Working in Dubai real estate: What you need to know | Alessia Sheglova

Alessia Sheglova
28 Oct 202208:55

Summary

TLDRIn this video, a Dubai real estate agent shares key advice for newcomers to the industry. Key insights include the importance of choosing the right company for support and training, the dedication required to succeed in a commission-based role, and the challenges of generating leads. The agent stresses that real estate is a full-time job that demands long hours, networking, and persistence. Freshers with no prior experience can succeed if they are committed and eager to learn. The agent also advises targeting the right contacts, staying active on social media, and investing in personal development for success.

Takeaways

  • 😀 Selecting the right company is crucial for success as a real estate agent in Dubai. Without proper training and support, success will be harder to achieve.
  • 😀 Building a solid client base and getting good leads requires hard work, networking, and persistence. It’s not as easy as waiting for clients to come to you.
  • 😀 Real estate is a full-time job. Part-time or freelance work can lead to lack of commitment, and full dedication is necessary to succeed in this field.
  • 😀 Freshers or those with no prior real estate experience can succeed in Dubai real estate, as long as they’re committed and have the right guidance from their company.
  • 😀 To become a top seller in Dubai real estate, you must be ready to put in long hours and work hard, especially when you're new. Consistent effort will lead to success.
  • 😀 The real estate industry in Dubai is commission-based, meaning agents must have savings to survive during the early months before they close deals.
  • 😀 To start as a real estate agent in Dubai, research companies that align with your values and style. Apply, get trained, and work hard to learn the ropes.
  • 😀 Real estate is a customer service industry, and agents must be passionate and knowledgeable to effectively guide clients through the buying process.
  • 😀 Having contacts isn’t enough—ensure that the contacts you’re reaching out to are genuinely interested in buying property. Targeting the right audience is key.
  • 😀 Success in real estate takes time and hard work. If you're dedicated and work smart, you can make life-changing income, but it won’t happen overnight.

Q & A

  • What is the most important advice for a new real estate agent in Dubai?

    -The most important advice is to choose the right company. Without the right platform, you'll struggle. A supportive company with proper training and guidance is essential for a new agent's success.

  • How can a real estate agent generate good leads in Dubai?

    -Generating leads in real estate requires hard work, networking, and prospecting. While some deals may happen by chance, most require active effort to nurture clients and build relationships.

  • Is it possible to work as a part-time real estate agent in Dubai?

    -While it is possible, it is not recommended. Real estate in Dubai is a full-time job that demands commitment, often seven days a week. Successful agents are fully dedicated to their work.

  • Can someone with no prior real estate experience succeed in Dubai’s real estate market?

    -Yes, it’s definitely possible. Many successful agents in Dubai started with no prior experience. As long as you're committed to learning and are eager to earn, you can succeed in this industry.

  • What’s the key to becoming a top seller in Dubai’s real estate market?

    -Dedication is key. A top seller works long hours, even on weekends. The first six months involve hard work, prospecting, and networking, which will lead to success if you're committed.

  • How important is it to work long hours as a real estate agent in Dubai?

    -Working long hours is very important, especially when you’re new to the industry. The more effort you put in, the better your chances of success. Being available outside of normal working hours is crucial in this competitive market.

  • Why is there no basic salary for real estate agents in Dubai?

    -Real estate in Dubai is commission-based. Agents are encouraged to work hard and earn based on their performance. However, companies expect agents to have at least six months of savings to support themselves while they build their portfolio.

  • What’s the best way to start as a real estate agent in Dubai?

    -Start by researching companies that match your values and style. Once you identify the right fit, apply with your CV and ensure you have savings to support yourself during the initial period when you may not close deals immediately.

  • How can someone with a lot of contacts improve their real estate sales?

    -The key is targeting the right audience. Ensure your contacts are genuinely interested in real estate and are in a position to buy or rent. Being a specialist in a particular area and engaging actively on social media can also help generate more leads.

  • What is the role of training in becoming a successful real estate agent in Dubai?

    -Training plays a crucial role. A good real estate company will provide you with the necessary skills, industry knowledge, and guidance. With proper training and mentorship, you can thrive in the competitive Dubai real estate market.

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Related Tags
Dubai Real EstateNew AgentsCareer AdviceReal Estate TipsLead GenerationFull-Time CommitmentReal Estate CareerAgent SuccessProperty SalesCareer GrowthReal Estate Training