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Getting into Real Estate?
- hope this does not sound confusing. Being a real estate salesperson or broker [the sales person's boss] is a very very serious world, time consuming and wrought with laws--federal and state, that must be memorized BEFORE you can show a house to anyone! YOUR finance classes will come in handy--and if you wish to become an agent, you will be a combo PART lawyer, part hustler, 100% advocate for EITHER [you can rep both but it is stupid to do so] seller or buyer. YOU must pay for an application, pay for the schooling [only specific schools are authorized by each state], pay for the state test after you pass the school's tests, and then, pay for the license....and if you like NAR [most brokers are members] you must pay for a membership there too. Figure 100 hours of very focused concentration, $300 out of your pocket NOT counting NAR before you earn one penny--and that penny comes only after a buyer and seller close escrow with your help! can guide furthers
how to become a real estate ?
- Agent? Take the Sales Agent course and pass it. Check local community colleges or talk wiht a broker at GMAC or Century 21 or your local RE companies. Sometimes they would sponser the cost.s
What is you Best Real Estate Investing Tip?
- I would say, don't invest in real estate right now outside of Houston, Dallas, Chicago, and Seattle, all other markets are in a decline or at very best, a holding pattern. If you want to work that angle, invest in the ABX index, it's a much better risk in the current market.s
can anyone tell me whether life insurance falls under real estate property.?
- No, real estate is land, or buildings ON land. Life insurance is a CONTRACT. Life insurance PROCEDES are also not real estate.s
armando montelongo real estate program?
PA & NJ Real Estate Licences?
- The exceptional advice is to uncover probably the most best rated sellers within the New Jersey subject, and determine a referral price. The truth is that you just are not able to correctly constitute the patrons on the grounds that you do not real recognise the marketplace in NJ and legislation are distinct from state to state. You're requesting issues. Take the referral and create a dating with the agent. Maybe they will ship you a referral down the street.s
Can anyone explain how probate real estate investing works?
- You have great questions, too many for the courses' you are talking about. Of course, heirs list their homes with Realtors like anyone else and expect to get top dollar- no one gives their houses away. The course sponsors make their money selling you the course, if their plan was so great, why would they be telling you when they could be doing it full time and making boatloads more money than selling courses!s
Questions on Real Estate Broker/ Agent ?
- I would contact another mortgage broker after meeting with the real estate person (who might also be a mortgage broker). A mortgage broker gets daily rate sheets from a bunch of different lenders. And, if the broker ends up securing the loan for the client, the broker gets a commission from the lender. And, the amount of the commission is based on the terms of the loan (interest rate, amount of the loan, how many discount points paid, etc.). Two different mortgage brokers will basically have the same rate sheets to work off of. But, some mortgage brokers will steer the client toward the mortgage that looks like a good deal, but isn't the best one available, because it offers the broker the better commission. Other mortgage brokers even roll part of the commission into the borrower's loan fees, resulting in what they call a no-cost mortgage. These tend to be slightly higher interest rates, though, so the commission is high enough to pay the borrower's fees and still give the broker a decent commission. When you get pre-qualified for a loan, this is where a mortgage broker or lender has reviewed your financial status and says you can afford to borrow x-amount of money. And, this is usually required before a buyer can submit an offer. But, the buyer can choose whatever mortgage broker or lender he wants when it comes time to make the actual purchase. So, like buying anything, the smart thing to do is shop around with a couple of mortgage brokers and see who offers you the best deal.s
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