Sample Answer: I want to become a Realtor because I love helping people find a place to call home. I want to help them find the right property and negotiate the best deal for them. I want to help them make their dreams come true.
Can you be passionate about real estate?
Is it possible to still be passionate about selling real estate even if you have never been excited about homes? Yes! That is the beauty of real estate, there are so many roles that a real estate agent needs to do in their career and as a real estate agent, you need to always be building your passion in real estate.
What do you enjoy most about real estate?
#1: Real estate agents love being their own boss
While you'll likely have a broker you'll have to answer to, the dynamic between broker and agent is quite different than employee/employer. You'll still have someone micro-managing your work—but it will be you.
Why are you passionate about commercial real estate?
Reward and income – It is well known that the commissions that you can achieve from a quality property sale or lease are generous. That being said, commissions are the reward for a 'job well done'. Improve your quality of services and property specialisation; the commissions will then be easier to achieve.
Why do you want to be a real estate agent essay?
I want to become a real estate agent because I have a passion for helping people and pointing them in the right direction. I want to help them with everything from inspections, property analysis, repairs, moving, cleaning, packing, everything involved in a sales transaction, I want to help people with it.
What day of the month is best for closing?
You may want to keep other factors in mind when choosing a closing date. Pick a date earlier in the month. Most closings are at the end of the month so buyers can minimize the interest they pay in closing costs. If this doesn't matter to you, or if you'll benefit by delaying mortgage payments, choose an earlier date.
Meet Viviana: “One of the things that I'm most passionate about is helping our real estate clients in their company’s most significant moments. It's amazing when we become their trusted advisers.” Learn more. #DeloitteWomenInMnA https://t.co/8rrCetA9XZ
— Deloitte (@Deloitte) March 30, 2023
What not to do while closing?
Do not:
- Buy a big-ticket item: a car, a boat, an expensive piece of furniture.
- Quit or switch your job.
- Open or close any lines of credit.
- Pay bills late.
- Ignore questions from your lender or broker.
- Let someone run a credit check on you.
- Make large deposits to your accounts outside of your paycheck.
- Cosign a loan with anyone.
Is it better to close in December or January?
If you want to increase your deductions for the coming year, then you may want to choose to close in January. The normal allowable home purchase deductions will be the points, interest, and property taxes which you pay.
How do you find the purchase price of a house?
The local registry of deeds or county courthouse will have the sales price information for any house you would like to research. It is more work for most folks unless they live nearby the registry. A real estate attorney or title company could also perform a title search for you.
How long does a house have to be on the market to lower the price?
“We recommend a price adjustment after 10 days on the market,” Fox says. “This gives you time for two open houses on back-to-back weekends. You don't want to reduce the price too late, because buyers then look at your days on the market as an opportunity to save money and lower their offers.”
What is one way to make the rent on an apartment less expensive?
Jul 1, 2019 — Expert-Verified Answer ... You can get a roommate. This way you can split the cost of the apartment. The other options are either not possible for
Why do people want to major in real estate?
Working in real estate is a satisfying, enjoyable, rewarding, hands-on career option. Individuals and businesses are buying, selling and leasing property every day and they need well-educated, out-going professionals to help them meet their goals.
What does it mean to major in real estate?
Students will learn business, finance, and economic concepts and study issues related to property, management, and more. While some institutions offer concentrations in real estate as part of finance or business programs, a small number award bachelor's degrees (BS, BA, BBS, or BBA) in real estate.
What skills would you like to learn and why real estate?
7 Essential soft skills and abilities for real estate agents
- Relationship building. In the real estate market, just like any market, people want to buy from someone they can trust.
- Communication skills.
- Referral marketing.
- Active listening.
- Problem-solving.
- Flexibility and adaptability.
- Empathy.
What are 3 good things about real estate?
- You Could Earn Passive Income.
- You May Enjoy Tax Benefits.
- Your Property May Appreciate In Value.
- You Have The Potential To Build Capital.
- You Could Have More Protection From Inflation.
- You May Be Able To Finance Your Property.
- You May Be Able To Choose Your Level Of Involvement.
What are the rules for rooming houses in Massachusetts?
People who live in rooming houses have legal rights. Like all other tenants, you have the right to a safe, decent place to live with heat, hot water, and electricity. If you have lived in a rooming house for one day, one week, or one month, an owner cannot lock you out of your room without permission from a judge.
What are the rules for rental occupancy in Massachusetts?
There must be at least 70 square feet of sleeping area for the first occupant, 100 combined for two occupants, and 50 additional for each additional occupant.
What is the difference between a lodger and a tenant in Massachusetts?
The main difference is that a Lodger does not have exclusive possession and is considered an excluded occupier. This means that the Licensee does not have exclusive use of the property. An excluded occupier is someone who shares the property with the homeowner (the Landlord).
What makes an in law apartment legal in Massachusetts?
Occupancy- Occupancy of an in law or family suite will be limited to up to 2-3 people and they all must be related. Bedrooms- Limited to 1-2 bedrooms for the unit. Appearance- The original building must retain its single family look.
