❓ASK Why are there so few or no real estate agents in the neighborhoods?

Sariana23

Premium Member
VIP Member
Verified Poster
BizNotes
16,173.00
The reason for that is because maybe the location you are living is not an estate and as a result of this you may not be able to see an estate agent ,most of the estate agents are living in the estate themself for better marketing.
You may be right, in the case of marketing a property, but in the case of rentals, I don't think they live in it to get clients. At least in my country it doesn't work that way. Although it is a very good point that you describe.
 

Setfragil

Seasoned Veteran
Verified Poster
BizNotes
2,140.00
If there are few estate agents in your neighborhood that means there are less activities going on in the area. Estate agents are business that makes money through land and properties and they are mostly found in neighborhood with high demands of their services.
 
cafediscussions

Ray

Familiar Face
Verified Poster
BizNotes
2,010.00
Why do we need agents to buy property in the initial stage? In our case, we have very good home-listing sites that give us detail, price, loan/mortgage facility, and everything else one wishes to learn about any property. They also provide open home (inspection, etc)
We have two popular ones here (No referral links)
Then we have a number of other websites just like in the UK
 

Sariana23

Premium Member
VIP Member
Verified Poster
BizNotes
16,173.00
If there are few estate agents in your neighborhood that means there are less activities going on in the area. Estate agents are business that makes money through land and properties and they are mostly found in neighborhood with high demands of their services.
Generally most agents target urban areas of middle and upper middle class people. This is motivated to better profits since housing is high cost. The opposite is true for poor people with little economic resources.
 

Sotherefore

Seasoned Veteran
Verified Poster
BizNotes
2,016.80
You may be right, in the case of marketing a property, but in the case of rentals, I don't think they live in it to get clients. At least in my country it doesn't work that way. Although it is a very good point that you describe.
I don't actually know your location but I will be very much interested if you can tell me about it,every location of the world have their own way of organising most of their life and maybe your location way of organisation might actually be different from the one we have here
 

Sariana23

Premium Member
VIP Member
Verified Poster
BizNotes
16,173.00
I don't actually know your location but I will be very much interested if you can tell me about it,every location of the world have their own way of organising most of their life and maybe your location way of organisation might actually be different from the one we have here
In my country real estate agents have their offices and do not live in the real estate properties. If the agent's presence is requested, he/she is located at his/her place of work or you call by phone to make an appointment. I live in Venezuela.
 

Sotherefore

Seasoned Veteran
Verified Poster
BizNotes
2,016.80
In my country real estate agents have their offices and do not live in the real estate properties. If the agent's presence is requested, he/she is located at his/her place of work or you call by phone to make an appointment. I live in Venezuela.
Wow that's nice, I don't really know much about your country but I think the idea of real estate agents having their own office is actually the best, I don't even know how it is arranged in my country since I do not have the money and the interest to invest in real estate now.
 

Chibson1

Seasoned Veteran
Verified Poster
BizNotes
2,600.00
there are so many real estate agents in my area because my area is a developing area and there are a lot of people investing in real estate.
 

Sariana23

Premium Member
VIP Member
Verified Poster
BizNotes
16,173.00
Wow that's nice, I don't really know much about your country but I think the idea of real estate agents having their own office is actually the best, I don't even know how it is arranged in my country since I do not have the money and the interest to invest in real estate now.
If this is the way it works here, that's why I was struck by the fact that there are countries where the agents live in the real estate properties to do their job. On that side here it is totally different, in some cases they do have the key, but only to show the property.
 

Sincerem

Premium Member
VIP Member
Verified Poster
BizNotes
2,033.00
If you're residing in the rural area it isn't much, but in the urban areas it is much that you'll see an estate agent. They migrate to the city to increase their chances of earning consistently.
 

Sariana23

Premium Member
VIP Member
Verified Poster
BizNotes
16,173.00
If you're residing in the rural area it isn't much, but in the urban areas it is much that you'll see an estate agent. They migrate to the city to increase their chances of earning consistently.
You are correct @Sincerem , most agents tend to live or work in urban areas, and this is due to the large profits that can be achieved there, which are not obtained in rural areas because of their low costs.
 

Jlife

Seasoned Veteran
Verified Poster
BizNotes
2,000.00
I believe this actually depends on the location you are because in my location as I know there are a lot of real estate agents organisation and offices around, I think it depends on your location because that also play an important factors in real estate business.
 

Sariana23

Premium Member
VIP Member
Verified Poster
BizNotes
16,173.00
I believe this actually depends on the location you are because in my location as I know there are a lot of real estate agents organisation and offices around, I think it depends on your location because that also play an important factors in real estate business.
Of utmost importance, since as we have described above the key point is the area, if it is a low-income area the agents will not be as available as in the case of economically wealthy people. This will lead to better earnings for them and therefore will be their priority.
 

Sotherefore

Seasoned Veteran
Verified Poster
BizNotes
2,016.80
If this is the way it works here, that's why I was struck by the fact that there are countries where the agents live in the real estate properties to do their job. On that side here it is totally different, in some cases they do have the key, but only to show the property.
wow that's nice and it is so interesting to know that every countries of the world have their own unique way of organisations, in our country I only know of one estate managing organisation and that is only one I know.
 

Sariana23

Premium Member
VIP Member
Verified Poster
BizNotes
16,173.00
wow that's nice and it is so interesting to know that every countries of the world have their own unique way of organisations, in our country I only know of one estate managing organisation and that is only one I know.
Yes, each country acts differently when it comes to real estate management, some are similar but there are always differences. And this calls my attention, since it is possible to apply the benefits of other countries in our country and get better profits. Of course, if the laws allow it.
 

akinlolu99

Resident Member
Verified Poster
BizNotes
12,480.00
All things considered, that is on the grounds that individuals living in low-pay regions may lease ou their homes at a low cost and bequest specialists typically don't make that a lot of commission in low-pay regions and they generally really like to work in big league salary regions. This factor likewise relies upon the country you live in. In my country domain specialists procure very nearly a 100% of the sum they bargain in and they acquire a similar measure of commission they lease the places of others.
 

Jlife

Seasoned Veteran
Verified Poster
BizNotes
2,000.00
Of utmost importance, since as we have described above the key point is the area, if it is a low-income area the agents will not be as available as in the case of economically wealthy people. This will lead to better earnings for them and therefore will be their priority.
This is a perfect point, I think this might be the reason why I do not see a lot of real estate agents and company around my location,I think they have moved to a location in which the demand for real estate agent is mulch, yes that is it,
 

Sariana23

Premium Member
VIP Member
Verified Poster
BizNotes
16,173.00
This is a perfect point, I think this might be the reason why I do not see a lot of real estate agents and company around my location,I think they have moved to a location in which the demand for real estate agent is mulch, yes that is it,
At the beginning, when I created the thread, I had not thought about it, but as the posts have gone by, I have come to the conclusion that many agents make the decision to work with wealthy people, and in addition fear for their safety in areas with economically poor people.
 

joy101

Paragon Member
Verified Poster
BizNotes
310.00
It really depend on country because there are some country it will not be too difficult for you to get agent in real estate, sometimes it depends on your location.
 

Sariana23

Premium Member
VIP Member
Verified Poster
BizNotes
16,173.00
It really depend on country because there are some country it will not be too difficult for you to get agent in real estate, sometimes it depends on your location.
In the countries you can usually get real estate agents, but when we refer to certain areas, at least in my country, there are limitations. This is related to the productivity of this in terms of the number of operations, and profits that can be generated in the short term.
 
Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock