Post on 01-Dec-2014
description
Career Planning Research
Project Alexandra Tammaro
Top Three Careers:
Real Estate Agent
Buyer
Personal Financial Manager
Real Estate Agent
Real Estate Agent: Tasks
Set prices for homes Handle negotiations between the buyer
and seller Find suitable homes for your clients
based on their personal taste Coordinate open houses to try to get
good prices for the homes of your clients
Real Estate Agent: Knowledge
marketing: a good real estate agent is able to effectively market the homes, and set the prices for the homes that they are representing
Communication: should be able to effectively communicate with their client to find out their needs, and should be able to communicate well with specific buyers of the home so they can get a good price for the house
Real Estate Agent: Skills
negotiation: a good real estate agent is able to negotiate well in order to buy or sell a house at the price the client is happy with
Time management: having good time management skills and balancing the time spend on each client (many times a real estate agent has more than one client at a time)
Related Occupations
Advertising Sales Agent
Insurance Sales Agent
Sales Representative
Other Topics for Research
Wages: nationally the wages are approximately $40,100.
Outlook: supposed to increase approximately 5% from 2008-2018( faster than average)
Education: 36% of real estate agents have some college, and no degree. A formal college education is not required for this job although it is likely very helpful to attend college. Many real estate agents do however go through on the site training and job shadowing.
Real Estate Agent: Occupational Outlook Handbook
Licensing: A Real Estate Agent is required to have a license in every state in the United States. In addition to taking a test, A Real Estate agent is required to have approximately 30-60 hours of on the job training. Additionally, the license is typically renewed every 1-2 years.
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Employment: Many Real Estate Agents are self employed. This is for many reasons. For example, many Real Estate Agents choose work part time as a Real Estate Agent when they are not working a separate job. However, there are Real Estate firms but they are typically very small.
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Nature of Work: This type of job is approximately five days a week. Many people work from home. Real Estate Agents are out the majority of the time, whether it be meeting with clients or viewing houses.
Buyer
Buyer: Tasks
Negotiate terms and buy the best merchandise at the lowest prices.
Organize and Keep track of merchandise. Select and order the most favorable
products for the company. Understand your target market in order
to purchase the most desirable products. Coordinate meetings with your business
to introduce new merchandise.
Buyer: Knowledge
Customer and personal service: understand the needs of the customer so that you are able to purchase products that would satisfy them the most.
Sales and marketing: be able to set fair prices and market the products which you are buying.
Clerical: Knowledge of managing files, organizing, and information systems.
Buyer: Skills
Negotiation: Being able to negotiate prices of the products you are buying. Persuasion: Having the ability to convince sellers to sell a product at your price, and convincing a customer to purchase your product.
Active Listening: Comprehending what you are supposed to buy for your customer, also listening to what the company tells you. For example a company telling you to spend a certain amount of money.
Buyer: Related Occupations
Market Research Analyst
Public Relations Specialist
Sales Agents
Buyer: Other Topics for Research
Wages: $48,650 annual Outlook: There is supposed to be little
or no growth in this field between 2008 -2018. While in 2008 there was approximately 140,000 Buyers there is expected to be about 27,000 openings by 2018.
Education: the majority of buyers need a masters degree to advance as well as a few years of training.
Occupational Outlook Handbook
Nature of Work: They buy products for the companies that they work for, These people try to get the best prices and the best products. Generally, this work in not primarily done in an office. these people are out negotiating and viewing products.
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Job Outlook: This job will grow approximately 7% into 2018 but the number of career opportunities will differ with the type of buyer.
Other Qualifications: A Buyer should have knowledge of computers and know how to work different types of computer programs.
Personal Financial Manager
Personal Financial Manager: Tasks
Sell Financial Products such as stocks and bonds
Analyze Financial Information to figure out how to meet the clients objectives
Create financial plans that coincide with what people are looking for
Research and Investigate investment opportunities
Personal Financial Manager: Knowledge
Customer and Personal Service: Must have good people skills so that they can listen to the clients and figure out how to meet all of their needs
Economics and Accounting: Must have knowledge of analyzing and and interpreting financial data
Sales and Marketing: Must be able to sell a product such as a stock or bond to the customer
Personal Financial Manager: Skills
Persuasion: Must be able to convince people to buy what you are attempting to sell by changing their mind and/or behavior
Critical Thinking: Must be able to analyze information and create multiple solutions for a problem
Judgment and Decision Making: Having the ability to weigh the opportunity costs of a situation and come to a reasonable conclusion from the information given
Personal Financial Manager: Related Occupations
Cost Estimators
Tax Preparers
Purchasing Agents, except wholesale, retail, and farm products.
Other Topics for Research
Wages: $68,200 annual Outlook: There are currently 208,000
employed in the United States and there is expected to be 83,300 job openings between 2008-2018. This growth is must faster than average
Education: 45% of people with this job have a bachelors degree. This is because most of these types of jobs require this degree. However,18% have an associates degree and 16% only have a high school education or equivalent
Occupational Outlook Handbook
Licensing: many of these jobs do not require licenses, especially if you do not work for a company. However The Financial Industry Regulatory Authority (FINRA) is the main licensing organization for the securities industry
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Employment: Many are self employed, however there are companies that will hire these people to work in their company and dispatch them to people who need their services
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Nature of Work: many financial managers meet with companies and let them know what they can do to improve the finances within their company. Also, they predict what will happen financially in a company for the future.
My Top Career
Real Estate Agent