Real Estate

3 Responses to “real estate?”

1. kpjohnson2121 Says:
   March 8th, 2010 at 10:25 am

   Know and be able to differentiate between personal propert and real property. Know the laws on fixtures (what constitutes real vs. personal property), easements, etc. Know the laws, because they always are important. You also want to know about real estate financing, how to value homes, how much your payments will be, etc. It’s important as well to be able to distinguish between types of homes, whether they are life estates, simple fee, etc. That should help you out for starters. kpjohnson2121

2. ernster Says:
   March 9th, 2010 at 12:07 am

   Go to this web site a look under the Real Estate section you might find something their.

   ez-info ernster

3. FL Residential Investor Expert Says:
   March 9th, 2010 at 8:36 pm

   Speak to local realtors who are not doing well, as well as those who are. Listen to the challenges and complaints of the bummed out Realtor and listen to the highlights of the successful one. Statistically, most Realtors are not successful, and knowing both sides of the coin gives you a worse case scenario so you can determine if you can handle the down side - if that were to be your fate.

   You need a dose in reality about what you are entering into in terms of costs to you, the behind the scenes not so glamorous portions of the work, the feast of famine mentality you must have to survive etc. Many see the supposed glamor of this career and venture in, and after spending thousands before being able to hand out a business card, to realize it is not all they thought, and it is certainly not a career for those without a willingness to go for broke, and to take risks.

   You will be working for yourself - even when you are attached to a Broker - so all the expenses of running a business will be yours in addition to the requirements placed on you by the Broker you are linked to. It will take a while to go through your classes, study for and wait for state exam results, join the local Real Estate Board your Broker is a part of to qualify to work, find the client, find the house they want, get the contract through to closure and collect your check.

   If you do not have a way to pay for housing, food, etc, for many months before your first transaction comes through - don’t bother. If you do - then go for it because the only limit to your success is you. FL Residential Investor Expert

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