Real Estate Knowledge Base
Real Estate? Im a 22 yr old African American female from Tennessee planning to take real estate classes in the fall. I plan to go into the field and succede either way but just wanted to know some success tips from established agents, brokers, lenders, or anyone having to do with the real estate world. Also, willing to travel.
real estate? I just recently passed the real estate test and I have no idea what to do! Please anyone can you give me some advise on what to do next - I need a good company thats willing to train me?
Real estate? Currently I am a mortgage loan underwriter for a huge financial institution. I want to maybe become a real estate agent. My aunt is making killer money. Now is there any way not to take the class and take the test since I already know a lot of real estate? Or what exactly is the whole process to make this career change?
Real ESTATE? Hey im a 15 year old female in high school. I dont know what i want to be or what kind of career but im kinda thinking about doing real estate. I dont know too much about it. But i just wanted to know any important info on it. How much do you get? What kind of education should i have. My main worry is if its a risky career. Is it too risky to get into ? Any info will be great Thanks so much!
How can I find a good real estate investment coach? I am a new real estate investor. I am looking for a good real estate investment coach in San Francisco Bay Area. I have a real estate saleperson license and have basic real estate investment knowledge. I am looking for a good real estate investor coach who have years of success investment experience in residential and commericial. I have private funds for good deals and would like to be partnership or learn from savy investors.
What can a real estate agent and broker require you to sign in a real estate deal? I am in escrow on some property in which the seller and his real estate agent were not very forthcoming in their disclosure statements. Through a third party I found out some things about the property that are detriments (such as occassional flooding) but I am willing to overlook them and still purchase the property. I have released all my contingencies and we have a close date set. My real estate agent happened to tell the seller's real estate agent that we found out some of these things on the property - most importantly about the flooding - and now the selling real estate agent wants me to sign a bunch of documents listing out what I found out as if she had told me about them. I don't want to do it - it took considerable effort for me to uncover these issues and I have already signed off on contingencies. I don't think I need to also let her off the hook as if she had disclosed these things to me - she did not. Can the realtor force me to sign these? I am asking if a real estate agent can legally force me to sign informal and misleading documents in order to progress with the purchase? The seller and I have already signed all legal documents as outlined in our legal contract.
Which real estate companies are best for new agents? I'm planning on getting my real estate agents license in the next few weeks. I've heard that Century 21 and some other companies have their own courses. Is it better to attend their course or just a regular local real estate school. Also what companies are good for new agents. Any advice you can give is appreciated! Thanks! Oh and I'll be getting my license in Tenessee.
Do Australian Real Estate Agents have the ability to cross reference a potential tenants previous addresses? For example, if a person listed three previous addresses with one Real Estate Agency, and the Real Estate Agency calls the previous listed Real Estate Agencies, (to check if they were a good tenant etc) can they also cross reference the listed addresses on the application? Is there like a national database or something where Real Estate Agents can see your rental living history? (Sorry if this question doesn't make much sense).
Can a real estate broker and a lawyer start a real estate company together? My fiance is considering becoming licensed to sell real estate. I am a first year law student. I have learned a little about real estate transactions and how they work. I understand the roles of both the broker and the attorney, but I'm wondering if my husband-to-be and I will be able to use our skills together to start our own business. Will I have to have a separate practice, or can the real estate lawyer be a part of the broker's company?
How can I become a real estate agent in NC? 1. What do I need to do to become a real estate agent in Charlotte, NC? 2. What classes do I need to take? 3. Where can I study to become a real estate agent in Charlotte, NC? 4. What are the requirements? 5. Any other information I need to know about becoming a real estate agent?
How do I get started in real estate in the entry-level status? I am wanting to know how to jump head first into the real estate market and get my feet wet while still making money. I do not have any experience what so ever, just a real urge to get into this market! I want to take classes but, I really don't know what I need to take 1st and I want to start on my associates degree as a at-home work study but, I'm not sure what employers are looking for as far as education in the real estate world other than Business Admin. I hope there are some real estate guru's on here to help a sista out! Thank you in advance!
How does real estate investment trusts work? What are real estate investment trusts or REITs and how do they work. Is there some law that give these trust some tax efficiency status and how can investors invest in these REITs. With the real estate market in the US the way as it is, is it a good time to invest in the property market through real estate investment trusts. What kind of people manage these funds or trusts and what are their typical return on investments?
