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Everything You Need to Know About Working in Real Estate

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Working in Real Estate

Did you know that real estate agents who work 60 hours every week make on average 145,347 dollars a year? If you want to swap careers and become a real estate agent, we can help.

In this guide, we’ll go over the things you need to know about working in real estate. You’ll learn what steps to take to become an agent and how to make your business a success.

Want to learn more? Keep reading.

Meet Your State’s Licensing Requirements

There isn’t a national real estate license, but you’ll need to get a state license. Check your state’s real estate regulatory website to get more information. Complete a real estate license course online.

First, you’ll need to finish a pre-licensing course. You’ll then need to pass the licensing exam and activate your license. Finally, you’ll have to join a real estate brokerage.

Real estate agents will work under a licensed real estate broker. Down the road, you might decide you want to become a broker.

If you want to become a broker, you’ll need to meet the different experience and educational requirements. After you have a broker license, you could hire sales agents to work for you.

It should take around six months to get your real estate license. Aim to budget a couple of thousand dollars. You will need sale signs, business cards, websites, and open house signs.

You’ll also have to cover MLS fees. Don’t forget about the cost of the exam and licensing course.

You’ll Need to Generate Leads

One thing that’s central to your success is finding clients as a broker or sales agent. If you don’t have sellers or buyers, you won’t handle transactions and get commissions.

Many new agents will generate new leads through a Working in Real Estate sphere of influence (SOI) strategy.

The strategy will focus on generating leads through your contacts. These people could include friends, family, classmates, neighbors, or business associates.

During a typical business day, you will talk and meet with a lot of different people. You will share contact details, hand out business cards, and file contact information.

After making initial contact, follow up through emails, snail mail, text, or phone calls. This way, people will remember you in the future if they need to buy or sell a home.

A lot of people will rent, buy, or sell property in their lives. Everyone who comes into your life could be a potential client. Make the most of every opportunity.

You’ll Need to Learn How to Manage Your Time

Real estate agents don’t tend to work the typical nine to five workday. Agents will have a schedule that works for their clients.

Agents tend to be quite busy from morning to night. They will need to handle the admin work and stay in touch with different clients. You might get a call from a new client at 10 at night.

Be aware that you’ll need to improve your time management skills.

You’ll Need to Complete Admin Work

Being a broker or sales agent means you’ll have to handle a massive load of admin tasks. Your legal documents will need to be accurate. You’ll also have to organize and coordinate events for multiple listings.

In one day, you may have to finish, submit, and file real estate agreements, documents, or lease records.

You’ll have calls from clients throughout the day. You’ll need to schedule showings, open houses, appointments, or meetings.

You might have to create and pass out flyers or other promotional materials. Don’t forget about maintaining your electronic filing systems for correspondence and records.

You will need to create a marketing plan for listings and build your client databases. Real estate agents will also create annual, quarterly, and monthly budgets.

Agents will need to respond to calls, emails, or texts. Successful agents run social media accounts promoting their listings.

Over time, you might want to hire an assistant. The assistant will help you with these administrative tasks. At first, you will need to finish these tasks on your own.

Career-wise, are you good at paperwork and detail-oriented? Do you have the drive to get these admin duties done often, and are you organized?

Can you handle the stress of juggling different tasks while facing deadlines?

Your Income Could Skyrocket

People tend to consider real estate as a career because the income isn’t limited to a salary or hourly pay scale.

Real estate agents will get an income based on the time they’re investing in their sales and clients. Your earning potential’s unlimited.

Enjoy Meaningful Work

Agents will work with people when it comes time to buy their first home, sell a cottage, or downsize. You will be there to help people as they make a significant life change or invest in property.

As a real estate agent, you will mentor and guide your clients.

What Will Help You Stand Out?

To grow your business, you need to determine what will make you stand apart from the other agents. You’ll need to provide top service to clients. This way, past clients will share their experiences with friends and family.

Now You Know More About Working In Real Estate

We hope this guide on working in real estate was helpful. You’ll need to handle admin tasks and submit paperwork before the deadline.

You’ll also have to generate new leads all the time. Enjoy the freedom to make an unlimited income, and help people make significant decisions.

Are you looking for more helpful information? Check out our sections on home and real estate.

Read Also : 5 Factors to Consider When Choosing Cash Buyers for Homes

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Real Estate

Top 5 Tips for Cleaning an Air Filter

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Cleaning an Air Filter

With summer on its way, we’re all going to run our air conditioning as much as possible to stay comfortable. If you smell gas when starting your car, or your fuel economy has tanked, then it might be time for you to either replace or clean your air filter. Having a clean air filter will not only keep your car running smoothly, but will improve your respiratory health.

So, how do you go about cleaning an air filter the right way? Check out these five tips for your ticket to easier breathing.

1. Consider Getting an Air Filter Blaster

An air filter blaster is an air filter cleaner that uses compressed air to centrifuge your air filter. This pushes the dust and grime from the inner folds of the filter outward, cleaning it in one easy step. While it might seem like a steep initial investment, your savings in the long run will far exceed the initial costs.

2. Conduct a Preliminary Wipe Down

One key step that simplifies cleaning an air filter for you is wiping it down after you remove it from the car. Taking a microfiber cloth and wiping down the filter’s housing before you get started saves you a step later on and prevents more gunk from entering your freshly-cleaned filter.

3. Make Sure You Have a Vacuum With Working Attachments

While your vacuum cleaner may seem serviceable enough in the home, it might not function as well once you’ve secured attachments onto the hose. Before you try vacuuming your air filter, check to ensure that your machine has good suction even with the dust brush screwed on.

