| Real estate is a convenient marriage of two different | | | | be a mistake. |
| words from French and English with real coming from | | | | How Does One Become A Real Estate Agent |
| 'Royale' and 'estate' being an English word, | | | | The criteria set by the law and respective state |
| representing immovable property. The term royale | | | | governments vary with respect to licensing, but here |
| represented the monarchies in royal estates of the | | | | are the general requirements: |
| earlier eras. It has now transformed into real over | | | | -You must be at least 18 years old and a high school |
| time with monarchies coming down and economies | | | | graduate |
| presenting opportunities for everyone to own any | | | | -Must take a qualifying course of 30 hours |
| piece of property under the sun. This presented two | | | | -After passing, you must work as real estate sales |
| new lines of business: Real Estate Broking and Real | | | | person under a broker for one year in to be eligible |
| Estate Agency. | | | | to apply for a real estate agent's license |
| Just The Facts, Ma'am | | | | If you are knowledgeable about real estate |
| According to one estimate by "The Economist", real | | | | regulations and laws by having worked for a minimum |
| estate assets in the United States equal a whopping | | | | of 2 years for your employer, you can directly apply |
| $62 trillion, which is a big 54% of their entire asset | | | | for the license once you pass the examination |
| value. It may be hard to believe that the portion of | | | | required by the Secretary of State. |
| residential properties amounts to $48 trillion out of | | | | Additional knowledge and experience such as overall |
| that mind- blowing figure. This stands as a testimony | | | | economics and economic indicators, mathematics and |
| to the demand and supply of real estate assets and | | | | property law is also helpful. But what decides the |
| thus why real estate is such a high-growth field. | | | | success of your career is the good will you earn with |
| A total of $61 billion was paid in commission to real | | | | clients. You need to be gregarious, persistent and |
| estate brokers in 2004 alone. And a good part of this | | | | knowledgeable. |
| huge money goes to the licensed agents serving | | | | How much can you expect to earn? This is |
| them. | | | | subjective and there are major and minor aspects |
| Real Estate Business – No One Promised You | | | | that affect this. However, as a successful real estate |
| A Rose Garden | | | | agent you have a potential to earn anywhere from |
| If you are considering a career in real estate as an | | | | $54,000 to $75,000. There are agents who are |
| agent, it is wise to know the pitfalls before beginning. | | | | earning more than $100,000 a year, but these have |
| No agent these days can make it big by working only | | | | several years of experience under their belts. |
| on the weekends for a couple of hours. Since an | | | | The great thing about it is that your earning potential |
| agent is the face of a broker, and is required to split | | | | is limited only by your own abilities and the amount |
| the revenues with the broker, he needs to work full | | | | of work that you put in. So work hard for a few |
| time (and then some) in order to earn a good | | | | years and you can quickly find yourself among the |
| income. Getting sucked into the profession by looking | | | | top agents in your state! |
| at the successful and most visible agents alone would | | | | |