Hey guys, I'm an 18 year old girl and I want to be a real estate agent. I want to choose that as my career, I'm on summer holidays so I'm doing some research. I'm going back to school soon. I live in Montreal, Quebec..I need to know everything about being a real estate agent like:- Annual Salary- How long will I have to study- What do I need to qualify- What do I have to take in schoolI know I'm missing a lot of points, please let me know everything that I need to know! I want to go to school prepared this year.. Thanks a lot in advance :)
Walk in to a real estate office near where you live and ask these questions. Someone will be happy to sit down with you for a while to fill you in. The average yearly income in the area I'm in (San Antonio, TX) for licensed Realtors is about $3,000. I get that by taking all the income made by all the Realtors and dividing by how many there are. Some made less, some made more. There are about 8,500 Realtors in this county. About 350 are making a living at it. Turn-over each year is about 2,500. (that many do not renew their licenses, and that many new agents get licensed) This is a straight commission, self-employment. You are your own boss - and some people need a boss looking over their shoulders to actually DO something.
A real estate agent does not get a salary. You sell properties to earn a commission. You must enroll in a real estate course and then take a 3-4 hour exam and pass with at least .70-80%. You will need to have at least 6 months savings put aside for your expenses, such as, your rent, food, utilities, your car gas and maintenance, your monthly fees you pay the broker you work for, and all the advertising costs you will have, to advertise your listings. You must also be bonded so there will be those fees also The real estate course will cost about $ 3000-4000.
