There is no doubt that a career in real estate can be very advantageous, as well as exciting. Of course, in order to obtain a career in this field, the first thing that you will need to do is go through the real estate licensing process. This does not need to be difficult, as long as you have a good idea of what it is that you will be facing. Here, we will take a closer look at some of the most important things that you should know when it comes to real estate licensing.
One of the things that you may be wondering about is what type of requirements there are for you to be eligible for real estate licensing. For starters, you need to be of at least eighteen years of age. You also must have graduated from high school, or have obtained a degree of equivalency, such as a GED in order to go through the real estate licensing process. Before you can take the exam that is required for real estate licensing, the first thing that you will need to do is learn more about what other requirements your state has prior to the real estate licensing process.
Most states will require you to take a course, or some form of training before you will be eligible to complete the real estate licensing exam. These types of real estate training courses are often offered by community colleges or real estate schools. You should be able to find one within your local area. It is important to make sure that you learn about all of the state requirements beforehand. Completing them is the first step of the real estate licensing process, as you cannot continue the process without these requirements.
Once you have completed all of the requirements of your state, the next thing that you will need to do is find a test center which offers real estate licensing. The cost of this examination will vary according to where you live, but it is typically around a hundred dollars. Keep in mind that is necessary for you to get your real estate licensing done from the state that you are planning on working in. For example, if you are planning on working as a real estate agent in California, you would not want to get your real estate license in Washington.
In order to prepare yourself for the real estate licensing examination, it is important to make sure that you look over all of the information that you learned in your real estate classes. It will also be very beneficial for you to buy a real estate licensing test kit, which will provide you with a good idea of what types of questions you can expect to see on the real examination.
Keep in mind that if you do not pass your real estate licensing test the first time, it is quite okay. You will be able to take it again, but you will probably need to wait a certain period of time. Once you have actually passed the real estate licensing examination, you will be ready to find a job with a reputable real estate agency to work for. While you may have to spend money, time and hard work to get through the real estate licensing process, you will find that it is well worth it in the end.
Written by Ken Edwards for http://www.bkkcondos.com
Tuesday, November 19, 2019
Thursday, May 30, 2019
Connecticut Real Estate Licensing CE Course Questions - Connecticut CE Training
Get your licensing renewal and Continuing Education for Connecticut.
Green 9 hour package:
Complete the 9-hour continuing education elective requirement for real estate agents in Connecticut with this "green" package.
Commercial 9 hour elective course:
Fulfill the Connecticut elective requirement for 9 hours of real estate agent CE with this package.
Green 9 hour package:
Complete the 9-hour continuing education elective requirement for real estate agents in Connecticut with this "green" package.
The 2 real estate CE online courses included are:
- Green Home Features
- Green Home Construction
Commercial 9 hour elective course:
Fulfill the Connecticut elective requirement for 9 hours of real estate agent CE with this package.
This commercial-focused real estate renewal package contains the following 2 online courses:
- Principles of Commercial Real Estate
- Commercial Finance and Investment Analysis
Saturday, May 4, 2019
North Carolina Real Estate Continuing Education Courses - Updated North Carolina CE Course Credits
Updated Topics for Real Estate Continuing Education Credits in North Carolina
Concepts in Appraising Green Residential Buildings
Green construction continues to grow in popularity all over the world and can make an impact when appraising residential buildings. This 4-hour continuing education course will help real estate appraisers understand the definition of environmentally-friendly residences, the organizations that certify environmentally-friendly buildings as well as what green building techniques, features and amenities are. From the valuable content in this course, appraisers will be able to make a clear a decision on how the green features change the values of the building and whether the adjustments are full value or only partial value.
Tax Free Exchanges CE Topic Course
Learn all about tax free exchanges. This online course is an excellent introduction to the implications of tax free exchanges for investment properties in residential real estate. Learn what is required to qualify for a tax free exchange, what different kinds of exchanges are available and also various ways that the title can be transferred for the purpose of an exchange.
Green Home Construction For North Carolina Continuing Ed
Thinking about "going green?" The prevalence of green home construction continues to expand in the U.S. Don't you want to have a better understanding of this market? This online course covers various topics in both sustainable design and green home construction including waste management, lot shopping, special safety applications, site work, and building material choices.
