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What's a real estate and realtors and all that stuff?Thanks!
There are 2 types of property, real and personal. Real property includes land (bare land, homes), personal property is everything else (cars, furniture, clothing, etc). Notice that a mobile home is considered personal property because it does not include land. A realtor is a licensed person who helps people buy and sell real estate. They receive a commission, usually a percentage of the sales price, for doing this. For a first time buyer, realtors are invaluable because they will explain the process, do the paperwork, and basically hold your hand through the entire process, which can be intimidating, especially for first time buyers. Since the fee is normally paid by the seller, it's a great deal for a buyer.
My girlfriend is set on being a real estate agent after high school. She has always said that she doesn't want to go to college because she doesn't want to go into debt when she doesn't need to. She thinks that you don't need a degree to be competitive as a real estate agent. Is this in correct? And if she would be better off with a degree, what should she major in? I thought Real Estate would be the obvious one, but it doesn't seem like it's a degree widely offered in schools that aren't giving it online. Would something like a degree in advertising be better?
Even if you do not need a degree to become a real estate agent it's best to have a degree in business or finance or real estate. It will be your edge and weapon against a great number of real estate competitors. You'll have a good foundation, knowledge as well as training that will offer you greater career opportunities in real estate.
i am in high school right now going in to 12th grade and i want to be a real estate agent... the thing is i really hate math and i really don't want to take math 12 this year ... what are the real estate high school requirements so i can be a real estate agent ???
There are none. If you have a simple grasp of basic arithmetic is all you need. There is no formal requirement to get a real estate license. Any high school drop out can get a RE license if they take the required classes and pass the test. You do have to take a few classes of informal training but again anyone can do it. However, the reality is real estate agents make their money entirely on commission and no adult (other than maybe your parents and grand parent) are going to let a 18 year old represent them in purchasing a home. Also it takes a sizable amount of money to get started in the RE business. Realtor and MLS dues, lock box purchase and fees, advertising costs, car expenses, cards, signs, office expenses etc. It costs about $3000-$5000 a year minimum.
does a real estate construct their houses?do they have a construction company to contract?are they the ones who design their houses?can their contract construction company design and supply their raw materials?
Generally speaking a real estate company lists and sells real estate. Some do property management for people also. To construct homes they have to have a builders license. Architects design the homes unless they used floor plans which are purchased from someone or the buyer brings his own floor plans. The builder can contract with whoever gives his the best price for the best materials needed for the project. That is determined by the builder if he is going to build the home then sell it or the person who hires the builder to build his home. Some real estate companies have builders and mortgage companies that are part of their companies but that is not required.
Okay, so I'm a little weird but I LOVE spending free time browsing redfin . And I'm not even in the market for a home! Real estate just fascinates me BIG time. I'm a stay at home mom but when my young ones get into school full time, I'd love to find a job in real estate. With that said, I'm not a huge people person so dealing directly with buyers/sellers doesn't interest me. I'd like to do something a little more behind the scenes, on the technical side. Not really sure if there's a profession for that. Obviously i don't want to just do data entry (I have an unrelated Master's degree) so is there something that is very real estate oriented that doesn't involve talking to people on the phone all day and meeting up with people for showings?
So in other words you just want to live out your dream but not do any work related to the real estate industry. Yeah no there aren't any jobs that fit your description. I would have said real estate assistant but that requires answering the phone, dropping off and picking up keys, dealing with the website, contracts (IF licensed), etc. But no one will hire an assistant who won't answer phones and do data entry. You made it clear you don't want to be a real estate agent either. You can't work as a conveyancer because you don't want to do data entry and answer phones. Really, it's a fun idea but since you're unwilling to do anything related to the industry (our business is 80% dealing with people, even as assistants, conveyancers, etc), it kind of means you can't get any jobs in it.
I am just now getting ready to take my pre-licencing courses for a Texas Real Estate sales license. At this point I know absolutely nothing about it. Is it hard to make a decent living? Should I get a job as as realtor first and then they sponsor me to get my license or is it easier to just have my license before I go job hunting? Please anyone who could give me some "start-up" tips....it would be greatly appreciated! We will be in the San Antonio area. Thanks in advance!
You should have a contract for your compensation signed by the broker and you. If you don't you might loose your cut, alot of brokers do this shady stuff. I would also go into the office and talk to them in person.
i am thinking of starting a new career in real estate can anyone give me some good advice
Here's the deal with real estate. If you want to be successful then you have to work it. Some people have the misconception that you just go in to the office, answer the phone for a couple of hours a day and that's all you need to do to be successful. It's not. You have to contact people. You need to contact everyone you know asking them who they know that's looking to buy or sell a house. You need to contact For Sale By Owners (FSBOs) and expired listings and try to get them to list with you. You have to treat it like a full time job if you want to make money. One broker I had said if you make 10 phone calls a day you will be successful.
I would like to know everything there is about Real Estate from the difference from a broker an realtor and an agent. I also want to know school I could go to and the courses I should take so i can pass the Exam for the licensed also what are the best places for real estate in the United States right now. Everything there is to know . Any websites or if you yourself is a real state or a broker I would really appreciate if you could give me information on it thank you
I would start with a good dictionary or go to the Mirriam Webster dictionary online. All you have to do is type in the words you want the meaning to. You could print them out and learn them at your own speed. Good Luck.