I Just Pass My Real Estate (agent) License Exam. What Is The Best Way To Proceed Now?
I just pass my Real Estate (agent) exam and one of the trainer is offering a personal training and he wants $1295…that’s if it’s paid in full up front..
otherwise it’s $2695.00 paid in payments. first he offered to give me a total of $1500.00….$400.00 start and then $1100 dollars taken out of the first two closed deals ($550.00 ea).
Does that sound fair?
Here is what I’ll get including the training:
Business Cards
Signage/Name Riders (for listings)
Agent Website (forever..which he says if i would to get it myself it will cost $$ too!
Training
Coaching
Mentorship
Contact Relationship Management System (CRM) 3 mths
Marketing Help (case by case)
60 years of Real Estate/Management/Training Experience
Much more….
I asked if there’s any hidden fees he says the only fees they will charge will be $75 for loan & $150 admin insurance when i close a deal.
I’m not sure if I should do it. Is there any other way without paying any money or or less money
If you just passed the exam, you should be able to work as an agent.
You will need to have a broker of course. Remax could help you with that, and so can century21.
There are also ways that you can have your own office. There are several brokers who will just charge you a brokerage fee of like 30 dollars a month or a percent of your sales.
Real Estate licensing is a state issue, but each state has it’s own board of realtors. You should give a call to your local board and ask them what you can do next.
NO. You can go to http://www.vistaprint.com and get FREE business cards, and if you sign with an agency (many of them are looking for fresh new agents) they will provide much of this for you. Call around to agencies like Century 21, Coldwell Banker…..well there are many big names out there that can offer advice. Talk to them, make a list of what they have to offer. Write it all down so you can take time to read over it and compare your options. Buy some books on Amazon.com about becoming an agent adn train yourself! Your agency you get with will also have its own website or you can even get your own with Yahoo. The money your talking about would be better spent on your own advertising dollars.
No, it is a scam. Come on. He used to be a real estate agent. Business cards are cheap. He is charging you 100% interest for the payment plan. How good was the class if he thinks he still needs to mentor you?
What exactly will it say on the cards and signs, do you have a broker? Until you hang your license with a broker you are not a licensed agent.
This sounds totally bogus to me, Look around for a large agency like Century 21, Prudential, or one of the other well known ones and start with them, they will train you properly.