• Post category:StudyBullet-13
  • Reading time:14 mins read


Start making a high income in your spare time or use your license to invest in real estate.

What you will learn

You will be able to understand how real estate sale work

You will be able to start working as a real estate agent once you pass the state exam

You will be able to prepare and submit an offer on a property

You will learn how to review specific documents including purchase contracts, addendum’s, and listing contracts

You will learn how to input a listing into the MLS

You will understand how to prepare a purchase contract

You will be able to complete an open house

You will learn how to search for homes on the MLS

You will learn how to find customers and keep them loyal to you

Description

Starting a profitable career as a real estate agent is a wise and very profitable decision that will have a significant effect on your financial future. Almost everyone buys a home at one point or another so why not be your own agent and make a commission along the way!

In this complete course, you’ll learn all of the skills necessary to become a profitable real estate agent. From how to prepare a purchase contract to submitting an offer and getting deals closed, these lectures are designed for any one who is interested in starting a career in real estate but need the knowledge and inside information to be a success right from the start.

The main benefits of this course and of being a Real Estate agent are:

– See a big jump in income even if you are just starting out

– Most starting real estate agents make $50,000 – $100,000 per year. Experienced real estate agents make $100,000 – $1,000,000+

– Have time and schedule flexibility

– Work when you want and take vacations when you want


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– Learn what it takes to close a real estate transaction

– Invest in real estate and make a great commission in the process

– Start a career that is profitable when the market is up and down

As a real estate agent, you will need to know how to prepare purchase contracts, addendum’s, and listing agreements. Thanks to technology the whole process has become much simpler by having customers esign all the documents, schedule showings on the MLS app, and entering homes you need to show via an electronic lock box. Making the most of technology will make your life easier and will allow you to close more deals in less time and with less paperwork.

The first section of this course will teach you: how to get started and will give you an overview of the entire process. You will learn how to do read and understand a purchase contract as well as prevent any issues you could possibly have. In the second section of this course, you will learn what you need to do to start a career as a real estate agent and how to choose the right company to work for.

In the end, you’ll have the tools you need to become a successful and profitable real estate agent. A course diploma will be available to you when all sections have been completed at 100% which you can save or print. For instructions on downloading your course diploma you can go to: https://support.udemy.com/hc/en-us/articles/229603868-Certificate-of-Completion

Joseph Correa is licensed real estate agent and the founder and CEO of Finibi Mortgage, a licensed mortgage brokerage business based out of Orlando, Florida. Having closed hundreds of real estate transactions, he has the knowledge and experience you need in an instructor that will help you to success as a real estate agent. Once you get started, contact him with any questions you may have.

English
language

Content

BECOME A REAL ESTATE AGENT

Why should you become a real estate agent?
Who should become a real estate agent?
What are the benefits of becoming a real estate agent
Is it profitable to become a real estate agent?
Instructor Background
What can I specialize in as a real estate agent?
Become the buyer and the real estate agent
Become the buyer, the real estate agent, and the loan officer

GETTING LICENSED

Real estate licensing requirements
Online vs In-class licensing course
Pre-licensing course exam
Real estate salesperson licensing “course” costs
Real estate licensing costs
Real estate licensing educational requirements
What will I be able to do once I get licensed?
How does the entire purchase process work?

HOW YOU WILL GET PAID

General compensation plans
100% commission split payment structure
90% commission structure
50% commission structure
What’s the difference between working with buyers vs sellers?
Listings are the name of the game
How can you make a 6% sales commission on a transaction?
How can you increase your profits by making even higher commissions?
Rental commissions
Working with rentals
What is a property management company?
Commercial real estate commissions
Which is better: residential or commercial real estate?
Business sales commissions
Business contracts
Business sales commission split

SPECIALIZING AND REFERRALS

Specializing: the secret to success
Always help your clients benefit from the transaction
How do referral fees work?
How are referrals paid?
Errors and omissions insurance
What are office fees?
Training and support
What are transaction fees?
What is an appraisal and when is it ordered?
What is a home inspection and when is it ordered?
What is a wind mitigation report?
What is homeowners insurance?
What are real estate property taxes?
What is the difference between a lock box and an elock box
Performing an open house
How to complete a commission disbursement or CD
How to get paid at closing

OVERCOMING COMMON PROBLEMS

Common problems and how to solve them: buyer is short on funds to close
Common problems and how to solve them: home does not appraise
Common problems and how to solve them: the home needs repairs
Common problems and how to solve them: seller will not accept the offer made
Common problems and how to solve them: buyer will not be closing on time
Common problems and how to solve them: buyers financing fell through
Common problems and how to solve them: seller needs to stay after closing
Common problems and how to solve them: seller has a lien on the property
Common problems and how to solve them: buyer can’t obtain insurance

IMPORTANT QUESTIONS AGENTS SHOULD BE ASKING THEMSELVES

What is an addendum to contract?
What is an HOA rider?
What is a lead based paint disclosure?
What is a wire fraud disclosure?
What is a buyers closing disclosure?
What are sellers disclosures?
What is a common disbursement authorization?
What is a settlement statement?

SUBMITTING AND EDITING LISTINGS

Completing listing agreements
Completing MLS listing input forms
MLS Residential listing input form
Basic MLS education requirements
The necessary steps in the listing process
Things to remember when entering and maintaining a listing on the MLS
MLS listing screen options
Listing tab summary
Community information
Driving directions
Getting an MLS listing number
Adding photos on a listing
Attaching documents to a listing
Add/edit listing status
“Save and incomplete” listing status
“Validate” listing status
“Cancel input” listing status
“Submit listing” listing status
Realtor information summary
Pending contract listing status change
Modifying a listing
Scheduling an open house in a listing
Entering Showtime information
Add/edit listing on the MLS
Listing agreement sample
Sellers real property disclosure statement

IMPORTANT TOPICS AS A REAL ESTATE AGENT

MLS overview
MLS search
Why not to include furniture on the purchase contract
The final walk through
Preparing for the closing
Closing gift
Asking for future referrals
Contacting your new referrals
What to expect at the closing
How to find more customers
How to make customers loyal to you
The best referral sources as a real estate agent

NEGOTIATING TERMS WITH BUYERS AND SELLERS

How to negotiate the sales price with the buyers realtor
How to negotiate purchase contract terms and conditions with the listing agent
Purchase contract and addendum

COMMISSIONS AND TAXES

Incorporating as an LLC to reduce your tax burden as a real estate agent
Common expenses that can be deducted to reduce your income taxes

INVESTING IN YOUR FUTURE

Plan for the future by investing in real estate as a real estate agent
Consider getting your brokers license in the future
Thank you