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Q:I've been wanting to do Real Estate for awhile. I graduated Highschool last summer and since than, I've been trying to figure out what I want to do as a career. Before you say I'm too young and people won't take me serious, I've already thought about those things. I know that it's not going to be easy and I know there's a lot of competition and a lot of things aren't in my control and I am prepared for that. My main questions are, is it good money to make a living? Do I need money to do it (besides the schooling part)? Should I find a mentor? After schooling, how does it work? I'm going to do a 170 hour online class for a real estate brokers license. Once I start doing real estate and it's stable, I'm going to go to school to major in business. Any advice, tips and answers are very much appreciated. Thankyou.
You will need a luxury car to drive people around to look at properties. You have to wear expensive clothes to look successful. Since real estate agents are paid by commission, you will probably have to pay for office space, telephone, newspaper advertising, and all other expenses for your share of the office. So, it's going to cost you a lot to get started. Also, as about 98% of all successful real estate agents are very attractive women, if you are not one of those, you might as well forget about it and choose something else.
Q:I am thinking of going to school and getting my bachelors for Real Estate, but I am not sure if they make enough? Anyone know?
Real estate fees vary when you sell a home.. most realtor take a percentage of anywhere from 4-6% and then when the home sells.. the realtors (both buyer and seller) split the proceed per whatever the buyers proceed request is. For example: You sell a home for $400,000: The real estate commission is 4%.. then the total commission is $16,000 buyers realtor would get: $8,000 sellers realtor would get: $8,000 A realtor can make really good money, depending on how savvy and experienced they become. It also depends on the market.. and with a market like we are having now, I have seen a lot of them forced to make ends meet in other ways. Hope this helps. Good Luck!
Q:Is there a website caculator, that shows how to live off Real Estate Investments. By borrowing the equity that has bult up in the property's. Continuing to rent them out, then Borrowing the equity that has built up again?Thanks
I know one of those calculators. He just moved out of his over leveraged primary residence into an apartment that he did not need to submit to a credit check. He once laughed at me for not accessing the equity in my home. I had to get a court order to retrieve the business machines that had been frozen in his asset collection. I don't believe that you are keeping up with the current dislocations in the market that you inquire about.
Q:What job opportunities are there for finance majors in the real estate industry?
A lot of job for finance in real estate commercial real estate companies get you closer to the action in the property sector. They typically provide facility management and specialist real estate investment services.
Q:I am thinking of real estate as a career and i just wanted to know how hard it is and how many hours do you normally work a week i know its not easy because no job is easy, but i just want a job thats not To stressful and were i can have at least a good amount of time off of work. I think i have the potential of being in the real estate business because i am hard driven and i can work hard when i need to i just wanted to see how much time i will have to myself and all that. Thank You!! :)
So what is the point of asking the question, when the question wasn't even answered, if Real Estate Agents' don't know the amount of hours they work, then they are in bigger trouble then most people when it comes to evaluating what they are actually earning. It seems as bad as asking a politician what they are going to do about global warming, because Real Estate Agents', do not list approx hours, it seems to me that they are vague and vague people are liars.
Q:How many classes must someone take to get a real estate license to practice selling real estate in california. I am taking the principles of real estate course at the local junior college and was wondering how many more classes i would need to be taking. Thank you!
A practical study of the basic principles, economic aspects, and laws of real estate, including the information needed to obtain a real estate license and/or for better management of personal investments. Topics include legal descriptions and estates; encumbrances, liens, and homesteads; agencies; contracts; mathematics; financing and lenders; appraisal; escrow; title insurance; leases, landlords, and tenants; urban economics and planning; taxation; and careers in real estate. Are you looking to get a real estate license in Kansas? For information on the next scheduled Home Study PLUS class, click here. The basic requirements to be eligible to obtain a real estate license in Kansas are: You are at least 18 years of age. You have a high school diploma or equivalent. You have NOT been convicted of certain felonies within a specific time-frame. The steps required to apply for licensure by the Kansas Real Estate Commission (KREC) are: Successfully complete a 30-hour Principles of Real Estate course from an accredited school and receive a completion certificate from that school. This certificate allows you to take the State Exam. (This certificate is valid for 12 months, meaning you have 12 months to pass the State Exam.) Pass each of two sections of the State Exam. You will receive a completion report for each part of the exam. (These two reports are each valid for 6 months from the date you pass that section.) Submit to a KBI/FBI criminal background check. (Your background check is valid for 6 months.) Complete a 30-hour Practice Course from an accredited school and have a completion certificate. (The Practice Course certificate is valid for 6 months.) Affiliate with a real estate broker.................Property Manager
Q:How many years of schooling is needed to become a real estate broker? How much $ would you earn? What about a commercial real estate broker...how many years of schooling and salary? What exactly do you do in this job?Thanks!!!!
Brokers are basically the bosses of the agents. You have to be an agent first and then you take additional testing/courses to become a broker. Typically its required to be an agent for 2+ years first. Salary, of course, is based on sales. You can run an agency or you can just be like a regular agent, except you're your own boss.
Q:I would like to know what kinds of investments in real estate are worth it. Condos, Coops, houses, I live in the Bronx, NY, and I would like to invest in my child's future by putting the money into real estate since it's so unlikely to lose it there. Please let me know your thoughts.Thanks a lot
Like being a landlord? If not, invest in a real estate investment trust (REIT).

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