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Question:

I am looking @ getting me real estate license in CT?

Real estate has always been a dream of mines. I know its challenging but challenges build character. It seems fun and it has always been an interest. now this is a multiple questionwhat do you guys see in real estate in CTdo i need my license to flip housesdo i need my license to start a company like CT homes LLCalso when i go for my license who should i go with century 21 school, or through a college?

Answer:

Can't help you with schools on the east coast but can give you a bit of advice. Getting licensed is only your beginning. Be sure to go to work for a big company like Coldwell-Banker. Their hands on training is priceless. Get into a company that has a lot of agents who tour each week by bus. You learn more from the other agents, hearing them talk real estate than you will in your licensing course. Be sure you have a way to support yourself for a couple of years while you build your business. I'm retired now but loved helping people find their dream home and every home, no matter how modest, is someone's dream home. It might not be your idea of a dream but it is a step up for someone. From what I'm hearing this is not a great time to be in real estate so you might want to wait unless you are independently wealthy. I just heard that 90% of new listings in the NE are people selling because they are in default on their loans and that there is no money for financing so very hard to get a loan unless the buyer has the very highest credit rating and collateral. Tough times ahead for the industry like we had in the 80's with 18% interest on mortgage loans but we lived through it. Ate a lot of hamburger but made it intact. Good Luck and God Bless

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