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I'm going to go to school for a Real Estate lisc.

 
cosmic yo yo
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User ID: 794197
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11/23/2009 09:22 PM
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I'm going to go to school for a Real Estate lisc.
Any advice? Good idea or bad? The market has to come back sometime.

The class is $400.00. Then I take my state test. The book work looks easy.

I'm not crazy about paying the $1500.00 to start. They tell me when I find a broker the fee will come out of my first sale.

Your thoughts.
cosmic yo yo  (OP)

User ID: 794197
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11/23/2009 09:26 PM
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Re: I'm going to go to school for a Real Estate lisc.
Any realtors out there? Can I make money my first year. I intend to keep my present job along with it.

I'm thinking about Remax.


Do you have to be in the bus. for 5 years before you can get a brokers lisc?

One class is offered at the community col. My second choice is a 7 day 40 hour class. What is the best choice?

Last Edited by cosmic yo yo on 11/23/2009 09:29 PM
Anonymous Coward
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11/23/2009 09:28 PM
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Re: I'm going to go to school for a Real Estate lisc.
No advise, but good luck!
Grendelmort

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11/23/2009 09:28 PM
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Re: I'm going to go to school for a Real Estate lisc.
You might want to re-think that and get certified as a building / home inspector. When they pass the "Crap and Scharade" tax thats where the money will be made because all homes will require a YEARLY inspection for "carbon" compliance at about $200.00 a pop !
And don't think for a second that TPTB will let this "climate gate" e-mail mess stand in their way !

Just my 1/2 cent due to the de-valued dollar.
"God sent me to piss the world off"
cosmic yo yo  (OP)

User ID: 794197
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11/23/2009 09:30 PM
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Re: I'm going to go to school for a Real Estate lisc.
You might want to re-think that and get certified as a building / home inspector. When they pass the "Crap and Scharade" tax thats where the money will be made because all homes will require a YEARLY inspection for "carbon" compliance at about $200.00 a pop !
And don't think for a second that TPTB will let this "climate gate" e-mail mess stand in their way !

Just my 1/2 cent due to the de-valued dollar.
 Quoting: Grendelmort


When is this due to start?
cosmic yo yo  (OP)

User ID: 794197
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11/23/2009 09:30 PM
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Re: I'm going to go to school for a Real Estate lisc.
No advise, but good luck!
 Quoting: Turtles Know


Thanks hf
Anonymous Coward
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11/23/2009 09:30 PM
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Re: I'm going to go to school for a Real Estate lisc.
Uhh, good luck with that.
malu

User ID: 800077
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11/23/2009 09:30 PM
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Re: I'm going to go to school for a Real Estate lisc.
remax is good, but aren't you in michigan? every long time realtor i know is hurting, many are looking for other things to do.
they are telling me it will be five or more years before it begins to change. although houses are selling, the best agents have those homes.

where i see growth right now is in helping people fix up the homes they have. i refinish hardwood floors
"By way of deception, thou shalt do war."

Israel's Mossad

"The truth shall set you free."

U.S. Central Intelligence Agency Motto
Anonymous Coward
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11/23/2009 09:32 PM
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Re: I'm going to go to school for a Real Estate lisc.
Doing this while the housing market is in the shitter?
Grendelmort

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11/23/2009 09:32 PM
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Re: I'm going to go to school for a Real Estate lisc.
When is this due to start?
 Quoting: cosmic yo yo


Just google "Cap and Trade Bill" - probably about 2012 if the bill passes.
"God sent me to piss the world off"
tungfumastR NLI
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11/23/2009 09:33 PM
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Re: I'm going to go to school for a Real Estate lisc.
You're a little slow on the uptake, aren't you?
cosmic yo yo  (OP)

User ID: 794197
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11/23/2009 09:35 PM
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Re: I'm going to go to school for a Real Estate lisc.
remax is good, but aren't you in michigan? every long time realtor i know is hurting, many are looking for other things to do.
they are telling me it will be five or more years before it begins to change. although houses are selling, the best agents have those homes.

where i see growth right now is in helping people fix up the homes they have. i refinish hardwood floors
 Quoting: malu


Yes I'm from Michigan. Not to far from you if I am correct.
Real Estate has always interested me.

I'm worried it may be a bad investment at this time.
It takes some money to get into the field.
cosmic yo yo  (OP)

User ID: 794197
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11/23/2009 09:38 PM
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Re: I'm going to go to school for a Real Estate lisc.
You're a little slow on the uptake, aren't you?
 Quoting: tungfumastR NLI 519387


That is why I thought of getting in now before the market comes back and is flooded with new agents.

I know it is a bad market, but homes are selling.
malu

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11/23/2009 09:38 PM
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Re: I'm going to go to school for a Real Estate lisc.
Doing this while the housing market is in the shitter?
 Quoting: Anonymous Coward 496147


and doing it while things are great has its downside as well, as everyone is doing the same thing


i am in spring lake/grand haven, pretty damn nice place to live, imho, and things are very slow

look into buying foreclosed homes and slowly fix it up. rents are still normal around here
"By way of deception, thou shalt do war."

Israel's Mossad

"The truth shall set you free."