North Carolina Ethics In Real Estate
A great refresher in ethics, this online course reviews the National Association of Realtors (NAR) Code of Ethics and fulfills the mandatory NAR Ethics Renewal Training requirement. Complete with case studies and various scenarios, students will enjoy a better understanding of what is and is not ethical for real estate professionals. This real estate continuing education online course includes decision-making exercises designed for an in-depth understanding and application of daily real estate practices.
Commercial Leases
Leases can be a huge source of commission for agents looking to pursue commercial real estate. This online course offers the need-to-know information for the 3 major types of commercial leases: office, retail and industrial. Highlights include: major negotiation points, how to determine rent based on formulas, and technical concerns exclusive to industrial leases.
ADA and Fair Housing CE Credits
Concepts in Appraising Green Residential Buildings
Green construction continues to grow in popularity all over the world and can make an impact when appraising residential buildings. This 4-hour continuing education course will help real estate appraisers understand the definition of environmentally-friendly residences, the organizations that certify environmentally-friendly buildings as well as what green building techniques, features and amenities are. From the valuable content in this course, appraisers will be able to make a clear a decision on how the green features change the values of the building and whether the adjustments are full value or only partial value.
Tax Free Exchanges CE Topic Course
Learn all about tax free exchanges. This online course is an excellent introduction to the implications of tax free exchanges for investment properties in residential real estate. Learn what is required to qualify for a tax free exchange, what different kinds of exchanges are available and also various ways that the title can be transferred for the purpose of an exchange.
Green Home Construction For North Carolina Continuing Ed
Thinking about "going green?" The prevalence of green home construction continues to expand in the U.S. Don't you want to have a better understanding of this market? This online course covers various topics in both sustainable design and green home construction including waste management, lot shopping, special safety applications, site work, and building material choices.
North Carolina Ethics In Real Estate
A great refresher in ethics, this online course reviews the National Association of Realtors (NAR) Code of Ethics and fulfills the mandatory NAR Ethics Renewal Training requirement. Complete with case studies and various scenarios, students will enjoy a better understanding of what is and is not ethical for real estate professionals. This real estate continuing education online course includes decision-making exercises designed for an in-depth understanding and application of daily real estate practices.
Commercial Leases
Leases can be a huge source of commission for agents looking to pursue commercial real estate. This online course offers the need-to-know information for the 3 major types of commercial leases: office, retail and industrial. Highlights include: major negotiation points, how to determine rent based on formulas, and technical concerns exclusive to industrial leases.
ADA and Fair Housing CE Credits
Fair Housing and the Americans with Disabilities Act legislation affects the business of every real estate professional. This real estate CE online course covers the law and how it pertains to real estate professionals, while refreshing their knowledge of the Federal Fair Housing Laws.
This online course covers the prohibitions in the Fair Housing Act, how an individual can enforce the Fair Housing Act, the provisions of the Civil Rights Act of 1866 and the Fair Housing Act of 1968. It also covers the purpose and scope of the Americans with Disabilities Act (ADA) and its effects on licensees of the ADA.
ALL ONLINE AND APPROVED FOR NC CONTINUING EDUCATION CREDIT
Monday, December 10, 2018
Key Benefits to Lending Private Money on Real Estate
By Dennis Genaw
Lending to real estate investors offers the Private Lender many benefits not otherwise enjoyed through other means. Before we get into the benefits, let us briefly explore what Private Money Lending is. In the real estate financing industry, private money lending refers to the money an individual, not a bank, lends to a real estate investor in exchange for a pre-determined rate of return or other consideration. Why private loans? Banks do not typically lend to investors on properties that require improvement to attain market value, or 'after repair value' (ARV). Savvy people with available cash in a broker account or self-directed IRA, realize that they can fill the void left by the banks and attain a greater return than they may be currently getting in CD's, bonds, savings and money market accounts, or even the stock market. So a market was born, and it has become essential to real estate investors.
Private Money Lending would not have become popular unless Lenders saw a tremendous value in it. Let us review key advantages to becoming a Private Money Lender.
Terms are negotiable - The Lender can negotiate interest rate and possible profit share with the borrower. Additionally, interest and principle payments can also be negotiated. Whatever agreement that suits both parties to a private loan is allowable.
