How to Get a Real Estate License
If you have decided that you want to become a real estate agent, you must complete the requirements set by your state for education and licensing exams. Every state has different requirements for real estate agents, so it is important that you research what is required in your state before moving forward in the licensing process. The Real Estate Prep Guide has a study guide and practice exams for every state’s real estate agent licensing exam and guarantees results. If you do not pass your licensing exam after studying with the Real Estate Prep Guide materials, we will refund your ...
What is the Process of Becoming a Real Estate Agent?
For many people, becoming a real estate agent is a dream job. But it can be difficult to know where to start or how to become a real estate agent in your area. The Real Estate Prep Guide is here to help prepare you to become a successful real estate agent and understand what it takes to get started in the real estate business. Understanding the Terminology The most important thing to understand when entering the real estate arena is the difference between a real estate agent, broker, and realtor. A real estate agent, also known as a real estate ...
Real Estate Blind Ad
Typically illegal for real estate brokers, a real estate blind ad is an advertisement that does not identify the person or professional status of the ad-placer but instead only includes basic contact information You have probably come across one at some point in your life: an advertisement in which the identity of the seller is entirely unclear. It could be a classified ad in the newspaper selling an automobile, it could be an unknown employer advertising an upcoming job position, or it could even be a sign with a picture of a house and a phone number asking you to ...
Real Estate Net Listing Agreements
With a net listing agreement, a real estate agent gets to keep the difference between the actual sales price and the seller’s desired price Real estate agents can help people achieve their dreams. Whether it is buying a first home or selling a house to move to a new community to start a new life, everyone wants their real estate transaction to be as smooth and painless as possible. Of course, people also want to get the best price on their real estate purchase or sale. No client wants to overpay for property, nor does any client want their property ...
Jobs You Can Get with a Real Estate License
Are you considering getting your real estate license? If so, you may be wondering what kinds of jobs in real estate will be available to you in the future. Real estate is a very flexible field. To be sure, contrary to what some people believe, not everyone with a real estate license sells houses. Holding a real estate license makes you a good candidate for many different positions. Types of Real Estate Jobs Real Estate Agent Any list of jobs that you can get with a real estate license should start with the most common one: real estate agent. A ...
How Hard is it to Pass the Real Estate Exam?
To obtain a real estate license, you must meet all of the requirements set forth by your state. This includes taking and passing the appropriate real estate exam. These tests are demanding: You may see questions pertaining to the responsibilities of real estate professionals, certain national state and regulations, real estate finance, and real estate ethics, and you may even some moderately complex math problems. Simply put, this is a test that you need to study for. If you are going to put your time and money into taking the real estate exam, you need to do it the right ...
Progression Real Estate
You’ve probably heard homeowners and prospective home owners talk about the advantage of buying the cheapest house on a given block. This is typically solid advice because when a home is surrounded by higher-valued properties, its own value goes up. This is known as the principle of progression. The opposite is also true – when a home is surrounded by lower value properties, its own value goes down despite it having amenities that typically make homes appraise for more money. This opposite principle is known as the principle of regression. As a real estate agent, it is important for you ...
Regression Real Estate
In real estate, the principle of regression is simple. It is the phenomenon of valuable properties having their value diminished by the surrounding lower-value properties. If you’re familiar with the advice to “buy the cheapest house on the block,” you’re familiar with the principle of progression, which is where a low-value property’s appraised value is boosted by the presence of the high-value properties surrounding it. Regression is the opposite of progression, and it is a legitimate concern for home sellers and buyers. As a real estate agent, keep yourself up to date on the average home values in the neighborhoods ...
What’s the Difference: Real vs Personal Property?
When you think about all the different words and terms that are used in real estate you might feel like you are learning a new language. With a career in real estate you will be tasked with speaking to potential property owners, brokers, insurance agents, fellow real estate salespeople, home inspectors, and financial institutions. And, you will need to understand all the words and terms that are associated with each party. Sometimes you will even need to define words to help people better understand specific real estate concepts. Before you break out into a cold sweat, take a deep breath ...
A World of New Words
Whether you have been in the real estate business for a while, or you are contemplating the processes of becoming a real estate agent, you will find that there are a lot of words you will need to know. There are words that are specific to homes, insurance, mortgages, leases, and everything to do with real estate. There will be a lot of times when you will be able to remember the word, yet there are going to be times when you need a bit of a refresher. No matter if you are beginning your career or have been at ...
Risk Free Pass Guarantee
Thousands of students use our handy guide and sample tests to prepare for and pass the Real Estate Salesperson & Broker exams. If you do not pass your test, simply contact us with your failure notice and we will refund you in full.