Property agent advice

[Acemundo]

studying

 

ok. unless you are matured students in your 30s, i still highly doubt people will let a young looking chap sell their property.

[Wyfitms]

so weekend only work is possible too?

 

you have to spend some time during the week to generate leads, appt etc but mostly deskbound.

 

Weekends will be 99% burnt doing showflats, viewings etc.

[Chapter1_andy]

The important thing is to be able to build your clientele.

Through means that do not betray yourself or your friends, and not through unscrupulous means by tapping on your family or love ones resources.

 

Those are the pre-requisities of being a good property agent.

Good luck!

[Jman888]

commission lower.

 

how much can a car cost only.

 

and then have to work harder to even find customers(not everybody needs a car).

 

for property agent, at least 1 house also chao chao 300k.

 

i just work for that 1 client close deal alr 3k there. (since i am part time, can only cater to 1-2 clients first/mth)

 

 

5 years ago maybe so, now a Jap car chao chao also $150K, commission from car, finance coy, insurance coy .... quite a lot ok!

 

i was told if you join the popular brand, you take queue number to serve a even longer queue customers, all you need is just filling the form only [laugh]

Edited January 30, 2013 by Jman888

[Acemundo]

5 years ago maybe so, now a Jap car chao chao also $150K, commission from car, finance coy, insurance coy .... quite a lot ok!

 

i was told if you join the popular brand, you take queue number to serve a even longer queue customers, all you need is just filling the form only [laugh]

 

if i not wrong, car sales commission are seldom base on % of purchase price especially sizeable part of the purchase price (Coe) goes back to the government and not the car dealership.

 

my friend's brother used to be at komoco motors. during those times when COE was low, he sold so many units of car and rake in good income that he can afford a RCR condo. but when the COE went up sky high, he was among the many who was retrenched.

 

the good thing about car salesman is that during good times, they hardly have to do any work. people just walk into showroom to buy without much effort required from the salesman.

 

as for property agent, there's a bare minimum amount of work to put in.....cannot run away from that. but the good thing is once the agent network is established, he finds deals quite easily.

[Adrianlim13]

you dont choose when u work

[Mllcg]

I was suggested insurance agent. But even harder to sell as insurance is not a need. House no matter what is a need

[Baphomet]

actually have same thoughts as TS.. just take up the course and do part time..course fee also not that expensive.

 

Just try it out and see if its suitable...somemore Im going to sell my flat soon so can do my own sales too.

 

 

I've a friend also doing this part time while he study.. on average he clinch 1-2 deals monthly... not neccesary must be from sales but also comercial/residential rentals..

 

The only thing stopping me is I scared can't take it as Im already studying and working now...scared no time left for family liao..

 

 

[Adrianlim13]

commission lower.

 

how much can a car cost only.

 

and then have to work harder to even find customers(not everybody needs a car).

 

for property agent, at least 1 house also chao chao 300k.

 

i just work for that 1 client close deal alr 3k there. (since i am part time, can only cater to 1-2 clients first/mth)

 

 

Who will let you sell their house ? Buyer how and where to find ? Drop from Sky

[Mllcg]

Who will let you sell their house ? Buyer how and where to find ? Drop from Sky

[Vtim]

from the client's point of view, i basically expect the agent to do *all* the running around ... solve all the problems, and when they do rentals, they should be handy to resolve any tenant/owner conflicts during the tenure of the tenancy (ie during a 2 yr tenancy, if the tenant run away after 6 mths - the agent will have to refund part of the comm, in this case, 3/4, or find a replacement tenant. a lot of these fees can be taken back from the guy who ran away ... if the owner/agent can find him)

 

 

That is the reason I don't want to do rental as a part time job too many "additional" work to be done that is not really the salesperson's (formally called agent) scope of work (as spell out in the CEA salesperson's role and responsibility).

 

In Rental, salespersons role is to "matchmate" the Tenant and Landlord, after that, it's between Landlord & Tenant.

 

Just like Chinese saying, "matchmaker will matchmate for the Marriage and but doesn't guaranty the Marriage will produce baby boy"

[Vtim]

so weekend only work is possible too?

 

For HDB, you'll need to reserve at least 2 weekdays for HDB 1st and 2nd appointment if the deal go thru'.

[Vtim]

commission lower.

 

how much can a car cost only.

 

and then have to work harder to even find customers(not everybody needs a car).

 

for property agent, at least 1 house also chao chao 300k.

 

i just work for that 1 client close deal alr 3k there. (since i am part time, can only cater to 1-2 clients first/mth)

 

not really 3k, there is a spit between you and the agency, starting is usually 75-25 or 80-20

[Happily1986]

my degree is 3 years.

 

i just need some flexible hours job..

 

just wanna earn extra. since im still getting allowance.(earn extra=good. dont earn also nth lost)

 

just go and teach tuition. like the rest have put it, do you have ready clientele?

 

no then you gotta put in the hard work. how much time do you have as a part time agent and/or uni student? for the limited amount of time and effort that you have to put in (which still pale considerably compared to the full timers), your returns will be abysmal.

 

Sorry to put it the hard way to you, your thinking is macham deals will drop out of the sky. you are better off teaching tuition. Tuition coordinators will find assignments for you.

Edited February 7, 2013 by Happily1986

[Joseph22]

I was suggested insurance agent. But even harder to sell as insurance is not a need. House no matter what is a need

 

Actually insurance is a Need. that most ppl thought they dont need.

[Mllcg]

Actually insurance is a Need. that most ppl thought they dont need.

 

it is.. but its hard to convince people otherwise

[Tungsl]

Im thinking of becoming a property agent part time while studying.

 

whats the processes involved to apply?

 

and hows the commission practices like now? still 2% seller and 1% buyer?

 

for most it is not a career

it is more of a stop gap measure

 

go for something that give you a better secure future

 

 

[Mllcg]

just go and teach tuition. like the rest have put it, do you have ready clientele?

 

no then you gotta put in the hard work. how much time do you have as a part time agent and/or uni student? for the limited amount of time and effort that you have to put in (which still pale considerably compared to the full timers), your returns will be abysmal.

 

Sorry to put it the hard way to you, your thinking is macham deals will drop out of the sky. you are better off teaching tuition. Tuition coordinators will find assignments for you.

 

how about looking at classifieds?

 

online or print..

 

got people selling house then u just call them up asking if they need an agent?