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Old 12-06-2017, 08:54 PM
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subzali subzali is offline
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Default Getting a real estate license?

Iíve kinda been wanting to get my real estate license for a while, and now may be a good time. Does anybody have recommendations on what program I could go through? Would like it to be mostly self-study if I can. Cost is around $1000? Any pointers to get started would be appreciated. Purpose would be mostly educating myself and possible future investing, not looking to switch careers per se.
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Old 12-07-2017, 06:26 AM
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You know there are recurring fees for MLS, license, etc and that you have to work under a broker for 2yrs, right? I was shocked how much cash it takes to be in it, at least as a career. I can put you in touch with my wife if you want to get particulars on training, as I only have second hand knowledge. She runs through tons of continuing education as well.
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Old 12-07-2017, 06:40 AM
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DaveInDenver DaveInDenver is offline
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Quote:
Originally Posted by OilHammer View Post
You know there are recurring fees for MLS, license, etc and that you have to work under a broker for 2yrs, right? I was shocked how much how much cash it takes to be in it, at least as a career. I can put you in touch with my wife if you want to get particulars on training, as I only have second hand knowledge. She runs through tons of continuing education as well.
None of this sounds any worse than getting our Professional Engineer licenses. Matt has to deal with DORA already. Although we don't yet have to do official continuing education, I think that is on the horizon.

I think you could learn a lot by being an intern under this guy.

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Old 12-07-2017, 08:28 AM
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subzali subzali is offline
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Quote:
Originally Posted by OilHammer View Post
You know there are recurring fees for MLS, license, etc and that you have to work under a broker for 2yrs, right? I was shocked how much how much cash it takes to be in it, at least as a career. I can put you in touch with my wife if you want to get particulars on training, as I only have second hand knowledge. She runs through tons of continuing education as well.

Some preliminary looking into it has indicated some of that, so thanks for confirming. Fees and continuing education donít bother me too much.

Do I need to have a sponsoring broker just to take the classes, learn the material, and take the exam?
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TLCA# 13684
1977 FJ40 2F "Brahma" + Lockright, tach, Warn 8274, FJ60 Power Steering, no more Sanden OBA (factory emissions), so Puma OBA
1996 FZJ80 1FZ-FE factory lockers + Safari intercooled turbo, Warn M12000, OEM CDL switch, cup holder, and hand throttle, Metric TLC leather, heated seats, JDM switches, Puma OBA
2000 Tundra Limited TRD 2UZ-FE SOLD
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Old 12-08-2017, 05:59 AM
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Nope. You will be hounded by brokerages during/after your class to join their team.
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2003 100 OME lift
1974V8J40, 1992FJ80, 1985FJ60, 1971FJ55, 1978FJ40, 1974FJ40, 1997 LX450 all long gone.
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Old 12-08-2017, 08:55 AM
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Cocarlisle Cocarlisle is offline
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If you are going to sell homes as a career get with a company that has a good training program and a good atmosphere where everyone is encouraged to help
And HELP your clients
I have been working with realtors for 18 years and 85% don't really know what they or doing or do not help their clients
They just kind of follow them around and let them make a decisions
My .02
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Old 12-08-2017, 10:18 AM
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Were you looking at learning the industry for commercial or residential Matt?
You mentioned "for investment" and that's an odd reason to get in. Frankly, unless you are a realtor as a career, I think you would be far better served in your investment to use a broker who knows an area VERY well. They'll know about all sorts of issues that you may not find when casually looking. 3% is nothing compared to buying a house and finding out you don't have an access easement! (We have a friend that bought a second property and that happened to him. He didn't use an agent)
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1978 13BT-40, 70 series mechanicals
1966 FJ45 lwb stock
2003 100 OME lift
1974V8J40, 1992FJ80, 1985FJ60, 1971FJ55, 1978FJ40, 1974FJ40, 1997 LX450 all long gone.
KD0PZL
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Old 12-08-2017, 10:57 AM
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I don't have a lot of experience but buying and selling 3 houses now but any future transactions we'll just hire Daniel Markofsky (or someone he recommends) for the paperwork and deal with the rest ourselves. So far the only real reason we can see to having a realtor has been is gaining access to houses.
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Old 12-08-2017, 09:39 PM
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subzali subzali is offline
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Quote:
Originally Posted by OilHammer View Post
Were you looking at learning the industry for commercial or residential Matt?
You mentioned "for investment" and that's an odd reason to get in. Frankly, unless you are a realtor as a career, I think you would be far better served in your investment to use a broker who knows an area VERY well. They'll know about all sorts of issues that you may not find when casually looking. 3% is nothing compared to buying a house and finding out you don't have an access easement! (We have a friend that bought a second property and that happened to him. He didn't use an agent)

Thinking residential, at least to start.

There are several reasons I could state.

-Iíve been interested for a while.
-Iíd like to at least have the same formal education as any real estate agent I may hire. I feel like it could help me cut through any BS.
-my FIL has kept his since the 70s, even though he is not active lately, and has been encouraging me for years to get it. I get what youíre saying about a broker, and agree, but would like to have my options open.

Generally, more knowledge isnít a bad thing. Seems like going through a realtor program is going to maybe be the most concise and professional approach as opposed to reading a bunch of self-help books that can only be general and may not cover state-specific requirements.

So is it like a Ham license, where I can self study and take the exam? Or is like an engineering license, where I have to go to an accredited school and pass an exam? It seems like the latter, just trying to figure out what school might be recommended and would offer a flexible program.
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Matt Miller
TLCA# 13684
1977 FJ40 2F "Brahma" + Lockright, tach, Warn 8274, FJ60 Power Steering, no more Sanden OBA (factory emissions), so Puma OBA
1996 FZJ80 1FZ-FE factory lockers + Safari intercooled turbo, Warn M12000, OEM CDL switch, cup holder, and hand throttle, Metric TLC leather, heated seats, JDM switches, Puma OBA
2000 Tundra Limited TRD 2UZ-FE SOLD
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Old 12-09-2017, 12:58 PM
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LARGEONE LARGEONE is offline
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Matt...I believe you can also get all of the materials used for the class and self study? I would love to have this knowledge as well without having all the requirements of actually being a realtor. However, I think most of the true realtor training occurs during the mentorship period at a legit firm. Learning the laws, etc is only a small portion of the real estate training from what I understand.
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