Monthly Archives: December 2019

How Much Does a Real Estate Agent Earn?

How Much Does a Real Estate Agent Earn?

Surely the curiosity arises in you to know if a real estate agent really wins well, if the sector is profitable and if it allows you to work in your time.

The profession of real estate agent, like any other, requires discipline, effort, dedication; monitoring and that you devote the indispensable time to see results. It should be noted that the real estate sector is quite profitable, but as a real estate agent to be a profited professional you must dedicate a large part of your time to carry out a customer tracking strategy, sales process, requirements analysis process, monitoring of calls, customer visits, negotiation processes and a closing sale.

It is very common to hear about rotation and the fear of many people entering this sector because there is no fixed salary, but the main mistake is the lack of customer follow-up and obtaining an exclusive in the process of Management of the purchase or sale of a property.

Without a doubt, the real estate sector is a great opportunity for you to work independently and earn extra income by charging a commission to your client once the management process of which you offer your services is finished. But for this you must consider the variables that exist around it, selling or buying a client’s property can be practically as fast or as slow as you want. The common denominator of hours invested for the purchase or sale of a home is 85 hours, this amount of time you can go in just 2 weeks, 2 months or up to 2 years, everything will depend on your efficiency as a professional.

And then how much does a real estate agent earn?

How much do real estate agents make? – According to the average scale in the United States, a real estate agent earns $104 thousand dollars a year, taking into account that the average cost of a home is $300 thousand dollars and that the commission is about 2.5% for each part of the transaction. In this case, a real estate agent in that country sells 12 properties on average per year, that is, one per month.

In Latin America the economy and reality is different and does not apply equally. In Mexico, selling 12 properties per year, estimating that its average value is 1 million 200 thousand pesos, results in an estimated commission of $32,000.00 per operation, if at the same time you collect and sell the property exclusively, you will take around $60,000.00 per month, before taxes and expenses. Now if we divide that $32,000.00 into 40 hours of work, that is 160 per month, it results in $200.00 per hour of work.

Remember that in the real estate sector and in any professional sector, time is money and the secret of making this profession something profitable, is to allocate the time and indispensable follow-up to each operation, adding to an excellent sales strategy and extensive experience in customer treatment; the above will make you one of the best real estate agents.

6 Keys to Selling Your Home in Chicago Quickly and Effectively

6 Keys to Selling Your Home in Chicago Quickly and Effectively

Selling a property in Chicago in Chicago is not a simple task, you must keep in mind several factors that affect the sale is fast, safe, effective and in the shortest possible time.

1. The Price is Important!

One of the key points to sell a property in Chicago is the price, remember that the fairer and closer its value is, the greater your chances of negotiating it. It is recommended that you do an analysis of the sector and the behavior of the value of the price of the square meter.

2. Seek Professional Help

When buying, selling or leasing a property in Chicago it is necessary to have an expert helping hand in real estate issues to achieve a successful business.

An agent will be the person who carries out the transaction of the house, but it will also guide you in all legal, tax and paperwork matters. If you are selling or leasing, this will be the person in charge of marketing and advertising the property in Chicago. In addition, it will offer you a broad portfolio of professional services.

3. Make It More Attractive

There is no doubt that ‘everything enters through the eyes’, therefore, having a property in Chicago that is well arranged, clean, without structural damage, freshly painted and with modern finishes, will take all the looks of potential customers.

4. The Legal Part Up To Date

 A very important issue to do as a seller is to have all the documentation up to date , this includes: the certificate of freedom of the property in Chicago, the deeds of the property in Chicago, that the property in Chicago has all public services and that these are up to date in your payment , that the house if it is located in a residential complex does not have debts in the administration and that the taxes (property in Chicago and valuation) are canceled to date.

Resorting to a real estate is a good option; they will advise you in the legal part, they will help you with issues such as: contracts, clauses, register the sale and that you do not have future problems when selling your property in Chicago.

5. Be Patient When Displaying The Property in Chicago

 It is clear that to sell a property in Chicago requires effort, one of them is to dedicate time to receive calls and schedule visits to the house, even a weekend, remember that buyers can appear at any time and be available can help you Close a fast business.

6. Internet, An Excellent Alternative

 The ease, comfort and speed offered by real estate portals have generated an interesting market of potential buyers for your property in Chicago. Therefore, keep in mind the advice gives you if you are thinking of selling a property in Chicago:

 • Information quality: The Internet is a means that will allow you to present the greatest detail and, in particular, tell the interested parties all the reasons why the property in Chicago that you publish is special.

This includes the price: rely on an expert in the sector to define the price or conduct a market survey. This will allow you to define a competitive price and especially a realistic price on your property in Chicago and the market situation in which it is located.

• Quality in the photographs: it seeks to make the decoration of the spaces as personal as possible, avoid spaces full of furniture or tables with many objects on them. Take photos of all the spaces of the house and publish them in a logical order of travel.

 • Customer service:  you must be aware of the calls and contacts you will receive from people interested in the property in Chicago; the speed of response is the key and expected by the users who will contact you by this means. A reasonable average wait for response is 4 hours in this medium.

If you have a property in Chicago and are thinking of selling it, gives you the best advice on Chicago Zoning Certification, Chicago Water Certification, Chicago Water Lien Release and Chicago Exempt Deed Recording.