How To Get A Real Estate License Pass your license exam and get a real estate license.

 

 

 

 

Buying a home is the most expensive purchase most people ever make. It stands to reason that you would like to know that your agent is doing their best for you. Here are 10 red flags that tell you they’re not.

1. “Well I had some clients before, but they were all jerks.”

Beware of an agent who trash talks *everyone* they’ve ever represented. It’s kind of like the people who have had a string of “crazy ex’s”. Eventually it might become obvious to you that you’re going to be the next “jerk” that they complain about to their next client. You also have to wonder what they are doing in this profession if they aren’t enjoying many of the people they work with. Even if the agent’s previous clients *were* all jerks, it hardly makes them look good to be bad-mouthing them to other clients who will then wonder if they’re going to get the same treatment.

2. “Sorry I haven’t gotten back to you in the past week; things have been crazy.”

How long does it take to dash off a short email telling clients what’s going on with their house hunt? Is a 5 minute phone call that lets the clients know that things are rolling ahead (or that there’s an issue that needs addressing) really that hard? There’s nothing wrong with an agent who sets specific times to send and return calls, emails, faxes, etc., but an agent who doesn’t set expectations and then meet them is not likely to be doing their best for you.

3. “Um, well that’s not exactly legal… But don’t ask, don’t tell, right?”

Agents that engage in illicit activities, whether or not they benefit you, are not people you want to deal with. First, it’s unethical. Second, it could land both the deal and you in hot water. At best, you might not close on the home. At worse, you could be implicated in the crime that the agent committed on your behalf.

4. “I don’t really like to advise clients. You should do your own research.” OR “I dunno.”

An agent who doesn’t answer questions or give advice to their clients is not doing their best. While an agent may suggest that you find out as much as you can concerning home purchases and what you’re looking for in a home, they should also be happy to share what they know with you. They should have nothing to hide about the house hunting procedure or what to look for in a home. Sometimes an agent will not know the answer to your question and that’s OK. What’s not is a flat statement of not knowing and nothing further. The right answer is, “I don’t have enough information to give you a good answer, but I’ll see what I can find out for you.”

5. “Use this guy. I only work with him for lending/home inspections/etc..”

Agents that insist that you use a particular affiliate are probably getting a cut of the fee you pay the other guy. This doesn’t say much for their integrity and you are not required to use anyone that the agent ’strongly recommends’. You should use the professionals that you are comfortable with. An agent can certainly recommend people who will provide good service, but should not insist on them.

6. “Well, it’s been fun, but I have to go to my job at 7-11 now.”

Nothing against the people at 7-11, but your real estate agent needs to have their priorities in line with yours. An agent who depends on real estate for their living is going to be a lot more committed to you and your goals. One whose income is mainly derived from another line of work may have priorities that don’t involve you closing on a house.

7. “Oh, that house isn’t listed with my brokerage, which is why it isn’t on our list.”

Your agent should be dedicated to making YOU happy, not the brokerage. Sure it’s icing on the cake if the house you fall in love with happens to be listed with the agent’s brokerage, but this should not be the defining criteria the agent uses to draw up a list of homes for you to look at.

8. “Well, I had a license, but its expired now. But, hey, once you know this stuff, you know it!”

Agents should have up-to-date real estate licenses. The agent could be putting your home purchase in jeopardy by representing you without a valid, current license.

9. “Don’t worry; I’m sure the house is fine. The toilet probably just got clogged.”

Your agent should disclose all problems they have noted about the house, even if it means that you won’t buy it. Your agent needs to be working for you, not to close at the earliest opportunity.

10. “$#&*! @&()! #*(%&*#(!”

Agents should be professionals. Swearing, talking down to you, treating you like an idiot are all signs that you should ditch this agent fast. Professional does not mean that they should be hitting you over the head with the idea that they know more than you about real estate. Even if you are a first-time home buyer, the agent should be treating you like an equal and behaving in a professional manner, towards you, other agents and home sellers.

By: Kevin Bilberry

 

 

 

New Jersey Real Estate Report » Weekend Open Discussion

This is the time and place to post observations about your local areas, comments on news stories or the New Jersey housing market, open house reports, etc. If you have any questions you wanted to ask earlier in the week but never posted ….. giant Fannie Mae reported a much larger-than-expected loss in the second quarter and slashed its dividend Friday, more signs that the problems in housing and financial markets are not over. NJGator says: August 8, 2008 at 10:06 am.