How reputable are the real estate courses offered by real estate companies? I am interested in going into real estate when I finish college and have been looking around at schools. Century 21 offers their own course (3 weeks) and another real estate company offers one for 6 weeks while the community college offers one for 8 months that trains you how to appraise and broker as well as just getting your license to sell. Which program is best and what is the difference between being a real estate agent (seller) and a broker? The costs range from $600-$2500
What is the difference between a real estate broker and real estate agent? I was wondering what the difference was between a real estate broker and a real estate agent? How long would you have to go to school to be either one? I pretty much got my answer to this question. Can a real estate broker act as both a broker as well as the agent? I plan on starting my own realty but want to do both jobs.
How should I start off my path to real estate? I am 16, and planning on going in real estate because it seems like hard work in that business pays off compared to other places and because I am very persuasive. When I start my junior year at my high school.. I have about 2 free clases what do you think I should take that will help me with real estate? I am going to go to "cal state san bernardino" after I graduate high school. So what clases do you guys suggest I should take there and what should I major in.. that will ultimately help me with my real estate journey. Also someone suggested to me I should get insurance..220 license ,real estate, mortgage license? can someone explain to me what all that does?
What real estate software requirements do you have? If you are a real estate professional, read on. What features are you missing in your current real estate software for publishing properties in your portfolio, or what software features would allow you to boost your business or productivity? What software do you currently use to publish your properties on the internet, and how do you make sure that the correct audience gets informed about your new property?
What Real Estate qualification do I need to buy properties for myself as an investor? I want to start a business buying, renovating and selling properties. I would probably sell through a proper agent, but I'm interested in finding properties myself before they get to market. What qualification do I need to be able to access information only Real Estate Agents have access to? I'm not planning on actually working as an Agent. In the US it's called MLS, anyone know what it's called in Australia?
Does becoming a licensed real estate agent/broker before buying your home save you money? I am planning to buy a home around $700K in New York City. I'm wondering if I will save any money by becoming a licensed real estate agent/broker (I realize I have to take the test and pass) and then purchasing the home for myself. I would think that by doing this, I would save the broker commission that I would otherwise be paying another real estate agent/broker. Is this a valid assumption? Please provide any information about this. Thanks a lot.
How would a real estate job work with being a mom? I've been considering becoming a residential real estate agent once my daughter turns one. I love real estate so I think I may enjoy this work. I thought the hours would mostly be evenings and weekends, that way hubby could take care of our daughter while I'm at work and I can take care of her during the day. I realize I might have to have some childcare occasionally during the days if a client needs my help at that time. Does anyone have any experience working in real estate? Do my expectations sound realistic?
The real estate market is starting to take a dive. What would be a good profession for myself to go into? I have been in the real estate market for about 7 years. I started as a Loan Coordinator, then credit officer/assoc. underwriter, call center manager, Product manager. The market is slowly disappearing, I'm unemployed now. I think I should try another field, maybe Financial planning. I don't know if this market is already saturated, with other fellow real estate professionals. The market is only going to get worse, what should I do?
Is real estate appraisal work still a good career? I want to get my license to do commercial and residential real estate apprasials, but I am worried about the current real estate market. Is this still a good career to pursue, or is the market really ending for this type of business? How much money do appraisal workers make annually? Thanks for any info!
Which national real estate broker do you think is the best real estate company to work for? I'm curious to hear from real estate agents and brokers on reasons why you like your real estate brokerage company. Why do you think your broker is the best real estate company to work for? Are there any things you would change about your broker if you could? Are you happy with the fees you are charged and your commission splits? I'm wondering what broker offers the highest commission splits for agents with the lowest fees with the most amount of training, support, and resources.
How do I get in the commercial real estate industry? I am 22 years old and looking to get in the commercial real estate industry, preferably the leasing aspect. What would be fundamentally required for a person as young as me to be even considered for a job in a large commercial real estate firm? Considering I have a real estate agents license, what else would be needed or would interest a company in hiring someone so young? In other words, how can I get my foot in such an industry, thus giving me a chance to work my way up?
