Real Estate

"What is most essential in maintaining a profitable real estate business in an economic recession?"
Topic: Real Estate
East House


Showing posts with label Mentorship. Show all posts
Showing posts with label Mentorship. Show all posts

Monday, May 20, 2013

Mentorship


    Literal
      Log
     Contact:  Rosario Lopez
      Cell (626) 390-7476
    Interpretive
     
     The most important thing I've gained from this experience is an understanding of the real  estate business. For example, I know most to all of the documents involved in a real estate transaction and I'm able to file and organize them so the transaction goes smoothly. Also how to deal with a client that has unfortunately lost their property and how to deal with a client looking to buy a property. I used to think that a realtor didn't need to invest most of their time at their office but they need to in order to remain profitable.    
   Applied
     My mentorship has helped me answer my essential question by narrowing my focus and by also giving me a few rough answers to my essential question. First off, my mentorship experience gave me a focus on the client and their needs. The clients' needs have to be satisfied in order to keep business moving, especially during an economic recession.     

Monday, February 25, 2013

Mentorship 10 Hour Check


1.   Where are you doing your mentorship?
Prudential Realty in Hacienda Heights 

2.   Who is your contact?
Rosario Lopez  

3.   How many total hours have you done (total hours should be reflected in your mentorship log located on the right hand side of your blog like your WB)?   
12 Hours 

4.   Summarize the 10 hours of service you did.
I mainly filed documents when my mentor was busy. On a few occasions I sat in with her as she talked to clients. 

5.   Email your house teacher the name of your contact and their phone number.    

Wednesday, July 11, 2012

Blog 1: Summer Mentorship Component


Literal: Presidential California Realty: 12 Hours


Contact Information - Rosario Lopez:             Bus: (626) 913 - 2808
                                                                      Fax: (626) 913 -6099
                                                                      Cell: (626) 390 -7476

  •     Filed papers and made copies in Rosario's office.   
  •     Shadowed Rosario around the office.
  •     Helped pass out business cards and other forms of advertisement.
  •     Sorted papers out for Rosario.
  •     Asked Rosario questions about what she does.



Questions:
 
    • How did she first get into real estate?
    • Have there been any changes on how you handle your business due to changing time?
    • What have you enjoyed most about real estate?
    • What's the most effective way to obtain new clients?
    • Is advertising your only method of getting your business known?
    • Does the economy in any way affect your business?


Interpretive:
What is the most important thing you gained from this experience? Why?

            I learned what to expect at a real estate office and the process of buying a house. I have never been in a real estate office, other than Rosario's and with her buying a house, the clients had a pleasant experience. What I learned to expect is important because I want to buy a house someday and knowing what's ahead is always great.  

Applied:
  How did what you did help you choose a topic?  Please explain.

After doing my mentorship hours I learned that I never want to go into real estate as a career, it is just not for me. I had other options for my senior topic but as the date got closer to when I agreed to intern, at the last minute they did not seem to remember who I was or what I was going to do. My first choice was technical theater but that did not work out. Then my second choice was carpentry but the owner of the store was out of state. Finally real estate, members of my extended are successful realtors and it looked very interesting at the time. That is why I  made choice to do real estate as my topic.