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

If you’re among the thousands of people who got a real estate license when the market was hot, are you starting to think it might not be as easy to make money as it looked back then?

According to the 2007 Real Estate Trends Report, there is one licensed Realtor® for every 90 Americans. There couldn’t possibly be enough work for all of you, especially in today’s real estate market.

With such a saturated market of Realtors, it’s hardly surprising that they aren’t making much money either. According to Realtor.org, the median salary for a sales agent in 2004 was $37,600 and for 2008 that number is down to $31,000. For newer agents, salaries can be as low as $13,000 a year.

Instead of heading to McDonalds® for an application, (a manager at a fast food restaurant earns $30,000 to $35,000 per year and doesn’t have to work 24/7) if you’re not making your fortune as an agent you might consider a career in home staging.

Home stagers can grow their businesses regardless of whether the real estate market is hot or not, because people will always want to make more on the sale of their property. And in a buyer’s market, they need our help even more, if they want to sell quickly.

Even the FSBO (for sale by owner) market is open to us as home stagers. The same sellers who don’t want to pay real estate commissions, and instead try and sell their homes privately, will invest in home staging services to decorate their home to sell faster and for more money.

As a real estate agent, you already know the real estate market and you’re probably used to giving home owners tips on getting their homes ready to sell. I hope you’re not making the fatal mistake of staging your vendors’ homes for free as an added service.

You could actually be making more money on giving staging advice than you do right now in real estate commissions!

In my second year as a home stager I was making up to $10,000 a month staging my clients’ homes and that was starting from the ground up without a real estate license. It’s interesting to note too, that the majority of these home sellers hadn’t chosen their agent yet when they hired me. Had I had a license I would have had many of those listings myself rather than recommending them to other agents.

If you’re a real estate agent accustomed to driving around all day showing properties and not getting paid until you actually sell something, the income you can make as a home stager may surprise you. For example, $300 to $600 is close to industry standard for a home staging consultation, depending on where you live.

Assuming the low end, at $300, if you were to do four of those a week, that’s over $60,000 at the end of the year. At the high end you could be making $124,800 a year and that’s just doing home staging consultations where you walk around the client’s home and give them staging advice so they can do the rest of the work themselves.

Now, let’s assume only a quarter of those consultations turn into full blown staging projects. You’ll earn another $4,000 to $8,000 per month, or between $48,000 and $96,000 a year on top of the consultation fees you were already making! And you don’t have to share any of that income with a broker.

If you’re making less than the average fast food restaurant manager, watching your meager income get eaten up by fees and large advertising budgets and you’re tired of being on call for your clients 24/7, isn’t it about time you started looking at other options that leverage the real estate knowledge you already have while allowing you to make double or triple what you’re earning now?

Consider the current economy and slow real estate market your wake up call. Maybe you should recession-proof your real estate career by enrolling in a home staging training program and start earning the kind of money that lured you into the real estate profession in the first place!

By: Staging Diva

Recession Proof Your Real Estate Career

Consider the current economy and slow real estate market your wake up call. Maybe you should recession-proof your real estate career by enrolling in a home staging training program and start earning the kind of money that lured you.

10 Books to Recession-Proof Your Life : Bizzia - Business News

In just two steps, this book helps readers focus their career options and learn more about secure jobs that interest them. First, reader explore 75 lists that rank the best recession-proof jobs according to pay, growth, openings, education level, … 7. Heart and Sold: How to Survive and Build a Recession-Proof Business, by Valerie Fitzgerald. Tales from the residential real estate trenches are complete with attempted tear-jerking from former model Fitzgerald.

Recession-proof Your Real Estate Career | How To Get A Real Estate

Recession-proof Your Real Estate Career If you’re among the thousands of people who got a real estate license when the market was hot.

6 Top Tips for Finding Recession-Proof Jobs

The same is true if you’re trying to get a leg in real estate. Instead of wasting your time trying to join an industry that’s experiencing some bad times, try to set your sights on industries that have remained stable or are experiencing growths. … Other than advertised job vacancies, consider other venues for finding recession-proof jobs. Look for trade magazines, papers, clubs and associations. You could also tap your network of professionals in the same field.

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For people who are at all interested in Groton ct real estate, there are real estate groton ct agents who are willing to assist and lend a hand. It should not be hard to choose the right agent who can help you find the right real estate for your needs.

Like so many commercial real estate areas around the world, the success of the real estate waterford ct is also attributed to the functioning of the Call the houseman real estate companies with various real state new london ct services that greatly changed the perspective of the customers toward the Call the houseman real estate industry real estate southeastern ct agents assist sellers or buyers in marketing or in purchasing pieces of real estate property. There are agents who are mainly focused on helping clients market their properties and there are also agents who specialize in the buying process. However, there also are some agents who could do both. real estate southeastern ct agents are required by law to have a license before they practice.

