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A Career in Real Estate: What's It All
About?
A career in real estate provides
flexibility and freedom to set your own pace.
Income will directly reflect
your efforts, There are no limits
on what hardworking men and women can earn.
Successful people in real estate are:
- goal-oriented
- persevering
- self-motivated
- ambitious
- people-oriented
The rewards of a real estate career are
varied. There is a potential for high earnings,
true independence, and the
freedom to schedule your own time.
Helping people buy and sell homes
is the most important and basic service
a real estate agent performs.
Agents are experts in the process of buying, selling, and
financing property.
The real estate agent’s expertise facilitates the transaction, saving clients
time, trouble and money.
Frequently
asked Questions
Q.
How much training is required to get a real estate license?
A.
The State of Ohio requires you to take 120 clock hours of education prior to taking
the state license exam.
You must take an additional 10 hours of post-licensing courses within one year
after you receive your license. You will be required to take 30 hours of
continuing
education every three years to maintain your real estate license.
For complete education information and licensing requirements go to
The
Ohio Department of Commerce web site.
Q. What background provides the
best chance for success?
A. While a previous
sales experience is helpful, we find that people from a
variety of backgrounds
have been very successful in real estate.
Q. When will I know if
this is the right career choice for me?
A. There is no
hard and fast rule to determine success.
Most people will know within 6 to
12 months if they have
chosen the correct career path.
Q. How much will it cost to get
started?
A. The state required, 120 hour, pre-licensing training will cost approximately
$1,200.00 depending on the school you choose. The cost of taking the Ohio
license exam is $98.00. You will need to pre-register and be
sponsored by a
State of Ohio licensed real estate broker.
The results of the exam will be given to you immediately upon completion of the
examination.
Currently there is an annual license renewal fee of $39.00.
Q. Can I begin to list and sell
real estate immediately after receiving my license?
A.
Yes, under the close supervision of your broker or manager
Q. What is a real estate
agent’s job description?
A.
There are literally dozens of activities that you can take part in during your
business week, including:
- Previewing
your office’s new listings
- Previewing
properties listed by other brokers
- Completing
paperwork on transactions
- Following
up with customers/clients
- Following
up with prospects
- Setting
showing appointments
- Showing
properties to buyers
- Attending
office meetings
- Attending
educational sessions
- Prospecting
for potential customers/clients
- Doing
listing presentations
- Learning
about title, escrow, closing procedures
- Answering
calls at office during floor time
- Holding
open houses for the public
- Holding
open houses for cooperating broker’s agents
- Preparing
brochures for properties
- Promoting
yourself
- Following
up on transaction through closing
- Studying
financial options
- Planning
your days, weeks, long-term goals
Q. Where will I get
most of my customers/clients?
A. Most successful associates
build their customer/client
inventory from:
- Their
sphere of influence (people you already know)
- Open
houses
- Prospecting
your “inner circle” (relatives, etc.)
- For
Sale by Owners
- Expired
listings
- Demographic
prospecting (attorneys, CPA’s, insurance agents, financial advisors, etc.)
- Geographical
prospecting
- Sign/ad
calls
- Floor
time
- Referrals
- Community
involvement
- Buyer/Seller
seminars
- On-line
leads
Contact Information
Telephone: Medina - 330-722-5818
Toll free: 800-870-0344
FAX:
330-722-6445
Email:
registrar@ohiorealestateschool.com
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