{"id":3707,"date":"2015-04-10T03:53:44","date_gmt":"2015-04-10T03:53:44","guid":{"rendered":"https:\/\/keblog.demoapp.xyz\/?p=3707"},"modified":"2022-10-19T03:46:31","modified_gmt":"2022-10-19T03:46:31","slug":"the-pros-and-cons-of-working-in-real-estate","status":"publish","type":"post","link":"https:\/\/neo-blog.kalibrr.com\/blog\/the-pros-and-cons-of-working-in-real-estate","title":{"rendered":"The Pros and Cons of Working in Real Estate"},"content":{"rendered":"<p>Thinking of working in real estate? Here are some pros and cons from people already working in the industry to help you in making your decision:<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_26 counter-hierarchy\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">TOPICS<\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table of Content\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/neo-blog.kalibrr.com\/blog\/the-pros-and-cons-of-working-in-real-estate\/#Con_1_Weekend_work\" title=\"Con 1: Weekend work\">Con 1: Weekend work<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/neo-blog.kalibrr.com\/blog\/the-pros-and-cons-of-working-in-real-estate\/#Con_2_Difficult_to_find_leads\" title=\"Con 2: Difficult to find leads\">Con 2: Difficult to find leads<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/neo-blog.kalibrr.com\/blog\/the-pros-and-cons-of-working-in-real-estate\/#Con_3_Expenses\" title=\"Con 3: Expenses\">Con 3: Expenses<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/neo-blog.kalibrr.com\/blog\/the-pros-and-cons-of-working-in-real-estate\/#Pro_1_Flexi_time\" title=\"Pro 1: Flexi time\">Pro 1: Flexi time<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/neo-blog.kalibrr.com\/blog\/the-pros-and-cons-of-working-in-real-estate\/#Pro_2_Travel\" title=\"Pro 2: Travel\">Pro 2: Travel<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/neo-blog.kalibrr.com\/blog\/the-pros-and-cons-of-working-in-real-estate\/#Pro_3_Big_Commissions\" title=\"Pro 3: Big Commissions\">Pro 3: Big Commissions<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/neo-blog.kalibrr.com\/blog\/the-pros-and-cons-of-working-in-real-estate\/#Pro_4_Widen_your_network\" title=\"Pro 4: Widen your network\">Pro 4: Widen your network<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/neo-blog.kalibrr.com\/blog\/the-pros-and-cons-of-working-in-real-estate\/#Pro_5_Youre_selling_dreams\" title=\"Pro 5: You\u2019re selling dreams\">Pro 5: You\u2019re selling dreams<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Con_1_Weekend_work\"><\/span><strong>Con 1: Weekend work<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Everybody loves the weekend. Unfortunately, working in real estate also means that sometimes, you\u2019ve got to work during the weekend too. Depending on the real estate firm or company, you may be assigned to specific properties during the weekend because of increased foot traffic. It&#8217;s no fun working when everybody else is catching a break.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Con_2_Difficult_to_find_leads\"><\/span><strong>Con 2: Difficult to find leads<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Working in real estate requires you to dig deep into all your address books, as well as your mom\u2019s and dad\u2019s, and everybody else\u2019s that you know. You have to constantly look for people who are looking to buy property and let\u2019s face it\u2014a property isn\u2019t exactly an easy, no-brainer purchase.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Con_3_Expenses\"><\/span><strong>Con 3: Expenses<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Again, depending on the company you work for, you may have to shell out some cash when meeting with clients. You have to court them and that means treating them to coffee, meals, or drinks. This may be reimbursed but that might take a while. Some companies also give allowances rather than salary, so it would be a good idea to inquire about this in your interview.<\/p>\n<hr \/>\n<h2><span class=\"ez-toc-section\" id=\"Pro_1_Flexi_time\"><\/span><strong>Pro 1: Flexi time<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In most industries, work starts at 8:00 or 9:00 am. Real estate companies are generally more lenient and will allow you to come in at 10:00 am.\u00a0<em>(Again, this may depend on your employer!)\u00a0<\/em>Apart from this, usually when you hit your quota for the month or for the year, you will have more time to do what you want and when you want. Some people even hit their quota early just to spend the rest of the year off work!<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Pro_2_Travel\"><\/span><strong>Pro 2: Travel<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If your client is looking for property in Davao, Cebu, or any city other than Manila, chances are you\u2019ll get to travel to these places. Yes, it will be a working vacation but it does make it more fun being in a new place. You can surely get a few hours or days off to explore.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Pro_3_Big_Commissions\"><\/span><strong>Pro 3: Big Commissions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>One of the favorite benefits of those working in sales is getting commission. This rate can vary depending on the property you are selling, and it can be anywhere from 1.5-5%. Think of it this way, if you sell a property worth 10M, you could be taking home anything from 150K to 500K.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Pro_4_Widen_your_network\"><\/span><strong>Pro 4: Widen your network<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Selling real estate helps you meet a lot of new people when manning sales booths, attending events, and through your own personal efforts in looking for prospects. You\u2019ll find that your communication skills will also be enhanced as real estate requires constant communication with clients through email, phone calls, and meetings.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Pro_5_Youre_selling_dreams\"><\/span><strong>Pro 5: You\u2019re selling dreams<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every person dreams of owning and buying their own home and being a real estate agent allows you to offer them that. It\u2019s heartwarming to know that you play a part in making people\u2019s dreams come true. Giving a person the keys to their first home that they worked so hard for is quite fulfilling. So there you have it. Now it\u2019s time for YOU to decide!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thinking of working in real estate? Here are some pros and cons from people already working in the industry to help you in making your decision: TOPICS Con 1: Weekend workCon 2: Difficult to find leadsCon 3: ExpensesPro 1: Flexi timePro 2: TravelPro 3: Big CommissionsPro 4: Widen your networkPro 5: You\u2019re selling dreams Con [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":3708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[18],"tags":[],"_links":{"self":[{"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/posts\/3707"}],"collection":[{"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/comments?post=3707"}],"version-history":[{"count":0,"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/posts\/3707\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/media\/3708"}],"wp:attachment":[{"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/media?parent=3707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/categories?post=3707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/tags?post=3707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}