Real Estate Opportunities Abound in Today’s Economy.

How does someone become a real estate agent?

November 10th, 2008 Joe
real estate
krstn asked:


I have been in sales for 5 years and am curious how to switch to becoming a real estate agent? How long does it take before you start to earn money? All commission based? Weekends involved? What is the best agency to work for?
Southeastern Michigan. What’s the earning potential?

Broderick

What is the easiest way to learn on Real Estate?

November 10th, 2008 Joe
real estate
Saint asked:


Because when i hear about Real Estate sometimes, i be thinking if it’s hard to do real estate and how hard it is to learn Real Estate.

Eaton

How often do people go to a real estate company for rentals?

November 9th, 2008 Joe
real estate
Melissa T asked:


I am currently in real estate and am considering specializing in rentals. I wanted to know how often people go to a real estate company for rentals.
I am in Southern, NJ

Kerry

Myths About Real Estate Agents

November 8th, 2008 Joe
real estate
Escapeso Austin Real Estate asked:


There are some myths about real estate agents, many of which are not so flattering. But when it comes down to it, real estate agents are not too out there, and there is a logical explanation to each misconception. Let’s straighten out a couple myths and facts.

Myth #1: They have big hair.

Fact: Though occasionally real estate agents do have big hair, most are regular people who get up in the morning just like you do, and go to work just like you do. Many real estate agents, in fact, are going bald due to stress related hair loss. Same with the fancy dagger-shaped manicures; in actuality, many real estate agents have bitten their nails down to nubs.

Myth #2: Real Estate Agents drive luxury cars while talking on their cell phones.

Fact: Itâ??s true that real estate agents are often trying to do too many things at once, but they like to be careful about it. And though real estate agents would like to make a good impression on you, more often than not they drive Hondas and Toyotas and hope that their hard work will sell you, not their Lexus.

Myth #3: Real Estate Agents know your area.

Fact: Just like normal people, real estate agents canâ??t know everything. Though they do spend a lot of time driving around town, they canâ??t be in all places at once, and they themselves probably have preferences for one neighborhood versus another. Make it clear to your realtor what kind of area you want to live in, and they can help you look within that section of town.

Myth #4: Real Estate Agents live outside of time.

Fact: Real estate agents have lives too, and those lives happen to take place in the same physical realm as yours does. While it might seem like they spend a strangely disproportionate chunk of time speaking with you, they are actually trying to be as time-conscious as possible, so that you can move more quickly into your home and they can move more quickly to helping their next client.

Myth #5: Real Estate Agents just want your money.

Fact: What real estate agents actually want is an easy life. They want to help you find a home you love, and they want to make their (often small) bit of commission off of it (and thatâ??s off the sale, not out of your pocket). They do not want your soul or your firstborn, just some patience, consideration, and a positive home-buying experience for all.



Hartley

If I claim to be a real estate professional for tax purposes, is my income subject to FICA?

November 6th, 2008 Joe
real estate
capn bob asked:


I qualify as a real estate professional for tax purposes. I own and manage over 25 rental properties. I have not claimed that status in the past. I have recently married and my husband has retirement and investment income in excess of the maximum income amount allowed under the passive activity rules. If I make a profit from my investments, am I subject to FICA taxes on that income? Is there a downside to claiming real estate professional status?

Willard

Can I add real estate listings from local realestate websites to my Classified Ads site i’m starting?

November 5th, 2008 Joe
real estate
Cody asked:


I’m starting a classified ads website and i’m wondering if I can add listings that local real estate companies have listed on there website to my “real estate” portion of my local classified ads website?

I’m planning on putting all the information up on who to contact in regards to the listing.

Dennis

How/where to deduct real estate training fees on taxes?

November 2nd, 2008 Joe
real estate
DJP asked:


I plan on getting a real estate license for the education and qualification when managing my private real estate investment career.

Where/how do I deduct these costs on my taxes? Eventually I’ll set up a real estate company where I could deduct them, but that won’t be set up for a while.

Thanks.

Denley

How to get a California real estate license?

November 2nd, 2008 Joe
real estate
River C asked:


I am thinking of getting a CA real estate license. I have never worked in real estate. I live in the Silicon Valley (bay area) of California. I am looking for a cheap and fast way of getting a license. I prefer taking real classes (instead of online classes). Please tell me who in San Jose area is giving these classes for cheap and when. I have time in June and July to take classes. I want to have my independent license, so that I can decide who I work for after I get the license.

Harris

Affordable Homes And Real Estate In U.S. College Football Towns

November 1st, 2008 Joe
real estate
Real Estate Advisor asked:


Often with financial help from parents, some college-age students choose to purchase homes or condos in communities where they attend college. This option allows students to live in a property that is usually more spacious and comfortable than typical dormitory-style rooms. For students who value attending a college with a large football program, affordable real estate may be an important criterion when selecting a college or university.

Coldwell Banker, a real estate firm, conducted a recent survey to identify the most affordable college football towns. The survey compared the average price of a single- family home with 2200 square feet, 4 bedrooms, 2

Titus