Management
Real Estate agents and Investors operate as independent contractors, which operates like a business. In business management skills are important from administrative duties to CEO / Executive Director responsibilities. These skill are also important in rental property management.
Finance
Understanding cash flow for either a client or as an investment is understanding how finances play a large role for qualifying clients to purchase a home for their mortgage. For investment its understanding cash flow to have a gain on their return of investment (ROI).
Advertisement
In Real Estate an agent must put campaigns together to be attractive to potential clients. The advertisement of property is important to attract as much attention as possible to let the public know that the property is on the market, to sell as fast as possible.
Economics
In Real Estate research and study of of demographics, property value and housing market trends, mortgage rates, supply and demand.
Marketing
Being in Real Estate, marketing of property is required to prepare for the marketplace to sell, as well as branding themselves as a Real Estate agent or Investor to offer their services and expertise.
Technology
In Real Estate, technology plays a huge role, using real estate software to list clients properties, platforms to market and track client visitors, social media to promote business and listed properties, photography and videography .
Y.i.RE Financial Literacy Program teaches mentees how to understand the banking institutions, ……….
Y.i.RE Home Improvement Division teaches mentees trade skills how to build, repair and fix homes …………