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Can I shadow you, if you are a real estate investor?
- The Government has temporally slowed the downward spiral of truly property expenses by way of enacting residence purchaser credit and different tax incentives, however the decline will begin once more whilst the ones systems expire and foreclosure begin once more, this time considering the home-owner has misplaced his/her task.s
Real Estate License?
- Check with your state's real estate commission to see the requirements to become licensed, because it varies by state. Classes are usually available through community colleges and by privately owned real estate schools. The latter usually costs a little more, but the classes are usually shorter (i.e. four 2 day weekends, 8 hours a day at vs. a semester at a CC). Most people that I've talked to preferred the private schools because learning the information in a compressed time worked better for them. You're more likely to have forgotten material you learned in January for a test you take in June. Plus, if you have a family taking the class in a compressed schedule may prove to be less disruptive. I attended a private school every weekend for about a month for those reasons. Finally you'll usually have to pass a criminal background check, credit check, then state test in order to become licensed. Like a previous poster, I got my license earlier this year. I plan to continue working my full-time job for a while. Keep in mind that you'd be working as an independent contractor. So you'd be responsible for your own health insurance, retirement, etc. And like others have said, don't expect to make any money for a while. Depending on the agency you decide to work with you'll likely have to pay desk and/or regional fees every month. At a minimum you'll have to pay monthly access for the MLS, annual dues to the National Association of Realtors, and various fees to the state in order to practice and maintain your license. Additionally you'll have to take continuing education classes every year. Good luck!s
Is the real estate market a good job to try and get into right now?
- I assume you are talking about him becoming a real estate agent. It is a good job. However, there is no health insurance, you have to pay your own taxes, there is no 401 k plans, no insurance of any type. You are an independent contractor, and as such, you choose your own hours and everything else. But that takes discipline which someone at 24 may not have. You also may want to tell him he will need to have at least 6 months of income saved up, because it takes about that long to show any income after the initial r.e. classes, which are mandatory to become an agent in any state. Good luck!s
How do I become real estate agent?
- Most (all?) states have a requirement that you take a certain number of hours of classes, and that you then pass an examination. For instance, you might need to take 60 classroom hours. Classes are often offered by the real estate companies in your area. That's where I took my classes. Sometimes they're also offered at community colleges. So: Call (or check on the web) the major real estate companies in your area. Ask them if they offer classes on becoming an agent. Many of them will have a couple-hour introductory program explaining the process in your state. I personally recommend an intensive program, rather than one stretched out. Don't do the 3-hours a week for the next 20 weeks program. By the end, you'll have forgotten a lot of critical information. Choose the 1-week or 2-week intensive program. After you take the required courses, you'll then take a state licensing exam. If your preparation was good, the questions on the state exam will closely resemble what you learned in class. (That was the case with me.) You take the exam and hopefully pass. (With good courses, there should be a 75%-85% pass rate or higher.) Once you pass and are licensed, you affiliate with a broker, and you're ready to go. Hope that helps.s
New to real estate, question about auto insurance?
- Many companies allow children to be covered on their parents' insurance without actually being listed. However, if your job now requires that others be added to your insurance, you will either have to get insurance in your name and add the real estate firm or have your parents add the firm to their insurance. I'm not sure how much it would cost to have the firm added to the policy. Prices depend on several factors, and you would need to check with a local insurance agency to find out specifics. For the most part, the amount `charged for additional drivers is dependent upon the driving record of the person being added. I'm not sure how that would work with adding a real estate firm. You really need to contact an insurance agency to get your answer. Quotes are free and you can get them over the phone or online from places like Progressive and others.s
Thinking about a Real Estate License?
- Whether you're about to get your real estate license, or you've begun your career as a new real estate agent, plans of action will help you to do the right things at the right times for a successful start of your real estate agent career. This is a business. Successful businesses do budgets and know their expenses, as well as projected revenues. Beginning a new career as a real estate agent is exciting and you'll want to hit the ground running. Your long term success depends on many things, but a good beginning real estate business plan is one of the most important. As per my experience, i will suggest you to use real estate software, FreedomSoft, It is a real estate property management software that gives a single login for entire real estate investing business.s
What are qualities a good real estate agent needs to have?
- Real estate agents are self employed so you must have good business skills - record keeping for tax purposes, marketing, managing...-the same skills a self employed plumber must have. Additionally, to succeed in real estate, you must have an outgoing (some would say pushy) personality, very active in civil and social circles for networking (most listings come from referrals), people skills (how to read people, know when and how to mollify or encourage clients), mediate disputes (not legally but no house has sold without give and take and negotiating), you need to know the market-what kind of property is desired and what is available, what social and economic issues or problems have occurred that impact prop values -are they putting in a new highway, did the major local employer just lay off or move to another state?. Much more but I am sure others will chime in.s
Dividends vs Real Estate???? HELP!!!!?
- The okorder.com All the best.s
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