October 21, 2008
Real Estate Agents. Please Give Someone Just Starting Out Some Advise That You Wish You Knew?
LinkTheWorld asked:
I am 25 years old and just getting in to real estate down in Florida. I just passed my exam.....ok....this is great.....now what?
I am 25 years old and just getting in to real estate down in Florida. I just passed my exam.....ok....this is great.....now what?
Any advise you wish you knew at this stage?
I didnt say I was hired.... I said I have my license. I dont want to work for a broker I want to make money on my own.
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 Mobile home adult community Vero Beach Florida 55 US $2,700.00 |
 2BR Marriotts Royal Palms Timeshare Orlando Florida US $100.00 |
 FLORIDA 2006 Lehigh Acres 3 2 2 NEVER LIVED IN US $54,500.00 |
 31 AC CENTRAL FLORIDADIRT ROADSDISNEY BEACH NEAR US $202.50 |
 2 BR ORLANDO Florida RED WEEK Disney TIMESHARE DEED US $297.00 |
 Wyndham 168K POINTS Five Star SOUTH FLORIDA Timeshare US $297.00 |
 WALT DISNEY WORLD Five Star ORLANDO Florida Timeshare US $97.00 |
 Wyndham 154K POINTS Pompano Beach FLORIDA Timeshare US $597.00 |
 Florida KEY LARGO Red Week BAY VIEW Timeshare DEED US $1.00 |
 2 BR ORLANDO Disney FLORIDA Lakefront TIMESHARE Deed US $97.00 |
 2BR SHERATON VISTANA Disney FIVE STAR Florida TIMESHARE US $1.00 |
 WATERFRONT PORT CHARLOTTE PUNTA GORDA FLORIDA LOT LAND US $10,500.00 |
 3 BR Lockoff DISNEY Orlando FLORIDA Red Week TIMESHARE US $1,297.00 |
 2 BR Gold Crown FLORIDA Daytona OCEANFRONT Timeshare US $1,797.00 |
 2BR MIAMI Red Week BEACH Lauderdale FLORIDA Timeshare US $297.00 |
 60K RCI Points FLORIDA Gold Crown DISNEY Timeshare DEED US $1.00 |
 WESTGATE ORLANDO II FLORIDA TIMESHARE DISNEY LAKE GOLF US $.25 |
 Florida GoldCrown 168K Wyndham Points Timeshare 4 Sale US $100.99 |
 Palm Beach FLORIDA Gold Crown 2BR LockOFF RED Timeshare US $1.00 |
 Wyndham SOUTH FLORIDA Beach GOLD CROWN Timeshare DEED US $97.00 |
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Comments on Real Estate Agents. Please Give Someone Just Starting Out Some Advise That You Wish You Knew?
You really should be looking to your broker for guidance, he will know not only the laws where you are working, but how hte social networks operate.
First, get into business with a reputable broker. ERA, Century 21, Coldwell Banker to name a few are the nationwide, sometimes worldwide brokers that know the business.
Focus on the expired and withdrawn listings. Another place to focus your time is the FOBO’s. Not for the listing, but for when they buy their next property. If you’re lucky, they’ll consider you for the listing, but don’t even mention it until they do.
if you want to do anything with your license, the law is clear; you must
PLACE your license with a broker.
Why? Because someone with
“extensive” experience and training, etc, has to be held accountable.
Brokers satisfy that requirement.
–in fact, whether you are Placing
your license with a broker or not
you must state in all contracts that
you are also a licensed RE agent.
you can choose to deal in buyer’s
or seller’s agency, in
residential or commercial or business brokerage…….or all of them.
YOU may not PRACTICE real estate
till your license is placed–but you
may earn money in RE buy buying
for yourself.
[you did not need a license for that.]
I can guide you further if desired.
am on the other side of the country.
OOPS, problem. In MOST states, you cannot practice real estate without hanging your license with someone for at least a few years.
In my real estate course, this was covered thoroughly.
Maybe Florida will allow you to go on your own and be a sole proprietor with a shiny new license, but you don’t want to do that. There are so many liabilities and ways to get yourself into trouble, you want to study under a good principal broker before you set up your own shop.