Q:I want to become a real estate agent in Michigan. I know you have to take some courses, and then apply for a license. I've done nothing yet and I'm a little confused. So where do I take these courses? And how do I do step number 1?

Call the biggest real estate company in town and ask if they have a real estate school and if they give scholarships. That's how I took my classes for just the price of the books and the test itself. You can also take the classes at most community colleges. The place I took my classes taught me how to pass the test, and as a result I learned some great test taking skills. I never learned those things in any college class I took.

Q:Im a senior at Texas and im about to go to college i am mostely interested in real estate i love it.i need some help about it.like how much is the salary these days ?do yall know any good websites?ANY HELP I WOULD APPRICIATE IT. THX EVERYONE.

The positions are file clerk, doc drawer, underwriter, loan officer, of course senior level of each of the last two. You can make anywhere from 12 an hour to start as a clerk mover up to the loan officer or underwriter and you will make great money. I know of loan officers making from 180k to 250k a year. Underwriters can make the same, just keep in mind that there are two different sides to the real esate retail and wholesale. You will have to choose once you become a loan officer or underwriter, the job security runs off the economy, heavy lay offs right now so be careful. By the time you get to that level the market should have rebounded and be ramping up for the home sellers. Good luck either way.

Q:Does anyone have the email for Joseph G Bucci Real Estate or for its owner? They are located in Geneseo NY.

Hi, i do not have information on about the email of the real estate owner which you had asked. Here is an important tip about how to make money in real estate. Flipping is the most commonly used strategy for real estate business. So, if you have no extra money but you want to make money in real estate investment then you can apply this method. Flipping refers to buying properties at low price and selling it for a high price. You know the good thing when entering this type of business is that you don’t have to invest any cash to earn money.

Q:1) Can mortgage brokers open their own office or space where they hire real estate agents and monitor them?2) How long would it take to become a mortgage broker and what is the best path of jobs in doing so?3) What degrees are necessary or at least helpful in obtaining this job?Thanks in adavnce.

while it may not make sense, a Mortgage broker and a Real estate broker work on two sides of a real estate purchase, their licensure is totally different and regulated by different parties most of the time. A RE broker helps a person find a property to buy or sell [if he is smart, never both in the same transaction --called dual agency]. a mortgage broker ONLY finds money. IT is possible in most states to get licensed to conduct both transactions ........and easiest to do both if doing commercial. But a mortgage broker by himself cannot hire any RE agents or brokers......he can only hire loan officers. he can open his own office and hire mortgage people,. money handlers! He has to pass a state test. and the laws are rather different when doing commercial and residential. NO degree for either position but passing a specialized state decreed curriculum is essential and passing the state test for MB's.

Q:I am about to graduate from high school and i am really intrested in a career in real estate. Before i start i need some help and understanding in real estate.What is the difference between :1. real estate agent2. broker3. inspectorI was also wondering once i get a state license how will i attract/ get customers and do i open my own bussiness or join one ?Thanks for all the help.

All real estate agents work for a broker.In order to become a broker you must have 2 years full time experience out of 4 years as a realestate agent.Once you get your realestate license you need to go to work for a broker at a realestate office.A realestate agent is not allowed to open up an office.Brokers are the only ones allowed to open up a realestate office.An inspector inspects houses that are being sold and in escrow.They check things like plumbing,electrical,roofing,etc.I hope I was of some help!

Q:Is becoming a Real Estate Agent difficult?

Depending on your state, the criteria might vary. I am a realtor in Southern Caliornia where you can take Real Estate Principles and take the exam. If you pass you will have a provisional 18 month license; thereafter, you must take two additional courses within 18 months to make your license permanent for four years. However, as of October of 2001, the Department of Real Estate will require Real Estate Principles and two additional courses BEFORE taking the real estate exam. Once you pass the exam and sign up with a good firm, they should send you to ethics training (about three hours) , you take an exam and this is where you earn the Realtor, designation versus just being an agent. Hope this helps. Maria Sanchez North Hills Realty 714-731-5900 x234

Q:I have a 9 month contract with a real estate broker - is there a way that I can get out of that contract and still be able to sell my house this year? The way that the r/e agent explained the contract was that I must honor it for 9 months + I think 3 or 6 more months after that (in case someone who came to her open house chooses to purchase the home at a later time)

What I suggest doing is telling the agent that you are not happy with the survice that they are giving you. Suggest a meeting with thier broker or someone in the buisness that is higher than they are. I would say that I would like to work with a different agent in the same office. That way you are not legally breaking your agreement. That would be my advice.

Q:Anybody out there complete the Msc in Real estate? If so, how would you describe your experience, and has it helped you procure employment? I have recently been accepted and I'm wondering what kind of job prospects I can expect. Thanks!

Congrats for the offer from cass.....I've been offered MSc Real Estate as well for 08/09 but was more keen on the Real Estate Investment programme..........however would love to have more information on the job prospects for MSc Real Estate course....it would be of great help to me if you could keep me posted about the same..............good luck!

Q:I see prices are being driven up by investors buying houses 20 or 30 thousand dollars over the fair price of the home. In my area I see prices have gone up like 60K in 2 years and with all the ghost inventory I get the feeling this can't be good. I just looked at a house last week and I see the estimate on every real estate website is like 30K under what the sellers are asking for it. Now if this home sells for that or even higher is just going to drive the price up for all other properties in the area, it's insane!

Yes many of the sales in my area - a very hot market - is driven by investors / cash buyers and quite a few are Russians and Asians. I now see prices starting to drop and a few expensive homes are in foreclosure --- but the word is late getting out to real estate agents and sellers. Since wages are not going up, buyers will not be able to qualify for many of the increased prices or be cash poor and rental prices are also going up and now I see them starting to sit. Some real estate agents convince buyers - especially those from out of state with money to burn or possibly hide for taxes - that they can't go wrong buying to flip or rent in my area - but my intuition is strong that the bubble is bursting or at least fizzing out slowly. Prices went up too fast too soon - and that's always a bad sign. Better to sell than buy right now unless you find a good deal or plan to own for at least 10 years.

Q:Real Estate Services

I live in Las Vegas and have 2 homes on the market. But I am sure you can seek a real estate agency online VERY easily. They will compete for your business......