What does it take to become a real estate agent?

What does it take to become a real estate agent?

The term real estate agent is not legally protected. But in order to be self-employed and broker real estate as a broker, you need a trade license and permission according to Article 34 of the trade regulations. Both documents are applied for at your local municipality.

Why do you want to be a real estate agent?

A competent and reputable real estate agent helps you to compare your own wishes with the realistically achievable result and to offer your purchase/rental property on the market in such a way that it also meets demand and is not sold below value or because it is offered too expensively it becomes a well-known “slot seller”.

What subjects do you need to be good at to become a real estate agent?

You should be good in GERMAN and MATHEMATICS. Good verbal and written expression would be an advantage. as a real estate agent, your grades should be pretty good.

Can you become a real estate agent without training?

Anyone can become a real estate agent without any professional training. However, to do so, you must meet some formal requirements and submit the necessary documents to obtain the broker license. You need a business license according to 34c GewO in order to be able to work as a real estate agent.

How long does brokerage training take?

The training to become a real estate agent usually lasts 3 years. In the case of particularly good performance, the training period can be shortened by half a year upon application. The training takes place alternately in the real estate business and in the vocational school.

Am I suitable as a real estate agent?

In order to be able to carry out this activity, a degree or training or further education in the real estate sector is required. You also need permission from the responsible authority to work as a broker. The degree program that allows you to work as a real estate agent is real estate economics.

What can you study to become a real estate agent?

Courses such as real estate management or business administration with a focus on real estate and housing are offered by the University of Applied Sciences in Berlin or the University of Regensburg. Training to become a certified real estate specialist is possible at the Chambers of Industry and Commerce.

What is the difference between a real estate agent and a real estate agent?

What exactly is the difference between the two professions? The real estate agent does not own any real estate, but receives a commission from the buyer or seller for successful mediation. The real estate agent, on the other hand, owns real estate and rents it out.

Can you get rich as a real estate agent?

It’s no lie that you can make a lot of money as a real estate agent. However, this is by no means the case for everyone who works in this industry. It can also be the case that in a few months you will make almost no money at all if you do not broker any real estate.

How to get rich

Get rich with these tips: Think long-term. Reduce your costs. Don’t leave your finances to chance. Invest your money. Invest in yourself. Build up several pillars. Don’t be satisfied. Do what is necessary.

What does a real estate agent earn?

Salary comparison – gross income For comparison: A real estate agent earns an average of 2400 euros per month, while a real estate specialist has an average salary of 3000 euros per month.

How much does a real estate agent earn in training?

In the first year of your dual training, your gross salary is 950 euros per month. In the second year it is already 1,050 euros and in the third year of training your salary increases to 1,180 euros.

What do you do as a broker?

Agents procure and prepare all the necessary documents, they take photos and present the property for sale from its best side. They are also experts in evaluating real estate and determine the target group before a property is presented online and offline.

What do you do as a real estate manager?

In addition to the brokerage of real estate and land and the purchase process, the real estate specialist is entrusted with estimates of the market value. In property management, he also takes care of the organization of rentals and technical innovations as well as renovation and maintenance measures.

Is the agent present when the house is handed over?

A property is handed over during a joint inspection. You as the seller, the buyer and a witness for each party are usually present. As the seller, you or the commissioned broker should pass on documents to the buyer, the handover of which is recorded.

What do I need to bring with me to a notary appointment?

Sellers and buyers must bring identification papers – i.e. an identity card or passport – with them. They must also provide their tax identification number to the notary. Notaries are obliged to give the tax office this tax identification number (note: this is not identical to the tax number!)

Can the broker determine the buyer?

The owner decides who to sell what to, not the agent.

What to consider at the notary appointment?

Discuss an alternate appointment or two with the buyer before arranging a notary appointment. In order to draw up the draft purchase contract, you must first send the notary the necessary documents. This includes, for example, the extract from the land register and the information from the building encumbrance register.