Q:I am a college student and I was thinking of becoming a real estate agent to gain some knowledge in the field. I want to gain access to the multiple listing service and attempt some investment opportunities. I hear that you must pay a broker office fees and other kinds of fees. Is it possible just to become a real estate agent and not really have an office nor work for them?

no.

Q:I am about to start looking for a real estate salesperson job, but my credit rating is a little sketchy and I'm worried about whether the agencies in NYC tend to do credit checks on their employees. Otherwise, I have no criminal record and can provide good work/personal references. Responses on your company policies re: employee credit checks from those working in Manhattan would be appreciated, however if you're located elsewhere and can tell me about your hiring, it would be welcomed and greatly appreciated as well. Thanks!

Real Estate Agencies Do Not check your credit. They really have no reason to. The only way you would need your credit checked is if you are planning on investing in real estate. And by the way- it shouldn't be hard to find a broker that will accept you. If a a broker has desk space they will hire just about anyone who has a license. The key is to find a company that will train you correctly. Some of the companies I recommend are Weichert and Keller Williams.

Q:I just finshed my courses for real estate license sales person (CA) and I am worried about the test. Is it difficult or long, multiple choice? I am also interested in getting my apprasial lic. Any one have experince apprasing vs selling? Thanks for any info.

The RE agent license is a walk in the park, compared to an appraisers license. Appraisers test has a 40% fail rate. Here is what it takes to become a appraiser: Education and experience requirements To be eligible to become a state-certified residential real estate appraiser, you must meet all of the following education and experience requirements. There’s no specific order required to gain this education and experience. After you have completed these requirements, you’re eligible to take the state-certified residential appraiser exam. Experience Before you may take the exam, you must: Find a certified appraiser willing to supervise your work experience as a trainee. Work under the supervisory appraiser to get a minimum of 2 years’ real estate appraiser experience (24 months and 2,500 hours). Hours may be treated as cumulative in order to achieve the necessary hours of appraisal experience. Education To be eligible to take the exam, you must successfully complete: An associate degree or higher in any field or 21 semester hours (at least 3 semester hours each) in all of the following: English composition Principles of economics (micro or macro) Finance Algebra, geometry, or higher mathematics Statistics Introduction to computers: Word processing/spreadsheets Business or real estate law and A total of 200 classroom hours of approved real estate appraisal courses, including all of the following: Subject Hours required Basic appraisal principles 30 hours Basic appraisal procedures 30 hours Uniform Standards of Professional Appraisal Practice (USPAP) 15 hours Residential market analysis and highest and best use 15 hours Residential appraiser site valuation and cost approach 15 hours Residential sales comparison and income approaches 30 hours Residential appraiser report writing and case studies 15 hours Statistics, modeling and finance 15 hours Advanced residential applications and case studies 15 hours Electives 20 hours Good luck.

Q:I would like to know to expect as a finders fe for aa real estate sale?

Finders Fees In Real Estate

Q:steps on how to become a real estate agent as of now im in high school, about to graduateall info would help thanks

The skills you'll need to excel as an agent, and how you can develop them. Ideas to start your real estate training right now through informal learning. Tips on researching your local real estate market. Types of sources that offer the formal real estate training you'll need, such as: Real estate schools. Large franchise real estate offices. Real estate boards. Online or correspondence training. How you may be able to get your real estate training paid for? A list of state and provincial real estate licensing contacts.

Q:Who makes more annually? A car salesman or a real estate agent?

Depends on how good you are and how good the market is. Bad ones dont make it at either.

Q:What other ways of making money there are in a real estate company, besides selling? If I don't make any sale, will I be able to make some income working at the office?Thank you

There are options available such as: * You can work at a new home site office. Developers need people to staff a new community and answer questions that the visitors may have. There may be limited opportunity for this in FL because of the current economic/new housing situation, but it may be worthwhile to investigate. You are paid hourly for this job. There are are staffing companies that can hire you for this job. * You can work in leases instead of selling. This can be done with your current license and the local MLS. * Jobs should be available at apartments; you could work as a manager or an associate. * You can probably diversify into commercial real estate and do the same thing as above i.e. leasing out commercial properties. * If you already have some experience, jobs should be available at corporations such as real estate developers, investment companies, and ancillary industries. You do not necessarily have to sell real estate in these jobs -- you could use your experience to get into areas such as marketing. Hope this helps. It may also be good to google and see what other options might be available.

Q:I was thinking of getting my real estate license but i want to to know whats better what and gets more money?

Agents work for brokers.

Q:I have 3 more classes until I am fineshed with real estate school.Any suggestions or advice.I am thinking of starting out with apartment locators rather than homes!!I dont know.... I am married and 21 and I have been through a few other career choices and they didnt work out. I hope I will like real estate.Is it good money in Texas???HELP HELP!!!Thanks much

Real Estate is like everything else. You get out what you put into it. Never give up! Apartment locators will get you a little money really fast. If you need the income to survive than absolute start there to survive on. But you are not getting your license to survive! The best way to make money with a real estate license is to get listings! Listings! Listings! Did I say Listings! I tell every new agent that comes to my office if they want to make money in real estate to get listings. Make your approach unique. Pick an area you are already familiar with in a price range that most people are buying in. Get out of the office and hit the streets. That is where the money is found. Work the expired listings in the area. Work the FSBO's in the area. Check with your broker and see if they will let you offer a lower commission on the listing side to get you in the neighborhood. Don't short change the buyers agent's commission. Ex: a 6% would be a 3/3 split a 5% would be a 2/3 split, a 4% would be a 1/3 split. You won't make much if another agent sells your listing but that don't matter. The more signs you have in a neighborhood the more calls you get from buyers. MAKE SURE YOU HAVE NAME RIDERS ON YOUR SIGNS! You are not just trying to sell your listings you are selling everyone's listings. As you get more experienced and more clients start calling you and you have less available time then your value goes up. If you decide to come to the New Orleans area look me up. I am always looking for new agents. Michael

Q:I am trying to buy properties in Michigan, but my real estate agent doesn't return my calls and emails. Is there an easy way to make offers without a real estate agent?

If you are having trouble with your real estate agent you might consider calling and speaking with your real estate agent's broker. You might request another real estate agent from this office or you may terminate the contract with the broker and his real estate agent. Keep in mind that most real estate agent's contracts have a clause in them that require payment of a commission if this real estate agent introduced you to the seller. Making an offer and presenting an offer could be difficult or easy based on your attention to detail. You might find a local real estate offer as a real estate agent would use. This is a fill in the blanks. You might simply write your offer on a piece of paper outlining your offer price, a date to close the transaction (this is a guess at the highest order and will not close on this date.)If you are obtaining a mortgage loan to purchase the property, the amount of deposit you would be making subtracting this amount from the offer price.Have the seller sign this offer if they accept the offer. Take this signed offer to a local escrow closing agent and a title company to complete the documentation. This is exactly what a real estate agent would do with a signed offer. The escrow closing agent would then prepare escrow instructions, based on the signed offer. If there are additional information or documents needed the escrow closing agent would request them from you or the seller. Between the escrow and the title company, they would make sure the transaction would close based on the local, state and federal laws that would govern real estate transactions. I hope this has been of some benefit to you,good luck. FIGHT ON