Business Tips Pro

Tag: real estate

  • Is Real Geeks Right for Your Real Estate Business?

    Is Real Geeks Right for Your Real Estate Business?

    Real Geeks Review: If you’re in the business of selling real estate, you probably want as many potential clients to know about it as possible. But it can be hard to get on top of online marketing when you are busy doing other things – like listing and selling property, or handling other administrative tasks that come with running your own business. Fortunately, there are services out there that will do these jobs for you – but are they right for your real estate business? Read on to find out what we thought of Real Geeks…

    What are Real Geeks and what can they do for your business?

    Real Geeks is a cloud-based real estate investment management platform that tracks and analyzes all aspects of your business. With this in mind, it’s ideal for investors who want to minimize their time spent on financial management, including data entry and tracking the performance of the properties they manage. It is also worth mentioning that you can use it to monitor cash flow and even generate reports by property or by investors.
    Real Geeks offers a free 30-day trial so you can see if it works well with your needs as an investor before committing to a monthly subscription fee (starting at $19/month).

    How does a business use Real Geeks?

    Real Geeks is a great way to see which properties are on the market and what they’re going for. You can find details about the properties including square footage, lot size, bedrooms, and bathrooms. You can also see property photos, read reviews about the home from other buyers and sellers, and get information about neighborhoods in different cities. The reviews allow you to learn more about a particular property before getting into a bidding war with other buyers. Seeing how many people use this site, it’s a good idea to check it out before making any decisions about which home you want to buy!

    What do you get if you purchase Real Geeks now as opposed to waiting?

    You get access to a library of over 400 training videos and tutorials on how to build a successful real estate business. You’ll also be able to take advantage of the experts who are available on demand 24/7 to answer any questions you may have during your journey. Plus, there is no limit on the number of people that can use the system at one time, so you can bring in your whole team! Lastly, if you opt-in for a monthly subscription, you’ll receive up to five new video tutorials each month as well as an online quiz designed just for real estate agents.

    The Verdict – Should You Buy Today or Wait Until the Product Changes?


    The product is in beta testing, and the company has assured us that they are making changes to make it better. The execution of this product is excellent, and there are many things that I love about it. However, there are also a lot of features missing right now. So should you buy today or wait until the product changes? Well, if you want to use this software as it stands now, then go ahead and purchase it.

  • Is Becoming a Real Estate Agent Right for You?

    Is Becoming a Real Estate Agent Right for You?

    Do you want to be your own boss?
    Do you have great sales skills? If so, becoming a real estate agent might be the perfect career for you. But before you invest time, money, and effort in that new career path, make sure it’s right for you by asking yourself these three questions…

    The Basic Requirements

    You must have three years of work experience and be at least 18 years old. You’ll also need to live in one of the states where the company has an office, and pass a criminal background check. The cost of becoming an agent varies from one company to another, but we’re including these fees from real estate giant Keller Williams below as a reference:

    – $145 per hour for pre-licensing coursework – $35 exam application fee – Upfront payment of $50 or more for licensing (depending on the state) – Ongoing dues and expenses that vary by region.

    The Costs of Being Licensed as a Realtor

    The process of becoming a licensed Realtor varies by state. First, you’ll need to pass the required exam (all states will require one). The licensing test includes sections on professional duties and law, finance, marketing and listings, principles of negotiation and salesmanship, business management, and operations. In addition to passing the test and applying for your license, you may have to undergo additional training or submit an application for approval to work with a brokerage before being granted approval. Once approved by a company there are still fees involved such as application fees, exam fees, and annual renewal fees (if applicable). Read more about the costs of getting your real estate license.

    What Are the Educational Requirements?

    In order to become a real estate agent, you will need to attend either an accredited high school or accredited university where you can obtain the following degree: Bachelor’s Degree in any subject. It is recommended that you take courses in business administration, finance, and economics. Courses may also include negotiation skills, legal aspects of real estate, accounting principles, and analysis of financial statements. Once you have your degree, then you’ll need to find an approved broker-training program from one of the many schools around the United States. Once you have completed your broker training program, then you’ll need to pass both states licensing exams before being able to be licensed as a Real estate agent. There are several other things that go into becoming a real estate agent such as obtaining your own office space with utilities included and buying all necessary furniture/equipment. The total cost of becoming a real estate agent is $12,000+.

    Going the Distance

    People often choose to become a real estate agents for the money. A successful agent in one of the top markets can make $200,000+ per year (not including equity earned). However, that is not always the case. So before you decide on pursuing this career path, read on to find out if it is worth your time and effort. First off, becoming a real estate agent is expensive! It will take approximately 10 hours at least 40 hours of training at a cost of $400-$2,500 (plus travel costs) with only an 18% chance of passing the state exam on your first try.

    Working with an Agency vs. Going Solo

    Many real estate agents start by working with an agency and slowly transition over to going solo once they have the experience needed to succeed. They also need to invest in their own office space, signs, business cards, marketing materials, and even education courses. This can cost up to $40K and does not include ongoing expenses like leads or software programs. Individuals without sufficient funds are encouraged to work with an agency until they can afford all of the essentials on their own. Once an individual has built up their portfolio of clients and reputation in the community, they may choose to strike out on their own. A real estate agent license is required before applying for jobs with different companies. To be licensed you must take classes from the National Association of Realtors® (NAR). NAR offers 2-day live classroom sessions where students learn about contracts, negotiating strategies, appraisal techniques, and other relevant topics that will help them become successful agents.

    Where Can I Get My Start?

    First and foremost, there are two types of agents in the real estate industry: buyers’ agents and listing agents. A buyer’s agent represents the buyer and negotiates on their behalf. They do not share any commission with the listing agent if they sell to another agency. They can act as a mediator to find that perfect home or they can represent your bidding interest at all times. Listing agents, on the other hand, work solely for sellers of property and maintain 100% of their commission on transactions as long as it’s sold at another agency (they don’t have to share it). They create listings through various forms of advertising in hopes of generating leads with potential buyers or seller clients.

    Tools & Resources To Help You Succeed

    The National Association of Realtors has some helpful tools and resources for aspiring real estate agents. Some of the things you should consider before choosing this career are how much time and money it will require, what your strengths and weaknesses are, how committed you are to success, whether or not you have enough experience in this field if you’re able to make yourself look professional enough that people can take you seriously, etc. It’s important to ask yourself all these questions beforehand so you don’t waste time on something that might not be a good fit for your lifestyle. To read more about becoming an agent or find out if this is right for you, check out their website