The Obvious Reasons To Hire A Professional Real Estate Agent

For various reasons, it is generally advisable to go through an agent if you’re selling a property. While the economy is picking up and the demand for property is rising constantly, it arguably still a buyer’s market and any leg up you can have over your competition is valuable. A professional real estate agent can give your property the exposure it needs and knows all the tricks get the house sold for a higher price. The statistics show that getting an agent is cost effective given the money, time and energy you’d otherwise spend on selling the house. Other reasons to go with a real estate agent include:

• Chances are your real estate agent has a lot more experience and knowledge than you about how best to sell a property.
• Your real estate agent will have the contacts that can provide services that will help get your home sold.
• Your real estate agent will handle the paperwork. This task alone could take you tens of hours if you choose to go at it alone.
• A real estate agent can help you ideas on what to expect in terms of selling price with respect to market conditions, the neighbourhood you’re in, etc.

Despite the many advantages that come with hiring a professional real estate agent, there are certainly some agents in the market that use undesirable tactics and possibly take advantage of their clients for their own gain. Obviously these are the one you want to be avoiding.
It’s definitely worth doing some homework when it comes to find a real estate agent, follow these tips and you’ll have the best chance of getting an agent you can trust. It’s just not worth taking chances!

Do some research online about a particular agent and if you’re impressed with their online reputation, contact them and make an appointment for a chat. It’s then about sussing them out and getting a feel for how they operate and how successful they are.While reading the profile of a particular candidate check if they have a sound educational background as well.This is important because  having a relevant degree means the candidate have in depth knowledge about the subject. There are a lot of reputed education institutes exists who provide real estate and property management training courses. If your prospective candidate have a degree from any of these reputated institutes, shortlist them.

• Ask how many properties they’ve sold in the past year and how long they’ve been in the industry. You  obviously want someone with good experience.
• Find out as much as you can about their marketing strategy. In the initial consultation they’re not likely to give too much away but they should provide you with a general idea. Nowadays it’s all about the online marketing, with around 95% of buyers finding their home on the net.
• If you ask how much your property is worth, or how much the prospective agent would expect to sell the property for, you won’t always get an honest answer. Some agents will tell you anything to get your business, while honest ones that tell you the truth might not be as appealing because they aren’t claiming they’ll fetch as high a price. Be wary of this and realise that the good, honest real estate agents are your best bet in the long run. After all, it’s in their best interests to sell the property for the highest price they can and quoting you a price that is un-achievable is only going to set you up for disappointment.
• Ask for testimonials. If they’ve been in the industry for a reasonable amount of time they should have a bunch online, but you can’t always trust what you read on the internet. Seeing a real testimonial or even contacting someone that has worked with the agent in the past will give you further insight.

Following these tips will give you every chance of choosing the right real estate agent. Be careful and don’t rush your decision because hiring someone that is untrustworthy can be more trouble than it’s worth.

How Has the Mining Industry Affected Australia’s Real Estate Industry?

Looking at the Australian property market we could classify it into two eras;
before and after the Second World War.

Up until the beginning of WW2, Australia’s economic growth was heavily dependent on agriculture, which however experienced great financial hardship during the Great Depression between 1920 and 1930. Many agricultural businesses started to struggle when investment from overseas fell behind economic problems offshore.

War Cost and Financial Depression

The Australian property market was heavily dependent on foreign investment in the early 20th century. This became troublesome for the economy because there was a significant difference in the expected profit and the actual profit with respect to the investment. The overall situation got worse when the war started as the government needed to invest most of its capital to the war effort, rather than using money to correct national financial problems. These wartime measures provided the basis for rapid economic growth in the period after 1945.

Post War Reconstruction 

After the end of Second World War in 1945 the entire phase of the economy started to change. One of the main effects of the war was to start the 'migration revolution' of post-war Australia. Migrants from traditional sources were not available in large enough numbers so Australia started accepting refugees and displaced persons from the northern and eastern European countries. This added an extra boost in the population and thus the economy.

