Q:selling real estate National

Real Estate Licenses are issued by the state and you would need to hold a different license in each state in which you want to operate.

Q:im trying to become a real estate agent but i dont know where to take classes i would like to find a school either in manhattan or staten island please tell me some schools that have classes for beginners to take**No online classes-Thank you

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Q:I am thinking of going to real estate school? is the market really bad right now? what other kids of jobs can you work withthe real estate liscense that actually pay decent money? I live in New jersey, incase that makes a difference.

Real Estate is usually a good career. Hopefully the part of New Jersey you are in, is a mix of urban and suburbs. With sales positions, one needs to advertise, to let the public know that you exist. If you are fresh out of real estate school, volunteer to answer the phone at the front desk as often as you can, people call the office looking for someone to list their homes for them, they don't need to know that you just started. Work with an experienced associate in the office that you get along with and you feel that you can trust, maybe slit the commission with him/her until you can do it on your own. The sky is the limit if you believe in what you are doing and you do it well. Growth will bring financial reward.

Q:Ok, I'm thinking about changing my whole outlook on a career, mostly because i HATE my job and it's going no where fast. I want to get into real estate because after applying for job after job that I know I'll hate, I've decided that would be interesting. Here's the thing, I don't know how to start. Should I get the license first? Would companies hire you and train you while you go to classes? How does it work traditionally? I've been on the big companies websites and requested information, but haven't received anything yet. Just need a little inspiration from someone who's been there. THANKS!!

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Q:I am thinking about becoming a real estate agent but I do not know alot about it and I haven't been able to find much on it. What are the risks and costs of becoming an agent? I am young and I would want to do this full time. What is the normal amount of sales and income a beginner would make? What all do agents do? What are my chances of failure? How long does it take to become a agent? How long does it take to build up a clientele? Is it a demanding stressfull job? Please just help me as much as you can I got so many questions I didn't even post all of them and thanks

I will tell you what I tell anyone looking into RE as a career. The majority of people that become real estate agents leave the field within 6 months without making a sale. The vast majority leave within 2 years. And 20% of the agents make 80% of the money - meaning the top producers do most of the business and the rest pick up the remainder of the business. RE is unique as you have to pay to do it and you are an independant contractor. You have to pay something to your brokerage, desk fees, advertising, E&O fees, franchise fees, copy fees, postage, whatever.... there are tons of potential expenses to each agent in the office. As a independant contractor, RE is also unique as the risk to your broker (i.e. your employer) is fairly low, so most brokerages are going to want to have you. They do not have to pay you unless you produce! To your specific questions: The risk is that you go through all the hoops to become and agent, then find you cannot do what you need to do to be successful and you did all that for nothing. There are no average sale or income. You get out what you put in. Chances of failure are high. How long it takes depends on your state's licensing requirements. What we do is put transactions together and solve problems. It can be demanding and stressful, as we do not have set hours, there is no one making you accountable for your actions or lack there of, and clients can be tough! You get clients by working your sphere of influence and find ways to meet people. Good luck in whatever you decide.

Q:what publications and reporters are primarily read by commercial real estate brokers and investors?

Publications from the National Association of Realtors, Council of Residential specialists, Council of Real Estate Brokers, CPN, BOMI, CIRE, ICSC, ICSC Smart Brief, Multi-Housing News, Realtors Commercial Alliance, Real Estate CyberSpace Society, Commercial Property News, ARCHITECTURE, Tennessee Association of Realtors news letter. Most of these are profession publications that you will not be able to access unless you are a licensed real estate agent and/or a paid member of the trade organization. This is not all but many I read to stay on top of what is happening so that I add value to the services I provide. I excel in my market and am a source of knowledge for my client base.

Q:I Want to open a real estate company in New Jersey, so i want to know the step by step procedures for opening Real Estate Company in New Jersey. I also would like to know what you need to study to work in Real Estate Company. Is having a Degree in Business Administration is Ok to work in Real Estate Company.Appretiate All The AnswersThanks.

You would need to get your Brokers license first.

Q:i have a presentation in my real estate class, on REIT'S(real estate investment trusts.) i need to know good ways to present the powerpoint presentation. And good examples. Because another group did the same thing..and we have to top then. So what would be a good way to make it a better presentation.

It is critical that you focus valuation on FFO and AFFO. Clearly, you want a measure of financial performance that is not distorted by gains on sales or overly harsh depreciation. Good Luck From Invest in REITs website: The REIT industry also uses Funds From Operations (FFO) as a supplemental measure of a REIT’s operating performance. NAREIT defines FFO as net income (computed in accordance with GAAP) excluding gains or losses from sales of most property and depreciation of real estate. When real estate companies use FFO in public releases or SEC filings, the law requires them to reconcile FFO to GAAP net income. Many real estate professionals as well as investors believe that commercial real estate maintains residual value to a much greater extent than machinery, computers or other personal property. Therefore, they view the depreciation measure used to arrive at GAAP net income as generally overstating the economic depreciation of REIT property assets and the actual cost to maintain and replace these assets over time, which may in fact be appreciating. Thus, FFO excludes real estate depreciation charges from periodic operating performance. Many securities analysts judge a REIT’s performance according to its Adjusted FFO (AFFO), thereby deducting certain recurring capital expenses from FFO.

Q:I was having a discussion with someone and we were discussing careers. I said that the best field to go into is medicine because you have potential to make millions of dollars, think about it, if you are a simple chemistry major who works in a lab and creates a drug or something that is very useful, there you go. I know that is a fairly vague example but you get my point. My friend said I should go into real estate because I am money hungry with isn't true but I do want to be a millionaire which isn't uncommon and I will be rich one day. Anyway, down to the point. Simply, how DO people in the real estate business rack in millions of dollars? I would assume you have to own your real estate business but that means millions of dollars that need to be there. How do some of these people in this field go from nothing to everything? Oh, and please no flaming, even though it is probably inevitable.

The fees are company, however that's why they pass to foreclosures as a substitute of promoting. I had been following our marketplace, and residences that promote, have a tendency to promote for 10-20% scale back than asking, and that is if asking rate is already a discount. Prices stayed prime right here (Phoenix) for almost a 12 months, so for a at the same time the papers stated that the marketplace used to be steady in rate, however extra residences saved coming in the marketplace at the same time earnings stayed low. I believe that there shall be an uptick as fees come down, however individuals are simply now coming round to the reality that they are going to now not truthfully produce a sale until they take much less cash, and increasingly individuals are seling for not up to they paid, and even for much less fairness than they've. The endure marketplace is a ripple end result of the truly property marketplace, so they're proper now falling off the cliff hand in hand. I believe that the inventory marketplace will upgrade first. I believe the offers coupled with the low significance of the greenback will begin getting the concentration of international discount hunters. They are much less desirous about personal houses in a international nation than in shares, because of the liquidity disorders.

Q:What good attributes do good ones have? Why is it beneficial for Real Estate agents to know rich people? So they can sell to them which buy more expensive houses?

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