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Real estate employment?
- It's not a job, Kevin. It's your own business. You will need enough money in the bank to live on for the first year or two, plus at least $5000 to get started (classes, advertising, office supplies, MLS dues, etc.) And you will need lots of persistence and the ability to handle lots of rejection. Most people who start as real estate agents do not make it through their second year. Schooling is irrelevant, except that you need very clear communication skills, both written and oral. How far can you go? You can own your own company with agents working under you, you can make plenty of money just selling real estate - commercial is more lucrative but also much more difficult than residential, you can purchase your own investment properties. And there are tons of related jobs in mortgage, title, appraisal, inspection, developing, property management, etc.s
Real Estate Agents. Advice please?
- Does this agent want you as his/her licensed assistant? Or they just want you to join the business? If it's the latter, I'd seriously consider whether or not it's a joke or not since no one ever says that unless they genuinely think you can cut it but want to offer you absolutely nothing. Statistics are 50% of new agents quit within their first year. Of the remaining 50%, 50% of them quit within 3 years. It's a tough business. For my real estate board, 80% of sales are done by 20% of agents. That goes to show that there are tons of agents who make nothing. You have to pay to get licensed, then you have your monthly brokerage fees. Let's not forget start up costs like a website, branding, business cards, real estate signs, etc. You get paid solely on commission. So you can bust your butt yet still make nothing. In the beginning I literally worked 80hr weeks and I made less than $25K that year. The next year I didn't work as hard but I made a lot. If you don't have a large network, you'll be doing open houses for awhile or taking people's leads for a percent in return back to them. It's a very tough business but if you have enough money saved up to survive the first few years, you will love it. It's incredibly fun but also incredibly stressful.s
What jobs are available in real estate for someone non-experianced?
- I could say it'll be the primary three months or so that may be fairly difficult. You will have to be competent to have a minimum of a remaining or two in that point. Then from there on in in the event you paintings rough you'll make an great cash in it. Remember the side time marketers, and the lazy marketers are those ravenous proper now when you consider that the marketplace is down. The ones who bust their butts, and nonetheless hustle rough every day are creating a killing. Its all on your individual paintings ethics, and your force. Remember you'll no longer have a md nagging you to visit paintings day-to-day, so its handy to allow the times slip away. Work rough, keep targeted, and also you will have to do OK. You should not have any predicament hitting 6 figures after your first 12 months.(and a minimum of 50k in that 12 months.) I in my opinion have a few disorders with this, however I paintings an natural of 40hrs every week, and I make 6 figures regularly. Even in down markets. If you're employed rough the hours you installed you'll see outcome. Average dwelling in my field is round 250k. Now if you're in an field in which they're 600k it'll be less difficult to make tremendous cash, and if the natural is 100k it'll be tougher. Bottom line is in the event you deal with it like a industry, and no longer a slacker you'll earn money RE Agent, Remaxs
What is the best method to invest in real estate?
- Buy direct into a REIT such as Inland Real estate. Sit back and re-invest your dividends. Watch it grow. By law they must distribute 80% in dividends. Then you buy more shares at a discount. Been doing this for years.s
how does a real estate agent work?
- The buyer agents are typically paid at closing. If they ask for money up front that is so uncommon it would be suspicious. Find a good, full time experienced agent and give them your specific criteria: # of bedrooms, cost, locale, amenities, you name it. They'll plug those criteria into their multiple listing software (the database of all home for sale by realtors in the area) and they should either email the listings to you or give you the printouts. Pick the homes that interest you and have them schedule the showings accompany you. When you find one you like, they'll facilitate the offer and negotiations. Anything you don't know, they should advise teach you. They should also give you some direction in finding a good mortgage company and attorney if they are used in your state. Good luck and have fun.s
real estate agent high school requirements?
- 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.s
Georgia Real Estate Law Question?
- As agents, we CANNOT answer or give LEGAL advice when it pertains to the law. I would most definately contact a Real Estate Attorney, and ask this question too. I personally feel that this didn't just pop up last month, if they are discussing the possiblity of closing the pool then there is a reason, and has probably been in the works for several months. Contact the seller's agent and ask if they were aware of this, and then contact an attorney. You may find an attorney on here, but make sure they know the law according to YOUR state that you reside in. I would think that there is a recoarse that you would have, but then again, I have personally experienced situations where I could not believe that the association was allowed to get away with what I thought was clear robbery! CALL A RE ATTORNEY!! Good luck, and keep me posted please! I would be really upset myself if this was happening to me.s
real estate fruad ?
- Just because you are not on the mortgage does not mean that you cannot be put on the deed. Your friend can add you at any time. They own the house not the bank. The bank puts a lien on the property. They just cannot sell the house without paying the mortgage. Personally I would not give you 50% of the house if you did not pay 50% into it. You will have to draw up a contract that would state your share of the property if you are put on the deed.s
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