Home > categories > Construction & Real Estate > Other Construction & Real Estate > i need information on how to do business in real estate?
Question:

i need information on how to do business in real estate?

real estate business status in india and should i go for expensive building business or small scale housing

Answer:

I would take a look at the return on investment. Your time and money you are willing to put into this investment. Try to find people in the business already and see what advice they have for you. Your question right now is very broad and very difficult to answer. Are you purchasing an existing building/house or an existing business? Previous owner are a good place to start. Ask a lot of questions, if the business is good why are they selling.. what are the upside potential? List the Pros and Cons.
There are courses in real estate, you may have to take ,and the best way is to find a job in a real estate office. Here in Connecticut, you must be Licensed and to get your agent's Lic. you have to be sponsored by a broker, before you can take the test to get your permanent Lic. Your State may be different? Lets face it, to take the test you have got to know what real estate is all about, and working at it is the best way to learn. I think you will have to also hit the books, but even that would be easier, with some practical experience under your belt. Real estate is all about SELLING! If you think you can sell, if you like people, and you can stand being under paid for a while, because any income you make will be based on commissions for anything you actually sell. If you can get through all that, there is a good living to be made for someone who is a hustler and is dedicated to their job. I hope this helps you? The Very Best of Luck to You!

Share to: