real estate career

A career in real estate is often thought of as a business. As a real estate negotiator, you're self-employed. You're no longer an employee in a 9 to 5 job. You do not have a boss looking over your shoulders and barking orders down your neck. You've to do everything by yourself as a self-employed. You're in charge of your own real estate business. Your income correlates with the amount of effort...

In real estate, there are 2 main categories of products - primary market products (undercon or projects) and secondary market products (subsale). Undercon means a purchaser is purchasing a property directly from a developer. Subsale means the second purchaser is purchasing the property from the first owner and so forth. As a realtor, you can choose to work with the vendor of the subsale...

This is a public service announcement to all purchasers and tenants from realtors. We hope to create synergy with our clients and save time in the process. While we realtors provide our own service, purchasers and tenants too have a responsibility to provide their own service.  Exclusivity Inasmuch as vendors and landlords are advised to practice exclusivity; purchasers and tenants too are...

This is a public service announcement to all vendors and landlords from realtors. We hope to create synergy with our clients and defuse the amount of "fake news" in the real estate industry. Cooperation with the realtor doesn't stop at the handover of the property, it stops after that. While we realtors provide our own version of after-sales service, vendors and landlords too have a responsibility to...

Realtors are commonly known as "open door & close door salesmen." The public's perception is that our job solely entails opening and closing doors for viewings. They already have preconceived notions about realtors thereby the creation of unrealistic expectations. Hence, this article sets forth to address the common misconceptions about realtors. This article attempts to educate the public about...

(adsbygoogle = window.adsbygoogle || ).push({}); The deal about real estate is matching a prospect and a purchaser with a property. It is a matchmaking business. We pair the right buyers and sellers together, and the right landlords and tenants together. Sometimes, a mismatch happens to begin with. We've a property or listing but no purchaser. On the other hand, we've a purchaser or prospect...

In real estate, there are 2 categories of real estate agents/negotiators. GeneralistSpecialist Generalists focus in a general location without a specific location. For example, a generalist covers Petaling Jaya (PJ), Kuala Lumpur (KL), or Shah Alam. These are still very wide districts in themselves. In PJ, there are many townships - Damansara, Kelana Jaya, Bandar Utama, etc. Furthermore, there is a...

Property investment goes by the mantra "location, location, location." Investing in the right location has the potential to yield significant returns. The location has to have sufficient amenities in the vicinity to support the population and have a potential for continuous growth. It is never truer for real estate agents. The mantra "location, location, location" also applies the same in the real...

Soliciting Sales & Purchase Agreement After the loan has been approved, the next step for Mr & Mrs Tan is the Sales & Purchase Agreement (SPA). It is a legal document outlining the terms and conditions whereby Mr Chan (vendor) has agreed to sell the property to Mr & Mrs Tan (purchasers), and the purchasers agreeing to purchase the property from the vendor. The standard practice is...

Even though both parties have mutually agreed on a price, but the deal has yet to be concluded. It is only 50% in progress. A few documents are required and have to be completed in order for the first part of this deal to be closed. Authorisation To Sell (ATS) or appointment letter by the sellerAgreement To Purchase (ATP), confirmation for sale form, or booking formEarnest Deposit (ED) via cheque/...