English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories
3

I am working thinking about going into the real estate business. What are the requirements and procedures, etc?

2006-11-08 09:51:18 · 8 answers · asked by Anonymous in Business & Finance Careers & Employment

I am thinking about become real estate agent. Does that helps with my question.

2006-11-08 10:51:59 · update #1

8 answers

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.

2006-11-08 14:21:39 · answer #1 · answered by John Rosa 3 · 1 0

Getting into real estate is really a better idea but pick the best path in-it. Beginning being a real estate agent learn the market the position where you spend and also ideals. Learn in avoiding problems, practices and the guidelines that guides you. Try to to pick the risk related to real estate out and function accordingly.

2014-12-05 19:16:33 · answer #2 · answered by Isobel 2 · 0 0

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

2006-11-08 10:00:22 · answer #3 · answered by mand 5 · 1 0

Yeah one can start as an investor or you can become collaborators with two three people to invest in real estate world and become successful.Moreover keep an eye on new projects like one is being launched by Puravankara in Chennai.

2015-05-19 20:44:31 · answer #4 · answered by aditya 1 · 0 0

The present land business is acting generally as it ought to on the heels of the best land blast in the most recent 40 years. There is far to tumble to return to "typical". This falling go into a typical business, coupled with the constriction of the sub-prime home loan market has the land purchaser, and numerous mortgage holders in a condition of trepidation. The different media keep on delineating an exceptionally inauspicious picture of the business sectors as a rule without recognizing the national business and nearby markets, for example, the Arizona land market, with components remarkable in the methods for populace development and financial specialist action. I have seen various articles alluding to the sub-prime calamity as a worldwide emergency. That may be taking it a tad too far.

The fact of the matter is, there is no geopolitical noteworthiness two later occasions in the U.s. land business sector and the sub-prime emergency. To climb to a level of critics, an occasion - monetary, political, or military - must result in a definitive change in the universal framework, or in any event, a basic change in the conduct of a country. The Japanese saving money emergency of the early 1990s was a geopolitical critical occasion. Japan, the second-biggest economy on the planet, transformed its conduct in essential ways, leaving space for China to move into the corner Japan had at one time claimed as the world's fare dynamo. Then again, the website emergency was not geopolitically critical. The U.S. economy had been stretching for around nine years, an astoundingly long time, and was expected for a subsidence. Inefficiencies had ended up uncontrolled in the framework, no place more so than in the website bubble. That division was decimated and life went on.

2015-01-04 17:47:59 · answer #5 · answered by Teamsmithca 1 · 0 0

First attempt to discover anybody you recognize and believe. Whether they're a dealer, agent or lawyer. Just b/c they're this sort of 3 does now not mechanically hinder them from being the correct character for you. You have got to suppose comfy with them. Keep in brain throughout all of this, that they're running for you. If they aren't running however simply accumulating a paycheck, discover anybody else. Everyone of the aforementioned men and women can and can make a massive sum of money should you select to paintings with them. Further, so much markets within the US have tilted toward the customers aspect to a point. This method you're now within the drivers seat. Everyone within the truly property enterprise demands customers. Best of good fortune. Joe...

2016-09-01 09:24:45 · answer #6 · answered by shiva 4 · 0 0

Real estate is a firm dealing with house properties. For example SamWinter in Mobile,Al. There are homes for sale in Mobile ,Al which are really cheap and big too, thanks to SamWinter.

2014-12-09 00:47:19 · answer #7 · answered by Wallace E. Burns 3 · 0 0

Getting started as an investor is a lot easier. You don't need to be licensed to rent a house.

2014-10-06 16:05:27 · answer #8 · answered by H 1 · 0 0

Investment in Delhi Heights is Very easy for future planning.

2016-04-26 00:50:18 · answer #9 · answered by ? 1 · 1 0

fedest.com, questions and answers