Return on Investment - Current interest rates charged on private money loans are generally between 7% - 12%. These rates, as of April 2018, are currently greater than returns from CD's, savings and money market accounts. They also outperform the 4.7% the stock market has produced, inflation adjusted, since 1/1/2000. That is over 18 years.
Collateral provided - Real Estate property serves as collateral for the loan. Most real estate investors acquire their properties at a significant discount to the market. This discount provides the lender with quality collateral should the borrower default.
Choice - The Private Money Lender gets to choose who to lend to, or what project to lend on. They can get detailed information on the project, the investors experience, and the kind of profits normally made.
No Effort - The Lender only worries about the loan. The Investor takes all the other risks and does the work to find, purchase, fix and sell the property. The Lender just collects the interest.
Stability - Real Estate does have ups and downs. But its volatility is nowhere as pronounced as the stock market. Additionally, when purchased at a proper discount, the property provides a cushion against the ups and downs.
Tax Free/Tax Deferred - A Private Money Lender can lend on real estate from a self-directed IRA. The gains achieved can grow either tax-free or tax deferred helping to build the retirement nest egg faster than ever.
Diversification - Lending on real, tangible, brick and mortar assets provides additional diversification to a Lenders portfolio to provide protection in the event of a down period.
If you have the desire to invest in real estate, but don't want to take on all the associated risk, or get your hands dirty, private lending could provide a wide range of opportunities and benefits in growing your wealth and providing for your retirement.
Dennis can be reached at Dennis@IBuyLehighProperties.com.
Being a private money lender can consistently earn you safe, secured returns on your money, and the best part is I am willing to do all the hard work for you. Take action today and download my FREE special report "The Benefits Of Lending Private Money". In this report you will learn why wealthy moguls have been "parking" their money in private mortgage loans and earning fantastic returns hard to find anywhere else without taking on too much risk! Get your free report at https://goo.gl/oc6Rdb and discover the wonderful world of Private Lending.
Lending to real estate investors offers the Private Lender many benefits not otherwise enjoyed through other means. Before we get into the benefits, let us briefly explore what Private Money Lending is. In the real estate financing industry, private money lending refers to the money an individual, not a bank, lends to a real estate investor in exchange for a pre-determined rate of return or other consideration. Why private loans? Banks do not typically lend to investors on properties that require improvement to attain market value, or 'after repair value' (ARV). Savvy people with available cash in a broker account or self-directed IRA, realize that they can fill the void left by the banks and attain a greater return than they may be currently getting in CD's, bonds, savings and money market accounts, or even the stock market. So a market was born, and it has become essential to real estate investors.
Private Money Lending would not have become popular unless Lenders saw a tremendous value in it. Let us review key advantages to becoming a Private Money Lender.
Terms are negotiable - The Lender can negotiate interest rate and possible profit share with the borrower. Additionally, interest and principle payments can also be negotiated. Whatever agreement that suits both parties to a private loan is allowable.
Return on Investment - Current interest rates charged on private money loans are generally between 7% - 12%. These rates, as of April 2018, are currently greater than returns from CD's, savings and money market accounts. They also outperform the 4.7% the stock market has produced, inflation adjusted, since 1/1/2000. That is over 18 years.
Collateral provided - Real Estate property serves as collateral for the loan. Most real estate investors acquire their properties at a significant discount to the market. This discount provides the lender with quality collateral should the borrower default.
Choice - The Private Money Lender gets to choose who to lend to, or what project to lend on. They can get detailed information on the project, the investors experience, and the kind of profits normally made.
No Effort - The Lender only worries about the loan. The Investor takes all the other risks and does the work to find, purchase, fix and sell the property. The Lender just collects the interest.
Stability - Real Estate does have ups and downs. But its volatility is nowhere as pronounced as the stock market. Additionally, when purchased at a proper discount, the property provides a cushion against the ups and downs.
Tax Free/Tax Deferred - A Private Money Lender can lend on real estate from a self-directed IRA. The gains achieved can grow either tax-free or tax deferred helping to build the retirement nest egg faster than ever.
Diversification - Lending on real, tangible, brick and mortar assets provides additional diversification to a Lenders portfolio to provide protection in the event of a down period.
If you have the desire to invest in real estate, but don't want to take on all the associated risk, or get your hands dirty, private lending could provide a wide range of opportunities and benefits in growing your wealth and providing for your retirement.
Dennis can be reached at Dennis@IBuyLehighProperties.com.
