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Exploring Market Research and Real Estate Careers: Insights and Future Outlook

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16 diapositives · 297 Views · Jul 13, 2014

This comprehensive guide delves into the fields of market research and real estate, examining the tasks, responsibilities, and entry requirements associated with each profession. Learn about essential skills such as analysis, communication, and negotiation, along with the educational background typically required. Explore the expected job market growth and technological changes impacting these industries. With median salaries and benefits outlined, this guide serves as a valuable resource for those considering a career in market research or real estate.

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  1. Corporate Wizards Gricelidys S. Irina V. Akina S. Alejandro A.

  2. Market ResearchThe nature of the Work Tasks & Responsibilities • Gathers and examines statistical data • Devises methods & procedures for obtaining data • Conducts surveys • Makes recommendations to clients and/or employers • Develop advertisements, sales plans & product promotions

  3. Market ResearchThe nature of the Work Why This Field Interests Us • Most of us were independently interested in this field & the field of business • Half of the group is interested in research, analysis & communication • It is good to know about market research before choosing to peruse it as a career goal

  4. Market ResearchEntry Requirements Skills, Experience & Personality • Skills: reading comprehension, time management, writing, active listening & coordination resources • Experience: costumer & personal services background, sales and marketing, administration & management, communication & media • Personality: inductive reasoning & oral expression

  5. Market ResearchEntry Requirements Education Requirements • Statistics show that a Bachelors Degree or more is required in order to enter this field.

  6. Rewards median salary: 56,140 salary range: 30,890- 105,870 typical earnings starting: 38,000 after 5 yrs.: 59,800 after 15 yrs.: 93,000 Benefits “Compensation for most employees is supplemented by fringe benefit packages” - Ferguson's Career Guidance Center Market ResearchRewards & Benefits

  7. Market ResearchOutlook of the Future How Technology is Changing This Field • New technology isredefining the role of market research.

  8. Market ResearchOutlook for the Future Job Market in New York Area • increasingly competitive economy • Globalization of the market place • Job increase in New York area– the field is expected to grow faster than average for all jobs in the next five years.

  9. Real Estate AgentThe Nature of the Work Tasks & Responsibilities • Provide their services to a licensed real estate broker • List properties for sale • Meet with potential buyers to get a feeling (for the type of home the buyers would like) • Meet several times with prospective buyers (to discuss and visit available properties) • Make sure that all special terms of the contract are met before the closing date

  10. Real Estate AgentThe Nature of the Work Why This Field Interests Us • To deepen the knowledge about the unknown job (Because all of us don’t know about this field) • To find potentiality (we already know what kinds of fields we want to go into. However, we will find better field by studying unknown field)

  11. Real Estate AgentEntry Requirements Skills, Experience & Personality • Skills: Negotiation, time management, active listening, reading comprehension, management of finances. • Experience: Finance analysis, problem solving, computer skills, public speaking, presentation skills. • Personality: Orally expressive, outgoing, interactive & persistent.

  12. Real Estate AgentEntry Requirements Education Requirements • When it comes to Real Estate education does not seem to be a determining factor– it is helpful but not necessary.

  13. Real Estate Agents/ BrokersBenefits & Rewards Rewards • Median salary: 40,015 • Salary range: 39,091- 50899 Benefits • Flexible hours, free or discounted merchandise or services

  14. Real Estate Agents/ BrokersOutlook for the Future How Technology is Changing This Field • Somewhat limited by the increasing use of technology (now people can find their own homes on the internet) • Changing legal requirements (such as disclosure laws)

  15. Real Estate Agents/ BrokersOutlook for the Future Job Market in New York Area • Depending on the housing needs of the population. • Real Estate is a good investment • Sensitive to swings in the economy, especially interest rates

  16. Sources • Biank R. Yankov, Licensed Real Estate Sales Persons. Kurland Realty. Personal interview- 11/18/06 • Career Info net: http://www.acinet.org • Ferguson’s Career Guidance Center: http://www.fofweb.com.rpa.laguardia.edu • Occupational Outlook Handbook: Bureau of Labor Statistics: http://stats.bls.gov/ • Prentice Hall Student Success: http://www.prenhall.com • The Princeton Review: http://www.princetonreview.com • Yahoo. Hot Jobs: http://salary.hotjobs.com/salarywizard