Boris Piko Broker of Record, Owner, CEO
PH: 905-826-5888 Email
Century 21 Top Producers Inc.
8 Maiden Lane
Mississauga, ON
Plain Truth about Real Estate Agents:
Real Estate is a top weight industry; with as few as 10% of all agents making 90% of the money.
(FROM TORONTO LIFE MAGAZINE/Feb 2003)
SURPRISED?
WHY 90% OF AGENTS DON'T MAKE A DECENT LIVING?
WHAT IS THE SECRET OF THE 10%?
All you need is self-discipline and set goals for yourself
"A lot of people can't cope with the freedom," says Ozzie Logozzo, director of the Ontario Real Estate Association (OREA) Real Estate College. "You have to bring a measure of organization and structure to the career. Any kind of computer knowledge, negotiation and people skills will do you good. You should also be a problem solver."
EAGER TO CASH IN:
It's a career that attracts many who eager to cash in on the hot real estate market. OREA enrollment reached close to 50,000 in the late 1990's, dropped to 11,000 in 2000 and climbed to 37,600 in 2004. But only a small percentage become licenced salespeople.
"The statistics shows interesting insight, not because of the number of people who enrolled in the program, but because the number of graduates is lower," Logozzo says. "The program is a lot more complex than most people expect. Last year, only 5,000 people graduated."
The first step is to successfully complete a three-phase preregistration program offered by OREA Real Estate College. It develops and offers courses on behalf of the Real Estate Council of Ontario (RECO), which administers the Real Estate & Business Brokers Act on behalf of the Ontario Ministry of Consumer & Business Services.
The first phase is offered on-line or through correspondence and typically takes 30 days to complete. You can complete remaining courses on-line, in the classroom at locations throughout Ontario or through correspondence.
"Prerequisites are built into phase one, which requires English language and math proficiency," Logozzo says. "After that, it's an attitudinal thing. You must be prepared to work hard, be self-disciplined and a go-getter."
The second phase typically takes 60 days to complete. The third phase takes 80 hours to complete -- at least half of which must be completed in class. It will cost you $1,420 to complete the three phases.
You then have one year to register with RECO and a broker to obtain your probationary licence. During a two-year articling period, you must take an additional three courses at a cost of $1,430. Once you've obtained your permanent licence, you can sell both residential and commercial real estate.
Continuing education is mandatory. All registered salespeople must complete 24 credit hours every two years.
HOW MUCH WILL YOU EARN?
It's important to plan your finances, especially when starting out. After all, it can take weeks from the time a property is listed until it's sold and another month or two before the deal is closed and you receive your commission.
It's difficult to predict how much you'll earn in a year until you've got a few years under your belt. Income can vary dramatically from one salesperson to another because it's largely dependent on personal sales ability and people skills.
However: " I can guarantee you $60,000.00+ the first year!" says Boris Piko, Broker Owner with 35 years of experience in the Real Estate Industry. "All you need is the CENTURY 21 on-line training course and incorporate it into your 40 hour work week." advised by Boris Piko. " I will attend with you on appointments to make sure that you close the sale or the listing. The Plain Truth is that 90% of Agents do not work 40 hours a week and subsequently they do not make a decent living. Most importantly most agents do not prospect regularly. Constant daily prospecting is the key to success, without prospecting nothing happens." advised by Boris Piko.
"It only takes one sale a month to make $60,000.00+ It's that easy."
MOTIVATION combined with POSITIVE ATTITUDE is key to continued success. "You have to be in it for the customer, not just for yourself," says Greer. "They're the ones who will give you referrals, which makes your job easier. You only get out what you put in."
If you don't have a POSITIVE ATTITUDE don't even think of becoming a Real Estate Agent, but if you insist, join our comparator.
Click on the video to see what you.ll get with Cenrury 21. Training, personal mentoring and coaching. Guaranteed success! Compliments of: Boris Pio, Brokew Owner, President.