Real Estate Goals Paper

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Muhammad Ali Jinnah University, Islamabad *

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Business

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Nov 24, 2024

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docx

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1 Real Estate Goals Paper Student’s Name Professor’s Name Institutional Affiliation Course Code Due Date

2 Real Estate Goals Paper Real estate agents are professionals who help people buy and sell properties. They typically focus on residential properties, but some may specialize in commercial properties or land sales. Agents often provide services such as listing properties, negotiating prices, and helping to arrange financing. They also help buyers find suitable homes and negotiate the purchase price. In some cases, they may also provide legal advice. Real estate agents are licensed professionals who must adhere to their local real estate laws and regulations. Real estate agents typically work for a brokerage, which is a company that provides services to real estate agents. Brokerages typically pay agents a commission for each successful sale that they make. This commission is typically split between the agent and the brokerage. Real estate agents often use a variety of tools to help them in their job. These tools can include websites, software programs, and mobile apps that help agents list and manage properties and track leads. In addition, agents often work with other service providers such as appraisers, property inspectors, and mortgage lenders to help their clients make informed decisions. Real estate agents play an important role in helping to facilitate the sale of properties. They negotiate prices, manage paperwork, and provide valuable advice to buyers and sellers ( Real estate agent job description) . It is important for agents to stay informed on the latest industry trends and market conditions in order to best serve their clients. Therefore, my ultimate goal in real estate career is to become a competent agent who can help individuals in buying and selling properties as well as helping the clients to make informed decisions concerning real estate properties. In the past, real estate agencies provided valuable services to buyers and sellers by helping them find their ideal properties, negotiating sales, and providing advice and expertise throughout the process. Today, real estate agencies offer even more benefits. With access to vast

3 databases of listings, agents can quickly and easily identify the perfect property for their clients, as well as provide detailed information about the local market and all of the available options ( What does a real estate agent do) . Agents are also able to negotiate the best price and terms for their clients, and can provide guidance and advice on issues such as financing, inspections, and legal matters. Real estate agencies also give buyers and sellers access to a network of experienced professionals. From inspectors and appraisers to lenders and lawyers, experienced agents can provide referrals to the best people for the job. Agents can also provide assistance in navigating the complexities of a real estate transaction, ensuring that everything goes smoothly and that all of the paperwork is in order. In addition, real estate agencies also provide a level of security and assurance throughout the process. With their knowledge and expertise, agents can help their clients make informed decisions and protect their rights and interests . Overall, real estate agencies offer a valuable service for both buyers and sellers, and can make the process of buying or selling a home much easier and more efficient. on the other hand, real estate agents especially in Texas have been facing various challenges over the years whereby, In the past, real estate agents faced limited access to information and resources, and a lack of technology to efficiently market properties. Additionally, agents had to rely on word-of-mouth referrals, as well as traditional advertising methods, to find new clients. In the present, real estate agents face a different set of challenges. With the introduction of the internet, agents must now compete with large real estate websites and portals that provide buyers and sellers with access to a wealth of information about the real estate market. Additionally, the proliferation of real estate tech startups have made it difficult for agents to keep up with the latest technologies, as well as to differentiate themselves from the competition. Agents are now competing with companies such as iBuyers, who offer quick cash

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4 offers to buyers, as well as with new proptech companies that are creating online marketplaces that connect buyers and sellers directly. As a result, agents must now find new ways to differentiate themselves and to provide value to their clients. My future in real estate is to become an independent real estate agent, a professional who works independently to help buyers and sellers complete their real estate transactions. Independent real estate agents are not employed by an agency or broker, and may specialize in a particular type of property or area. Independent real estate agents play an important role in the real estate market by providing an unbiased and knowledgeable perspective to buyers and sellers. They are experienced in the local market and often have access to data and resources that can help buyers and sellers make informed decisions. Independent real estate agents have a unique understanding of the local area and can provide valuable insight into the local market. They can provide advice on potential properties, neighborhoods, and other aspects of the real estate market. They can also help buyers and sellers negotiate the best deals and guide them through the entire process from start to finish. Independent real estate agents also provide buyers and sellers with a personal touch. They are often more accessible than larger agencies, and can provide a more tailored experience for their clients ( Should you start as an independent real estate agent ). They are experienced and knowledgeable, and can often provide valuable advice and guidance throughout the entire process. In short, independent real estate agents play an important role in the real estate market by providing an unbiased and knowledgeable perspective to buyers and sellers. They are knowledgeable about the local market and can provide buyers and sellers with valuable advice and guidance. They can also provide a more personal touch, and can often provide more tailored services than larger agencies. Therefore, my main goal is in real estate is

