Should You Get Into Residential Real Estate? | Fridays with Fred

     

    Getting Into Residential Real Estate

    Over the years that we’ve been specializing in Southern California Residential Real Estate we’ve had many friends, family members and associates ask us if they should consider getting into residential Real Estate and the answer we always have for them is yes.

    The Best Industry

    Residential Real Estate is one of the best industries, regardless of age, to be involved in because people will always need homes, and who else would be better to solve the needs of buyers or sellers in your area than you?

    Live the Life of Your Dreams

    With residential Real Estate you CAN fund and live the life of your dreams, especially now, thanks to low mortgage interest rates, and huge demand for Real Estate across the United States.

    How to Become a Realtor®

    Get Education – To get started as a Realtor® you have to take pre-licensing courses and since requirements vary by each state you should check online to find out what the pre-licensing course requirements are with your state.

    In California the pre-licensing requirements are three (3) college level course while other states only require you take two courses, or 90 hours of total course work to meet your pre-licensing requirements.

    Choose A Broker – The next step after you’ve completed your pre-licensing courses is to choose a brokerage or agency to work with.

    Working with a broker is vital because they already have 3 years-worth of experience in Real Estate and can answer your questions plus provide you with valuable training you need to start your career as a Realtor®.

    Get A Real Estate License – One you choose a broker to work with the next step you will need to take is to choose a Real Estate broker to work with. Becoming a broker will also require you to pass State and or Federal Exams and possibly a background check as well.

    Start Up Costs

    As with any other business if you decide to get started in residential Real Estate as a Realtor® there are start-up costs involved, which can total $1500 or more after you’ve paid association fees, exam fees, licensing fees and paid for some marketing materials.

    Regardless if decide to become a residential Realtor®, appraiser, investor or get involved in some other aspect of Real Estate, this industry is one of the very best industries to be involved in especially over the next 10 years as the demand for homes shows no sign of slowing down.

    Contact Us

    To learn more about getting involved in Residential Real Estate contact Fred Sed Realty today by calling us at (800) 322-4643.

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