One sale and you can earn $10,000 or more. But what the broker still doesn't know is that it is possible to earn much more than that small fraction of commission offered by real estate agencies.
The most common in the market is for the realtor to work with a real estate agency, where he has more freedom to only sell while the company takes care of the administrative and legal aspects, such as advertising properties on websites and building a portfolio of properties that their agents can offer.
However, everything comes at a cost. Of the usual 6% commission, the broker who performed the entire trade and sale takes only 1%, sometimes 2%, rarely 3%. The rest is for the profit or maintenance of the property. This charge is logical, it cannot be denied, it is the payment from the broker to the real estate agent for the infrastructure and support available.
skymarketing strives to be Pakistan's biggest real estate developer ever, guaranteeing the highest international standards, prompt execution, and lifetime customer loyalty. For further detail visit tajarat.com.pk
In order for the realtor to achieve more earnings in the profession, we have set out some tips and paths to follow that can help maximize earnings.
Working on my own
Practically the only way to have the entire commission amount for you. So, you need to take care of real estate acquisition, prospecting for clients, negotiation, legal, financial, marketing, your website, blog, etc. Acting like a one-man army, a one-man real estate agent.
Despite getting 100% of the commission, you wouldn't have the same time and perhaps not as much willingness to take care of all this and still be able to give due attention to the negotiations at the table. You could probably handle one sale at a time with due attention.
It is the path of stones. There are good gains, but many difficulties.
Focusing on a region or market niche
Another way to make more money as a realtor is to become an expert in some niche market. This requires time and dedication to achieve two things:
- know everything and all properties in the region;
- your personal brand be seen as an authority in the field.
It takes time, but in the end it tends to be a perennial achievement, one that you would only ruin if you made a serious mistake.
Regardless of whether you are associated with a real estate company or working on your own, this ends up attracting more interested clients to you. Probably more qualified.
The same works with being focused on a segment, like high-end or commercial real estate, for example. In a big city like São Paulo, it would work perfectly to be focused on a neighborhood and a segment – since the territory and the amount of real estate support this focus.
The Middle Way: independence and focus
Now imagine bringing together the best of these three worlds: real estate support, freedom of action and focus on being an expert. Does this seem difficult? Looked like! Technology combined with entrepreneurship already allows us to act in this way as a realtor.
It's time to get to know AoCubo, a tool focused on the real estate market where the realtor can access the real estate stocks of different companies in addition to sending a direct proposal to the developer so that you can produce much more in the same period of time.
All this would be perfect, but with the platform you still earn THE BIGGEST commission in the real estate market. All this free, make your registration right now.
It's your choice. Which path will you follow to sell more and earn more money in the real estate market.
