The real estate agent profession is not what it was a few years ago. The beginning of the career remains quite difficult, especially from the point of view of the remuneration. Even if the salary evolves according to years of experience, the job is less and less dreaming.
Luxury real estate is an alternative to passionate real estate professionals who still want to earn a living by doing a job they love. However, the profession of luxury real estate agent may dream of prestige and salary, it must earn its place.Property Management Greenville nc where you can easily find properties on rent.
The profession of luxury real estate agent
The profession of luxury real estate agent is a variant of the profession that few people know. However, the profession has been expanding for several years. This variant of the trade is very similar to that of a traditional agent with some differences, including the remuneration and the risks incurred.
As a matter of principle, the luxury real estate agent is a sales representative responsible for selling luxury goods. In these circumstances, neither the conditions of promotion nor those of sale are the same.
Indeed, the cycle of sale of a luxury property is more or less long and the means of promotions are usually scaled to the property for sale. The tools used must be highly sophisticated.
Essentially international, the clientele that the luxury real estate agent meets has much higher demands than a traditional clientele. If he wants to evolve, the agent must have a well-controlled marketing strategy and a solid experience.
Real Estate Agent Salary
The salary of the luxury real estate agent
Generally, the ordinary real estate agent is paid in two ways. He can choose to be paid the SMIC and receive a certain percentage of these sales. Real estate agents who are paid only on commission are usually independent agents.
An independent agent is not affiliated with any particular agency. He must be in the field to prospect, uncover rare assets and negotiate mandates with clients. He is thus paid in percentage on the amount of his sales. It is therefore in his best interest to enter into high value contracts regularly to ensure a steady income.
The real estate agent is an independent agent. But unlike an ordinary real estate agent, he deals with the sale and purchase of goods worth several million euros. Although he has more time to conclude a contract, his commissions are worth several transactions of a traditional agent.
We are talking about 6-digit compensation per transaction. In other words, the luxury real estate agent earns a good living as long as he sells well and concludes big contracts. However, to get there, it takes rigor and a marketing strategy to the point.