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Self-Employed Real Estate Sales Agent: The Guide

The real estate sector is attracting more and more auto-entrepreneurs. Indeed, getting into real estate as an auto-entrepreneur is not very complicated . More and more micro-entrepreneurs are therefore turning to real estate to start their independent activity. And for good reason, real estate is an effervescent market : more than a million transactions were listed in 2019!

The status of real estate auto-entrepreneur therefore offers many opportunities in a constantly changing market.  If, however , the status of auto-entrepreneur allows you to carry out a large number of activities without a diploma , it is nevertheless necessary to keep informed of the particularities of the real estate sector, particularly in terms of regulations. Thus, the profession of real estate agent in the true sense of the term is not accessible to self-entrepreneurs, who will instead have to opt for the status of self-employed real estate commercial agent , which is quite different.

Through this guide, we are going to provide an overview of the profession of self-employed real estate entrepreneur and explain to you everything you need to know to become a self-employed real estate sales agent 

THE REAL ESTATE AUTO-ENTREPRENEUR IN BRIEF

Here is the summary of the main information to remember to become a commercial real estate agent in a micro-enterprise:

The competent Business Formalities Center (CFE) is: The Registry of the Commercial Court (registration with the RSAC) 

  • The APE code generally assigned by INSEE  is: 68.31Z real estate agencies
  • The Realtor Tax Deductions category of the self-employed real estate commercial agent is: BNC
  • The turnover ceiling for the auto-entrepreneur in real estate is: 72,500 
  • The remuneration of auto-entrepreneurs in real estate  is between 3 and 8% commission per sale on average

Social contributions of the self-employed real estate agent: 22% of turnover 

REAL ESTATE AUTO-ENTREPRENEUR: WHAT YOU NEED TO KNOW ABOUT THE ACTIVITY. We will start here by giving you some information on the activity of self-employed real estate and all the specificities associated with it. You can visit this site moviesverse for more information. For more information visit this site fresherslive

What does self-employed real estate consist of?

First of all, it is essential to make the difference between a real estate agent and a commercial real estate agent. Indeed, the profession of real estate agent is highly regulated, and it cannot be exercised under the regime of self-employment. Quite the opposite of the commercial real estate agent who is perfectly compatible with the status of micro-enterprise. 

The great distinction between these two professions is that the commercial agent does not work for his own account: he exercises on behalf of his principal, that is to say, the real estate agency to which he is attached.  In addition, the commercial real estate agent does not have a professional card (or T card) which allows legal acts relating to real estate to be carried out. 

The self-employed real estate commercial agent is therefore an agent who will be intended for missions of advice and support for buyers, but also of negotiation on behalf of his principal. 

Here are some of its missions: 

  • prospecting to find new properties for sale;
  • receive potential buyers and organize their visits;
  • enter into any negotiations.    
  • As for the drafting of the promises of sale, he will however have to pass the baton to the agency with which he cooperates.  

Finally, the management of the real estate rental can also be part of the missions of the self-employed real estate commercial agent (like the rental management of buildings for example).

What are the qualities required to become a self-employed real estate agent?

Working as a commercial real estate agent requires essential qualities. In addition to a thorough knowledge of the real estate market, a great attraction for customer contact and an ability to put people at ease quickly will be your best allies. 

It should be taken into account that this activity suggests a high sense of commerce, in order to attract customers to you and build their confidence.  In short, the essential qualities to succeed in this job are above all human skills, because the customer relationship will be at the heart of all your missions.

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In addition, it will also be important for you to: 

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  • know how to be vigilant to spot new opportunities that arise;
  • remain attentive to buyers in order to offer them the best possible properties;
  • demonstrate availability and flexibility in your working hours;
  • Have a very good sense of organization.                           
  • Knowing the particularities and the different regulations of your sector in terms of real estate will obviously be a significant asset that you will need to carry in your suitcase.

Is the auto-entrepreneur status suitable for the commercial real estate agent?

The profession of commercial real estate agent is exercised independently, and therefore, the status of auto-entrepreneur lends itself quite well to the exercise of this activity. In any case, it is not possible to create a company to become a commercial real estate agent. The only other possible status is that of the traditional sole proprietorship.

Moreover, the micro-enterprise regime even has many advantages for becoming a commercial real estate agent. Firstly, it allows not having to pay social contributions as long as no turnover is generated, which is rather favorable for the commercial real estate agent for whom the collection of commissions is very often little regular. Thus, if you collect your first commission after 6 months of activity, you will not pay contributions during these first 6 months. This would not be the case if you opted for the classic sole proprietorship scheme because in this case, you would have to pay contributions, right from the start.

CA declarations in micro-enterprises

The second advantage that can be given by opting for the auto-entrepreneur status to practice in real estate is the simplicity of this status, both administratively (creation procedures are simplified) and in management and accounting plan. Indeed, the auto-entrepreneur has limited accounting, unlike a traditional sole proprietorship which should produce an accounting balance sheet.You can visit this tamilarasan to get the latest news and also find out the world update breaking news of all time on mxtube This is filmlinks4u the best web portal for you where you can get all types of news. 

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