Callthehouseman, is one of the best commercial real estate sites, is the right source for both real estate waterford ct and industrial properties. Aside from that, this certain Call the Houseman power team provides some real estate listing whether for sale or for lease and as such, they are one of the commonly used sites for real estate waterford ct and industrial properties.

Call the Houseman companies undertake most dealings pertaining to property. This includes, lease, rentals, sale purchase and appraisals. real estate groton ct offer all of these services at varying service charges. Income for real estate companies is entirely dependant upon luck and conversion rate of deals. Since this business is dependent upon local factors, the price of adjacent neighborhoods, inflation, and global trends, the business is considered highly volatile.

When you are looking for an international real estate agent there are different factors to consider. You should have an understanding of the market fluctuations, complete listing of the available properties in graton, both completed and in the building phases and an agent that is willing to spend the time needed to find the perfect home, condo, apartment or villa for your money. Call the Houseman help you find the best real estate for you and help you giving tips on maintaining the real estate to get maximum profit in future.

Callthehouseman has other waterford real estate developments, where you can find old fashioned homes and the feeling of an old-fashioned community. Callthehouseman will allow you a more upscale home with up to six bedrooms and up to four-baths and it is justly slightly more than Cordoba, which has homes that are top-quality as well. The real estate waterford ct offered by Call the Houseman is truly magnificent.

Buying real estate is a major financial decision. It is better to compare various real state new london ct companies and brokers before choosing your agent. Selecting a reputable, experienced real estate agent will help you to make an excellent investment for rental or potential appreciation. Strictly following the state laws and general guidelines will help to ensure that the transaction goes smoothly. Geoff Hausmann of CallTheHouseman hopes to meet you and help assist your real estate transactions.

 

By: dental health

 

 

Investing in Utah County Real Estate | Top Real Estate Articles

Jun 22, 2009 Real Estate Properties. by Theodore Capnet. We all have dreams. One of the most common American dreams is to, someday, own a home of your own, either for yourself or for your family. We live in volatile times right now because of the … If you are selling, know what your house is worth and about your surroundings. Be smart about how you list and be sure to find an agent that will work for you and get your needs met. If you are in the market for a home.

London SEM » Blog Archive » Picking a Real Estate Agent

When deciding on a real estate agent, ask how they search for homes. Some agents have their own preferred listings that they favor. But you want what’s best for you, not what’s best for your agent. You’re paying them, right? … Nobody knows you as well as your friends and family do. So they’re often in the best position to recommend an agent who is well-suited for your needs. You can also trust a referral from friends or family more than one that comes from a stranger.

Real estate blog| A real estate agent blogs | Real Blogging

After having assembled the tools, we discussed advertising (Step 4) in this new age of real estate. Together with the proper tools, your advertising is now able to be scaled to exactly produce the number of customers you need to meet your goals. … The right tools plus advertising, together, are like air and fuel in an engine. When mixed together properly, under the right pressure and at the right time, they provide the engine with exactly what it needs to produce power.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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In this current down market, many professional agents are holding their heads above water ,but the treading of the water is becoming more and more difficult. As consumers idle in the “wait and see” mindset, many agents are wondering when this cycle will adjust and how long they will need to wait.

While itis nearly impossible to predict with true certainty (see Steve Heideman blog post, “The “Inevitable” Recession That Never Was,”) when the market will rebound, how it will rebound and how we all will be affected, agents need to explore other avenues to create their sales — and, provide value to their client. In the meantime, however, RE agents should be looking at alternative options, all within their respective field, for their clients and themselves.

Honestly answer this question: Did you know that you can utilize retirement assets (e.g., IRA, 401(k)) for the purchase of non-traditional assets….such as real estate. Did you know that you do not have to invest solely in stocks, bonds and mutual funds…or at all? Did you know that there are over 20 asset classifications that one should consider investing into…including real estate.

Okay, even if this is not new to you, do you see the power of introducing this to your clients (who, for the most part, it will be new to)? Did you just provide a service to your client? Did you just provide value to your client? Did you just educate your client on options for their own decision-making process? Now, IF they are interested in investing in real estate, who do you think they will call first for advice? I know I don’t have to tell you how you benefit from this relationship.

So, how do you do this….I mean you cannot call Merrill Lynch and ask them to just “send you a check” for your real estate investment.

The Power of Self-Direction of IRA/401(k) Assets — Self-direction is merely that…..self-directing one’s retirement assets into permissible investment opportunities. It is a legal avenue for one to consider and it can be established with the assistance of a professional in this field. But, as a realtor, have you shown your clients how they can “tap” otherwise non-accessible funds for investment purposes? You now can potentially assist clients who wanted to invest in real estate but did not believe they had the wherewithal to do it.

