Friday, 16 August 2013

Medellin Real Estate Tips For Beginners

By Andres Marquez Gamboa


The medellin real estate industry is definitely one of the best place to earn a lot of money and gain a lot of exposure when it comes to properties and houses. If one may observe, he will see that brokers who work in this kind of field earn really big commissions. Now if one would want to pursue this kind of field, then there are some things that he must first take note of.

Now the first thing to do would be to go to a special school that teaches this specific type of course in order to learn the ropes. It is essential for a beginner to first be able to pass the course in order to begin his career. So in order to start, he should first look for a school that teaches this.

After he has done his formal education, then the next step would be to take a small test. This test is a state or country exam that is unique for each country and will be the basis of whether an individual can become an official broker or not. As long as one passes the test, then he can proceed.

When he is already ready with the educational background, then he may actually start working under a licensed broker. He will be undergoing an intensive salesmanship training program and will be trained as an intern. Now this step is actually optional but it can really help him be able to grasp what it is like to work as a professional agent.

When one has already done all of these things, then he can start working his way in the market of property and homes. One thing to do would be to simply invest in a piece of land that does have the potential to become really big with the buyers. If one does not have enough money for the venture, he may look for a person who can be able to help finance the venture.

With this budget, one will be able to estimate how much money he will be needing to ask the financier or how much he must shell out himself. Of course when he starts doing up the house, he must start simple first because he will not be able to afford grand entrances. So if one would want to save some money, then keep it simple.

When one has prepared the financier, the budget, and the property, then he can start making the place beautiful. Once that is done, then he can put it back into the market so that it can be sold again. If it gets sold, then he will be able to get a very big portion of the profits.

So as one can see, there are many things to take note of before going into the medellin real estate business. Of course all of these steps must be followed if one would want to pursue this kind of career path. From his work experience, he will be able to become a really good broker.




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