What should I do to become a real estate developer or investor? Im a senior in high school and plan on going to a community college for 2 yrs.and then 2yrs. at a university and major in bussiness administraion. I think while Im doing that I should intern for a big real estate place like Remax or something because I would like to learn the different areas of real estate like being an agent or flipping houses.I don't know if I should go to Real Estate school after college or what.Any suggestions on what I should do?
How do I become a real estate developer? I want to break into the real estate developing field. I have a 4 yr college degree in political science. Please tell me any sites or real estate developing firms in tampa, florida where I can apply? I also bought some land and want to build on it someday. How and where do I get started?
How do real estate people seem to be so safe in showing homes to strangers? You see so many pretty real estate women, but it's rare to hear of crimes against them even though they walk strangers through homes alone. I'm going to guess that they get identification of people via their license, but is that enough or do they use other methods too? I kind of doubt that all of them are carrying guns. I hear you Lord, but how many fake IDs are out there too? Wow, Janet.. Michigan?
How do part time real estate agent make money when their not selling homes? I'm freshly into real estate. I'm curious as to how other people make a living when the market is down and you have no homes listed with you being sold. Even full time agents also. What type of ways do you find income rather than selling a home. I would like any EXPERIENCED real estate person to answer. I know everyone says don't get into real estate becuase its 100% commission, but I love it. But I need some good advice. Please help. Thank you.
How/where to deduct real estate training fees on taxes? I plan on getting a real estate license for the education and qualification when managing my private real estate investment career. Where/how do I deduct these costs on my taxes? Eventually I'll set up a real estate company where I could deduct them, but that won't be set up for a while. Thanks.
Are there any approved real estate schools on the internet? In my state, to get a real estate salesperson license you must complete 90 classroom hours of approved real estate courses. Can those hours be done in an online school? In other words, are there any approved real estate schools on the internet?
Can I become a real estate agent and sell my parents property? I would like to become a real estate agent and sell property to my parents. They are on their way out towards retirement and are thinking of getting back into real estate rehabbing business. They would be doing business and buying property under their current business liscense, in which I am also a part owner. As a real estate agent, would it be a conflict of interest for me to sell houses that I would somewhat also take part in purchasing? Thanks!
How do I find a real estate broker after getting my real estate salesperson license? I am going to graduate high school at the end of this school year and have decided to become a real estate salesperson in Texas but I don't understand how to find a broker after obtaining my license. So after I finally get it what would I do? I am also going to school to get my teaching degree so until I find the broker I will either still be in school or have a job as an elementary school teacher; so if you are able to explain it to me please. Thank you! Bye!
How do real estate agencies keep track of their property signs? I'm seventeen years old and have just been hired by a real estate agency to create a simple system to keep track of their property signs. If you have any experience in real estate your help would be greatly appreciated. I'm thinking about numbering all the signs with a sticker or something.
How many real estate brokers should I talk to? I will be buying a house in the next six months. I have a couple of real estate brokers who have been recommended by family friends and colleagues. How many real estate brokers should I be talking to?
I have a IRS lien filed against my Real Estate. How long do I have before the property is placed for auction? A lien was recently [July, 2007] placed by the IRS against a piece of Real Estate in New York that is owned by an Estate that I am the Executor of. How long do I have from the time the lien was placed by the IRS to the time that the IRS forces the property for sale or auction? If the property is forced for sale or auction by the IRS is there some type of redemption period that I have? The Estate does not want me to sell the Real Estate. The estate will be able to pay the IRS what it owes within three months. Do I have that much time before the property is placed to auction or sale?
How to tell your real estate agent you found a house to purchase that is for sale by owner? We have been working with a real estate agent for almost a year. She has shown us a LOT of houses. We just happened to find a house we love and plan on buying that is for sale by owner. How do we tell our real estate agent? She has been great and spent a ton of time with us. I just feel terrible that she won't get commission after working so hard. How do we handle this?
How should we classify our real estate holdings in our asset allocation? We currently have about half our assets in real estate that we own and manage, and half our assets in equities and bonds. However, since we have so much real estate, our bond holdings outside of the real estate is only 3%. I'm wondering if my husband is correct in categorizing our real estate with bonds in our asset allocation. Still waiting for confirmation of the answer, or a different answer.
