Real estate course

[fluid]

Ive been thinking about getting into real estate, ive got free time now so...

Any one know of real estate courses that i can take; or any advice.

thanks!

[fluid]

so far ive found course at mount royal, more expensive than i though it would be...
says in total it would be around 6800$

[barmanjay]

After all is said and done,.. after all your yearly fees and etc,... living expenses,.. expect to be in well over 10k.

the average 1st year gross for a 1st year realtor - 23k

[Nabberj]

Go to Creb (Calgary Real Estate Board) they offer the courses there. As well like the OP mentioned Mount Royal does too.

[JordanLotoski]

Id say if your looking at becomeing a realtor...try to work for some of the busier agents in town...I have 2 newer agents working for me now and they do pretty good.

Best of luck

[msouther]

"Id say if your looking at becomeing a realtor...try to work for some of the busier agents in town...I have 2 newer agents working for me now and they do pretty good. Best of luck"

How does one go about getting to work under a busy realtor?

I have a realtor I have used a number of times who would be a great mentor, but he already has some people working under him, so he doesn't have room for me.

I quit my current sales job where I have done very well (top sales nationally) so that I could focus on selling something I am passionate about, real estate. I am going to enlist in the program starting on July 6th at CREB, and should be done by late September. I have a real estate company who I am meeting with that will sponsor me, but how does one know they are picking the right one?

Any advice from existing realtors would be appreciated. Thanks!

[barmanjay]

For you being new in the biz

the #1 thing should be support from the broker, continuous training, ability to "shadow" some experienced realtors and some good mentoring

Cost will be HUGE for your first year, you might have to work a heft commission split (very small monthly fees though) to get yourself moving (70/30)

[msouther]

I sent you a PM Barman, but what you said sounds exactly like what I am on the trail of. I have a brokerage I am meeting with which I told you about in my message. They will provide training, mentorship with a realtor who has owned a brokerage and has almost 20 years experience, and much more. This is the type of set up I like.

I am prepared to not make much money and have some financial backing to get through it. I do expect myself to make more than the average 1st year realtor would make, as I have a very strong sales background, and above average knowledge of the real estate industry to start with. I am actually excited to take the courses and learn about the theory and minutia about the biz.

[HRD2PLZ]

If you don't have the option to work with a successful, experienced Realtor, then select a brokerage who will provide training (and ACTUALLY provide training), support and have a genuine interest in your success. Over my years in the industry, I've worked at a few different brokerages and the differences between them have been night and day. My best advice to you would be to interview with as many brokers and brokerages as possible. Most of our larger brokerages in Calgary are franchised... and they are not all created equal

Even as someone with 6 years in the business under my belt, I wish I would have found my current brokerage sooner. The amount of time, money and effort they invest in their agents is incredible. We have a fantastic support system and everything the Brokerage does is meant to streamline our business and take the "office" stress off os us Realtors so that we can focus on our clients. The Broker and Manager basically "hand-pick" their Realtors and that makes a big difference as well.

Best of luck! Its a fantastic career!

[msouther]

I have a question for you Barmanjay or HRD2PLZ:

I start the course on July 6th. At what point in the process of obtaining my license do I need to have a brokerage selected or be selected for sponsorship by a brokerage?

I have one in mind, but I wouldn't mind checking out others as well. If I don't need to have the sponsorship secured before it starts, then this gives me more time to do my due dilligence.

Thanks for your help guys, it is much appreciated. I am slightly nervous, but mostly just excited about this, the biggest career transition in my young life.

[barmanjay]

IIRC:

Taking the course is fine, when you register to enter the Calgary Real Estate Board and take those relevant 1-2 day courses; that is when you need sponsorship.

While taking the introductory courses and supplementing courses, you didn't have to pick a brokerage yet.

If you are taking the courses at creb, call them up and ask for the prerequisites to taking the initial RE course just to make sure.

I took mine at Mount Royal - better atmosphere and the food is better

Food at creb sucks - personal opinion.

[extm88]

Just have fun through the course msouther
It is not difficult at all and to be honest, once you finish.... 80% of what you learned in the course goes out the window (for me anyways) and the real learning begins by actually doing it and making mistakes.
Best of luck, Im one of the youngest in the city and cope with that challenge all the time however looking at people like HRD2PLZ our sponsor who is a seasoned vetts gives me motivation!!!

[HRD2PLZ]

The course and processes have changed quite a bit since I took it. But I do believe you need to have the brokerage selected before taking the CREB orientation course right before becoming licensed. The brokerage "sponsors" you for the CREB orientation and once you're through that and the brokerage has you licensed you're ready to go!!

Originally posted by extm88

Best of luck, Im one of the youngest in the city and cope with that challenge all the time however looking at people like HRD2PLZ our sponsor who is a seasoned vetts gives me motivation!!!

Sure, it can be a challenge but it doesn't have to be tough. I was licensed at the age of 20. Just have to use the age to your advantage

[extm88]

Originally posted by HRD2PLZ
The course and processes have changed quite a bit since I took it. But I do believe you need to have the brokerage selected before taking the CREB orientation course right before becoming licensed. The brokerage "sponsors" you for the CREB orientation and once you're through that and the brokerage has you licensed you're ready to go!!




Sure, it can be a challenge but it doesn't have to be tough. I was licensed at the age of 20. Just have to use the age to your advantage

You are correct
1) go through the course at MRC or CREB
2) find brokerage to sign with
3) take creb orientation
4) become a instant millionaire :P jk

PS: I started a year before you and know what you mean about a challenge but not tough. Different target market!

[msouther]

Thanks everybody for the advice. I am super excited about this new endeavour and working with some of you on some sales hopefully. I am confident that if you have passion about selling something, success will follow. I put customer service # 1, and that is what separates the mediocre from the top realtors. Referrals are the staple of a solid business. I am also going to meet with a few different real estate agencies to get an idea of what their prospective sponsorship package would be like. I plan on bringing my resume with me too, just so they know what type of salesperson they are getting on their team.

[HRD2PLZ]

Originally posted by msouther
Thanks everybody for the advice. I am super excited about this new endeavour and working with some of you on some sales hopefully. I am confident that if you have passion about selling something, success will follow. I put customer service # 1, and that is what separates the mediocre from the top realtors. Referrals are the staple of a solid business. I am also going to meet with a few different real estate agencies to get an idea of what their prospective sponsorship package would be like. I plan on bringing my resume with me too, just so they know what type of salesperson they are getting on their team.

Referrals are the way to go, I work by referral only and built my business on that alone. A phenomenal training program to take is Brian Buffini's 100 Days to Greatness. A number of the good brokerages in the city offer this.

[msouther]

Hey Everybody,

This is a little bit last minute, but I am hoping that someone will have some info for me. I am taking the Intro course tomorrow to the REAP program, and apparently I overlooked the part about picking up the text book beforehand and doing some reading prior to the start.

I have a pretty good knowledge of the basics as it is, but do you think that I will be penalized or will this hinder my learning experience and outcome on the exam which will be on Tuesday? I plan on going in a 1/2 hour early tomorrow to read a bit, and then also read the rest on my lunch break.

Please advise. I thought I had done my due dilligence as I have already had my transcripts sent to AREA, had my finger printing and criminal record check done, and for some reason I didn't see this part. Thanks!

[600cc's]

Intro course is a joke its plain and simple it’s the material you learn after that you have to pay attention to you will be fine good luck

[barmanjay]

intro is pretty cut and dry, easiest part of the whole course

[msouther]

I can always count on Beyond to come through. Thanks for the answers. From reading through the material on the CREB website, I was pretty sure this would be simple stuff. Thanks!