Here are the steps you may follow to become a successful real estate agent in Dubai if you want to make your mark in one of the world’s top property markets.
In essence, a successful real estate agent is like a symphony director, organizing many performers to accomplish success. At various stages of the transaction, real estate agents act as salesmen, buyer advocates, analysts, business managers, consultants, negotiators, and marketers.
Being a real estate agent involves a great deal of effort, devotion, and strong interpersonal skills. The RERA license is merely the first step. If you put in the necessary time, patience, and effort, you can be successful in your work. A great real estate agent must be innovative, responsive to the demands of customers, and have excellent bargaining abilities.
in order to launch your career With a firm that combines technology, cooperation, and customized service, property buyers and renters may take charge of their search for Dubai real estate. An organization devoted to providing individuals with the necessary information, resources, and skills to help them discover, sell, or rent a house or business with ease and fun.
Enroll in the Dubai Real Estate Institute’s Certified Training for Real Estate Brokers course (DREI). After finishing the course, you must take the test, which if passed will get you your license, which you must renew every year. Please contact Dubai Police to get a Good Conduct Certificate. Your company will provide you with a Broker ID. You are now prepared to start your agent career! Because each emirate has its own real estate regulating agency, you can only work in Dubai if you have an RERA broker ID.
If you want to work in real estate, you’ll need to learn about the rules governing rental contracts, acquiring and selling, land usage and building, and dealing with landlord-tenant conflicts.
Make relationships to expand your network. Connect with other real estate agents, potential buyers, renters, and sellers in the sector, as well as appraisers and mortgage loan officers. It’s astonishing how much business can be generated via referrals. Consult with experienced agents to understand how they expanded their network, inquire about your firm’s usage of customer management software, solicit recommendations from your clients, and make the most of social media.
Concentrate on current leads by phone, email, and referrals. Take advantage of local events and leverage technology to differentiate your listings with virtual tours, walkthroughs, and captivating photos. Send a monthly e-newsletter to your current and potential clients. Make an investment in excellent after-sales service and follow-up.
Learn more about your target demographic. Make sure you understand how the neighborhood works, as well as the schools, malls, and transportation options nearby, and incorporate them in your sales presentation. If you can afford it, you may try moving to the neighborhood to discover what you like and hate about it, as well as network with inhabitants to acquire additional listings. Make yourself the go-to person in your region for information on rental and sales properties. Maintain an eye on price rises, declines, and market projections. Understand the amount of inventory available, the number of possible purchasers, and how long the inventory is projected to endure.
When pricing your properties, keep market trends in mind. Make certain that the price you are asking is within the current market range. It is critical to obtain the highest possible price for your client, but it is equally critical to remember that if a property lies on the market for an extended period of time, you may lose your customer! Give your clients your whole attention, empathize with their concerns, and only promise what you can deliver.
As a real estate agent, you must have the persistence to chase every lead and aggressively advertise your customers’ properties. You must work intelligently, devote adequate time, be self-motivated and driven, and be able to make sound judgments.
“Real estate brokers are the most visible representatives of the business, and the department wants them to be completely informed of their rights and obligations in order to serve consumers successfully,” according to RERA. A smart real estate salesperson sells themselves as well as the homes they sell. Have a positive attitude, be pleasant and honest, believe in your skills, and demonstrate an interest in helping others and yourself. Watching, observing, and learning from your seniors can help you enhance your capacity to deal with new situations.
Keep up to date on the newest real estate trends. By exploring these possibilities, you may use continuing education and professional development to extend your company alternatives and stay at the forefront of your chosen sector.
If you want to work at Dubai’s largest real estate firm, please email your CV here.