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You are the only one who determines how successful you will be, but the first step for your success in this field is getting your license by calling IREI today! 317-888-3000
Real estate licensees, typically brokers, work in different areas of the real estate industry, including property management, investment counseling, appraisal, and training. The real estate license “opens the door” to many careers in the real estate field.
As a real estate agent, you will become familiar with property values in areas where you work. You will also become aware of properties as they are first listed. This may give you an advantage over other investors who are not in the business.
Most of the real estate brokerages in Indiana hire new licensees. We work with a number of real estate brokers who do and make your name available to Brokers if you wish. You can also try the Yellow Pages and call any broker – let them tell you about their career opportunities.
As stated above, the State of Indiana requires a licensee to be a minimum of 18 years old. Some very successful agents are in their 70’s. In this business, there is no age discrimination. It is the person’s ability and desire to succeed that determine how well they will do. As long as you have determination you can do anything!
Basically, the state of Indiana requires an applicant for a real estate license to be at least 18 years of age, complete a state approved real estate pre-licensing course of 90 hours, pass 3 in-class exams with a passing score of 75%, and then pass the state exam, also with a passing score of 75%. Some other conditions apply – see your broker or call our office for details.
Real estate agents do have personal lives too! This means that they take time off for vacations and holidays. Because agents work on commission, they try to schedule time off around their business obligations. But then again, so do most people.
That depends on your goals and your broker’s needs. As a real estate agent, you work with the public and make appointments at times convenient to everyone. This may be during the day, in the evening and may include weekends. The hours you work are largely up to you. It depends on what you need to succeed.
In real estate sales, raises are generally built in for two reasons. Typically, the value of real estate increases over time. Because you are paid on commission, as the sale prices increase, your commissions will increase, too. Because you are paid on volume, the longer you are in the business, the more contacts and referrals you will develop. As the volume of your sales increases, so will your income.
That depends on you. Real estate agents are paid a commission based on closed sales. The greater your volume in sales and listings, the higher your income will be. The more time and work you put into your career, the more financially successful you will be.
Selling real estate can be financially rewarding as well as a personally satisfying career. As a real estate professional, you will work with the public and help them satisfy their housing needs. While some people are selling their current homes and buying new ones, many are first time buyers. If you like to work with people and help them while earning a satisfying living, this may be the right career for you.
Typically, real estate agents are contractors. This gives them a lot of freedom to determine how to do their job and how to be successful. But, because real estate agents work for a broker, the agent usually receives training and guidance from the broker while working within the office policies and guidelines.
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