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T.E. Sumner
"Exceeding Your Expectations!"
- 390 Helpful Answers
- 550 Answers
- 4 Listings
Web sites:
Profile Link:
Experience:
Realtor®, ABR, NAHREP for The Michael Group Real Estate
February 2003—present
Concentrating on residential real estate, assisting buyers, listing homes for sale, rental…
Concentrating on residential real estate, assisting buyers, listing homes for sale, rental…
Real Estate Sales for Schaumburg Realty Services
October 1990—March 1997
Where I started in real estate many years ago.
... show more
Where I started in real estate many years ago.
Specialties:
First-time homebuyers
New construction ... show more
New construction ... show more
Certifications
& Awards:
& Awards:
Accredited Buyer Representative
Texas Affordable Housing Specialist ... show more
Texas Affordable Housing Specialist ... show more
Interests:
I like technology (even though sometimes it blows up). The computer user group
... show more
About:
Realtor® with some alphabet soup, like ABR, AHS, and so on. Accredited Buyer Representative, Affordable Housing Specialist, NAHREP
Licensed Loan Officer. ... show more
Licensed Loan Officer. ... show more
Testimonials:
"Wow! Terry is very knowledgable and extremely helpful in explaining things. I am impressed also with his thoroughness. We bought 6 investment properties
... show more
T.E. Sumner answered:
J,
Having been licensed in Illinois and Texas, I found the license fees here in Texas onerous. Similarly the board fees are much higher than you might expect around Illinois.
As to the test, the exam here was moderately more difficult, but if you are licensed in Illinois, the exam will be much easier to master than if you never studied real estate. I am not a fan of being tested on useless trivia like the year of the 1864 Civil Rights Act. But Illinois had some trivia in it, too.
Apartment locators work pretty hard and, while they can make a living, there is no upside. If, for example, a renter comes in a says I need to rent now and buy later. You won't be participating in the purchase commission. For the level of commission per transaction you will be doing a lot of transactions as an apartment locator.
Having been licensed in Illinois and Texas, I found the license fees here in Texas onerous. Similarly the board fees are much higher than you might expect around Illinois.
As to the test, the exam here was moderately more difficult, but if you are licensed in Illinois, the exam will be much easier to master than if you never studied real estate. I am not a fan of being tested on useless trivia like the year of the 1864 Civil Rights Act. But Illinois had some trivia in it, too.
Apartment locators work pretty hard and, while they can make a living, there is no upside. If, for example, a renter comes in a says I need to rent now and buy later. You won't be participating in the purchase commission. For the level of commission per transaction you will be doing a lot of transactions as an apartment locator.
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