Real Estate?
Curly Sue asked:
I am working thinking about going into the real estate business. What are the requirements and procedures, etc?
I am thinking about become real estate agent. Does that helps with my question.
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I am working thinking about going into the real estate business. What are the requirements and procedures, etc?
I am thinking about become real estate agent. Does that helps with my question.
March 24th, 2010 at 2:42 am
Real Estate…what?
Selling/lisitng agent?
Appraisals?
Title work? (closing company)
Flipping houses? (buying & reselling)
Landlord?
There are different requirements for each. For the first three you need to obtain a license.
To be a real estate agent you must take a course and obtain a license. Some real estate companies offer the course, sometimes the courses are listed in the paper. (I dont know what to tell you to expect for the fees)
Good luck mand
March 25th, 2010 at 3:52 pm
According to Investing Without Losing, a book on real estate investments — there are two main ways to go through real estate. As a real estate agent (sell for people) or as an investor.
Real estate agents go through usually 1-2 weeks of school, sign up for a board exam, and then pass it. To have an active license they would need to be hired by a broker. The continuing education classes, etc. Then find contacts, then try to sell properties for someone. The schooling, application process and your association fees plus background checks by the state — the startup cost usually are within $2-$4,000.
Investors are a bit different. Usually they fix their credit, apply certain strategies like flipping or bidding on real estate tax auctions, and start making money but they sell what they own instead of going through a real estate license. According to Investing Without Losing, 9 out of 10 millionaires are real estate investors. John Rosa