U.S. Central Intelligence Agency Motto
cosmic yo yo  (OP)

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11/23/2009 09:40 PM
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Re: I'm going to go to school for a Real Estate lisc.
say you sell 5 homes in your first year at sixty-thousand with a 5% commission.... Not bad money.

Yes I would have to keep a second job for the first year or so, but it would be extra income.

I'm all about making the money :)

Last Edited by cosmic yo yo on 11/23/2009 09:41 PM
Anonymous Coward
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11/23/2009 09:41 PM
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Re: I'm going to go to school for a Real Estate lisc.
you are about 10 years too late
cosmic yo yo  (OP)

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11/23/2009 09:43 PM
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Re: I'm going to go to school for a Real Estate lisc.
Doing this while the housing market is in the shitter?


and doing it while things are great has its downside as well, as everyone is doing the same thing


i am in spring lake/grand haven, pretty damn nice place to live, imho, and things are very slow

look into buying foreclosed homes and slowly fix it up. rents are still normal around here
 Quoting: malu


I almost bought a home in Grand Haven, but found a bank repo elswhere. Got a great deal on it. I love my house.
cosmic yo yo  (OP)

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11/23/2009 09:44 PM
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Re: I'm going to go to school for a Real Estate lisc.
you are about 10 years too late
 Quoting: Anonymous Coward 819486


Thanks for the honesty. I need to see each side of the coin.

I have a friend that wants to take the class with me.

Last Edited by cosmic yo yo on 11/23/2009 09:45 PM
Anonymous Coward
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11/23/2009 09:49 PM
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Re: I'm going to go to school for a Real Estate lisc.
it's only $400. you'll learn something new. worst case
scenario.
cosmic yo yo  (OP)

User ID: 794197
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11/23/2009 09:51 PM
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Re: I'm going to go to school for a Real Estate lisc.
it's only $400. you'll learn something new. worst case
scenario.
 Quoting: Anonymous Coward 761652


That is what I thought too. Education is education. :)

Last Edited by cosmic yo yo on 11/23/2009 09:51 PM
ATE
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11/23/2009 09:53 PM
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Re: I'm going to go to school for a Real Estate lisc.
Hey, maybe you should start up a DOT.COM company as well!
cosmic yo yo  (OP)

User ID: 794197
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11/23/2009 09:55 PM
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Re: I'm going to go to school for a Real Estate lisc.
Hey, maybe you should start up a DOT.COM company as well!
 Quoting: ATE 772524



Hmmmm, and what would that be?
ATE
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11/23/2009 09:58 PM
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Re: I'm going to go to school for a Real Estate lisc.
Hey, maybe you should start up a DOT.COM company as well!



Hmmmm, and what would that be?
 Quoting: cosmic yo yo


How about a website to help find jobs for real estate agents!
cosmic yo yo  (OP)

User ID: 794197
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11/23/2009 09:59 PM
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Re: I'm going to go to school for a Real Estate lisc.
Hey, maybe you should start up a DOT.COM company as well!



Hmmmm, and what would that be?


How about a website to help find jobs for real estate agents!
 Quoting: ATE 772524


LOL, are you an agent?
ATE
User ID: 772524
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11/23/2009 10:03 PM
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Re: I'm going to go to school for a Real Estate lisc.
Hey, maybe you should start up a DOT.COM company as well!



Hmmmm, and what would that be?


How about a website to help find jobs for real estate agents!


LOL, are you an agent?
 Quoting: cosmic yo yo


no, I'm just your average out work construction worker.
cosmic yo yo  (OP)

User ID: 794197
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11/23/2009 10:05 PM
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Re: I'm going to go to school for a Real Estate lisc.
Hey, maybe you should start up a DOT.COM company as well!



Hmmmm, and what would that be?


How about a website to help find jobs for real estate agents!


LOL, are you an agent?


no, I'm just your average out work construction worker.
 Quoting: ATE 772524


Nothing wrong with that. You build it, I'll sell it!!
Ex- Realtor
User ID: 512476
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11/23/2009 10:30 PM
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Re: I'm going to go to school for a Real Estate lisc.
The $400 out of your pocket is only the beginning - and what you learn there is about a bunch of laws and names of things, Nothing about actually selling Real Estate,


Then, depending on which Agency you go with...there will be many other fees...most monthly...some more frequent, Never mind the higher car insurance you will have to carry in order to cart possible clients around.

In this kind of market what the Agencies are looking for are new blood, Meaning they only want you there to sell houses of those you know.

If you know a lot of people this may work for you.

Also, don't sign any contract with any Agency that does not allow you to leave, Some put a monetary figure (can be thousands) if you decide to leave and try another Agency within a year...or other stipulated time.
Cy Kotic

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11/23/2009 10:46 PM
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Re: I'm going to go to school for a Real Estate lisc.
You're a little slow on the uptake, aren't you?


That is why I thought of getting in now before the market comes back and is flooded with new agents.

I know it is a bad market, but homes are selling.
 Quoting: cosmic yo yo


Only the experienced agents with some money saved are making it in RE today, at least in my state. I now see many ex agents from my town working in Home Depot or Lowe's
I'm just another freak in this never-ending cosmic freak show





GLP