How to Become a Real Estate Agent
The process of becoming a real estate agent is fairly simple, although it does vary a lot from state to state. Here are the fundamentals of becoming a real estate agent.a) License RequirementsEach state has different licensing laws, so you will need to look at your local requirements. However, in general you will have to:-Meet an age requirement-Pass a background check-Complete approved real estate courses from a state-approved school-Pass a state exam-Complete an application form-Submit various feesAgents just getting their license work for a real estate broker. If you decide at some point to work for yourself, you will need to earn a broker license. Most new agents sign on with one of the large company brokerages.
Most successful agents, even if not self-employed, treat the real estate profession as their own business, instead of just a job. This attitude will go a long way to ensuring your success.b) What is a REALTOR??Many people are confused about the difference between a real estate agent and a REALTOR?. A real estate agent becomes a REALTOR? when he or she pays an annual fee to the National Association of REALTORS? and subscribes to its Code of Ethics. The agent joins through the local (city) board or association. Membership in the REALTORS? is optional, but help enhance your career.
c) How much can a real estate agent earn?Real estate agents more often than not are paid on commission. This commission is a percent of the selling price of the property. The seller will generally pay 4-6% of the sales price as the fee for having an agent handle the complex job of selling their property. The funds will often be split equally between the seller's broker and broker who finds the buyer.As an example, if the fee for a $300,000 property is 6%, the buyer's broker will be paid 3% or $9000 and the seller's broker will also be paid 3% or $9000. The agent is paid by his or her broker, using their agreed-upon commission split.
This is often 50-50 for new agents, so in that case the agent in our example would be paid $4500. So to answer the question, the amount that a real estate agent can earn is only limited by the number of transactions that he or she can close.Visit Real-Estate-Career-Info.com for requirements for obtaining a real estate license in your state.This article may be reprinted if proper credit is given and all links left intact. Copyright?2005 Real-Estate-Career-Info.com.
Andre McFayden, Ph.D., is a Real Estate Broker and contributor to Real-Estate-Career-Info.com.Miami Real Estate Information - Free MLS Access, Local Real Estate Listings and Over 70 Local Condo Development Links are Now Available at mattmaxwell.com
Miami, FL (ContentDesk) December 22, 2004 -- The most comprehensive source for Miami Real Estate and general information is now available at www.mattmaxwell.com.
The website was created and developed by Matt Maxwell, a Realtor with Esslinger Wooten Maxwell, Inc. in Miami.Visitors to the site can learn more about Miami Real Estate including communities of Brickell, Coconut Grove, Coral Gables, Pinecrest, Miami Beach and Key Biscayne by linking directly to the local multiple listing service (MLS).
You can quickly view a large database of available homes, condos, and estates for sale throughout Miami, even personalize your search to fit your specific needs.
Access to the MLS is Free as is the variety of other helpful tools on the website including mortgage calculator, reports for buyers and sellers, and a very helpful home notification service.If you are looking for information about Miami,...
Real estate > Miami Real Estate Information - Free MLS Access, Local Real Estate Listings and Over 70 Local Condo Development Links are Now Available at mattmaxwell.com
Spanish Real Estate Portal, Urbaniza.com, Incorporates Google Maps for Homes Search
(ContentDesk) June 12, 2006 -- The user, when entering the zone search, will be able to choose between the traditional form search, and the new finder by maps via satellite, that shows the situation of the new houses in that zone.????According to note spread by the press department, his CEO, Cesar Villasante, emphasizes that the searches by photos via satellite are very useful for urbanizations in the periphery of the cities, because the joint method of road map and map satellite, allows to locate the promotion through the communication channels. ????The finder may zoom to move away or to approach the vision, as much as to see the state of works of the future urbanization, the surroundings, the urban facilities, the green zones, etc.
Asked for the suitability of the tool for the real estate product, Villasante indicates: The new development usually is not constructed at the moment that is on sale, reason why for knowing the surroundings in which is going away to build, it...
Real estate > Spanish Real Estate Portal, Urbaniza.com, Incorporates Google Maps for Homes Search
Is the Demand for San Felipe Real Estate Signaling Another Baja Real Estate Boom?
Groundbreaking ceremonies for Playa de Paraiso, a eight story, 160 unit beachfront, luxury condominium resort project on the Sea of Cortez in San Felipe, Mexico took place on June 10, 2005 under a clear blue sky and a bright noon day sun. Honored guests included Baja California's Governor, Lic. Eugenio Elorduy Walther, and Mexicali Municipal President, Ing. Samuel Ramos Flores. Their presence is a sure sign that the demand for Baja real estate is on the rise.The ceremony signals the beginning of a joint private and government economic development program designed to bring the northeast Baja coastline into the 21st century.
Escalera Nautica, the Nautical Ladder development project, may be coming to fruition at last. As evidence that the area is just now beginning to undergo a period of rapid development, half of the Playa de Paraiso's units have already been pre-sold despite the fact that the project won't be completed until June 2007. Eric Garcia, Director of Sales at Playa del...
Is the Demand for San Felipe Real Estate Signaling Another Baja Real Estate Boom?
Real estate > Is the Demand for San Felipe Real Estate Signaling Another Baja Real Estate Boom?
Virtual Real Estate Mall - Newest Online Real Estate Networking Site Goes Live, Offers Free Lifetime Memberships
(ContentDesk) July 7, 2006 -- The real estate industry is undergoing a massive change. Gone are the days of driving around in strange neighborhoods hoping to stumble upon the perfect home. Today, the internet continues to gain popularity and speed and opens a new chapter in locating, buying, and selling property. With the www.virtualrealestatemall.com community all the real estate services you need are located at one online destination. Whether you are a buyer, seller, or any industry professional, you can find many services to make your real estate experience successful.www.virtualrealestatemall.com offers many tools to help facilitate new business.
For example, our listings offer recent video uploads of the property so you can get a feel for the space, our chat forums...
Virtual Real Estate Mall - Newest Online Real Estate Networking Site Goes Live, Offers Free Lifetime Memberships
Real estate > Virtual Real Estate Mall - Newest Online Real Estate Networking Site Goes Live, Offers Free Lifetime Memberships