Presentations text content in REAL ESTATE AGENT Lina Lee
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REAL ESTATE AGENTLina LeeMaggieMichelle LeeMaricela CallejasLintao Fang
Instructor : John
Pellitteri
Slide2Definition of Real Estate Agent
a person in the business of selling land and building
Slide3What does real estate agent do?show property to prospective buyers and locate properties to sell
Slide4bring together buyers and owners and negotiate the terms of real estate contracts such as deeds, leases, and mortgages with buyers, sellers, and renters of properties.
Slide5Help locate financing
Slide6CaliforniaCal Poly PomonaB.S. Business Administration Real EstateMinors in Real Estate Finance, Real Estate Brokerage and DevelopmentCalifornia State University, FresnoOption real estate and urban economicsCalifornia State University, Los AngelesB.S. Business Administration Real Estate
California State University, Northridge
B.S. Business Administration Real Estate
California State University, Sacramento
Minor & Concentration
San Diego State University
B.S. Business Administration Real Estate
University of San Diego
B.A Business Administration: Accountancy and Finance/Real Estate combination, Minor real estate
University of Southern California
B.S. Public Policy Real Estate Track
Undergraduate Program
Slide7CLASSESReal Estate PrinciplesReal Estate Law and PracticesAppraisalBrokers WorkshopProperty ManagementEscrowReal Estate FinanceReal Estate Ethics
Slide8LICENSESOVER 18 YEARS OLDMUST BE FINGERPRINTED AND BE A LEGAL RESIDENCYCOMPLETION ENOUGH COURSE IN REAL ESTATE PRINCIPLESNEW LICENSEE MUST COMPLETE TWO COLLEGE LEVEL COURSESLICENSE RENEWAL EVERY 4 YEARSLICENSEE MUST MEET CONTINUING EDUCATION OF 45 CLOCK HOURS OF SPECIFIED COURSE
Slide9SKILLSSALE TECHNIQUESFINIANCING PROCEDURESBUSINESS CONDITIONSPROPERTY APPRAISINGLAWS AFFECTING THE SALEOF PROPERTY
Slide10SALARY
Slide11Outlook depends on the economyWhen the economy is down people do not buy new homes or move as often. JOB OUTLOOK
Slide12JOB OUTLOOKHigh interest rates discourage purchasesMortgage money is harder to getJob opportunities declineReal Estate Salespeople will increase as demand for housing and other properties increase
Competition for commissions is strong
Slide13JOB OUTLOOK Current Employment Projections to 2018 from California Labor Market Information (LMI) * indicates no data availableLMI OccupationExpectedGrowth RateEstimatedJobs2008ExpectedJobs2018Openingsdue toGrowth
Openingsdue toReplacements
Expected Yearly
Job Openings
Real Estate Sales AgentsAverage (4.6%-13.8%)28,500
30,400
200
470
670
Current Employment Projections to 2020 from the
Bureau of Labor Statistics
SOC (Standard Occupational Classification) Occupation Titles
* indicates no data available
SOC Occupation
Expected
Growth Rate
Estimated
Jobs2010ExpectedJobs2020Openingsdue toGrowthOpeningsdue toReplacementsExpectedJob Openingsper Year
Real Estate Sales Agents
Average (9.3%-19.3%)
367,500
412,500
45,000
82,600
12,760
Slide14JOB DUTIESCoordinate and present information clearly Use numbers to calculate percentage and fees See and visualize objects from pictures and descriptions Work accurately with details Learn and understand procedures
Slide15JOB DUTIESMake decisions and judgments based on experience Work well with people and influence them Be patient and tactful with others Use negotiation skills Work under the pressure of sales quotas
Slide16OTHER INFOLOS ANGELES PRICE VARIES WITH THE SHOOL DISTRICT SAN MARIO USD1,000,000/HOUSE $900/SQFARCADIA USD750，000/HOUSE $500/SQFLA 2012 TO 2013 13.1% $411，000/HOUSE
Slide17OTHER INFOLOS ANGELES REAL ESTATECHART OF SQF
Slide18OTHER INFOSalary Index
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REAL ESTATE AGENT Lina Lee
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