An Insight Into the Present Day State of Iraq Real Estate

Iraq is not safe, but is certainly safer than before. So people that once had their house in Iraq are now returning to their country. They want to live there again and will pay for it. There are actually people that have paid for the house that was once their own and nonetheless paid more than they should have. Houses have bullets in the walls and their general condition shows they have suffered a disaster. However, as things are looking better now, they wish to return there. And so the Iraq real estate is one business that is going pretty well. In neighbourhoods that are considered safe, houses are selling very fast. Apart from the reasons stated above, there is also another reason Iraq real estate is doing well. This has to do with the fact that people are not really interested in getting the best house available. What they are looking for is a house in a safe place. Not having a veranda or a fireplace is not actually their concern. What they want is to eliminate the fear of getting killed or kidnapped. As you can imagine, houses that are in a very bad condition may actually be sold very fast and in a price higher than they should have.

Indeed houses have many problems but Iraq real estate business doesn’t seem to care. People come back to see their houses ruined, but pay a lot of money to move back. The overall conditions are intolerable; the houses are ruined, most of the times they have leeks, no water or heat and evident signs from the disaster. However the Iraq real estate industry is having profits. Agents are making money from selling these houses regardless of their bad condition. Getting rich is not welcomed in Iraq. Many agents are killed. Indeed to be a real estate agent in Iraq requires a bright mind. Big houses are sold to two or three families that live together. Agents do that for two reasons. First because large homes cost more and they might not be able to sell them and second because there are actually not enough houses as there is no development yet. People on the other hand agree to this deal because they want to come back and live there, they can share the costs with another family and they prefer to have a home in a safe place even if this means sharing it with someone else.

The Case For Full-Time Professionals

Buying or selling a home ranks in the top five most stressful events in a person’s life. On the emotional ladder, it sits right up there with divorce. As a Realtor you are responsible for one of the biggest decisions your clients will make now or over the next few years of their lives.

There is an emotional nature to the residential real estate business due to the stress levels of the Buyer, Seller, and the other agent. Often, sadly, agents can fuel negative emotions if they don’t have control of their clients, if they don’t have time to do the job right, or if they are motivated more by the need for a commission check to cover a past-due car payment than by the successful outcome of the real estate transaction.

Lack of training: I personally believe that lack of training is the cause of our industry’s low success numbers, low customer return rates, and low per agent income. Most companies offer only a couple of weeks of introductory training for new hires. After that, for the most part, it is, “Here’s your desk and here’s your phone…go get ’em!”

Agents look to their companies for success and motivation tools, while companies (somewhat rightfully) say, “Hey, you’re an independent contractor so it’s your obligation to build your strengths and pay for your training.”

I think the ball is in the agent’s court. It’s your business; you are the one who needs to invest to make it grow. The best money you can spend is on training to improve your skills, knowledge, attitude, philosophy, and business skills.

24/7 work hours: As a residential Realtor, you can count on having to work some nights and weekends. Some agents follow a round-the-clock schedule for the duration of their careers; a select few bring their night and weekend hours down to almost zero as their success takes hold.

By my third year in the business I was down to a four-day workweek. I was able to sell 150-plus homes annually while working Monday through Thursday and taking Friday, Saturday, and Sunday completely off, with no interruptions from the cell phone, pager, faxes, or e-mail. On Thursday, late afternoon to early evening, my wife, Joan, and I would get into our car and drive to our vacation home in Bend, Oregon, some three hours away, for three days of down time in a recreational paradise. On Sunday afternoon, we would head back to Portland refreshed, relaxed, and ready to go. I only worked one evening a week, on Tuesdays, when I met with clients or caught up on prospecting with people I couldn’t reach during the day.