misterbig7... do you have any links or ebooks on how to go int the real estate business? or any one here at this thread that can contribute.... alot of people are making big bucks on just having real estate broker as a part time job.. minsan.. you just have a one major deal a year.. sometimes it is more than what you earn for a year while working on an 8 hr job...
thanks in advance.
There are many books for sale in national bookstore about real estate one of the local author is Edward Tan. His books are well-researched and give full insight on the trends of real estate in the Philippines. This cost about PhP 400 to 500 in paperback. Very useful for me as a real estate professional.
If you want to be a licensed real estate broker like me you should attend Comprehensive Real Estate Review and Seminar for aspiring to venture to this industry given by Real Estate Brokers Association of the Philippines (REBAP) or with Philippine Association of Realtors Board (PAREB) in your local area.
Be warned that there are too many competitors out there not only in Metro Manila but in provinces as well who are way excellent sales people as well.
Being in this profession requires lots of patience and sacrifice before achieving the goal of earning your first millions. Perserverance is also the key. There are many times that I had to endure 20 client calls and only 1 is going to buy a property which is true. I read a book on sales by an author from Cebu which I can recall (maybe some other time).
I admit that being a Real Estate Broker is my part-time job in current times and right now, I am still my holding my 8 to 5 job. Compared to my current 8 to 5 work. Being in the real estate gives you the freedom to be flexible in terms of time and efforts plus the financial stability you incur. I did earn my first PhP 100k in one deal for a house and lot package. If felt great and I felt the itch to continue this profession once I am no longer interested with the company I am working for.
When I was a young property sales agent I handed out flyers like what you see on the real estate people on malls who hand out flyers when you passed by them. Even if it is a very tiring and boring, I learned how to communicate and listen to the client's needs and wants and later on developed my selling technique and strategy. You also need training on sales, wherein I recommend The Harry Pound Company, Guthrie-Jensen Company, De La Salle - CSB etc.
I failed once on my first R.E.B. licensure exam in 2005 and felt the anguish and defeat in my tongue. I retook it again and passed it in 2006. The Department of Trade and Industry - BTRCP was then the one handing out the test. Right now, PRC is the administrator of the exams for Real Estate Brokers.
Edited by RealEstateMan, 11 December 2007 - 05:27 PM.