If you’re looking to launch your real estate career in the UAE, numerous agencies will offer you lucrative career opportunities to be a part of their team. As the industry continues to evolve, many agencies claim that they support their agents with resources to empower their work.
But what are the basic expectations one must have about the brokerage they join? And how do you decide which agency is right for you?
In this article, we define the things agents should expect and demand from their agency.
Strong Company Culture
Being a ‘culture fit’ isn’t just about Friday lunches and friendly colleagues; your organisation must offer a collaborative and supportive environment that adds value to your career.
Your agency should keep the industry’s future in mind, and adapt to innovative business practices that can help agents excel in their work. In short, an environment that fosters progress and collaboration. A supportive team environment, rewards and recognition, encouraging managers, etc., should be things to look out for.
In some cases, agencies may exaggerate their culture during interviews and fail to deliver after joining – creating a disconnect between expectations and reality.
Consistent communication with your leadership can help you assess and ensure that it is in tune with emerging trends in the industry.
Comprehensive Training
Constant learning is key to a real estate agent’s success. The industry is ever-evolving, with technology and client behaviour constantly changing. For new agents, this may seem overwhelming, while existing agents risk getting stuck in a rut if they do not keep up with the times.
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This is where training comes in. New agents absolutely need training when they join brokerages. Having a birds-eye view of the industry can help you see what skills are needed to progress and understand the areas that you may need to improve.
Whether with senior agents providing coaching to newer agents or partnering with Bayut Academy, brokerages investing in these trainings will ensure agents will be successful in their first year and beyond.
Training should encompass more than understanding contracts and the requisite paperwork. Effective training should be a hands-on learning experience involving real-life scenarios in the UAE. Role-plays and other activities that include discussing the real situations experienced agents have faced are ideal. Bayut Academy provides these types of trainings for our clients.
Mentorship Initiatives
A real estate mentor offers you advice when needed and will coach and guide you on the path to a successful real estate career.
As a new agent, having a mentor coach is vital for your career growth. They can guide you to understand the intricacies of the real estate industry, and help you discover ways to tackle difficult situations in the course of your career.
Tools And Resources
Agents should have access to the tools needed to excel in the real estate industry, including a CRM, listing management software and property transaction insights data. Bayut offers excellent tools for real estate agents, from BrokerPad, our state-of-art CRM, to Profolio™, our listing management software (that also provides last-sold property sales data and Market Insights).
Along with offering these tools that can make your work easier, your agency should also provide training on using them effectively.
Your first year in real estate can be a bit daunting, but reading and understanding the industry can make your journey easier. So take the first step to learn about the UAE real estate market and explore how you can enhance your real estate career with the Content Corner, our library of resources for real estate professionals in the Agent Portal. You can also join us for our exclusive workshops at Bayut Academy, where we offer comprehensive trainings to take your skills to the next level.