What is required to become a real estate agent? I'm thinking of majoring in real estate and had a few questions for this job. What are majors required to become a real estate agent? Are there any colleges that specialize in that major? How about the required degrees? How many years of education will it take? I also live in California to be specific.
What are the requirements for Illinois Real Estate Exam? I'm planning on going into real estate. Can anyone help me by directing me to a good website or providing info that I need to take the real estate exam. Should I enroll for a class or should I read up some books. If books, then what books do you recommend?
Real Estate Professionals: In what situations do you most often employ the services of an attorney? Hello, I am a real estate attorney. I am consistently looking to develop professional relationships with other real estate professionals, such as realtors, brokers, title agents, investment property owners, etc. In what situations do you most often find the need to employ the services of a real estate attorney? How could a real estate most effectively develop a professional relationship with you? What services would you like a real estate attorney to offer? When you do need a real estate attorneys services, how do you chose which attorney to go to? Any insight or advice you could offer would be greatly appreciated. Thank you. I am in Ohio.
If I claim to be a real estate professional for tax purposes, is my income subject to FICA? I qualify as a real estate professional for tax purposes. I own and manage over 25 rental properties. I have not claimed that status in the past. I have recently married and my husband has retirement and investment income in excess of the maximum income amount allowed under the passive activity rules. If I make a profit from my investments, am I subject to FICA taxes on that income? Is there a downside to claiming real estate professional status?
How do most people get rich in real estate? Who are some well known people who have became wealthy as real estate agents or real estate owners and how did they do it. Also does anyone know any good real estate books or videos that teach you what you need to know to become wealthy in real estate. 10 points if I find your answer the most helpful.
How can we go about changing real estate agents if possible? My real estate agent works with the construction company that built our home. We are doing a rent to own deal. We have learned that our real estate agent is very undependable. She hardly answers her phone and if we leave a message she doesn't respond back. Is there a way we could change realtors?
What does anyone think about becoming a new real estate agent? Someone with experience to speak from only please... I have been approached by a very large real estate company with the opportunity to become a real estate agent. Considering the investment required and the current economic and market conditions, what does anyone think about beginning a career in real estate right now?
How to become a Real Estate Agent and succeed at it? I want to become a real estate agent. I know it is a bad economy but people still need house. What are some good states in need of people needing houses and what does it take to be a real estate agent. Thanks.
How can I go about real estate investment? I have some money which I wish to invest in real estate business but I do not know what steps to take exactly. Do I just look for a property and buy and then sell to a high bidder or what?
How do you get a local real estate investment club to learn about your house for sale? I have a house for sale at an excellent price, no realtors involved, and want real estate investors to take note. How can I persuade the person in charge of our local real estate club to distribute my e-mail regarding my property? They get solicited all the time, I'm sure. I already e-mailed my property offer and photos to the generic property investment club e-mail address, is this enough? Will they distribute it to all of their members?
Is it beneficial to have a real estate agent when buying a foreclosed upon home? We are just beginning the home buying process. We have no home to sell (first time buyers) and were thinking of getting a real estate agent. However, I know we would have to sign one of those exclusivity contracts and, if we buy a foreclosed upon home, their comission would have to come from somewhere (us?). If we are even considering buying a foreclosure, should we sign up with a real estate agent?
Real Estate Broker made a false report to the commission about me? My busines partner and Broker made a false report to the Real Estate Commission about me as an excuse to take over my business and drop my license. I have proof that everything he said was false and the commission agrees. Can I sue him for making a false report or should I just make a complaint to the board.
How do I pick a successful real estate company to work for? I recently passed my real estate sales person exam, and now I am on the hunt to find a company to work for. Like any body in the real estate game I want to be successful and I want to learn a lot. How do I find that perfect company to work for, or can someone recomend a company. I live in Chicago.
What is the process to obtain a real estate license in Florida? I'm looking into getting my real estate license and wanted to see what the process is. Should I find a class and then take the exam? Do I have to take the class or can I get away with the study manuals? I've been buying/selling houses for a couple of years now and wasn't sure if there was too much info, besides real estate laws that I would need to learn. After that do you just have to find a brokerage to work under to list properties? Thanks, Happy New Year.
