Are you looking to launch a real estate career or plan on relocating to the United States in the near future? If so, then you need to consider taking advantage of the many online courses that can put you ahead of the competition.
With job opportunities like there are no froggings in the digital age, more and more people are choosing to explore the world of real estate. According to the U.S. Bureau of Labor Statistics, employment opportunities in the field are expected to grow by 21% from 2016 to 2026.
Real estate can be a very competitive industry, and knowing the right tricks can give you the extra boost you need to succeed.
In this article, we’ll tell you about some of the essential skills you need to acquire to be able to succeed in the real estate industry and what courses can help you get there. We’ll also list some of the online resources you can utilize to gain the knowledge you need.
Marketing & Research
You’ll need to hit the ground running in the real estate marketing department if you want to make it in this industry. More and more people are discovering the power of online marketing these days, and it’s never been easier to spread the word about your business. In fact, 96% of people have downloaded a business app in the last year specifically to find or follow a real estate agent.
So whether you’re old school or brand new to the game, investing in a good real estate marketing strategy is a must. One of the best courses you can take to learn the ins and outs of marketing is through an accredited university.
The research part comes into play when you’re trying to decide where to invest your money and time. It’s important to find a real estate agent who is a member of a real estate research company. This way, you’ll be able to find accurate market data and up-to-date information about what’s going on in the housing market.
As we’ve established, marketing is one of the key areas you’ll need to develop as a real estate agent. However, you’ll also need to learn how to close a deal if you ever wanted to make a profession out of real estate marketing. One of the best training courses for sales is the Real Estate License Selling Course, which is also one of the most popular real estate marketing online courses. This is a nine-week course that teaches you everything you need to know about closing a real estate deal from the perspective of a salesman.
Now we’re getting into the meat of the matter. Once you’ve successfully closed a real estate deal, you’ll need to learn how to become a go-to real estate agent for your plans and neighborhood. This involves a lot of people management, so taking the Realty Basic Management Course will put you ahead of the competition. This is a self-paced course that can be accessed from any device so you can learn on the fly.
Financing is one of the primary concerns when you’re buying a home. Naturally, you’ll want to find the best possible mortgage for your needs and the limits you’ve set for yourself. But, you might also want to consider an investment property because interest rates are currently at record levels, making now a good time to purchase. A good real estate agent will be familiar with the ins and outs of mortgage lending and will be able to provide expert advice on the best options for your situation. The Fundamentals of Real Estate Finance course is one of the more in-demand real estate marketing courses because it teaches you the very basics of mortgage lending while also offering you a sense of personal responsibility and accountability. This is important if you ever want to be able to negotiate a contract successfully.
Real Estate Law
There’s no avoiding it: As a real estate agent, you’ll eventually have to learn the ins and outs of real estate law. When it comes to residential real estate, most states require that you be licensed as a real estate agent. In some states, you must also register with the state realty registry. This is where you’ll learn about the many legal requirements and considerations that come with being a real estate agent. For example, you must register your business with the state; set up a book of business with a bookkeeper to maintain account records; establish a working relationship with a title insurance company; obtain a general warranty deed for any new property you buy to insure against any material defects; and, get a certified copy of the deed for each property you sell to create a chain of title.
After you graduate from college, you’ll be able to take the Texas Real Estate License Exam, which is one of the more in-demand real estate license exams. You can also take the Real Estate License Sales Agent Exam, which is a common prerequisite for most states if you want to become a sales agent. You should also look into taking the Real Estate Loan Agent Exam if you plan on lending money to your clients. In most cases, you’ll need to pass a written exam and a criminal background check to be eligible for licensing.