Real Estate is a practice as old as civilization itself, because land stands as one among the most basic needs a human can have. Since time immemorial, there have been people who need land, and since ancient times, there have been real estate brokers (perhaps by some other name).
These days that role has indeed been refined, yet the need for land has only grown. Nearly every individual can find themselves dealing with a real estate broker in some capacity at one point in their lives. Some of us even deal with them more often than the average person. The point is, real estate brokers are a necessity in civilized society, and over time that role has gone through some changes in recent years.
What separates the old and the new? The information available to us, keep reading to find out where we came from, and what we could be!
In the past, being a broker was seen more as a side-hustle than an actual job. There were no guidelines or standards in place and anyone could simply assume the position at will. And as it often was in such cases, the person in question would actually have little to no working knowledge concerning real estate.
Real estate at the time was unregulated and thus the industry became a haven for criminal elements as well, protected and propagated by corrupt leaders of the time. It quickly became a position with a lost reputation.
However, in the age of information and technology, the Real Estate Industry has undergone some changes so drastic it may well be called an evolution.
Land may be constant, but Real Estate is hardly a static industry. The last few decades have seen more improvement than the rest of the history of Real Estate combined. The age of information combined with transparency laws ensure that any customer who works with a real estate broker is made fully aware of all circumstances of the deal.
The internet is also every Real Estate Broker’s greatest strength, where nearly all information is readily available in the form of documents and online Real estate management courses.
These days, real estate brokers are required to be well-informed of the process in order to help their customers as well as their careers. This is the effect of the Real Estate Development And Regulation Act, which was put in place to ease the turmoil many once faced when it came to buying a home.
Real Estate is now a viable industry with a product that never goes out of style. If there was a golden age to be a real estate broker, this would be it!
If Real Estate were a rocket, then computers are the boosters! Software used for bookkeeping, financial management, productivity, and many other CRMs only make a real estate broker’s life easier.
A broker is now seen as a provider of end-to-end solutions for any real estate problem, and they usually are indeed trained and educated to play the part!
For those who want it, yes! Everyone has a different style of doing business, but all brokers must have an adequate level of knowledge if they wish to thrive in the industry.
Luckily, the information they need is quite easy to grasp, and is merely a step away.
Find out more about how one can dominate the real estate industry with the right knowledge, reach out to us at REMatrix Academy today and acquire the knowledge you deserve.
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