As a seller of real estate can I back out of the contract during the option period? I am selling some real estate and now need to stop the sale. As the seller can I stop the sale? We are in the option period right now. Thank you for the answers - not what I wanted to hear... when I say option period, the buyer is still deciding if they want to back out or not. I extended the option period for them to think it over some more but now I want to cancel.
What background do you need to work in commercial real estate? I want to work in commercial real estate. I am working in Hotel Management at the moment, but think commercial real estate is interesting. Im young enough where a career change is not out of the question. What types of things do employers look for? Is there a high demand for people in commercial real estate?
How do I start real estate brokerage business? I just received the real estate broker license in California, and plan to do brokerage business. I'm not planning to setup a company or hire any agent. I'm thinking about joining Orange County Association of Realtors. Do I really need E&O insurance? What steps am I missing? Any advice will be appreciated.
What is pricing structure for commercial real estate brokers? Is there a range of commissions or fees most commercial real estate brokers use? For example residential real estate varies but is between 5-7% depending upon the area of the country. Could someone provide a rough outline of commercial real estate broker pricing?
How long does it take to get a commercial real estate license? Can you simply go to one of those week-long real estate schools like residential real estate licensing? And what are the qualities that help a person succeed in commercial real estate sales? Is this a young person's game? Can you start and succeed at middle age? Would like to bank 70k-100k? Is this reasonable?
How to invest in real estate with no money down? I am looking to get a little more infomation on investing in real estate. I have talked to people who buy houses with no money down and end up getting cash at closing? Is it legall ? Are there websites to get solid concrete advise? I want to verify everything these people are saying. I would like to buy a property for rental purposes. Any suggestions or ideas?
In a few years do you think beachfront real estate will pick up? I want to try to be a real estate agent and sell beachfront properties (we are planning to move to N. Carolina coast). I still have two more years of college to get my bachelor's degree, then some time to go through real estate school. Do you think it will bounce back?
How do you become a real estate agent in Florida? I would like to become a real estate agent, but it doesn't seem like anyone is giving me the straight answer. I live in Florida and have a Bachelor of Science degree in Marketing. What do I need to do?
How do deduct real estate taxes on 1040a? I purchased a home in October, 2007. My monthly mortgage payment includes my county, state, and school taxes (they are placed in Escrow). Apparently my tax payments will be paid out of escrow in April, May and August of 2008. Does that mean that I can not claim real estate for my 2007 return? (At closing, I did have to reimburse the seller for real estate taxes he had already paid up to Dec. 31.)
Will I need a real estate license to enter into a contract with any apt complex to locate renters for them? Thank you all for responding so promptly to my question on obtaining a real estate license. Now I see and understand that I don't need one to locate the apartment, but the obtaining the education would be beneficial to me. If I want to enter into a contract with an apartment complex do I need a license for that? I wouldn't show the apartment to the renter, but I'd let them know where it was and all of the other fun stuff that comes along with the search. Thank you all!
How can I place my real estate license on hold or park it? I would like to avoid board fees in Ontario Canada. I am in a home business which is excelling and yet would still like to keep my real estate license for future use. I need a non board member to hold my real estate license who may or may not charge a fee for this real estate license park or parking my real estate licence service.
What are the best real estate books to begin with for self-education? I'm looking to change careers into real estate, and have a personal interest in beginning a portfolio of investment properties. What are the best books out there dealing with real estate finance, buying foreclosures, renting properties, flipping, and understanding the general market? Also, what newspapers/magazines do you recommend?
How can a real estate company contribute to the development of a country? How can a real estate company contribute to the development of a country? how can a real estate company contribute to the development of a country State your career goals, and the contribution you think you will be able to make towards the develoment of your country..keep in mind that the career goal is to own a real estate company...
How to get a California real estate license? I am thinking of getting a CA real estate license. I have never worked in real estate. I live in the Silicon Valley (bay area) of California. I am looking for a cheap and fast way of getting a license. I prefer taking real classes (instead of online classes). Please tell me who in San Jose area is giving these classes for cheap and when. I have time in June and July to take classes. I want to have my independent license, so that I can decide who I work for after I get the license.
