The Facts About Santa Cruz Real Estate Agents

Posted by Lauren Spencer on Saturday, April 25th, 2009 at 9:01am.

Many people think that Santa Cruz real estate agents have it pretty easy.  Once they start investigating, however, they find that being an agent is a difficult and time consuming job.

Real Estate Training
All states, including the District of Columbia, require agents to be licensed which requires hours of training and test taking. 

Depending on the state, you need between forty and ninety hours of specific coursework. 

Once the coursework is completed, you have to pass a state exam on real estate law and practice.  In most states, an agent then has to find a real estate broker to work with.

To become a broker and be able to manage their own brokerage, Santa Cruz real estate agents have to gain experience.  This means more coursework, as well as a broker's state exam on real estate law.  Only then, can agents work on their own as licensed brokers. 

Real estate agents and brokers have to take more courses and another exam approximately one year to eighteen months (depending on the state) after they become licensed, and then every four years.  In addition to this, the best real estate agents constantly take courses to stay current on industry rules and regulations and to learn more about specializations such as seniors, buyers, sellers and

Nature of the Job
• Research – Agents spend a large amount of time learning about the homes in the neighborhoods in which they specialize.  Once they obtain a property listing, they compare the property with similar types that recently sold to figure out the market price for the property.

• Marketing - A large percentage of an agent's income is spent on marketing.  They have to pay to market their services as well as market the homes they list for sale. 

• Negotiating - One of the keys to being a great real estate agent is outstanding negotiating skills.  You must be extraordinarily knowledgeable and talented to successfully negotiate real estate contracts that benefit your clients.

• Overtime – There's no such thing as being paid overtime as an agent, though most agents work well over forty hours a week.  They're frequently on call for their clients, and working weekends is mandatory.

This is just a small portion of what it takes to be a real estate agent who helps people successfully buy and sell homes. 

Would you like to work with one of the most successful Santa Cruz real estate agents?  Give me a call now at 831.662.6522 or lauren@laurenspencer.com  I'm happy to be of service!

 

LINKS:

Real estate training

Property listing

Negotiating

About Lauren Spencer

Award-Winning Santa Cruz REALTOR®

Lauren Spencer is your local real estate expert, specializing in Santa Cruz real estate and surrounding communities—this is where she lives, works, and plays too. Let her know your questions about the community and county and she'll be happy to fill you in on all you want to know! Lauren Spencer has consistently been voted best local REALTOR in Santa Cruz and is always happy to offer her advice and expertise. Call her at: 800.226.4717.

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