We see many students come through our school, many already have a sponsoring Broker and other's do not. We recommend those who do not, talk to as many as you can before you make the decision, in fact this should be the least of your worries while contemplating this new career in Real Estate? There is way more than choosing the right Broker.
One of the first things you need to realize when getting into real estate, you are not starting a new job. You are starting a new business. There is a big difference!
You may go months with out seeing a paycheck. creating a budget can be challenging. In the corporate world you know exactly what day you will get paid and how often. As a real estate agent you will not know for sure when the next commission check will come in. However, you do not need to worry about the company cutting cost and reducing your hours or being laid off.
You would have to fire yourself. In the corporate world you...
If you have let your Real Estate license expire, you are not alone! The Manfred School has been a source of education and guidance for many people who have allowed their license to expire over the years.
There are so many different reasons why licenses expire. There are even more reasons to get back in the game, especially now! We understand, life happens! That is why we are dedicated to equipping you with the correct information and the right education to make your comeback!
Despite the corona-virus crisis and headlines in the news the real estate market continues to be cyclical roller coaster, what part of the movie do you want come in at? There will always be people looking to buy and sell homes. One way to ensure a steady income and flourishing career is to become an expert in an industry that will never fade away. Real Estate is not just a fad. It is here to stay and in some...
In the last two years, so many changes have occurred in the New York real estate continuing education requirements. Most recently, on December 21st, Governor Kathy Hochul signed a series of new Fair Housing bills into law. Including additional required continuing education topics for the real estate salesperson and broker licensee.
As of July 1, 2021, all licensees must successfully complete 22.5 hours of approved continuing education. It must include at least 2.5 hours of ethical business practices or NAR Code of Ethics. At least 1 hour of recent legal matters and at least 3 hours pertaining to fair housing and/or discrimination in the sale or rental of real property or an interest in real property. At least 1 hour pertaining to the law of agency except in the case of the initial two-year licensing term for real estate salespersons. If it’s your first renewal cycle 2 hours pertaining to the law of agency must...
Eager to find a new occupation or a part-time job? A career in real estate might just be the solution to all of your problems. Many people in the US are interested in finding a job that can be financially rewarding, has flexible working hours, and lets you hone your social skills. Yet, keep in mind that becoming a real estate agent has its own set of challenges. What you should think about when considering the following burning question – is a career in real estate right for you? Read on to find out.
Nowadays, there are around 2 million registered real estate agents in the US with What’s more, in comparison to other professions with similar earning potential, the preparations you have to go through to become a real estate agent are relatively simple. Particularly when you consider that you are essentially in charge of the amount of time you work and who you work with.
So, the perks of being...
Every real estate agent must work under a sponsoring broker to maintain a Real Estate Salesperson License in NY. Finding the right broker for you is very important. You want to choose a broker that you are comfortable with and can mentor you. Do not base choosing a broker solely on the commission split. Obviously, that is an important factor but 100% of nothing sold is $0.00.
As a new agent, you are going to need training, mentoring, support, and a company that is willing to stand beside you and your goals. You have a lot of choices. Do your homework. Interview with brokers. Different real estate agents have different goals and personalities so do not choose a broker just because you personally know someone who works there. What is a good fit for them, may not be a good fit for you. All Brokerages WANT you. Keep in mind, this is not your typical job interview. You are interviewing them and they will tell you why you should join their team. If you were hiring...
Real estate is a career that has unlimited potential but your reputation and how you represent yourself online is your greatest asset as your starting out. A common misconception is that a new agent only needs licensing education in order to be successful. The truth is, there are strict limitations on what can and cannot be taught in a licensing course. Here are 5 easy ways to increase your online presence in real estate, especially for the newer agent.
Your reputation isn’t just built by word-of-mouth anymore — potential clients are often checking you out online before they even get in touch with you. They’ll look at your social media profiles, new listing, reviews and other places. Where your name appears on the Internet to get a full sense of your social profile.
Clients are particular about their real estate agents, which makes sense—they’re about to make a costly and potentially life-changing investment. What’s...
Ethics and fair housing are two of the most important issues will face in your real estate career. The Ethical Agent Always Wins! Although ethics, as a philosophical discipline, is a vast topic, in the simplest sense, ethical behavior can be thought of as nothing more than doing the right thing, behaving with integrity, treating people fairly, evaluating a situation and choosing the moral path, even if that path is not the easiest one to follow.
In fact, all of these...
Making changes to your home can be a lot of fun. It’s enjoyable transforming an old room into one that’s modern and exciting. Besides being entertaining, home improvements can really help when it’s time to move. Not only can they entice buyers into making an offer, they can earn you more money. It’s the improvements that help sell your house for more money.
However, not every remodeling project helps you financially. Read on for some tips on picking the right project, including how to avoid some common home improvement scams.
If you are hoping to raise your home’s sale price, then there are some home improvements to avoid. As CNBC explains, most projects directed to your particular tastes will not translate into added value. That’s because not everyone shares your passions. For example, you might love having a home gym or a home recording studio, but that’s not always popular with potential buyers. To...
There are many reasons why you might find yourself tempted to expand your business to a different state. However, possibly different laws and the fear of starting from scratch can make this a daunting task. To help you along, we have decided to explain how to get a real estate license in multiple states.
Let us first discuss the states which, interestingly enough, do not require you to get a real estate license. Tied into this is the concept of ‘portability.’ Meaning the extent to which your current license will allow you to be acknowledged as a proper real estate agent and work in the state freely. You will find portability particularly useful when working with or for a client not from your state or looking to move somewhere. However, know that portability will not allow you to set up your own business anywhere in the other state.
This is an interesting one. The state technically acknowledges your status as a...
Being a real estate agent can be a rewarding job. It isn’t easy to start, and it certainly isn’t easy
to become the best. However, knowing the most common mistakes real estate agents
make might help you get off to a solid start in your real estate career. Knowing these mistakes
from the beginning and learning how to avoid them will take you higher in your career and much
faster. So keep reading to find out how you can start on the right foot.
Success doesn’t come that fast and that easily. Real estate is a growing profession that requires time, patience, and dedication. And if you are just starting your career in real estate, it’s
impossible to have all the knowledge that comes with experience. However, if you have
perseverance and are hard-working, you might become successful from your first year. Therefore, take your new job seriously and commit to it.
Try to keep a strict schedule and don’t make too many compromises....