i was wondering what is it like for a real-estate agent. i been thinking about becoming one.flexible hours? stress-full? good income? easy or hard? what to expect.. how to be one?whats the difference between a agent and a broker too?answers from a actually real-estate agent will be nice, but all answers are welcomed =]
Real estate is still a great way to earn an above average income, but it's not easy. If you're willing to do the work you can make good money in any kind of market. A lot depends on which company you work for. At Keller Williams the agent gets 70% of the commissiom on every sale up to $60,000. gross commissiom income. After that it's 100%, and the training is the best you can get. This is really a great time to get started. If you make a plan and do the work you will make money. Then, when the market turns around, you'll be established, experienced, and ready to take advantage of the shift! Licensing costs and requirements are different from state to state. Colorado requires 168 hours of classroom time and (of course) a passing grade on the State Exam. The class cost me $900., and the license and office fees were $850. In some states the education costs less, but the license costs more (Maryland, for example) In Colorado all licensees are brokers, but you need 2 years' experience and additional education to be a managing broker, or to open your own office. You should consider talking to a few real estate companies in your area, it won't cost you anything to sit down and talk to someone and they're glad to do it.
I would say 10% of Real estate owners are Honest and we shuld praise them to do this business. I would certainly say 90 % of real estate owners are not trust worthy, bad, and they are real sick agents. They keep in their mind not as a business but I would rather tell them they are more than the terroist. They take the hard earned money and finally I have seen them some how or rather suffer at the last the same way they also get cheated and their whole family members also suffer. Finally they say thay their skin is worst than Buffalow skin. What else answer you need. Keep doing your own job and enjoy your life.
Do it, once you are qualified, you can work for someone or have your own business. Your licence will never expire and you can't get a licence unless you work in real estate. Usually you start in the rental part, but everyone has to start somewhere. A trainee agent is paid a small retainer, so you must find someone willing to take you on. It is helpful if you are pleasant natured and good with people. One house sale earns lots of commission, 2% normally, and you get a share of this. If you sell shoes, you don't get very much. An office near me turns over $1m per month. Your share of this could be very nice. Generally agents work weekends but get some time off during the week. Just concentrate on getting your Agent's licence first. You can advance later to broker or auctioneer, etc
Call the local real estate sales office, talk to the branch manager and ask who the top selling agent is for the previous year. This doesn't guarantee that this will be the right agent for you, but it might set you on the right path toward finding an experienced individual to represent you and your interests. Another approach is to ask friends and/or family members, particularly if they've recently sold or purchased a home, if they have anyone that they would recommend. The logic behind using this approach is that someone else (whom you trust) has already had the opportunity to see the person in action. With either approach the goal is to isolate someone that has shown a certain level of competency. These efforts will help you to avoid incompetent agents and salespeople......Real Estate Agent Bendigo
Real Estate agents are facing desperate times these days. The housing boom of the last decade created many real estate jobs, so many in fact that there are not enough buyers to go around. That means that the stress level is fairly high these days, with many in real estate losing their own homes to foreclosure. If you decide to enter this field now, prepare for a rough road. I would recommend specializing in REO (Real Estate Owned) or Short Sale properties. At least you could market that better. As far as your question of agent vs. broker read below. Basically the definition changes from State to State, but their is a difference. A broker is a a real estate professional who has acquired a higher level of training and experience than a sales agent. A minimum number of classes must be taken along with passing a state exam to acquire a brokers license. Generally they are a legal representative or a proprietor of the office. Brokers usually charge a fee or receive a commission for their services.
