Each state has different requirements that one must fulfill before getting a license. For example, in Texas, one may take the required pre-licensure courses online (210 hours must be completed prior to taking the exam), but the actual licensing exam must be taken at an authorized testing center. Upon obtaining one's license in Texas, a 30 hour SAE course must be taken each year for the first 3 years of licensure and after that, a 15 hour MCE course must be completed once every 2 years from that point forward. Incidentally, the Texas exam is reported to be one of the hardest in the country, along with the Florida exam.
As real estate is based on referral and repeat business, the first year is the hardest, so anyone who works full time at another job will have a difficult first year in real estate, as he/she cannot devote full attention to being an agent due to having another job.
Real estate is a very expensive industry to work in. So be prepared to be nickeled and dimed.
You can get a part time job in Real Estate but it is really hard to do, given the demands of the clients and customers for service. You could partner up with a full time licensee that will assist you in the servicing of your clients and customers and you share on the commissions or you have a referral fee agreement. You will need to meet your state's education requirements and pass the school's tests and State and National Exams.
It is very leaning intensive business but it sure is fun if you like people.
I agree that real estate is very hard to do part time. Each state has different requirements and classroom hours and tests. The test in our state was fairly difficult(Ohio). Once you get the license though, you only have to taking some continuing education to keep your license.
I completely agree with wanting to invest your money. Afterall, what's the point of making money if you can't make more money with your money (got that?)? Anyway, I've tried all different investments from stocks and bonds to IRA's, 401k's, and real estate. I'm really a big fan of diversification.
However, the only investment I've really been happy with so far is real estate. Over the past 5 years, I've bought 3 different properties (all have tenants, and I'm making more than the mortgage payments on 2 properties).
The 3rd property I got was using Carleton Sheets no money down methodology (he's a GURU in real estate, and yes, his methods do work!). You can actually buy a property for absolutely nothing down (NO MONEY FROM YOUR OWN POCKET). I payed over $500 for his course 3 years ago, and I just saw it online for $9.95!!!! This is a steal at $9.95 (I'm actually going to buy it for my friends for Christmas). It was featured on TV, so I got the website from there.
Real Esate School. Yes you can they are online courses you can take while your working. You need to search on google or ask.com for Real Estate Classes. Best of luck!
If you're in the USA, unless you know what you are doing, know where to invest, have a lot of money and can afford to lose it, now is a bad time. If all of the above apply to your case, it's possible to manage it while working full time. Just don't get yourself involved in a time-demanding project, like major renovations, etc.
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Since you did not indicate which state you live in, this website provides links to each state: http://www.mortgagenewsdaily.com/Real_Estate_Licen...
Each state has different requirements that one must fulfill before getting a license. For example, in Texas, one may take the required pre-licensure courses online (210 hours must be completed prior to taking the exam), but the actual licensing exam must be taken at an authorized testing center. Upon obtaining one's license in Texas, a 30 hour SAE course must be taken each year for the first 3 years of licensure and after that, a 15 hour MCE course must be completed once every 2 years from that point forward. Incidentally, the Texas exam is reported to be one of the hardest in the country, along with the Florida exam.
As real estate is based on referral and repeat business, the first year is the hardest, so anyone who works full time at another job will have a difficult first year in real estate, as he/she cannot devote full attention to being an agent due to having another job.
Real estate is a very expensive industry to work in. So be prepared to be nickeled and dimed.
You can get a part time job in Real Estate but it is really hard to do, given the demands of the clients and customers for service. You could partner up with a full time licensee that will assist you in the servicing of your clients and customers and you share on the commissions or you have a referral fee agreement. You will need to meet your state's education requirements and pass the school's tests and State and National Exams.
It is very leaning intensive business but it sure is fun if you like people.
Buena Suerte
I agree that real estate is very hard to do part time. Each state has different requirements and classroom hours and tests. The test in our state was fairly difficult(Ohio). Once you get the license though, you only have to taking some continuing education to keep your license.
Hello,
I completely agree with wanting to invest your money. Afterall, what's the point of making money if you can't make more money with your money (got that?)? Anyway, I've tried all different investments from stocks and bonds to IRA's, 401k's, and real estate. I'm really a big fan of diversification.
However, the only investment I've really been happy with so far is real estate. Over the past 5 years, I've bought 3 different properties (all have tenants, and I'm making more than the mortgage payments on 2 properties).
The 3rd property I got was using Carleton Sheets no money down methodology (he's a GURU in real estate, and yes, his methods do work!). You can actually buy a property for absolutely nothing down (NO MONEY FROM YOUR OWN POCKET). I payed over $500 for his course 3 years ago, and I just saw it online for $9.95!!!! This is a steal at $9.95 (I'm actually going to buy it for my friends for Christmas). It was featured on TV, so I got the website from there.
Before you invest in anything, I highly suggest the Carleton sheets course. http://www.alllsite.info/real-estate.php
Real Esate School. Yes you can they are online courses you can take while your working. You need to search on google or ask.com for Real Estate Classes. Best of luck!
If you're in the USA, unless you know what you are doing, know where to invest, have a lot of money and can afford to lose it, now is a bad time. If all of the above apply to your case, it's possible to manage it while working full time. Just don't get yourself involved in a time-demanding project, like major renovations, etc.
Start with the 60 hour class, and pass your exam. Then you let all your friends and family know what you are doing.