Home Selling in Gulfport>Question Details

Sara Jones, Renter in Hartland, MI

REALTORS!! i need your help!

Asked by Sara Jones, Hartland, MI Tue Jul 17, 2012

I was wondering what you have to do to become a Realtor i was into the medical field but had no luck and i have been really interested for a while to become a realtor and was hoping someone that is one can explain what i would have to go through. and also how much does it cost? cause i dont have a job or money can i get a pelgrant for it cause i am done with loans?

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Can you please tell me what the real estate laws are in D'Iberville and the surrounding areas regarding: If you own your own Mobile Home, and it is in a Mobile Home Park, and they sell the mobile home park, and you never knew it was for sale, can they expect you to move your mobile home within 30 days? Or is it more like a 120 days? Thank you!
0 votes Thank Flag Link Sun Jul 29, 2012
Sara,
Give me a call and I will try to lead you in the right direction as far as what to do to get started in this business. There are a lot of variables so it is hard to do in this kind of format. By the way, were ya'll able to get in touch with the guy with the rental and if so did you like the house?

Teresa Waltman
Broker
Waltman Real Estate, LLC
228-323-5029
teresa@waltmanrealestate.com
0 votes Thank Flag Link Wed Jul 18, 2012
Hello Sara,

Becoming a Realtor isn't that hard, but succeeding as one is challenging for most. Unless you are able to sell (not like retail sell, more like sell or else I starve) and have no fear of rejection it's a tough career. In our MLS area alone there are 2600 Realtors... 700 didn't sell a house last year and 900 sold only 1... and our market was doing just fine.
0 votes Thank Flag Link Tue Jul 17, 2012
You need 40 hours of pre-licensing (can be taken at the REALTOR institute online or through classes in Gulfport - also available through third party providers)

After the class, you need to take and pass the state license exam.
Then, you need 40 more hours of post-licensing (has to be taken within 1 year of getting licensed)

You will need money for courses, testing, insurance, and you should have enough money to live for at least 6 months as this is a reasonable "break-in period" for a new agent. You should also have a reasonable budget for business related expenses - give or take around $1k is a good start.

Pell will not pay for any of this as it is not a degree program.
0 votes Thank Flag Link Tue Jul 17, 2012
Hi Sara,
Becoming a Realtor depends on the state where you would like to work. Each state regulates its own agents and brokers. The process will cost you a little bit of money, but it is not that bad. The first thing you have to do is to take a class for new agents. After you take the class and do a good bit of studying, you are generally allowed to sit for the exam that the state offers. If you pass the exam, you qualify to be a Real Estate Agent. With that license you can then look for work with any broker in that state. Once working with a broker, you can join the association for Realtors or the NAR. Once you are a member in good standing with the association, you can call yourself a Realtor. I would advise that you look up the state Real Estate Governing body or association to get the particulars for your state. You could also look up Real Estate Schools. Some states will let you do some of it online. Another option is to go visit a Real Estate office and ask them what you would need to get started. Some offices might help you more than you might think, and might even be able to hire you or refer you to another office once you are licensed!! Best of luck to you! It is a great career!

Regards,
Paul Miller
0 votes Thank Flag Link Tue Jul 17, 2012
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