How many people can live in one bedroom Massachusetts?
OCCUPANCY Maximum number of persons per apartment: 2 persons per bedroom plus 1. Example: In general, maximum number of persons per apartment is 2 persons per bedroom plus 1.
How long did it take for house prices to recover after 2008?
Delving Into 2008's Recession
Home prices fully recovered by late 2012. If someone bought a house at the very peak of the recession in 2007 and held the property for 5 years, they made money in appreciation after 2012. It took 3.5 years for the recovery to begin after the recession began.
Will US house prices go down in 2024?
Despite a recent slump, home prices are expected to continue to rise in 2024, according to a number of research firms that specialize in real estate forecasts, including Freddie Mac, Zillow and the National Association of Realtors.
Will home prices drop in 2023 United States?
Are home prices dropping in 2023? No — on the whole, U.S. prices are actually on the rise. According to the National Association of Realtors, the median home price in June was $410,200, which is very close to an all-time high.
Why is the housing market not crashing?
We know mortgage rates fell toward the end of 2022, and forward-looking demand was improving. This doesn't bode well for vigorous inventory growth in 2023, as lower mortgage rates improve demand, which takes housing inventory off the market. This also means there will be no bubble crash in prices in 2023.
Will we have another housing crash like 2008?
As a result, the correction will be nothing like the utter collapse of property prices during the Great Recession, when some housing markets experienced a 50 percent cratering of values. “We will not have a repeat of the 2008–2012 housing market crash,” Yun said in a September statement.
How long do you have to work under a broker in California?
Satisfy The Experience Requirements. As noted above, in order to qualify for a broker license in California, you must possess an active California real estate agent license, and have 24 months of work experience within the five years prior to your application.
Who appoints the California real estate commissioner?
The Governor
The Real Estate Commissioner is appointed by the Governor, and serves as the chief executive of the Department of Real Estate.
What are the qualifications for re 423 exam?
You must document experience as a licensed salesperson on a full-time basis (or part-time for the equivalent of two years full-time) in the form of certifications from your responsible broker or former responsible broker(s). These certifications must be made using the Licensed Experience Verification (RE 226).
Which of the following is required to obtain a California real estate brokers license a candidate must?
To obtain a real estate broker license, you must be 18 years of age or older; meet resident or out-of-state applicants requirements; disclose any and all criminal violations or disciplinary actions; have a minimum of 2 years full-time licensed salesperson experience within the last 5 years (or equivalent); complete 8
Can you become a broker without being an agent in California?
Yes, you can get a real estate broker's license without 2-year salesperson experience in California. Although this requirement is a major one, the DRE has provided other alternatives for people who do not have 2 years of experience as a licensed salesperson.
How do you track real estate clients?
How do you track real estate leads? Property managers, owners, and leasing agents can track leads manually using spreadsheets, CRM tracking systems, or social media platforms. In fact, most real estate professionals utilize all three of these methods to track and manage leads.
What realtor has sold the most homes?
The third time is the charm for Ben Caballero, who shattered his own sales record by selling 6,438 homes in just one year. Can he do it again? Caballero holds a plaque reflecting his 2020 Guinness World Record title. Real estate pro Ben Caballero is breaking records yet again.
What is an MLS production report?
The Production Report shows sales production by member and property type for a specified date range. To run the report, click Production Report on the Inventory and Production Reports page.
How do I log into Zillow as an agent?
First things first, you'll need to register on Zillow by clicking Join in the top-right corner of Zillow.com. Enter your email address and choose a password. Make sure to check the I am a landlord or industry professional box. After you register, click Agent Hub on the main menu and then click Profile.
What is a real estate tracker?
Real estate agents use a Real Estate Transaction Tracker to manage their entire inventory system and keep track of their listings and availability in the markets. The real estate transaction tracker is a free template that can be used as a management system for real estate businesses.
Which person is not required to hold a real estate license quizlet?
Which person is NOT required to hold a real estate broker's license? The answer is an onsite manager of an apartment complex. Neither an onsite manager of an apartment complex nor an owner's employee who leases the owner's real estate is required to hold a real estate license.
Which individual is exempt from the licensing requirements of Florida Statute 475?
Actively licensed Florida attorneys who are in good standing with the Florida Bar and are otherwise qualified under the real estate license law are exempt from the 14-hour biennial continuing education license renewal requirements.
Which of the following does not require a real estate broker’s license in Indiana?
Managing property for others does not require a broker's license. The Licensing authority in Indiana is the professional licensing agency, known as the Bureau.
Which of the following professionals works under and or for a real estate broker?
Salespersons typically work under the supervision of a licensed real estate broker. They act as intermediaries between buyers and sellers, helping clients navigate the property market, conducting property showings, negotiating deals, and providing guidance throughout the transaction process.
Who does not have to be licensed in a broker-dealer quizlet?
Who does NOT have to be licensed in a broker-dealer? Passive owners of broker-dealers, who can be officers, are not required to be licensed. All other officers, traders, and salespersons must be registered and licensed.