Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Remodel & Renovate in Chicago Heights : Real Estate Advice

  • All65
  • Local Info4
  • Home Buying21
  • Home Selling11
  • Market Conditions2

Activity 3
Jay Ruhm, Real Estate Pro in Schaumburg, IL
Sun Jul 22, 2012
Jay Ruhm answered:
There isn't really a good answer to that, but consider this:

-You will need to be able to survive with little to no income for the first 4 months or so.
-By the time you pay for everything needed to get your license, initial board fees, and any other fees charged by the brokerage you join, you will be out of pocket anywhere from $1500-$2000, maybe more.
-You will need to have a strong plan to market yourself - Leads (clients) don't appear out of thin air.
-You will need to have the money to market any listings that you get in the beginning, and that can get expensive.

If you have strong motivation to succeed, a strong marketing plan, and start up funds to get you by for a while, then do it.

A simpler answer to your question is this - somewhere between bankruptcy and a cushy 6 figure income.
... more
0 votes 1 answer Share Flag
Michael Brow…, Real Estate Pro in Allen, TX
Sun Jul 22, 2012
Michael Brownstead answered:
Hello, it is always recommended to use the assistance of a REALTOR during the home-buying process, but one must take the time to interview several different agents to find the one that is best for them. Best of luck in your quest! ... more
0 votes 2 answers Share Flag
Michael Huff…, Real Estate Pro in Englewood, CO
Sat Jul 21, 2012
Michael Huffman answered:
It really depends on the local market. If the other homes in your area have more bathrooms, then adding one doesnt increase your value it only matches the local market. compare properties in your local are to see what the addition may bring. ... more
0 votes 2 answers Share Flag
Search Advice
Search
Remodel & Renovate in Chicago Heights Zip Codes

Followers

85