As a new Real Estate Salesperson, you will need to work under a “sponsoring broker.” Firstly, the brokerage you choose to align yourself with will be the foundation of your new business. Secondly, providing you with ongoing mentor-ship and the backing of it’s excellent community reputation. Here are 5 key characteristics of how to choose a good sponsoring broker, you should look for:

1. Commission Split

Most importantly, commission split percentages differ from broker to broker. Although this is important, remember not to base your entire decision off commission split. There are many other factors to consider. That being said, commission splits affect earning potential, making it an important factor. Make sure to be aware of what commission you should expect from your real estate sales. Or you can check the white label agent sponsorship, where you own your brand and the business. Also, as a white-label partner, you get to keep 100% of your commission.

2. ...

“Do I have what it takes to become a successful real estate agent?” That is an excellent question to explore before you invest time and money into your new career. Most importantly, here are successful traits of a real estate agent, do you have what it takes?

You Need to be a People-Person

For instance, real estate is not about selling or buying houses, it’s all about building relationships. People do business with people they know, like and trust. Above all, nobody cares what you know until they know that you care. This is the first successful trait of an agent that cannot be understood.

Business is Patience

To clarify, you must be able to be patient when working with clients and other agents. Some of your clients will take a long time to make a decision. Most importantly, you will need to help them through the process from the beginning to the end, moreover, regardless of how long it takes.

Key Traits is Maintaining a Positive Attitude

There will be slow months,...

Every two years, real estate salespeople and brokers are required to complete 22.5 hours of approved continuing education including at least 3 hours covering the topics of fair housing and/or discrimination and one hour of Law of Agency (two hours if it is the licensee’s first licensing cycle).  Beginning July 1, 2021 the Department of State will require that your 22.5 hours of continuing education will also include 2.5 hours of ethical business practices and at least 1 hour of recent legal matters governing the practice of real estate brokers and salespersons in New York. Staying compliant with continuing education for Brokers and Salesperson is the trick.

Also notable is that the Department of State will no longer recognize the 15-year real estate broker continuing education exemption.  Beginning July 1st, 2021 all brokers who are currently exempt will be required to complete continuing education. If the expiration date printed on your license is on or after July...

Artificial Intelligence (AI) has become a game-changer across various industries, and real estate is no exception. From streamlining operations to enhancing customer experiences, AI tools are revolutionizing the way real estate professionals conduct their businesses. Let's explore a comprehensive list of AI tools that can transform the real estate industry forever, empowering professionals with cutting-edge technology.

Property Listings with AI-Powered Copywriting:

In the fast-paced world of real estate, captivating property listings can make all the difference. Introducing a game-changing innovation: AI-Powered Copywriting for Property Listings. Imagine transforming mundane descriptions into compelling narratives that enthrall potential buyers, instantly sparking their interest in a property.

Stay ahead of the competition and harness the potential of AI to create property listings that stand out in a crowded market. Discover how this transformative tool is reshaping the future of...

How Much Does the Average Real Estate Salesperson Make in New York State?

According to careerexplorer.com, the average salary for a real estate agent in New York State is around $116,460 per year.  Obtaining your real estate license is quite quick and easy.  However, having a real estate license does not guarantee a high income.  Most importantly, as a salesperson, you are starting your Own business. Whether you make above or below the average salary will be entirely up to you.

Earning Potential is Directly Proportional to Dedication

Are you tired of the 9-5 grind and want the freedom to make your own schedule? Starting your own business, specifically in real estate, could be the answer you're looking for. Unlike traditional office jobs, real estate allows you to work on-the-go and with the flexibility to fit your own lifestyle.

But be warned, real estate isn't a guarantee for a set salary or hourly wage. Instead, your earnings are a direct reflection...

Becoming a Real Estate Broker

Some agents in the Real Estate industry take continuing education to meet a state minimum requirements. Then there are those who better equip themselves for change. Many have recognized in their own businesses that because of the lack of educational advancements in the real estate industry, there is significant room for career advancements. So many choose to go above and beyond to advance their own careers by attending every classroom opportunity. So the question remains, what does it take to become a Real Estate Broker? Opportunities to grow are all around you, all it takes is your willingness to take the first step!

Many students inquire on a regular basis on what it takes to become a real estate Broker in New York. Having completed such education is a prerequisite in this process to upgrade your license. When you upgrade your license to become a Broker in New York State, there are a few things you need to know.

Requirements

Must be at least...

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 do not get paid unless a house gets sold

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...

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.

Is becoming a real estate agent easy?

Nowadays, there are around 2 million registered real estate agents in the US with active licenses. 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...

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.

Remodeling For Resale

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...