REAL ESTATE AGENT Lina Lee PowerPoint Presentation, PPT - DocSlides

REAL ESTATE AGENTLina LeeMaggieMichelle LeeMaricela CallejasLintao Fang

Instructor : John

Pellitteri

Definition of Real Estate Agent

a person in the business of selling land and building

What does real estate agent do?show property to prospective buyers and locate properties to sell

bring 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.

Help locate financing

CaliforniaCal 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

CLASSESReal Estate PrinciplesReal Estate Law and PracticesAppraisalBrokers WorkshopProperty ManagementEscrowReal Estate FinanceReal Estate Ethics

LICENSESOVER 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

SKILLSSALE TECHNIQUESFINIANCING PROCEDURESBUSINESS CONDITIONSPROPERTY APPRAISINGLAWS AFFECTING THE SALEOF PROPERTY

SALARY

Outlook depends on the economyWhen the economy is down people do not buy new homes or move as often. JOB OUTLOOK

JOB 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

JOB 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

JOB 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

JOB 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

OTHER 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

OTHER INFOLOS ANGELES REAL ESTATECHART OF SQF

OTHER INFOSalary Index