2006-12-09 12:59:57 · 13 answers · asked by Anonymous in Business & Finance ➔ Careers & Employment
Business or real estate..
In every State and the District of Columbia, real estate brokers and sales agents must be licensed. Prospective agents must be high school graduates, be at least 18 years old, and pass a written test. The examination—more comprehensive for brokers than for agents—includes questions on basic real estate transactions and laws affecting the sale of property. Most States require candidates for the general sales license to complete between 30 and 90 hours of classroom instruction. Those seeking a broker’s license need between 60 and 90 hours of formal training and a specific amount of experience selling real estate, usually 1 to 3 years. Some States waive the experience requirements for the broker’s license for applicants who have a bachelor’s degree in real estate.
State licenses typically must be renewed every 1 or 2 years; usually, no examination needs to be taken. However, many States require continuing education for license renewals. Prospective agents and brokers should contact the real estate licensing commission of the State in which they wish to work in order to verify the exact licensing requirements.
As real estate transactions have become more legally complex, many firms have turned to college graduates to fill positions. A large number of agents and brokers have some college training. College courses in real estate, finance, business administration, statistics, economics, law, and English are helpful. For those who intend to start their own company, business courses such as marketing and accounting are as significant as courses in real estate or finance.
Personality traits are equally as important as one’s academic background. Brokers look for applicants who possess a pleasant personality, are honest, and present a neat appearance. Maturity, good judgment, trustworthiness, and enthusiasm for the job are required in order to encourage prospective customers in this highly competitive field. Agents should be well organized, be detail oriented, and have a good memory for names, faces, and business particulars.
Those interested in jobs as real estate agents often begin in their own communities. Their knowledge of local neighborhoods is a clear advantage. Under the direction of an experienced agent, beginners learn the practical aspects of the job, including the use of computers to locate or list available properties and identify sources of financing.
Many firms offer formal training programs for both beginners and experienced agents. Larger firms usually offer more extensive programs than smaller firms. More than a thousand universities, colleges, and junior colleges offer courses in real estate. At some, a student can earn an associate’s or bachelor’s degree with a major in real estate; several offer advanced degrees. Many local real estate associations that are members of the National Association of Realtors sponsor courses covering the fundamentals and legal aspects of the field. Advanced courses in mortgage financing, property development and management, and other subjects also are available.
Advancement opportunities for agents may take the form of higher rates of commission. As agents gain knowledge and expertise, they become more efficient in closing a greater number of transactions and increase their earnings. In many large firms, experienced agents can advance to sales manager or general manager. Persons who have received their broker’s license may open their own offices. Others with experience and training in estimating property value may become real estate appraisers, and people familiar with operating and maintaining rental properties may become property managers.
2006-12-09 13:01:06 · answer #1 · answered by angie 4 · 1⤊ 1⤋
There isn't much you need to do to become a real estate agent. A degree is not required. You need to know the basics of a house is all, have good people skills and assist with some sales contracts. A real estate agent is probably one of the most unnecessary steps in home buying or selling. You can list online for $100 or less for a couple of months. A lawyer is cheaper, does all the paperwork, handles the closing and no commissions. I'm still amazed that people wish to use them considering the tremendous power of the internet. Be a real estate investor or be a school teacher.
2016-03-13 05:14:28 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You have a wide of majors range to chose from. However, whatever major you chose, make sure that you have a strong emphasis in marketing. That will be your bread and butter training for being a real estate agent. Also financial classes will ultimately help. Some good majors to look into are economics, business, marketing, education, financial planning. Of course your ultimate choice will depend on what you like, your credit count, ease of finishing. Hey!! Good luck!
2006-12-09 13:12:08 · answer #3 · answered by day 2 · 0⤊ 0⤋
Most community colleges offer classes to prepare for the Real Estate Agent exam.
2006-12-09 13:04:40 · answer #4 · answered by Bryan J 4 · 0⤊ 0⤋
Take: Real Estate and Major in Business Administration.
2006-12-09 13:09:44 · answer #5 · answered by Tammy Vivat 1 · 0⤊ 1⤋
If you want to be a real estate agent, you don't go to college. You take classes to become a real estate agent and get a license for that.
2006-12-09 13:01:54 · answer #6 · answered by Peanut Butter 5 · 2⤊ 2⤋
Business, though many colleges do have a real estate management major.
2006-12-09 13:01:36 · answer #7 · answered by Joy M 7 · 0⤊ 1⤋
if that is what you want to do, you do not need a college degree. you goto real estate school for a few months and get your license. If you do want to go to college, anyway, I would recomend a major in business and a minor in communications.Business skills are great for a realtor and communication is essential. you may even change your mind during your college years about what you want to do. Good Luck.
2006-12-09 13:03:59 · answer #8 · answered by Anonymous · 1⤊ 1⤋
Business with a minor in accounting, especially tax accounting.
2006-12-09 13:07:57 · answer #9 · answered by jpbofohio 6 · 0⤊ 0⤋
Do you need a degree for that?
Business should be best with a minor in communication or English, maybe psychology.
2006-12-09 13:02:03 · answer #10 · answered by Raina 4 · 0⤊ 1⤋