Thursday, October 08, 2009
ceha exam is tough, esp the law paper.
many questions out-of-textbook.
like go wrong exam hall, take wrong syllabus.lol
'Mr Mahesh is an Indian National who is coming to Singapore to work in a Global Bank.' - we have to determine whether is he singaporean or pr or work permit base on just one sentence. wtf!? lol. i never worked in the immigrations dept before man.
knowledge must be wide i guess. have to know the govt legislations (eg IAS -not in text) and real estate knowledge must be strong. They like to test on specific developments.
like,
How many trees are there around the Good Class Bungalows in Princess Rd?
kidding, just exaggerating. LOL
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Recently i've figured out many cons about real estate career:
1. Low Barriers of Entry: Housewives, taxi drivers, this uncle that auntie also can join. N level O level nothing level to diplomas degrees or whatever also can join
Gov actually wanted agencies to be 100% accredited by 2009. But, it is not done yet.
2. Real Estate Cycle:
choy, what if a 10-year long recession hits us one day?
Estate agents will start going out looking for part time jobs if they dont have sufficient savings for them to survive that 10 years.
Dont know why but economic expansions are usually short-lived. Those are only the best times for agents to earn enormously.
3. High Competition
The no. of agents in total is incredibly shocking. lol. imagine 1500 agents(assumin the other 1500 agents are not active or PT) all out to sell the same property under construction (maybe only have est 500 units for agents to sell?)
You cannot guarantee your client wants that particular development, den you go around to other developments, you co-broke, or triple-co-brokerage.
Flip the Saturday Classifieds, you'll realise.
4. Teaching you how to tell lies
Someone of an older age(50 yrs old?) told me he attended the basic course in a reknowned real estate agency and at the end of the day, the 'moral' of the course is to teach new agents how to tell lies. =x
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hmmm.
last month i attended a real estate course, 9am to 6pm course.
the trainer told us: "Lunchtime ar we dun have much time for you to eat. Half an hour have to come back already if not we delay the course till 8pm den you all go home"
trainer: "So, Who going out to have lunch?"
Count count count.... "4"
Trainer: " Ok the rest all eat here arh, eat here each person pay $7.00"
Someone takes the box and go around collecting monies
....................
LUNCHTIME
..................
Trainer:" Ok you all come back in an hours' time." <-- wtf!? i thought only half hour lunch?
So nvm.. go out QUEUE up like prisoners take turn to scoop our lunch(about 100 ppl)
The food in the end is damn kns. Ordered Catering. This kinda catering considered small scale. 2 types of veg and one curry chicken. fruit punch or coffee.
Imagine, $7 X 100 people = $700.00 $700.00 for a simple catering!?
omg man. i think the $7 per person also covers the rent of the training room for the day lor.
so damn cunningggg!. grr.
The course ended 6pm sharp on time. =x
I learnt one thing:
"See ghost talk ghost language, See human say human language"
=X
2:10:00 AM
