Careers Guidance

Ambergate Realty Advisors enjoys a team like collaborative culture. Unlike many traditional brokerages in the metro Edmonton area where REALTORS® often compete against one another, (even in the same office), we are partnering with team minded REALTORS®, staff members and outside associates who cherish the opportunity to work well together. Our clients receive the best experience and our professionals enjoy a high quality professional and personal life.

To read the bios of ALL team members please click on this link: Learn More About Our Team Members

Found 24 blog entries about Careers Guidance.

1.  Large or Small Brokerage?

In my opinion, a big brokerage favours the broker i.e. the broker is only running a large cash flow machine and is simply making money off lots of agents. The larger the brokerage, the more impersonal it is and the more likely you are just going to be a number. It would be natural to assume that the more REALTORS® in the office the more help you might get. The opposite is true. Other REALTORS® in a large brokerage are your competitors. In most cases, you will be left to fend for yourself. It’s the culture of larger brokerages.

A small brokerage on the other hand is likely to have a definite ‘feel’ or culture. In some cases you will be treated ike a partner. If you can find a brokerage that has the right culture and

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Perhaps you have always dreamed about a career in real estate.

Perhaps you have already worked your way through the licensing program & you are looking for ways to enter the industry.

Unfortunately, most newly minted REALTORS® & almost everyone who are in the “this looks like a good career for me” stage of their research, have NO clue how to be successful ,or how to build a lasting career in the real estate industry

Most Brokers will let you believe what you want.

From the outside, our industry can seem exciting. Intoxicating even. Especially if you have watched any of the realty TV or Netflix shows like Selling New York or Selling Sunset. Most brokers here in the Edmonton area will talk about how much money you can make. How much freedom

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One of the Home Buyer Advisors on my team came to me this past week and asked what I thought was a really good question.

How do I get my clients to avoid low ball offers?

Whilst its true that during the first part of the Covid 19 pandemic, our market values did drop, they have risen steadily since March and April to a point where they are now 2% HIGHER than this time last year.

And with falling inventories as the half hearted home sellers give up during the last 4 months of the year, against the back drop of strong demand from what I call the “we want to be in by Christmas crowd” I expect home prices to remain strong for the balance of the year and we may even see a peak during the last 3 months which I have witnessed occurs every year in our

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Want to be a successful and professional REALTOR®?

Remember these 5 rules and you won’t go far wrong:

1.  Show Up

The real estate business is a contact sport. Potential home buyers and home sellers expect you to be proactive when it comes to serving them, advising them and asking for their business. You will find that there is a direct relationship between your willingness to reach out, to serve, ask for commitment and your success.

2. Pay Attention

Clients expect you to pay attention and to show them that you are listening to them. When they share information take notes, challenge them if you don’t quite understand what they are saying or if you can see that they are making false assumptions. By helping clients change an incorrectly

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1. Earn Your Real Estate License. Working as a REALTOR® in the re-sale market (used homes) and assisting buyers who wish to purchase from builders is regulated in Alberta and you must be licensed.

There is a number of steps to this process.

a. You will need to check that you are eligible to be licensed with RECA (Real Estate Council of Alberta).

b. You will need to complete your studies. At the current time RECA provides all training. As of this moment there is 3 modules you must complete to be eligible to trade in residential real estate. Most folks can get this done in 3 to 6 months if they really work har

c. You must pass an exam to test your knowledge. At the present moment, RECA allows student 18 months to get to this stage.

2. You

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What Do Many People Think the Job is About?

Many people we talk to want to get into real estate for 4 keys reasons:

  1.     They like looking at homes & think it could be so much fun to go shopping every day
  2.     They have an interest in design or architecture
  3.     They see it as quick & easy money
  4.     They are highly individualistic, & they want to be in charge of their own destiny

What the Job is Really About

  1.     Finding & identifying people who require your services
  2.     Developing relationships with people
  3.     Providing people with information, insight, expert advice & confidence to make decisions
  4.     Long hours & you might often be expected to work at times when most people want to be off work

The Benefits of

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Your broker & brokerage enable you to legally trade in real estate. At the very minimum the brokerage is responsible for supporting your licence & acts as an admin centre for processing your transactions.

However, not all brokerages are created equal

Consider looking for a brokerage that can support you in 3 key areas:

  1.     Identification of new clients (on-line or from the market & community)
  2.     Training (technical & client management skills)
  3.     Brokerage & conveyancing services

Like most things in life you get what you pay for.

Low Fees – Low Support

Some brokerages offer you nothing more than a place to deposit paperwork & collect commission cheques.

You will have to look elsewhere for training, mentoring & set up

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It’s been my experience that many new licensees simply don’t take the time to learn about the industry in terms of how its structured or where the best opportunities might be for them. Let’s spend a couple of minutes discussing this.

In the past the industry was very easy to enter i.e. low barriers to entry. An easy licencing process & lower costs.

Every year it gets harder & more expensive to enter the industry.

The industry in general still operates on 2 levels. Brokerage & thousands of

“cottage industries” i.e. many one band REALTORS®.

Consumers are now demanding a higher level of service, 24/7.

Across north America we are seeing 2 growth trends emerge:

  1.                Local boutique brokerages (many consumers &
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Working as a residential REALTOR® is still one of the lowest cost – highest return business opportunities available to you.

However, you will still carry overhead. You must also be prepared to spend a great deal of your time building momentum.

In general, your annual overhead could look like this:

Sole practitioner

(in a traditional brokerage)

Team Member

Ambergate Realty Advisors

Annual licencing & memberships

(per annum)

$4,000

$4000

Website maintenance (website set up might be an additional $5,000 to 10,000)

$9,000

included

Electronic tools

(doc signing & transaction management)

$1,000

included

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Our name sums up our core values.

 

Amber - considered by many to hold healing qualities.

 

Gate - a sign of transition.  

 

In essence, we help clients 'move forward' & make a positive transition. If you see yourself as a trusted advisor rather than a salesperson, we could be a great fit for you.

 

Our Strengths

We are a distinct established & local brand boutique brokerage. Collectively our team has decades of home buying & selling experience.

We help introduce you to potential buyer clients. We offer you the use of our excellent website with a fully functional CRM (Client Relationship Management system) built in.

We have created a comprehensive online & offline marketing campaign for the benefit of the entire

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