Become a Real Estate Agent In Canada
If you’re considering taking up a career as a real estate agent in Canada, this article should help you understand what to expect.
Qualifications
To become a real estate agent in Canada, you should have certain qualifications such as;
#1. A high school diploma
#2. A good educational background in real estate financing
#3. A real estate license, which can be obtained by a written licensing test
#4. A sales or marketing background
Personal Skills
A good and friendly personality, enthusiasm, a passion to be helpful, maturity and trust-worthiness are important qualities for becoming a real estate agent.
You also have to be patient because the job often requires long hours and days presenting houses or property to potential buyers who in the end, may or may not buy the house. Most people have jobs and other obligations which they do during the day, so they may decide to search for a house or property during the evening or weekends. As a real estate agent, you must be willing to be available on short notice any time your clients may need you.
What Real Estate Agents Do
A real estate agent does the following as part of his or her job:
#1. A real estate agent searches for properties by getting connected to sellers who want to sell their homes or property and acting as an agent for them.
#2. A real estate agent finds properties for potential buyers
#3. A real estate agent presents the houses and property to the potential buyers
#4. A real estate agent convinces the potential buyers to buy the house at a reasonable price.
#5. A real estate agent acts as an intermediary between the seller of the property and the buyer
#6. A real estate agent inquires and is current about ongoing information in the real estate business
Real Estate Agents Income
What do Canadian real estate agents earn?
Most realtor agencies pay salary on a weekly or monthly basis which is also based on a percentage of the sale price. A real estate agents earnings tend to increase with experience.
According to PayScale.com, below are the average salary ranges for real estate agents in Canada in different categories. Some agents may earn less while others may earn more. This however depends on your agency and how good you are at your job.
Average Salary Range
Salary $35,126 – $78,959
Bonus $3,966 – $19,813
Profit Sharing $972 – $10,174
Commission $14,916 – $64,525
Total Pay $41,409 – $106,619
