Well i'm really thinking about going into real estate as a side job. I wanted to do it when i go to college to help pay for expences, I heard you can make a lot of money. Now I don't want to make this a career, but i'm pretty intrested. Now my questions are would this be a good idea? What would i have to do to be lisenced? I'm still in High School, but i thought this would be a good way to start making some money.
I think you need some money to get into it, it's an expensive start I'm sure.
I might opt for the license. It has not anything to do along with your completing university it might supply you a head begin for your selected career. You would turn out to be promoting a condominium. Buy all approach take the categories one has not anything to do along with your licence. The extra one learns in university the higher all set he's at some point.
Yes, it does cost money to get into the business, and I think licensing varies state by state. I don't think it'd be wise to try going into business for yourself right off the bat, since the costs of advertising your business, advertising properties and general business expenses will burn through money pretty fast. If i were you, I would try fitting the degree in alongside another useful degree you like, in case you find real estate isn't your cup of tea. It's ALWAYS a good idea to have something to fall back on, and real estate could actually be a good part-time job, since it varies with the economy. Good luck!
In college I once ate a whole pound of sharp cheddar cheese. The dare, of course, was to eat two pounds, and I failed miserably. I just couldn’t get past the first pound of cheddar, and to this day, I still have trouble enjoying a nice bowl of Mac ‘n Cheese. I’m sure you have similar stories of doing stupid stuff to impress a girl (or guy,) laugh with friends, or just because you were bored. College is all about those moments (with some learning time thrown in for good measure) and I don’t think you should stop. Live it up! However… College is also a prime time of your life to start thinking about your financial future. You are reading a financial blog, so I don’t need to go into all the motivational ins and outs of why it’s important to start building wealth at a young age. You already know that the earlier you start – the earlier you’ll finish. However, what you probably don’t know is how to use real estate as a tool to shape financial future. In fact, you may think that you are too young to even think about investing in real estate while in your college years. Investing in real estate during your college years is not only plausible – there are multiple ways to do it and many young people doing it. Below, I’ve outlined four different ways that you can start investing in real estate during your college years so you can start crafting your financial future today...........Property Management
Attending college and real estate, NO! You can stop by any real estate office in your state and inquire. New agents in the market today will find it extremely difficult. Those that tell you to get the license then they will use you, not going to happen until you get experience, know how to market, etc. In the North Atlanta area, one of the best during this decline, it currently is averaging for new agents 6 to 8 months to sell or represent a qualified buyer under contract. It does cost to work in real estate. You need a decent late model 4-door auto/suv, your state laws for agents have auto insurance requirements before taking clients. Other costs, school (offered many ways), state test, broker fees you elect to work at, if broker requires (most do), membership fees to join a professional real estate organization, purchase of business cards, purchase of signs, some brokers have fees if you need an office or space in office, costs to print or make copies (different for b/w and color), etc. I, personally, including school through my first 30 days with the broker spent $1,400. Sold first home my 6th month, now 3 years in business averaging 2 a month, but it took time. To be successful, making calls at night when people are home, working weekends, being available for clients. YOUR TIME will be valued as you begin college. At this stage in your life I do not recommend real estate due to time to learn as you begin with a broker, time frame to sell your first home, added expense to begin a real estate career. Hope this helps, stay in-focus with continuing education.
