Strengths
As a professional, I have a solid understanding of real estate taxation. Unlike other forms of corporate and personal tax, real estate taxation is complex in one way or another. Any professional agent who seeks to …show more content…
A condominium is a form of housing where the owners have rights on the property, the land and amenities such as the clubhouse and the swimming pool. The buildings are under associations that govern them regarding maintenance, cost allocation for maintenance and nature of projects to be initiated in the property. I have gathered adequate knowledge related to the rules that have been set by the condominium associations.
Another form of my strength is that I have access or knowledge of several hard money lenders. Any real estate agent that works with some investors is expected to know several hard money lenders. The agent should be in a position to get an investor to a lender or connect the investor to someone who knows them.
A professional real estate agent must be respected within their neighborhood. Personally, I have managed to gain the respect of people within my neighborhood and my professional cycles. The community, the churches, and schools know my personality, and they can have positive reviews about me and the nature of work that I do. …show more content…
In case of an emergency that requires that an extensive amount of investment is used, I will not manage to get the money from my savings. As an agent, it is important to have some savings so that in case of a job that requires huge investment, there will be less need to acquire finances through loans.
The other form of weakness is that I have little knowledge in property management. The area of property management is growing in the real estate field, and individual agents are making sure that they develop their skills in this area through training. The element of property management entails the control, oversight, and operations of real estate. Professionalism dictates that I need to have extensive knowledge of this important practice.
The other form of weakness is my lack of an office with the back office staff. The fact that in most cases I meet clients in arranged locations make it difficult for them to understand the nature of my business and whether I can handle the work that has been highlighted in my profile. It is important for an agent of high caliber to have an operation space with full-time backroom