Hi,
Seems like from your questions you have delusions about real estate most likely from watching TV. Let me set you straight without being rude or discouraging. You need to watch your spelling, it will make you look more professional and don't blame it on sleep. When you're done writing just copy and paste it into your email program, use spell check, recopy it, paste it back into forum and submit. As far as your questions, you aren't just going to break in the high end market and make big commissions right away. You have to work your way up, like anything else in life. In the beginning have 3 to 6 months saved for your living expenses. It will be very hard to break in to real estate full time while working somewhere else full time. So you'll need to be working part time or not at all. It will take a while to make a living from real estate. After you start making a living you can set your goals higher. Another thing is that you will also have a lot of costs to start in real estate, since you are basically working for yourself. You will have to pay for a required 63 hour course either online or at a school, cost $125 on up. You'll need to register with the state to take the test another $100+, electronic fingerprints $56+, $32 to take lic. test. Then you'll have to get with a good broker. Do your research. Also if you want to get in high end homes, pick a broker that deals more in that market. You want a broker that is close to you to save gas and time and best that they are in the same county as you if you live near a county line. Brokers can give your commission split of anywhere from 32% all the way up to 85%. Be very careful with this, their is no reason to give a broker 68% when you can give a broker 15 to 30% for the same training and help. Not only do you have to decide on the real estate company you want to work under, but you need to pick the broker that owns that franchise because they will have different fees and commission splits, rules, styles and productivity or you can go with a local company. After picking the broker now the fun starts with spending more money. You will have to join the Realtor board for your county, $400+ to $500+ first time then $300+ annually, MLS fees $100+, master lock box key $200+. You'll need business cards right away and not the kind you do yourself, your own yard signs, and 2 magnetic car signs wouldn't hurt. Hopefully the broker will give you a good easy to use website, if so you should get your own domain name in case in the future you go to another broker. Also make sure the broker is providing some type of advertising for your listings when you get them, or you'll have to pay for that also, around $250 a listing. You also don't want a monthly office fee that is any higher than maybe $50 unless of course you can pay a big monthly fee when you don't have any comm. first coming in. In the beginning concentrate mostly on your broker teaching you how to prospect and don't worry about high end homes. In this market and being inexperienced you will sell anything right now, not only nice homes, but there is no reason you can't move up to that in the future. Dress, act, talk, look professional and treat all customers like gold and you'll get there. Not at all discouraging you, just preparing you. I believe real estate can be a very rewarding career that's why me and my wife are going thru exactly that right now. If you are moving to Pasco County Fl. I can help you further with brokers I have researched. Good luck.
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