50 Real Estate Sale Signs | Business2

Great idea Peter- would have been cool to see a score out of 10 for each one- maybe pointing out the good and the bad points…..(from your perspective). Noticed grafitii on a few of them… nothing spoils the marketing more- would think an agent would get it removed as a matter of absolute priority …. In July 2001 Peter founded Business2.com.au to help real estate agents better understand the power of the Internet and the real estate landscape in Australia and New Zealand.

I Hate My Real Estate Agent — Now What? | Virginia Real Estate News

How to Ditch Your Old Agent and Start Working With a New One. … There are two basic types of agreements that somebody signs when they decide to work with a real estate agent. If you are selling your home, you will always sign a listing agreement. If you are working with an agent to purchase a home, you may have signed a Buyer Broker Agreement. You should know your broker’s obligations under these agreements: Selling Your Home — Know the Broker’s Duties.

10 Signs That It’s Time To Ditch Your Real Estate Agent

Nothing against the people at 7-11, but your real estate agent needs to have their priorities in line with yours. An agent who depends on real estate for their living is going to be a lot more committed to you and your goals.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Technorati Tags: agent, buyers agent, property agent

Posted under Realestate License

Real agents are more exposed to the real estate markets and their exposure helps the people who are interested in buying and selling of real estate property. The real estate broker holds sound knowledge of all kinds of properties with apt experience as to which property is good or not for the seller as well as buyers. One of the best advantages of real estate agents is that they make the search for real estate property easier and faster thereby saving a lot of time.

Searching the best real agent is sometimes difficult with the availability of numerous real estate agents. Here are some useful tips that will help you to make your search easier in finding the right kind of real estate.

1) It is vital to consider whether the agent has well past record or not. Experienced agents can help you in a better way to find or sell a property. One should consider the agent’s current sales charts which include the number of the properties he sold along with the rates of the property. In this you should also talk to the people who have ever dealt with the agent and collect the feedback from these people. All these things can help you to know about his reliability.

2) It is necessary to consider the knowledge of the real estate agent regarding the properties. You should check the time period of the realtor as from how much time he has been involved in the profession of properties. A new realtor is experienced and does not have the complete knowledge about the markets which can lead to many problems.

3) Always check whether he is trust worthy or not. Now-a-days there are many real estate agents which play a fake role. You should make sure about the agent that he is not trying to make you fool by cutting the price of your property. You should check that he is only working with you.

4) One should consider the reputation of the real estate agent in the market. Reputed agents know all the details of numerous people when it comes to sale the house. These agents do not bother you and search the right buyer for your property as soon as possible.

5) You should also check with which realtor the organization is working with. One should always consider the licensed realtor in the matter of the property. There are many fake agents who are involved in this profession and also carry the fake license of the organization. Always check the organization before signing any deal.

6) Last but not least, always see the fees being charged by the real estate broker for your case. It is said that more commission will lead to the more hard work of the agents. Sometimes, the agents charge the fixed price from all their customers.

Considering these vital points will surely help you in searching the professional real estate brokers who will provide expert guidance on buying and selling of both residential and commercial real estate property as required by you.

By: Robin Smith

Global Investment : How Do I Get Started In Real Estate

You can take real estate classes in college or you can go to a real estate school (this is what most agents and brokers do) you will have to take a licensing test from the state. If you are talking about investing, then there are REITs … If you have administrative support experience, another way to learn about the real estate business is to find a position as a real estate assistant for an agent or real estate brokerage. High in demand – and allows you to learn.

Tips on finding a great Real Estate Agent in Los Cabos Mexico

The franchises are usually owned by an independent broker agent that bought the franchise rights. The firm may have a recognizable name, but don’t assume they are the best. Find out how long the broker has been selling real estate.

Choosing a Real Estate Agent. What Should You Expect? | Talk to CJ

REALTORS® shall not, however, be obligated to discover latent defects in the property, to advise on matters outside the scope of their real estate license, or to disclose facts which are confidential under the scope of agency or … any member of their immediate families, their firms or any member thereof, or any entities in which they have any ownership interest, any real property without making their true position known to the owner or the owner’s agent or broker.

Future of Real Estate Brokerage: Part 1 – Why Change Is Coming

Therefore, if an agent is not selling, the broker has only two options send their license back to the state real estate commission or let the agent continue to work. The broker can’t come down on the agent for not producing or tell them.

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Technorati Tags: buyers agent, finding a realtor, mortgage broker

Posted under Realestate License