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Articles about real estate in Estonia » World behind the curtain » Pros and cons of working in the real estate industry: peculiarities of the profession that few people know about

Pros and cons of working in the real estate industry: peculiarities of the profession that few people know about

World behind the curtain
23.12.2023
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Pros and cons of working in the real estate industry: peculiarities of the profession that few people know about

Working in the real estate industry can be both exciting and challenging. Let's consider the specifics of this profession in the context of Estonia - a country with a developing market and unique opportunities.

Pros of working in real estate: Flexible schedule - professionals often have the ability to plan their own day.

Opportunity for good earnings - Real estate in Estonia offers competitive commissions, especially for experienced agents.

Variety of tasks - each deal is unique, making the work less monotonous.

Career growth prospects - successful agents can start their own agency or move into higher management positions.

Cons: Competition - brokers have to stand out among their colleagues to attract clients.

Unpredictable income - without a fixed salary, income can vary significantly from month to month.

Emotional strain - the work is directly tied to communication with clients, who can sometimes be difficult.

Specifics of the profession: In Estonia, knowledge of at least two languages is required: Estonian and Russian or English, which expands the potential client base.

Closing a deal often requires deep knowledge of real estate law, which necessitates ongoing education.

Real estate agencies in Estonia often represent an interesting combination of European work standards and unique local features of the regional market.

So, this line of work is suitable for those who enjoy social interaction, are prepared for income fluctuations, and have the ability to quickly learn new things. On the other hand, it can be challenging for those who prefer a more stable and predictable work environment.

Choosing a career as a real estate broker should be done by evaluating the pros and cons, while keeping in mind that behind every successful sale are hours of hard work and relationship-building with both clients and properties!

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