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Q: There is almost no need for education to be a real estate agent. For how long can this job survive before becoming obsolete?
most states require a license, the course is tough, and the exam for the license is tougher. that's just to start and then you have to recert every so many yrs. which means continuing education. i have been in the field since 1997 and its a tough industry. turnover amongest new agents is probably 85-90% the first year. lots of folks do it part time as it takes a special person to be able to make a living at it. no education lol, you need to be an accountant, a psycologist, a marriage counselor, an attorney, a mortgage broker, a chauffer, a decorator, and most of all great with people. Most agents make less than 15,000 their first year and thats why they don't survive. check it out and maybe you will have a change of attitude the first time you read a sales contract, seller's disclosure, listing agreement, etc. this is a tough profession.
Q: I hear net-net and triple-net a lot in real estate discussions. What do they mean?Thanks!
It means someone is feeding you a line of bullcrap. Don't listen to any expert in Real Estate. There aren't any. Real estate is common sense. If you don't understand it stay away from it. Someone is pulling your chain. I could show you how to make (not a seller and not interested in your money) how to make INCALCUABLE returns (this doesn't mean big money, it's a silly numbers game all the big shots play). Doesn't mean anything. Real Estate is just like the stock market. If you don't understand that PARTICULIAR area then don't invest. Again, DON'T INVEST because someone is jerking you around. I don't know what discussions you claim (I have never heard of it nor would I believe it). Anyway, you asked. I answered. Plz no best answer. Just another email I will delete without reading.
Q: i thought i'd ask in a different context...are real estate prices in boulder, co going down? if so, how much and for how long (in your opinion)? i looked at valuations at zillow and they seem to be all over the place...i'd love to hear from folks who are familiar with real estate prices in boulder proper. thanks!
From what ive heard, prices are still going up but i bet they will start going down within the next couple of years. I really dont understand the desire of boulder but a lot of people do and that is what jacked up the real estate. but everything that goes up must come down, right?
Q: hi frnds.im 25 yrs. Engg. Graduate.i want to know everything about investning in real estate from top to bottom,so plz tell me from where can I get that all this knowledge?and I want a mentor for this…any places??
Don't know about a mentor. I wanted one at one point to, but the mentor became reading lots of books on the subject. Now that I;ve been in real estate awhile I have no interest in mentoring someone else (lol, maybe I'll go write a book on it someday). I'd suggest just reading lots on it and calling that your education. Also, go get a real estate agents license. You only need to take a course and pass a test and you learn alot in the process. Also, being an agent you can save on commissions when you buy/ sell places for yourself, and you don't have to ever sell a place to anyone else (make sure you sign up with a broker when you split the commissions, and tell them what you are doing beforehand). So, the bookstore is the best place to go to learn (they'll have a whole section on real estate investing) and the books are your mentor (unless you happen upon another). Best luck.
Q: I will be headed to Jamaica in January for a week (Ochos Rios) and was wondering what kind of business opportunities or real estate opportunities exist in that area that I might be interested in checking out.If there are any, with whom should I get in contact to get more information? What kind of hoops am I going to have to jump through in Jamaica to start/buy a business or buy real estate?Thanks.
Insight okorder - I found this site is very useful when I wanted to start a real estate business.. I wasn't cut out for it sadly too competitive.. but they help you advertise and give you information on loans and loan agencies. etc Well when you come to the island look up a good lawyer. Thats the best advice I can give
Q: Any real estate agents out there? I'm hoping to get my Cert IV in property services (real estate) next year, but I know nothing about the industry... I would like to know-Do I need to be a pushy person to make sales-Will i get paid even if i dont get sales-Do i have to lie to clients about properties-Do I need to be extremely outgoingAny help GREATLY appreciated :)
no sometimes no yes you will have to doing alot of traveling back and forth to properties
Q: Chris Bowser has a program about real estate where he teaches on how to buy and sell real estate on ebay without seeing the property physically.
There are lot of good courses and books about real estate investing. You will have to check out Cris Bower. As far as investing with no money down there is a number of great ways to start out. Here is two I like. If you have a good understanding about real estate (or can learn ) you can get a joint venture partner with the down payment for your investment property. You supply the legwork and team and your JV Investor supplies the $$. This works for Investors who would like to own property but have no time or just do not what to bother with the day to day running of the property. The other one I like is vendor financing. This is where the seller uses their equity to give you a mortgage. Some sellers may not have any investment to invest in once they get their money form the house. The investor can offer them a better rate of interest then they can get anywhere else. Some sellers may not be able to sell their home in todays market. Again this is a good why for them to move on. There are other great whys to go into investing with no money down. You just have to do your research . Always try and make it a win win for all. Don't take advantage of people.
Q: Please explain in detail. What all ways are there to get loan for real estate ?What do we have to give ? and what is collateral ? Thank you for taking the time for explaining it all :)
You have a truly sticky wicket right here. I am no longer definite how well of a buddy you're to Bob or how so much he trusts you, however you need to persuade him NOT to place any of his cash into this deal. The possibilities that Bobs brother will lose his residence isn't Bobs predicament. Even if Bob places cash into the deal his brother will in most cases nonetheless lose the residence besides. If that's all the cash that Bob has on the planet, he MUST maintain onto it for himself. If Bob has no longer signed some thing, urge himi to not signal some thing with out the recommendation of an lawyer. What he could ought to do is inform the mortgage officer than any records could ought to be reviewed via my lawyer for approval earlier than signing. Best recommendation is inform Bobs brother that he CANNOT be a co signer Co signers have authorized tasks to pay if the borrower defaults. They might cross after the ten,000.00 if brother defaults. I desire your buddy listens to you. I am no longer definite wherein your buddy is within the system since you're a little uncertain approximately wether the mortgage is already in situation, or if the mortgage officer continues to be operating at the transaction.
Q: Where would you go to college if you were going to be a Real Estate Agent?!
Hogan okorder /...
Q: I am currently enrolled in college and I am receiving grants to pay for my courses. I am thinking about getting a real estate license and get a job doing that while I complete my education. The question I have is can I receive more grants to pay for the real estate courses?
Each state makes their possess legislation for licensing any authentic, adding truly property sellers. Most require a scan, and few if any waive the scan for out of state licenseholders. I'm no longer certain if any require a direction in any respect, even for first timers. I can inform you that the guides are designed to inform you the matters you ought to recognize to cross which can be concerns of legislation, no longer always ordinary experience, so that it will have a tendency to fluctuate from state to state. For instance: Does the state require you to pay a purchaser curiosity at the deposit/earnest cash? Is it permissible to symbolize each the Buyer and the Seller? If so, what need to you do to end up knowledgeable consent of each? What is the minimal period of time you need to positioned into the agreement for the purchaser to acquire a certified house inspector? Must you place any in any respect? Are hubbard clauses authorized? Is the agreement legally binding with out earnest cash? Take the direction.

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