Why Become A Real Estate Agent In Sydney?
There are few industries that have hit the headlines more in 2016 than the real estate sector. In recent months, we’ve discussed all manner of topics including the United Kingdom breaking away from the European Union, the official cash rate and, of course, property prices.
For those that work in this industry, all these events are exciting. They change the way that the sector looks, moves and sounds – ensuring that everyday is not like the last. As a real estate professional, you also form lasting connections with customers whether they are buying their first house, selling the family home or considering the benefits of renting their holiday home.
There are around 117,880 people working in the Rental, Hiring and Real Estate Services Industry.
According to the Real Estate Institute of Australia, there are around 117,880 people working in the rental, hiring and real estate services Industry. However, we are always looking for new talent as the demand for property across Sydney and Australia continues to grow.
Becoming a trusted and experienced member of the real estate family does take time, but the benefits are certainly worth it. With our careers night approaching this month, we thought it would be important to look at some of the benefits of the workings as an agent.
The ability to have a flexible schedule
If you think that being a real estate agent requires the standard 9 to 5 workday, think again. The role is actually quite varied with the opportunity to leave the office and interact with people in the community.
In the morning, you could be meeting with a family to discuss selling their home, while in the afternoon, you might be meeting local businesspeople over an upcoming development. This means the role is very sociable as you meet new individuals all the time and engage on various subjects.
Considering the schedule, auctions, open homes and open inspections can take place at night or over the weekend which creates a calendar that is exciting and keeps you on your toes. It is important to note that clients and customers might dictate your time, so not only do you have to be flexible with your own time, you have to think about the availability of others.
The sheer emotion that you get from someone signing off on a house is hard to describe.
In the same way that chefs get a buzz from presenting delicious plates of food to customers, real estate agents are also in the business of delivering happy clients. As the property market is competitive and hotly contested, the sheer emotion that you get from someone signing off on a house is hard to describe.
Essentially, these are people’s lives, and real estate agents are ensuring that they get onto the property ladder, have somewhere to raise their family and feel secure. At the end of the day, that feeling is priceless for our team.
One of the questions that real estate agents get asked is around how much they are paid. While this depends on a number of factors including the city and region, these professionals are often rewarded for their hard work through commissions that come from completed deals.
According to Payscale, a real estate agent earns an average salary of AU$48,549 per year with some receiving a base salary of around $73,000. On the subject of commission, this could be anywhere between $3,000 and $50,000 – higher if you are a whizz at connecting with people and finalising contracts!
Learning more about the industry
At Laing+Simmons, we are more like a family and work hard to ensure everyone is developing their skills and growing as a professional.
If you are interested in a career in the real estate industry, make sure to see us on August 4. Failing that, feel free to get in contact with our team at any stage.