4. Make Sure to Tap Out After Every Stage

One way to make sure you’re getting all the dust and grime out while cleaning air filters is to tap and shake it out between each stage. About to start vacuuming the filter? Shake it out first to loosen any large pieces of debris. Just finished washing the dirty air filter? Give it a solid tap to make sure the excess moisture is gone. 

5. Allow Ample Drying Time

Do you want your car engine to choke up on you? If not, then make sure you allow a full twenty-four hours for your air filter to dry in the sun. This is one situation where you cannot afford to get impatient. Make sure you let your air filter dry out completely before you reinstall it. (And don’t forget to oil it if it’s an oiled filter!)

Looking for More Car Maintenance Tips?

Cleaning an air filter in your car can be tedious, but it’s worth it to prevent major engine problems in the long run. No one wants to drive around in an engine that wants to choke all the time!

However, that’s not the only piece of car maintenance you can do on your own.

Looking for more car maintenance that you can do at home? Then, check out the lifestyle section of our blog each day for more articles like this one!

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Real Estate

5 Key Benefits of Timeshares and Joint Owned Real Estate

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Benefits of Timeshares

To many people, the concept of a vacation timeshare condominium might seem somewhat dated. However, it seems that timeshares are once again a hit with at least some demographics. Interest and ownership of vacation timeshares by younger millennials has surged in recent years, tilting the US timeshare market into stronger profitability once again.

Timeshares have many advantages to traditional vacation homes, especially for younger generations. If you want a holiday home and want to learn more about the benefits of timeshares, you have come to the right place. Read on to find out why jointly-owned real estate is a good idea for a second home. 

1. More Accessible Than a Vacation House

For many millennials, buying real estate of any kind seems increasingly unattainable. It is this unfortunate fact that has been the strongest driver for the growth of timeshare sales. With a timeshare, you can own a concrete stake in a quality piece of real estate for a mere fraction of the cost. Timeshares are simply much more financially accessible than actually buying your own vacation house would ever be. 

2. Social Vacationing 

Beyond property ownership, timeshares are also becoming increasingly popular because of the culture that they offer. Many of the hottest timeshare resorts in North America right now are in exclusive enclaves, where thrill-seeking millennials can mingle with other funloving young people in a truly social environment. 

3. No Maintenance to Worry About

One of the major perks of jointly-owned real estate is that you do not need to invest significant amounts of time or money on maintenance. Any and all maintenance issues will be handled by the timeshare company. This means that you can simply roll up to your timeshare when it is your time to use it and expect to find it in perfect working condition. Any problems that occur with the property are simply not your responsibility to deal with, meaning you can enjoy a truly stress-free vacation.

4. Premium Vacation Experiences for Less

Many people still have a misconception that timeshares consist of faded 1980s condos in unglamorous locales. However, this is most definitely not the case. For example, the timeshares available at HGVC Resorts, one of the top luxury hotel groups in the world, allow anyone to own a timeshare in a glamorous, on-trend, five-star resort in an exciting area. 

5 A Lifelong Investment

Finally, it is worth noting that a timeshare is not just a place where you can vacation for the rest of your life (although this is a major plus). It is also an investment that you can add to your portfolio. Your timeshare is your very own piece of real estate. It is something that you can retain as an asset and sell further down the line if you feel the need to do so. This is what makes a timeshare an attractive alternative to forking out thousands of dollars on hotel stays. 

Now That You Know the Benefits of Timeshares…

Now that you know the benefits of timeshares, it’s time to make more informed travel choices. As the world opens up again, it is important to get maximum bang for your buck. For this, make sure to consult our dedicated travel section for expert insights and tips. 

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How to Renovate a Garage

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Renovate a Garage

Over half of all housing units have a garage or something like it. However, due to its reputation as a place to store cars, tools, weights, and other things that you don’t mind getting dirty, people can forget about making their garage look nice.  

When you renovate a garage, you’re taking a great step and undergoing a worthwhile feat of home improvement. However, there are many home improvement mistakes you can make when renovating your garage. 

If you’re thinking about renovating your garage, you’ve come to the right place. This article will act as your brief introduction to garage renovations. 

The Garage Door

One of the most key features of the garage is the garage door. A garage door is opened several times a day and could be the key feature to your renovation.

Make sure you hire an expert, for replacing a garage door could be dangerous. 

Think about aesthetics. Do you want your garage to give off a modern, traditional, or rustic appeal? What colors would work best with the rest of your house? 

If you’re installing a new garage door, don’t skimp out. Set up a completely new track. LODI Garage Doors and More has written a great article on using an old track and why it isn’t the greatest option. 

If your garage currently opens manually, consider installing a garage door opener. For a little extra cash, a garage door opener could bring a new sense of luxury into your life. You can open your garage directly from your car and drive it right inside.

If you’re looking to turn your garage into a room where people hang out, consider getting an insulated garage door or a garage door bottom seal to keep out the rain. 

The Ambience

While many people care about the arrangement of their furniture, however, these same people forget about the arrangement of their garage. Their garage often looks like a dungeon which no one should go in.

Consider repainting your garage — and painting the floor as well. Finding the proper paint for the job and studying color selection can transform your garage from a dungeon to a warm cove. 

But it needn’t be all about style over substance 

Add some shelves, a workbench, and some lockers to increase the utilitarian benefit of your garage. This means that people can hang in your garage in style and know that it’s still useful for garage purposes. 

Renovate a Garage Today 

The garage is a staple of the contemporary American house, where you can stock your tools, car and even get some projects done. However, this doesn’t mean your garage gets off with not having a great aesthetic.

Consider getting yourself a new garage door and focusing on the ambiance of your garage, and you can do no wrong in your mission to renovate a garage.

For more articles like this, check out our home decor section. 

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