Being a private money lender can consistently earn you safe, secured returns on your money, and the best part is I am willing to do all the hard work for you. Take action today and download my FREE special report "The Benefits Of Lending Private Money". In this report you will learn why wealthy moguls have been "parking" their money in private mortgage loans and earning fantastic returns hard to find anywhere else without taking on too much risk! Get your free report at https://goo.gl/oc6Rdb and discover the wonderful world of Private Lending.
Monday, August 14, 2017
Become a California Licensed Real Estate Appraiser - Appraisal Course and Licensing
California Approved 150 hour FULL appraisal certification course.
This package contains seven courses PLUS the USPAP Manual Book are included. The 150 hours are courses are: Basic Appraisal Principles, Basic Appraisal Procedures, Residential Sales Comparison and Income Approach, Residential Market Analysis and Highest and Best Use, Residential Report Writing and Case Studies, Residential Appraiser Site Valuation and Cost Approach, and the 2016-2017 USPAP National 15-hour course.
This package contains seven courses PLUS the USPAP Manual Book are included. The 150 hours are courses are: Basic Appraisal Principles, Basic Appraisal Procedures, Residential Sales Comparison and Income Approach, Residential Market Analysis and Highest and Best Use, Residential Report Writing and Case Studies, Residential Appraiser Site Valuation and Cost Approach, and the 2016-2017 USPAP National 15-hour course.
Appraiser Trainee applicants must also complete an approved Supervisory/Trainee Appraisers course prior to obtaining a Trainee Appraiser license.
Thursday, June 15, 2017
Ohio Real Estate Continuing Education Courses - Real Estate CE Ohio
To Complete your Ohio Real Estate Continuing Education Requirement You Must:
- Beginning January 1, 2001, licensees must submit proof of completing 30 hours of continuing education on or before the licensee’s date of birth, three years after the licensee’s date of initial licensure, and every three years thereafter.
- For every three- year reporting period, licensees must complete nine hours of mandatory continuing education coursework to include:
- Three hours in a course devoted exclusively to instruction in recently enacted municipal, state and federal civil rights laws; civil rights case laws; desegregation issues; and methods for eliminating the effects of prior discrimination.
- Three hours in a course on recently enacted state and federal legislation affecting the real estate industry, which shall include, but not be limited to, relevant state real estate licensing laws and regulations, court decisions and related reports.
- Three hours in a course on the canons of ethics for the real estate industry as adopted by the Ohio Real Estate Commission and section 4735.18 of the Revised Code
- For every three-year reporting period, licensees must complete 21 hours of elective continuing education coursework
The information provided is designed to provide a summary of the minimum education, experience, and examination requirements established by the Ohio Real Estate Commission to renew your Ohio Real Estate License.
Career WebSchool: Career WebSchool has offered the most effective online real estate licensing courses since 1989. Career Web School Ohio is a state approved Online Real Estate School offering real estate agents an easy, cost-effective method of completing their Ohio Real Estate Continuing Education courses. Besides your Ohio Real Estate Continuing Education courses, you may also complete your Ohio Real Estate Broker course with ease as well. All of our real estate license courses are APPROVED by the Ohio Real Estate Commission.
How does a course work?
Each Ohio Real Estate Continuing Education course is divided into lessons that take about 20-30 minutes on the average. Each lesson consists of text with multiple choice questions mixed in. The text is presented one small, easy-to-understand sentence or paragraph at a time. After a few screens of text, you will answer a few questions about what you have read. As you progress through the lesson, the learning process keeps track of how you are doing on the questions. After all the text is presented, the computer will go back to the questions you missed or had problems with and review them in random order. You'll keep working on the lesson until you've answered all the questions correctly on two occasions. At that point, the lesson will be marked as complete on the main menu. You can quit a lesson at any time and a bookmark will save your place, so you don't have to repeat work you've already done when you return to a lesson.
Completing the Course
All the lessons for the course are completed online. Each hour of approved credit will take approximately one hour of computer time to complete. The 21-hours of Elective Ohio Real Estate Continuing Education courses will take approximately 21 hours to complete. You may access the online course immediately and begin working as soon as you complete the registration process.
Final Exams
Ohio does not require final exams for Ohio Real Estate Continuing Education courses.
Begin HERE:Ohio Real Estate CE Courses
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