5 on becoming an independent and knowledgeable agent to provide the best services to the clients and become more accessible in providing more tailored experience to them. Being an independent real estate agent will help to expand my skills and experiences in community work though provision of assistance to homebuyers, such as helping them to find the right home and negotiating the best possible deal. Real estate agents help to ensure that new homeowners are able to purchase a home that is right for them. Additionally, real estate agents can help to bring new businesses and development to a community, providing jobs and economic opportunities ( Real estate agent job description) . They can also provide market analysis, helping to ensure that the community is growing in a sustainable and responsible way. Finally, real estate agents can provide valuable resources and advice to local homeowners, connecting them with services and providing them with guidance on how to maintain their property ( Independent Real Estate Agent ). By helping to facilitate the growth and development of their local community, independent real estate agents can be a valuable asset. Independent real estate agents often face a number of civic issues when working in their communities. These issues can range from zoning and permits for new developments to neighborhood blight and public safety concerns. One of the most common civic issues encountered by independent real estate agents is the lack of sufficient housing stock in certain areas. This can lead to a shortage of affordable housing options for potential buyers, which can put a strain on the local real estate market. In addition, these areas often lack the infrastructure necessary to support new development projects, such as public transportation and adequate roads. Another civic issue often encountered by independent real estate agents is neighborhood blight. This can include abandoned or dilapidated buildings, overgrown lots, and other signs of

6 neglect. These can have a negative effect on the value of surrounding properties and can make it difficult for real estate agents to market and sell homes in these areas. Finally, public safety concerns are also a major civic issue for independent real estate agents. These can include a higher crime rate, insufficient police presence, or other factors that make it unsafe for potential buyers to consider investing in a certain area. Independent real estate agents are key players in their local communities, and they must be aware of the civic issues they may encounter when doing business. By understanding these issues and working with local government and community stakeholders to address them, agents can help ensure that their communities remain safe and vibrant places to live. Independent real estate agents often gain important insights from their involvement in community work. Through their work, they become aware of what is going on in the local area and can better understand the needs and aspirations of their clients. As agents, they can provide valuable advice on the local market and the availability of properties. Through their community work, agents can build relationships with other professionals and organizations in the area, which can lead to more referrals and opportunities. Agents who are involved in community work may also be able to provide helpful advice on local laws and regulations which can help buyers and sellers make more informed decisions. Finally, agents who are active in their local community also show that they are invested and care about the area, which can help build trust with prospective clients .

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7 References Should you start as an independent real estate agent or join a team? Agent Real Estate Schools. (2022, May 3). Retrieved December 12, 2022, from https://agentrealestateschools.com/blog/should-you-start-as-an-independent-real-estate- agent-or-join-a-team/ Independent Real Estate Agent resume samples . QwikResume. (n.d.). Retrieved December 12, 2022, from https://www.qwikresume.com/resume-samples/independent-real-estate-agent/ What does a real estate agent do? Key roles and duties - indeed . (n.d.). Retrieved December 12, 2022, from https://www.indeed.com/hire/c/info/real-estate-agent-roles-and-duties Real estate agent job description . Better team. (n.d.). Retrieved December 12, 2022, from https://www.betterteam.com/real-estate-agent-job-description

Real Estate Goals Paper

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