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Real Estate Careers in Atlanta

REAL ESTATE CAREERS IN ATLANTA

Real Estate Careers in Atlanta

America's Network Realty Group Inc. is looking for dynamic, resourceful, innovative and reward-seeking professionals. Our team includes experienced and motivated self-starters who thrive on the excitement and energy of a start-up environment. If you are an accomplished professional with a good sense of humor and a resourceful "can-do" attitude, we would live to talk to you.

Real estate professionals are tied to the development of our society in a very direct  way and participate in decisions that will shape the way we live for centuries. Work in real estate is personally rewarding, ever-changing and challenging. Take some time and consider your potential in the field of real estate. Skills and Requirements;Investment banks want employees with a combination of strong analytical and interpersonal skills. Some jobs lean more towards one skill set than another (e.g. brokers need to be mainly sales people). A typical job of an equities analyst requires both analytic and interpersonal skills. The skills involved include:

Key Skill Area

Requirement

People skills:

High

Sales skills:

Very High

Communication skills:

High

Analytical skills:

Medium

Ability to synthesize:

Low

Creative ability:

Medium

Initiative:

High

Work hours:

20-70/week

Excellent Job Opportunities, The field of real estate involves the sale, management and analysis of land and properties. This is one of the largest parts of the economy and offers excellent job opportunities.

Tough to Break In, It's relatively hard to break into investment banking. You need to be prepared to pursue firms on your own after you have thoroughly prepared yourself. The Field is Highly Entrepreneurial, Real estate jobs tend to be more entrepreneurial and create opportunities to become wealthy if you have the right mix of analytical skills and entrepreneurial drive.

There are Many Ways to Play the Field, One of the exciting things about real estate is that it can be approached from so many different ways. You can be a white-collar worker projecting and analyzing cash flows from new developments with spreadsheets; an agent in the field with heavy contact with customers on a day to day basis; or an entrepreneurial property owner/manager looking for undervalued real estate buys and strategies for creating value.

Multiple Entry Points Available, There are a variety of ways to break into real estate. If you are interested in the sales

side you need to get licensed and should go to work for a commercial or residential broker. If you would like to get involved in property acquisition and analysis you should get a higher degree with a specialization in real estate and go to work for a major property management company. There are also many other ways to enter including through corporate site selection departments, governmental entities and banks.

Job Descriptions

Residential Real Estate Agent/Broker, Real estate agents and brokers are usually independent sales professionals who contract their services to real estate brokers in exchanges for a commission-sharing agreement (normally six percent). There are over 400,000 real estate brokers and agents in the United States. To become a broker you must be at least 18 years old, a high school graduate and have passed a written test on property laws and real estate transactions. Most states also require 30-90 hours of classroom training. You can visit the National Association of Realtor's web page at http://www.realtor.com/ to find out more about this career area.

Commercial Real Estate Sales, Commercial property brokerage offices use sales associates who market office buildings, hotels and many other types of commercial real estate for brokers. Commercial real estate sales people usually specialize in a particular property type such as apartments, retail, office, hospitality, shopping centers and industrial plants. Most of the large commercial brokerage companies in the United States provide a great deal of local market data and research in order to be able to service a cadre of sophisticated clients who are making multi-million dollar investment decisions. Several trade organizations represent the various commercial real estate subspecialties including the

American Industrial Real Estate Association,

the Hotel and Motel Brokers of America,

the National Association of Industrial and Office

Properties, the Real Estate Exchange-a forum for women in commercial real estate, the International Council of Shopping Centers, and the Society of Industrial and Office Realtors.

Additionally, the Commercial Investment Real Estate Institute (CIREI), through its education program, has been conferring the Certified Commercial Investment Member (CCIM)  designation since 1969.

Development and Construction, Are you willing to work hard and take risks to develop new properties? Then a career in real estate development may be for you. You can enter this business working for another developer, moving up to construction manager, or you can strike out on your own, starting with some smaller transactions. Good developers are results-oriented and know how to get work on time which involves managing labor, establishing time estimates, getting appropriate equipment operators and construction crews.

Real Estate Entrepreneur, Real estate is one of the last bastions of the free-enterprising entrepreneur who buys properties in hope that they will rise in value because of improvement in market conditions or renovations. Since WWII some of the wealthiest persons in the world have been real estate entrepreneurs. To make it in this career you need to be savvy, hard-working, willing to take risks and fortunate. Remember, there are others who would also like to become wealthy in real estate who will be bidding on the same deals and properties that you will. It is important, then, to think carefully of how you can succeed in this market through better wits, a superior management approach or a unique niche strategy.

Salaries

Pay in real estate depends greatly on what you do. Some of the wealthiest people in the world have made it in eal estate. But, for most of us, salaries are lower. In 1992 the median salary of property and real estate managers was $21,800 a year. However, many made more than $50,000 a year. This is a business where you can make good money with hard work and a little luck. Your responsibility matters too. For example, the median salary of property managers responsible for shopping malls is close to $80,000 and the median salary of those who manage office buildings was $95,000. Salaries in real estate sales are very difficult to characterize. It is said that one in thirteen Californians has a real estate sales license; but most do not make any money in a given year. That said, full-time, hard working sales people in real estate can make $70,000 a year after being in business long enough to build up a client base.

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ATLANTA REAL ESTATE SEARCHES

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ATLANTA HOME BUYING TIPS

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No matter which way you look at it buying a home is a major investment But for many homebuyers, it can be an even more expensive process than it needs to be because many fall prey to at least a few of the many common and costly mistakes which trap them into either:

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