As a real estate agent, your job is to help buyers and sellers find the perfect home. You'll need to know about the different types of real estate, as well as the market conditions in your area. You'll need to be able to understand client needs and expectations, and be able to negotiate effectively.
A Vancouver real estate agent works in one of several different types of real estate: residential, commercial, industrial, and land. Residential real estate refers to the sale or lease of property used for living, such as apartments, homes, and condos. Commercial real estate refers to the sale or lease of properties used for businesses or services, such as office space, warehouses, and malls.
Industrial real estate refers to the sale or lease of properties used for manufacturing or other industrial purposes. Land refers to the sale or lease of property that does not fall into any of the other categories, such as vacant land or land that is used for farming.
Real estate agents are typically licensed by the state in which they work. Licensing requirements vary by state, but most states require a real estate agent to have a license from the state agency that regulates real estate dealers. Some states also require agents to have licenses from other state agencies that regulate specific types of real estate. For example, an agent who sells residential property must also have a license from the state department that regulates mortgages.
Real estate agents typically work on a commission basis. This means that the agent gets a percentage of the amount that she sells or leases the property for.