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Q:How do i become a real estate agent? Im a junior in High School so I would really prefer that areal estate agent answer. I would like to now all the steps, if any that I should take now, How old i need to be to get my liscence and all.Thank you!: You do not have to be 21, or at least not in some states. I received my real estate license at the age of 19 and have been/and will be working as an assistant until this summer when I will start being a full time real estate agent. Most likely a company will take you in, but keep in mind that selling expensive houses and gaining respect will be harder than you originally imagined, especially if you are just selling as a side job.

Q:In San Antonio which Real Estate company should I start with that I can potentially make the most money as a new agent?: doesn't work that way. u get to start in the one that accepts u . so apply to every one of them

Q:Is having just a real estate license enough to get into commercial real estate? I need to know what to do to get my foot in the door.: More experienced realtors usually hook up with land developers - some go exclusive with one corporation and some get a mix of low cost, mid-cost and high end developers in their real estate stable. It would actually depend on your target market and what you intend to sell to them. Another way of getting your foot in the door is starting within your immediate neighborhood and getting a listing of all the properties up for sale and promoting your business within your social circle. Good luck!

Q:In California, the commission to real estate salespersons is generally 6% (3% to selling agent + 3% to buying agent). After the real estate salesperson (either selling / buying agent) gets his 3%, how much does the broker keep and how much does the salesperson himself keep? I was told that broker keeps 60% and salesperson keeps 40% - Is that true?Also, how does a salesperson go about picking which broker to associate with? What kind of training does broker provide?: Real Estate Commission California

Q:I am interested in Real Estate. HOW do I get my degree? What books do I need? How do I get them? How much will it cost me? Can you please help me out? Thanks! :): i know you have to take a test that is hard as hell to pass.

Q:how much money has anyone made in the past year doing real estate in North Carolina? full time or part time. and how much money do you put in yearly? i really want to do real estate but i want to know what i am getting myself into before i begin. thanks...: I'm not a real estate agent, but when I moved down here from NY a couple years ago I couldn't meet anyone who DIDN'T have a relative selling real estate. I tried working with 6 different ones of them. None listened to me about what I wanted. They all kept pushing their own ideas trying to put me in a development. I thought the agents in NY were bad (from a consumer's point of view), but let me tell you - YOU DON'T KNOW BAD. They are what drove me to start doing my own searching for a home, signing with a custom builder only working with a realtor, under duress, to find the right lot to build on. The other answerer is right. Go into one of the many medical fields opening up as all the baby boomers get older. At least you know that will be an industry that will expand over the next 20 years or so.

Q:Okay, we are new to this and in the middle of buying our first house.We just came from the seller's real estate office, we are finalizing things right now. But, anyways the agent is saying the seller is only going to pay him half of the commission,..which is 1500, and we are required to pay the other 750. This doesnt sound right to me. Why would we pay the real estate agent, we didnt chose him anyways. Isnt it the sellers responsibility to pay the agent? And if he doesnt, would that then make it our problem?: The rules are different in every state. If you didn't agree ahead of time or sign any documents prior to looking for a house that you were going to pay ANY part of the agent's commission, then you need to go to the real estate agent's broker and talk to them about it. Also, another good move would be to contact your state's real estate commission. They can advise you on the rules in your state. I'm a real estate agent, and in my state, the norm is that the SELLER pays the agent the entire commission, NOT the buyer. Good luck to you! I hate seeing people get taken for a ride! I don't think it's right for you to have to pay any of that commission if you weren't told ahead of time!

Q:anybody know a ballpark amount that a real estate agent charges in general, not based on region/area?: Real estate commissions are negotiatable. But, if you you try to negotiate too low, you will reduce the chances for a sale. In the vast majority of cases two offices are involved with the sale. The listing office and the selling office. If your listing agent doesn't offer a reasonable split with the selling office your property won't get shown. Accept whatever is the norm for your area. realtor.sailor

Q:Is it a law for a real estate agent to tell a consumer about abnormal activity (whether it's witnessed themselves or by the previous owners) within the house? If so, is it the same law or code throughout the U.S. or does it only apply to certain states?: Most states have laws that mandate disclosing known physical defects in a property. Check out the URL attached, it should answer your question.

Q:What is the first and best source to find out how your own local real estate market is doing? or what is the best sategy to conduct research?: check us census reports for growth of cities and metro areas as well as counties this will give long term indication of where to invest for the long haul. Regarding short term volatility use the bad market as a buyers market and make sure your offers reflect this. This buyers market is here and shall be here for some time. The sub prime mess is far from over and write downs from banks in years to come will ensure at least 2 to 5 more years of good buying for investors and people entering the real estate market. Make sure you check prices and sales in local newspapers as well as read the local paper articles on local market activity to keep up on it. I also get real estate journals from various brokers that help me in market activity. You might think to have a few commercial brokers sign you up for there monthly news articles if you can get them free. I also read wall street journal and money magazine's articles on real estate for extra as well. I also spend a great deal of time surfing the articles and blogs online which have varying degrees of truth. I find rolling up sleeves and doing deals buying and selling really puts you in a better understanding of market forces. The wise man is seated at the gates of the market place. Old mid eastern proverb. I like realtor's, brokers,appraisers, and management companies as more sources of knowledge on that matter. Wish you luck.. you picked a great time to buy! As Warren Buffett says he buys when the bears are giving them away.

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