Time for a serious discussion for all you new agents out there. Starting a career in real estate is not like starting a business. A career in real estate sales is starting a business.
If this sounds daunting to you, don't worry. Upon close examination, you will see that the revenue that a real estate agent can make relative to the amount of investment necessary is amazing.
For a moment, let's compare real estate sales with other businesses like restaurants, clothing stores or most oth...
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Yesterday, I noticed a business plan posted at the entrance to our Alhambra location. The plan outlined a step-by-step roadmap for earning $200,000 per year selling residential real estate in Southern California.
Most real estate agents don’t make anywhere near $200,000 per year, but I thought it was interesting that the manager had posted such a plan at the entrance to the office on how to create this much income.
Even if a real estate agent follows this plan to the letter and ends up...
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I love the Internet. Who doesn’t?
However, ask yourself this question: Is the Internet a suitable substitute for an actual mentor?
Listening to our competitors, you would think so. They try to sell students on the idea that online classes are more effective in teaching than live classes. We completely disagree.
The Department of Real Estate requires that a student take 3 classes in order to qualify for a sales person license and 8 for a broker license. Each one of those ...
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There’s is a big difference between “spending” money and investing it. Spending money refers to outlaying cash with no reasonable expectation of getting any of it back. Investing money implies eventually getting your original investment back plus more. Tuition paid to our school falls into the investment category. You invest the money towards your education, expecting to get back knowledge enough to begin a career path in which you will make back the money you invested and more....
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I recently saw a YouTube video featuring veteran real estate trainer Mike Ferry engaged in a debate with a social media activist. The debate lasted 45 minutes and was a back and forth between Mike Ferry’s position of why social media, technology and computers as a whole are a waste of time and the social media activist basically saying that telephone prospecting is dead and why computers hold the last ray of hope for a real estate agent.
Watching this I didn’t quite understand why each wa...
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According to this link at the California Department of Real Estate the current processig timeframe for your combo exam/license application is about 3 weeks.
Hurry up and get your Real Estate Principles, Real Estate Practice and Elective classes DONE! So you can apply!
Incase you have questions about the main form, the RE 435, watch this YouTube video.
Good luck and be patient!...
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I am so proud of the work that our school has done over the past 7+ years. We have helped countless people begin their careers in real estate. We aren't perfect, but we try and provide the best possible instruction in a fun and dynamic environment.I had the pleasure of reading a page that was created on the review site yelp.com and was pleasantly surprised to find the below comments.My hope is that we will continue to provide great service in a dynamic educational environment for as long as po...
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October 1, 2010Dear C.A.R. Member:We’re starting off the new month with some great news from Washington, DC today that we wanted you to hear from us first.Late yesterday, President Obama signed a resolution that included a provision extending through fiscal year 2011 the current conforming loan limit of $729,750 for high-cost areas, including many in California. The same limits will also be extended to loans insured by the Federal Housing Administration.We’re extremely pleased that the Obam...
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In this month’s Real Estate Magazine, the official publication of the California Association of Realtors, an article was published about the size of most real estate companies in California. To my surprise, over 86% of all real estate brokerages comprise four or fewer agents. How does this statistic affect a new agent? My recommendation has always been to affix your license to a market leader. In most cases, the market leader is going to be a large organization with fifty or more agents....
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Red Alert UpdateSB 1178 to be Voted on Again This WeekStay Tuned for Another Red Alert!C.A.R. is sponsoring SB 1178 (Corbett) to extend anti-deficiency protections to homeowners who have refinanced "purchase money" loans and are now facing foreclosure. Most homeowners didn't even know that when they refinanced they lost their legal protections, and now may be personally liable for the difference between the value of the foreclosed property and the amount owed to the lender.SB 1178 was voted on l...
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