Q:If a broker's salesperson agent finds a buyer and a sale is completed, how much does the broker split with the sales agent? Approximately? Also, if a broker works for Century 21, what exactly does it cost him? Does he owe money on a monthly basis to them or does he pay them a part of his commission? Can a broker also have his own independent company and not work for Century 21? Wouldn't that be better? What are the pros and cons to that? I am quite confused and a novice to anything regarding real estate.

Hi, thank you for taking the time to answer. It's appreciated a lot. I may have other questions in future so please answer them if you have time.

Q:where can i find a real estate location that offer a short term course???

YES okorder BEST of luck with your new career!

Q:So....Real estate has suffered majorly during the past year or so. Does anyone know when it is coming back. The obama administrations large scale government spending is going to really weaken the dollar and possibly put the U.S. in hyper inflation by 2010. What are the signs of a recovery in Real Estate? Will this effect Real Estate? Comments? Thanks!

in uncertain time it's always advisable to buy certain solid assets such as gold, income producing real estate etc. real estate market of rentals is going to be hot soon, because of the foreclosures, the people who cannot otherwise afford a home had bought homes by cheap money, are now on streets looking for some rental housing. make sure you have quality tenants though

Q:Hey guys, I have a few questions about the real estate business. I am going to school to become a real estate agent and will be obtaining my license soon in the state of Maryland. My questions are: What is your annual salary as a real estate agent?How many houses do agents typically sell each year?How long did it take you do sell your first house after receiving your license.And what should i expect while in the field?I know most of my questions depends on the state which you are located in and the work that you put in, but id still like to know others experiences. -Thank guys

Salary? LOL Selling real estate is a 100% commissioned job, there is no salary. Its also self employment which has expenses. There is no typical in real estate since many sell very few to none, while others do very well. Half the people who enter the business in a given year, quit the business within that same year. Personally once I was licensed fresh out of real estate school I felt ready to take on the world and didn't realize I knew practically nothing about how to succeed in the business ready to commit full time. I also worked as an apprentice auctioneer (real estate auctioneer) when I first began so I was able to get a small share of commissions from the auctioneer I worked for, but didn't sell my first property until I was 5 months in and didn't get paid on it for another 6 weeks. I think I sold 5 houses my first year, when I was certain I would be able to at least sell one a month. The second year was much better because by that time I understood what it takes to develop business.

Q:I'm thinking pretty hard about becoming a real estate agent (Michigan), but would like to hear some thoughts from people who were or are currently agents. I know I have to get licensed first, but what I'm looking for are some real life experiences and answers. You can read articles on the net, but those are mainly just someone's opinion. Thanks for any info.!

most states require a license, the course is tough, and the exam for the license is tougher. that's just to start and then you have to recert every so many yrs. which means continuing education. i have been in the field since 1997 and its a tough industry. turnover amongest new agents is probably 85-90% the first year. lots of folks do it part time as it takes a special person to be able to make a living at it. no education lol, you need to be an accountant, a psycologist, a marriage counselor, an attorney, a mortgage broker, a chauffer, a decorator, and most of all great with people. Most agents make less than 15,000 their first year and thats why they don't survive. check it out and maybe you will have a change of attitude the first time you read a sales contract, seller's disclosure, listing agreement, etc. this is a tough profession.

Q:Hi, I'm currently in the Army and after 1 year in afghanastan I've decided I do not want to re enlist. Not that I ever intended to. But getting out in a few months. So I've decided to get a career started. I'm looking into real estate because although I've heard its not a great market right now. Seems like something id be good at. Meeting people, helping them find a home. I've always wanted a job that I can dress professionaly and present my self well. I don't have any college. Joind the army straight out of high school. Didn't take advantage of schooling unfortunately. But I don't cry over spilt milk. Does that hurt my chances at geting into the field and/or being successsful? what does it take to be successful and do well? Also what are the benifits and negatives of the job? How far up can you get in this feild?Any advice is helpful and welcome.

I am going to ought to agree and say this isn't most often a well plan. However, it isn't ALWAYS a fully dangerous quandary. If you discover the proper cut price and that's the one approach that you'll finance it, you may also desire to take that bounce. I have obvious it performed effectually on estate ladder. People normally finance the rehab with bank cards. If you might get a nil% fee for year (now not distinct) it could be even greater. You ought to be ready for the failure even though. What are the choices if the estate does not promote? I could pass no better than 50% mortgage to importance for certain. That approach in the event you ought to refi or sell off the estate you'll. Again, this can be a very dicy scheme. Not certain I could propose it for a primary time flipper. Don't omit that you are going to have extra bills if you get the apartment. It goes to wish a few paintings.

Q:We're just beginning our home buying journey, just spoke a realtor, starting to look at homes at this week, etc.. Very early in the game still. At what point should we get a real estate attorney? And what should we expect from one? Do they walk you through the fine print, can I expect him/her to be available to answer any questions I may have? Or are their services limited to just the closing? Please feel free to offer any additional information in regards to a real estate attorney and what their job includes.. Thank you.

Kim gave it to you in a nutshell-- and the Loanmaster expressed his Grand Mastery--take heed and Good Luck-- and make sure there are no other hidden liens and encumberances on the property before you close. Sometimes the previous owner will take a loan against the property just before they move out and the paperwork has not yet gone into records and this may not get noticed until you have already moved into the house and then later--are notified and demanded to pay for something you didn't know about

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 have a internship who wants me to pay 149 dollars for classes to become one? im new into the world of real estate. Can someone please enlighten me

I's search for an accredit online course - that way you can go at your own pace, work if you want to while your taking the classes - I'd look into classes even after you get your license that are geared toward property management for investors and home owners are hiring them all the time and here anyway practically every agent does some management because the income of strictly sales can go up and down and during the slow sales times some do strictly evictions other do everything

Q:I'm student at the university and we have a part of project assignment about a real estate company wants to put mission for the Customer Care DepartmentCan any one give me some points for Customer Care Department in real estate????

You're in a university? Your university has low standards. You need a class in basic grammar before you tackle real estate. Real estate is dirt and sticks, it doesn't need customer care. A real estate company is entirely about customer care. Obviously everything a real estate salesperson does is customer care, except charging customers the exorbitant commissions. What you're really asking is, What is a realtor's job. Go to an open house next Sunday and ask one.