You believe in the value of real estate ownership or else many of you would not be in the business. But, some of you might say that you do not feel comfortable advising your clients about investing into real estate. I understand this, but I will also ask you why you should have a problem introducing the tool of self-direction to your clients. Whether they take this action or not will be their choice and so to will be their decision on whether they want to invest in real estate. One last thing — what has happened to the stock market of late? The point? Nothing, including the market, is guaranteed. You are just introducing an option to your client that they may choose to take advantage of.

Let’s break this down some more:

One of the questions I get is: How can you invest in real estate using IRA monies?

Well, currently existing IRAs can be transferred from what are termed “traditional” IRA custodians (e.g., Schwab, Merrill Lynch) into self-directed account status. Once the decision has been made to self-direct, you can choose an option of 1) a custodian which assists in self-directed transactions and holds your assets, 2) an administator dealing with self-directed clients but not holding your assets, or 3) youself. Please note as manager of your retirement account, you are the one making the decision of where you wish to invest your monies on the behalf of your retirement plan. In conducting the transaction, you cannot personally benefit from the transaction and it cannot be entered into with a disqualified individual. As an example, you cannot purchase a vacation home with your self-directed retirement assets and then reside at the property for a couple weeks a year.

Let’s ask that again….did you know that you can be the manager of an LLC retirement account acting on behalf of your retirement interests? Hmm, not a bad little option to consider. Regardless of which path is taken, the assets stay in the account for retirement investment purposes….only. As long as proper investments are made with qualified individuals and no prohibited transactions occur under IRS regulations, there are no tax consequences.

Next….Is it legal? Why am I only hearing about this now for the first time…there must be a change in the tax code?

Yes, it is absolutely legal. It has been legal since 1974 with the establishment of ERISA. Find out for yourself by going to the Internal Revenue Service’s and review Publication 590. On pages 40-41 of this Publication you will see what investments are not allowed (i.e., collectibles, life insurance). Real Estate is NOT mentioned as a disallowed investment just like stocks, bonds, mutual funds are not mentioned as a disallowed investment.

Most people are not aware of this and it is a complete disservice that most haven’t been made aware of this possibility by their trusted financial advisors. In fairness to advisors, most do not know that this is permissible as well. Please note that the IRS only stipulates that you cannot invest in collectibles or insurance contracts. Other than that, anything is pretty much fair game provided investments do not occur with disqualified individuals and prohibited transactions do not occur.

What should be asked by the RE agent is how does this knowledge benefit me?

If you haven’t sensed yet how this benefits you, either I haven’t made it very clear or you need to re-read this blog. Simply stated….right now there are nearly $4 trillion in currently held IRAs that, as has been discussed, can be invested into pratically any investment class, including real estate. Would you like the opportunity to secure a potential commission by introducing this to your client and they purchase real estate with your assistance?

Let’s also consider how many more people that you can prospect to and market your current listings? Further, have you considered how this benefits you as you can purchase real estate at wholesale? The options are astounding. The question is really two fold? Do you want to educate your client on this wonderful opportunity and do you want to possibly secure otherwise non-existent business? The choice is yours.

How can I learn more about investing IRAs in real estate?

First and foremost…..read…and real alot on the topic of self-direction. As mentioned, there are custodians, administrators and facilitators. One question that is critical….do you want true control of your own retirement monies where you don’t have to ask for permission to make an investment with your own monies?

How fun can it be to improve your business AND educate and do something good for your clients. You should be looking at each client in a whole new way. And, for those of you who believe in karma….when you bring something new and of value to your client, the potential rewards for sharing such information may be countless. Look at your clients not just as a way to sell them their home, but in terms of educating them on the possibility of being real estate investors. Remember, if you think your clients/contacts do not have the financial wherewithall to invest in RE through you, think again.

By: John Park

 

Do Realtors Appreciate the Power of Self-Directed IRAs, 401(k)s

Well, currently existing IRAs can be transferred from what are termed “traditional” IRA custodians (eg, Schwab, Merrill Lynch) into self-directed account status. Once the decision has been made to self-direct.

Realtors have been claiming that low-ball home appraisals have been slowing down their sales of foreclosure homes. Low appraisals hinder the completion of some home sales because buyers do not have enough money to close the gap between.

Realtors Help You in Buying Great Vacation Rentals

There are many great benefits of owning vacation rentals as well as selling timeshare. You’ll be very pleased with your property and the right realtor will.

NC REALTORS Talk: Field Guide to Social Networking for REALTORS

Maintained by staff members of the NC Association of REALTORS to provide insight regarding upcoming events, issues affecting the real estate industry, and education and technology information.

 

 

 

 

 

 

 

 

 

 

 

 

 

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