Everyone needs a place to live, making the real estate market an evergreen industry that will never run out of business. The good news is that you do not have to have years of experience to see success in this industry compared to conventional jobs. But you do however need to spend some time in getting the real estate license to practice, which may take up to two years to obtain it and become a real estate agent. There is another alternative, as a real estate negotiator, which requires a lesser amount of time to gain the qualifications to enter the property market. The course would only take up 2 days – as offered at Good Institute – to qualify in obtaining the Real Estate Negotiator (REN) tag from the Board of Valuers, Appraisers, Estate Agents, and Property Managers (BOVAEP) Malaysia.
“A course this short has to have a catch,” is probably what you are thinking right now. And you are right, the career path you take in this industry would not always be easy, but as long as you work hard, you will be rewarded aptly for your efforts. So let us get into some of the great benefits you will gain from being a real estate negotiator:
- More flexible time
For the most part, working as a real estate negotiator requires only your phone, your laptop, and an Internet connection. So whether you prefer working in the comforts of your own home in pyjamas, or in a café sipping a hot cuppa, the choice is entirely yours. But of course, if you’d prefer working in an office environment, you can do that too.
- No capital required
It's well known fact that working in the property industry can garner you a high income as well as a fantastic work/life balance. However, not everyone realizes that starting a property career requires no capital. Yes, you heard that right. Most franchise businesses would require at least RM100,000 to RM200,000, but for real estate as long as you have the passion to perform and the enthusiasm in building your connections to expand your business, you will be able to build your real estate empire in no time.
- No limit of how much you can earn
There is no limit to how many properties you can sell within that month; the only limit is yourself! This certainly does not come as a breeze. It takes consistent effort, hard work, commitment, creativity, intuition to build goodwill and trust among sellers and buyers. You will get out of a real estate career exactly what you put into it. This is a career that rewards hard work. If you dedicate yourself to being successful in real estate, you will greatly increase your odds of success. Your income potential as a real estate negotiator is basically unlimited. But it goes both ways as part-time effort will likely lead to part-time pay.
- Have ownership over your business growth
Being a real estate negotiator is equivalent to running your own business. You are your own boss! You get to decide where and which areas you like to specialize in, type of properties you like to sell (industrial, commercial or residential), execute your own marketing strategies and see the results they bring. Of course, this would also depend on the agency that you are attached to and the requirements given by them. In terms of costs, real estate business demands minimal operating and overhead costs as compared with other businesses. Majority of the costs involved are marketing related costs.
- You get to find good property deals for yourself
Apart from the day to day selling or renting of their client’s properties, real estate negotiators should also have sound property investment knowledge to be able to speak the same lingo as their investor clients. What better way to develop property investment knowledge than being an investor yourself! Being a real estate negotiator, you are already on the field looking out for good property listings, when you come across deals worth investing; you are in front of the line to grab it!
Now if you are really serious in joining as a Real Estate Negotiator, find a good agency. But even before that, finding a good course that will give you the right exposure, understanding of the industry and recognized by the Board of Valuers, Appraisers, Estate Agents, and Property Managers (BOVAEP) Malaysia is the most crucial part. Finding a place which has a good track record of producing successful Real Estate Agents (REA) would be the highlight.
For instance, in the past 4 consecutive years, the top scorers of the real estate exams within Malaysia have been students from Good Institute. You can learn more about what the course has in store for you through the free preview class hosted by Good Institute or you can contact HERE to find out more on what they have to offer. Keep in mind, to successfully enter in any new market, the first few choices in beginning your career are the determinants of your future success.
Written by Adeela Abu Bakar.
Article information extracted from Quora.
Article image is credited to http://www.propertyinvestmentsmalaysia.com