Real estate agent...?

Hilde Heskett: For Iowa I found interesting information about your answer Here: http://www.realstateamerica.com/ciudad.php?ciudad=...

Carlton Lastrapes: Ok, first off check this website.http://www.iowarealtors.com/This will tell you everything you need to know about becoming a realtor. It will also answer you question with regards to moving out of state and what is allowed. True, there are a lot of real estate agents and Realtors out here, and some are successful more than others but don't let that get you down. Just make sure you follow the guidelines and don't get caught up in the scams that are out there.Once you get your license, interview 5 Brokers who you may want to work for. I say five, because realistically this will give you a better view at how different companies work, what they have to offer, what you can expect and finally know what percent of commission do you actually get once you pay all your fees to the Broker....Show more

Rodrigo Pezley:! If your passion is to be in real estate - go for it.Some States require a college degree, others do not. Check with your local State Board of Realtors for that specific detail, and more info on the continuing ed thing. It's most likely online.And, remember, every State has different requirements, so if you relocate and want to get your license in place in that new State, you will have to go to that particular State's approved real estate class and pass that State's real estate exam.Then, before you launch your new career, be sure to save some $$$, because it will take some time to get started. 6-8 months income would be a safe bet, to keep the stress levels down while you are waiting for your first closing - and because you will be paying all kinds of business related costs up front, just to get started (MLS and local board fees, classes and test fees, licensing fees, errors & omissions insurance, marketing and advertising costs, computer, printer, general business suppli! es, etc.)Plan to spend at least $3,000 gearing up - more if yo! u join a broker who charges desk fees.Make a business plan - if you've never done this before, go online for examples, contact a local SCORE volunteer, ask your banker, or your broker, once you get started. Plan your work, and work your plan!Go to class online or in person and LEARN your STUFF. Don't learn the minimum required to pass the tests. Your customers will be relying on you to be an expert, so soak it in. I would recommend attending classes in person so you get all your dumb questions answered immediately and to your satisfaction.Interview several brokers until you find one you like, that offers excellent training and support, has a congenial atmosphere, and a record of success - plus a good reputation. Ask what they pay for and what you will have to pay for.Then, get out there! Let everybody you know hear that you are in real estate now - shout it to the skies, email and snail mail everybody with your new business card, send out marketing materials and advertise y! ourself.Work your business plan.And, remember, the idea of earning 6% commission on every sale - that's a fantasy.Think of the 6% commission as a pie. Let's say the sales price of the house was $200,000. 6% of that is $12,000, yes?So, 1/2 of the pie goes to the listing BROKER (not the agent) and 1/2 goes to the selling BROKER. That would be $6,000 to each side.Then, the BROKER shares their piece of the pie with the agents involved. Most agents get 50-60% of that piece of pie, depending on your individual deal. That means, you as the new selling agent might get $3,000 - minus your franchise fees, E&O insurance, and all of your related costs.If you get lucky, you might be both the listing and the selling agent, and earn $6,000 minus expenses, but you will never get the full 6% commission on any deal. And your commission income is taxable by Uncle Sam.Another way of looking at this is - if you sell $1Million in real estate, and you are essentially getting your 1/4 piece of the! pie, you will earn $15,000 in commission, minus expenses. If your cut ! of the pie is larger, the income will be larger, but not as a new agent.Again, if this is your passion, go for it. I love my job because I get to help people every day. Treat it like a real full time job, work it hard. But this is not a get rich quick program - or everybody and their dog would be a realtor!!!Good luck and best wishes...Show more

Damaris Weiler: Attend open residences. Also, opt for up the neighborhood truly property books that they supply out without spending a dime. Find a couple of residences you prefer and get in touch with the directory agent and ask to peer the apartment. That will supply you a risk to satisfy a couple of neighborhood retailers and spot if there may be any person you mesh good with. We used Remax with our final acquire/and promote. However, I could now not base my resolution on a precise manufacturer identify....each and every realtor is special and certain. Try to stay with a manufacturer that has a extra good recognized ident! ify (none of the ones discounted costs locations or tiny corporations) so you already know you're getting probably the most correct know-how feasible. If feasible, it could be exceptional if the agent was once practically your age, in order that they are able to relate to why you're watching for special points or places, and will greater foresee different properties that can be excellent for you that might be you're overlooking as being reasonably unfamiliar with the field. Good success! Look at a few residences earlier than making any presents!...Show more

Marcia Cheathan: Maggiejo..I don't want to be disrespectful to your mother, but if you like something you should at least give it a try. It doesn't matter if everyone in town is a Realtor if you love what you do and become good at it you will succeed. Tony Robbins says that if you have a passion for something, the money will come.It doesn't matter about your age either. If you meet the minimum age requirement fo! r your State's Licensing, get the license.A good suggestion is to work ! as an assistant for a Realtor or in the office of a Realtor, even answering the telephone will get you into the door.Right now, there are only a few states that have reciprosity with other states for licensing; mostly you have to take the class work and pass the test in the new state. So it only takes as long as the class work requires and to take the exam. Most states require continuing eductaion of so many hours per year but you can have a Real Estate License in as many states as you can handle.The important thing to know is you may not receive a commission if you don't have a license in the state where the property is located.I've have been a Real Estate Investor for over 30 years and have been a Realtor for the past 4 years, I just wish I had done it 20 years earlier because it is so much FUN and you get to meet so many good people....Show more