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FAQ

I'm a recent college grad and I've become very interested in a career in real estate. My question, however, is how exactly to begin? I majored in psychology (as opposed to the conventional business, finance, or accounting) and currently do not have experience in real estate (no internships). Which positions and formal training should I pursue?I have recently thought about appraising or property management, though I'm wondering if these would be a great start for my career. Also, should I focus on pursuing a master's degree within the next few years?Thanks!

The place to start in the real estate industry is at your state's real estate commission. There you will find all you need to know about getting licensed. Where I live you need to be a licensed agent to be a property manager for others, and an appraisal license to be an appraiser. To be a successful agent you do need marketing experience. It is not just about marketing properties but about marketing yourself too. Being a Psych major could be a real benefit. But remember you are only paid commission so if you are not good at it, you are not paid much, if anything. Property management and appraising are finite services, so you know if you get the job you will most likely be paid for doing it. Before I got into the business I thought i wanted to be an appraiser, but the owner of the largest appraising firm in my market talked me out of it because he told me I would never be able to make the kind of money I wanted to make. Bottom line: Not the best time to get into the real estate business, but if you do, go ahead and get licensed as an agent. Once licensed you will quickly learn which aspect of the business best suits you and be in a position to immediately apply. And if none turn you on, you still have the option of returning to school.

real estate in Mississippi

What type of cheap real estate are you seeking in Gulf Port, Mississippi? #1. Cheap house to reside in? #2. Cheap land to build a house or commercial building? #3. Cheap commercial property? #4. Cheap rental property? Additional information would be required in order to offer any type of good advise to you about cheap property in Gulf Port, Ms. I hope this has been of some benefit to you, good luck. FIGHT ON

I want to learn to art of real estate investing with no money down.

The Government has temporally slowed the downward spiral of truly property expenses by way of enacting residence purchaser credit and different tax incentives, however the decline will begin once more whilst the ones systems expire and foreclosure begin once more, this time considering the home-owner has misplaced his/her task.

I was going to focus more on coarses at some real estate institution.But can you major specifically in real estate at colleges? If so, is it better to just go with that than go to a real estate institution?Does my plan on going to college part time with general ed work? Or do I have to major in real estate AND go to a real estate institution?

I suggest you go to the junior college to get an AA (while living at home). The AA is your choice. If you wish to take a real estate course as an elective then do so. To begin in real estate sales you'd need $10,000 and a new car. Both are costly and you'd need the money to do that, so you'd have to be working for many years to earn that, so get your 2-year degree first, then transfer that to a senior college or any college or university that would accept your AA. You'd need some technology courses as well, and a law course, economics, marketing would be good also. Remember that being in real estate means you'd have your own business and so over the years going forward be sure to make friends, be responsible, honest and trustworthy, and stay in the same community where you were you grew up because you'd need to be selling real estate to those people you grew up with and their families.

Can anyone tell me the difference between real estate agent, sales agent, broker, and realtor?Who are the people that show potential buyers houses based on their needs, host open houses, and make commission on sales?

A real estate agent and a sales agent are the same. A broker is and agent that has passed the brokers exam and holds a brokers license. A broker can start their own office and have other agents and brokers work for them. If you are not active in real estate and are a broker, you can hold your own license. If you are an agent, you will have to have a broker hold it for you or have the state in which you live hold it for you. A REALTOR is a dues paying member of the National Association of Realtors. Most agents and brokers are REALTORS. Both agents and brokers show houses, hold open houses (what a waste of time) and make commissions based on real estate sales.

I want to take the Real Estate course for the state of NJ and get my license, if i move to a different state would i have to take the course over? I'm a military wife and will be moving a lot, and I don't want to spend money on the course if i have to pay every time i move.Please don't give any responses if you are not familiar with Real estate, thanks

It depends on the state that you move to, but you should only have to take a portion of the class. But you will be required to take the exam again and pay for your license (licenses are issued by each state). It just depends on which state you move to.

I mean, I have done my research on real estate (In the US, Dublin, London, Oslo, Geneva, Tokyo as well as other major cities, and Oslo really takes the cake!).Are there methods one can use to profit from a trend that is in a bubble, about to burst, and then "short" it? Kind of like an equivalent in the stock market? Are there such methods or similar ones?If there isn't, then what do you suggest? I'm all ears!Thank you for your time!

This is a much more sophisticated question than is really appropriate for this venue, don't you think? How much are you willing to lose on harebrained advice you receive from a random person on the internet?

I would like some real facts and figures on this. Was there any real research on this or is it just a lot of hype to sell real estate courses?Did a govenment agency or somebody else came up with the figure of 90%?

i usely just less a product Design. Example's. Product De-sine A# Stops's carcinomas = leasing it out Maker's $840,000,000.00 plus Royalty's and or interest. Produced De-sine B# Stops's Epilepsy = leasing it out Maker's $840,000,000.00 plus royalty's and or Indesit pharmacies allows me to carry a small innovatory. that make a lot money... Were in housing one would carry a lot of innovatory with a making vary Little profit like a $1,000,000.00 usa dalliers