had a long career in real estate. Title insurance guarantees the purchaser of real estate against loss from undiscovered defects in the title to property that has been purchased.
“I should be hired for this role because of my relevant skills, experience, and passion for the industry. I've researched the company and can add value to its growth. My positive attitude, work ethics, and long-term goals align with the job requirements, making me a committed and valuable asset to the company.”
"I am excited about this job because it allows me to be part of a company culture that values teamwork, collaboration, and open communication. During my research about [company name], I was impressed by the positive work environment and the emphasis on fostering creativity and diversity of thought.
The emotional toll of selling homes is especially stressful because agents often have no control over their workload and schedule–they're at the mercy of their clients' needs and demands. When asked about the most challenging aspect of being an agent, one said “the constantly changing situations of each deal.”
Do you have to be attractive to be a successful real estate agent?
Yes. Being good looking is a plus in real estate. Though, actually, being good looking is a plus in almost any field. Someone isn't going succeed solely on their looks (unless he/she is a model), but it opens a lot of doors that remain closed to “plain looking” people.
As a real estate agent, you'll get plenty of independence, flexibility, and opportunity. This is also your chance to earn a great living in a fast-paced environment where you'll meet interesting people and tour stunning properties!
In most cases, either a broker or an agent can handle your transaction. There's a chance you'll work with both a broker and an agent as your buying or selling process moves forward. While an agent could have less experience, it doesn't mean all agents are less qualified to handle your property.
If you've been working as a professional marketer anytime in the last 60 years, you are likely familiar with the four Ps of real estate marketing: product, price, place and promotion. The four Ps are often referred to as the “marketing mix” and encompass a range of factors that are considered when marketing a product.
Summary. If you follow these 5 Golden Rules for Property investing i.e. Buy from motivated sellers; Buy in an area of strong rental demand; Buy for positive cash-flow; Buy for the long-term; Always have a cash buffer. You will minimise the risk of property investing and maximise your returns.
