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How much on average does an established real estate development company in Los Angeles California make a year in profit?
- Well that depends. Typically the real estate agency gets a commission percentage on every property they sell ranging around 5-10%. Usually the agent who sold the property will profit about 2-4% of that. And the prices of properties in LA very on the location but I'd guess the range to be between $400,000 and $500,000. So for example, if they sell 50 properties in one year and get 7% commission, they would make $1,750,000 a year without taxes. Hope that helps.s
I am fairly new to the Mortgage industry and was looking for tips and tricks on how to prospect to real estate professional. Is there a good process? Any contact strategies that will work well?Thanks!
- I love to network so I go to all chamber of commerce business mixers. My name gets out and the business people you meet will usually offer leads to you even though you just met them. Also I would pick a neighborhood or development that I want to prospect, set the street boundaries of where I want to concentrate the most and then call Title and tell them you want a list of names and addresses for prospecting. They will not only do this for you,but they can make labels and some will do postcards for you as well. Also everywhere you shop give them a business card and ask them if they know of anyone who could use your services.s
Real Estate Agent.Under:BusinessMarketingAccountingEtc???
- Look to see if there is something in Financial Services, Finance, Real estate, or law. The running of a real estate office could be management. Appraisals could be under construction. You do not need a college degree to be an agent and therefore most colleges do not have a program. Community Colleges are most likely. If you just want the license, contact your community colleges continuing education (non-credit) department. If your college offers it for credit it will be somewhere in business (usually in finance because of the mortgages). A degree in sales, marketing, management, or finance makes sense for this job.s
hi frnds.im 25 yrs. Engg. Graduate.i want to know everything about investning in real estate from top to bottom,so plz tell me from where can I get that all this knowledge?and I want a mentor for this…any places??
- Hi, I do not do tax liens, however without a cash and no credit score, you'll uncover pre-foreclosed estate and tie up the estate with assignable acquire choice contracts and promote your contracts to different traders. I suppose with tax liens you have to have cash to shop for them and you then ought to wait to peer if the landlord finally ends up paying or now not. If they don't, you'll ought to evict them. I in my opinion can not evict any person from their residence. Good success and joyful making an investment. Regardss
I was lying in bed halfway sleep this morning and i over heard a infomercial about how regular everday people where making big money in real estate buying and saleing foreclosed homes. They sounded genuine . I never realy considered doing this and don't know the first thing about it. Can anyone tell me how i get into it step by step?
- Real estate is good if we use it in proper manner and with your soft skills which are very helpful while dealing with customers.And also it depends upon various factors as economy.financial crisis geography etc.So we can't assure to own only profits sometimes we will have to face huge loss.s
I want to apply for a Business Loan so that I can buy investment property to rent out. I have an excellent credit, a condo that is currently being rented out but I do not exactly what kind of real estate should I do Business? I want to start by myself with no one else's help, any suggestion on what should be my small business about?
- Well first off you need a business plan, capital to back it up. Without those things, it could be difficult to get started. Do you really know what you're doing? Have you done your homework?s
Has anyone ever obtained a broker license in california without having your sale's license or 4 year degree. I hear that there are other alternatives such as being in the real estate field for a few years to show the department of real estate that you do have some form of experience. . I've been in the mortgages and real estate banking for 6 years and I've completed 6 out of the 8 courses needed apply for a broker license.
- Dre Ca License Lookups
Hey guys,I have been doing some research on how to obtain a Real Estate license so I can freely appraise and help friends and family in the home buying process. I heard somewhere along the way that there are two types of licenses. One is a broker license and another is a independent.What I heard is that as an independent license holder you are free to do as you please and try to sell any property where as a person who obtained a license with a broker can only sell properties that the agency possess, such as if you have a license with ReMax and work for them, you can only sell properties owned by ReMax or owned by clients of ReMax. Can anyone tell me more about the license and whether or not the information above is accurate?A link to a very informative site or page would be highly appreciated!- Jason
- An independent license is basically just a referral license, it does not allow you to sell property at all, just refer clients - the real estate agents who are working for companies then pick up your referral and actually sell the house to the client you have referred. When the deal is closed, you get a percentage of the other realtor's commission ( the one that picked up your referral). So it is a big difference between an independent license and a regular license. As far as having a regular license, you are free to sell any property that is listed in the multiple listing service - what happens is that if it is not a property listed by your broker's office, then you have to split the commission with the other broker's office who has the property listed. So the commission gets diluted down the line. If you would like information on an independent license, try IRC Referrals in Woodstown N.J. - they offer them - and an independent license is good nationwide, because you aren't actually selling properties. So you can live anywhere. The license is also less expensive to renew per year than a traditional real estate license. I held both for many years.s
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