Australian Government had largely funded the war effort from domestic sources. Post-war economic re-construction was also aided by a decisive policy of national development pursued by the Australian Labor Party. Developing new markets for consumer products, high employment rate, increasing foreign investment and growth of mining industry soon made Australia one of the most developed countries in the world. Given the need for more skilled workers, Australia’s immigration policy was quite liberal during this period and the number of immigrants coming in has increased ever since.

The Boom In Mining Industry

Today, things are once again starting to pick up after a period of rather sluggish economic activity. Australia’s mining sector has been hailed as a saviour to the economy, protecting it from the effects of the severe economic downturns experienced in the USA, Europe and other countries during and after the global financial crisis of 2007-08. The mining sector currently contributes around 8.5% to Australia’s GDP (total output), and employs around 2% of the workforce (about 220,000 people). The biggest impact the mining sector has is on exports - in recent years it has made up over 50% of Australia’s total export earnings.

State governments are financing education and getting behind the trades sector in an effort to encourage the training of skilled workers, which means that there is a great demand for human resources. 

Mining Vs Real Estate 

The real estate sector also has a bright future because of Australia mining industry. It is estimated that 20% of economic growth in recent times has come from the mining industry. So more and more people are spreading to mining industry and this is creating more job. Hence the demand of establishing residential home is also increasing. The Western Australian government is sponsoring foreign immigrants to settle in Perth and surrounding regions to help cater for this. But the economists also have predicted that the real estate may take over the mining industry in Australia in the upcoming years.

Further, the price of real estate has almost doubled in Western Australia because of this mining boom. It can be easily said that real estate business will become one of the major players in the economic growth in some places of Australia. So the need of skilled real estate agents will also rise in those regions. It is a good time for young people who want to build their career in real estate industry to train themselves. Many educational institute like REET offers real estate agents license qualification. Today’s competitive world the value of education in any sector is priceless and we all know that.

Image Source: watoday.com.au,propertyupdate.com.au

How the Boom in Real Estate Is Blooming Careers For Young Agents

The unprecedented recent growth in the housing market has not only been fueling the increment in the house prices, but also in the increment of opportunities for young real estate agents around the country. With the right qualifications and access to one of the country’s leading real estate agencies, many young agents are leading the way when it comes to property management. This career option that is growing in respectability has taken many young agents to national recognition, so how has this boom come about and how can you get to be a part of it, too?

The average house price increase that we have seen of late is driving this boom in the numbers of real estate agents in signing up to get their accreditation.

In the capital alone, house prices saw a 9.3% increase in the average price tag last year which compared to the 2012 figure of 2.1% you can see how quickly this boom is travelling.

Help funding your real estate training course

Thanks to the boom in the housing industry, the government in many states have offers help with funding real estate training courses for those who wish to follow this booming career choice. These funds were a great success and have been helping young students pass their accreditation year on year. The sector has significantly improved over the past year to bring with it countless opportunities for young people to start their career.

Real estate agent courses are available across all states to bring you accreditation for the career path you wish to follow. These courses are varied and allow students to start a career in real estate with the many different aspects that industry has to offer. If exceptional customer service, an eye for detail, and a head for business is what defines your working life then this is definitely the job for you.

There will be intense competition within this sector, so being able to understand the market, make shrewd decisions as well as being able to sell a property, then you may well be faced with the career of your dreams. With a booming house market and a boom in the number of jobs available in this sector, you are sure to find the ideal position in the various roles available to you.

An eye for detail, a head for business

There are many different roles in the real estate industry, including estate agent, salesperson as well as property manager and auctioneer. These differing roles require different abilities, but also require the overall sense of customer service and a head for business. There are also opportunities in the industry for corporate stock purchasers, valuation expert as well as support staff roles you may take before embarking on your real estate training course.

If the property industry is for you, then why not take advantage of one of the great real estate training courses available to you. In no time at all you can be learning the tricks of the trade and be in your real estate role in no time at all. With so many different positions available for you to choose from within the industry, take your time and pick the best role that suits you and you could be enjoying working the way you love.