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#389824 - 09/19/11 11:03 PM
List of Questions
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Member
Registered: 09/06/11
Posts: 14
Loc: Mass,United States
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1)If Im a real estate agent will my commission increase as I start closing on sales? How long will it take for my commission to increase?
2)Im 19 years old and I want to get into the real estate business. Will being young hinder my
3) How could I find out how the market is in my area?
4) How could I find out which homes are being brought?
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#389827 - 09/20/11 12:36 AM
Re: List of Questions
[Re: Supreme]
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Major Contributor
Registered: 11/06/07
Posts: 1602
Loc: Nevada
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your commission increase will depend on the commission structure defined by your particular broker. it may also be negotiable.
market knowledge is learned from experience. get licensed and learn as much as you can.
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#389856 - 09/20/11 10:29 AM
Re: List of Questions
[Re: Supreme]
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Member
Registered: 09/06/11
Posts: 14
Loc: Mass,United States
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Thank you for the comments.
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#389867 - 09/20/11 01:11 PM
Re: List of Questions
[Re: Supreme]
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Member
Registered: 09/06/11
Posts: 14
Loc: Mass,United States
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Would I be able to make transactions even though im not a investor?
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#390409 - 09/27/11 09:55 AM
Re: List of Questions
[Re: Supreme]
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Major Contributor
Registered: 04/12/08
Posts: 4726
Loc: Vermont's North-East Kingdom
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1)If Im a real estate agent will my commission increase as I start closing on sales? Most places, your commission doesn't even exist until you start closing tranactions. I know of only one (1) Real Estate Firm that put new Agents on a draw against future commissions . . . . and they went out of business for that and a variety of other reasons.
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont Where We're Always Striving To Put Together "THE FAIR DEAL"
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#390621 - 09/29/11 10:14 PM
Re: List of Questions
[Re: Vermont]
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Member
Registered: 09/06/11
Posts: 14
Loc: Mass,United States
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Is there a way I could get free contracts?
I just found a buyer who is willing to pay for properties in specific areas. What exactly do I do next? I know I look for motivated sellers in the areas the buyer wants to buy in, but how do I offer deals with the seller? The buyer wants to buy a house under 50,000 so should I buy a house way below 50,000, that way when I do sell it to the buyer for 50,000 I would be able to pay the seller back and make a good profit when I sell it? Do I make a blind offer, or do I make an offer from following a certain formula?
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#390796 - 10/03/11 02:12 AM
Re: List of Questions
[Re: Supreme]
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Moderator
Veteran Member
Registered: 01/13/10
Posts: 726
Loc: Maui, HI
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Based on your questions, I have to ask: what exactly do you think a real estate agent does?
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#390806 - 10/03/11 06:58 AM
Re: List of Questions
[Re: Supreme]
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Major Contributor
Registered: 04/12/08
Posts: 4726
Loc: Vermont's North-East Kingdom
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I think Supreme wants to simplify the process as a Flipper/Investor using his Grandfather to "prime the pump" on his first purchased Investment (or Option). He's laid this out in the other threads that he's started describing the same general developing scenario.
And I don't think Supreme expects to become a Licensee. Right now, I think he's been approached to do business on behalf of another "Investor" who's giving the appearance of already doing the same exact kind of activity that Supreme aspires to.
How fun is that ? Birds of a feather flock together.
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont Where We're Always Striving To Put Together "THE FAIR DEAL"
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This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
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Registered: 06/09/07
Posts: 477
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