How to become a Real Estate Broker In Michigan? How do you go about becoming a real estate broker in Michigan? Not a real estate sales person. I know that there is licensing that is required. But do you have to work a certain amount of time as a real estate sales person to become a broker? Also, what if you wanted to start your own realty company do you have to hire a licensed broker or can you start you own business as your own broker?
What route would one take to become a real estate agent or broker and possibly more in the future? I would like to futher my education in college with a base in business b/c I hope and plan to own a business one day. I have always been interested in Real Estate and I love architecture, design, traveling etc and enjoy working with people. What route should I take if I want to go to college but at the same time I know I dont need college to become a real estate agent. AND are their other professions dealing with real estate that in fact need a higher education to qualify for those jobs?
How does someone become a real estate agent? I have been in sales for 5 years and am curious how to switch to becoming a real estate agent? How long does it take before you start to earn money? All commission based? Weekends involved? What is the best agency to work for? Southeastern Michigan. What's the earning potential?
How do you become a real estate developer? Hi, I'm interested in becomming a real estate developer. I have the funding so loans are not a problem. I am not willing to get a degree in it because I honestly feel I will not need it. Plus, I am almost done with a degree in Psychology. I have looked online for books but cannot find one that is really helpful to me. I can take a few classes in it including General Contracting, but that is it. Finding a mentor has proven difficult because not many people are willing to share what they know. So does anyone know of any good books or classes that I should take (be specific) so that I can get started. Please answer my question with any references you may have. Thanks!! I want to build houses and sell them. I am not looking into 'flipping houses'. Plus, I will be hiring a General Contractor. Basically, it's like I want to build my own house then sell it. Why is that difficult?
What things should you never tell a real estate agent about? I am meeting with a real estate agent for help with buying a house. I'm aware that she is not a buyer's agent, so I can assume she is always going to be working for the seller's best interest (and her commission). What information should I hold back from her? Pre-approval amount? Highest bid on a particular house? Down payment amount? Also, what could she possibly tell me that I should think twice about?
What is going to happen to the real estate agents? I am just now getting my feet off the ground after being out of the job market for more years than I care to say because of three back surgeries that left me in chronic pain. After several years of physical therapy I am going to attempt to do real estate either sales or appraising? I am not sure what is going to happen to the job market in that area? I know it will get hurt, but how bad will it get hurt, is my question. Any input would be interesting.
How do I find Real Estate Investor to invest with me? Hi! I am a Real Estate investor in the Romanian market and we have currently running a $10.000.000 investment . We have 2 more projects but we don't have a company to partnership with . Romanian is named El Dorado of real estate investment. Where I find companies in USA or EU to send them a proposal ?
How does one start a business in real estate? I'd like to start investing in land and I' m thinking about going into the real estate business. And I was wondering if one would have to have some kind of real estate lisence or if one can just start buying up land and just jump right into the business?
How can I start off in the Real Estate Development business? I am 17 and still in high school. I've gained interest in real estate and know I want to own my own business. How can I start now as a junior in high school to work towards owning and operating a succesful real estate development business. I would like to be operating on a scale that Donal Trump does one day.
How do I get my real estate business off the ground? I am a real estate sales agent with a small real estate company in Southern, NJ. I signed up with my company about 3 weeks ago and I just realized that they really don't train me on anything, like they originally said. I want to get clients on my own because they don't train me or assist me with anything. THey basically gave me some business cards they printed and sent me on my way. How can I build my business? What are some creative techniques for getting leads?
How Do I Get into the Real Estate Market? I would like to invest in real estate. I am early 40's, have no debt, home is paid for, etc. I would like to look into buying real estate. I have spent alot of time looking at the local market and have a good understanding of it. But, at this point, I am not sure what to do next. Should I consider purchasing rental property? If so, should I look at small 2 BR homes, duplexes, or homes? Or should I just look for property that has been sitting on the market for a long time that may need some TLC, etc and then flip them? I have never done that and don't really have alot of time to spend remodeling so I would have to hire out. And, the area I live in is a rural , somewhat depressed area. What is your approach to Real Estate?
What business type should I start my real estate investment company as? I need some good advice on whether I should start my California-based real estate investment company as a sole proprietorship, a partnership of some sort, or some kind of a corporation. The general purpose of this company is to purchase and rent out residential and commercial real estate. Any help would be greatly appreciated.
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