What to Know About The Real Estate Industry

Entering into the real estate business as an agent, broker or buyer is very exciting but can be a little bit shocking for most people. Here are some of the misconceptions that the newcomers need to know about each aspect of the real estate industry. Being a Real Estate Agent Real estate agents need to complete state-specific training, courses, or licenses in order to be legal realtors.  A Large Income Most new agents believe that the profession will grant them a significant boost in income and they will be wealthy extremely fast. But in reality, that is not the case….

Why Real Estate Agents Fail?

The real estate profession is considered one of the most rewarding but still many real estate agents fail to stay within the industry. Even top real estate brokers admit that the average number of successes are quite low in the real estate profession. A large portion of new realtors end up leaving the industry within their first 5 years. Many realtors don’t make much money, they have no benefits and they have no retirement plan. However, there are lots of top-tier agents who make a lot of money and also have a much better retirement plan than other realtors. If…

Why is Real Estate Called Real Estate? | Definition of Real Estate

Admittedly, “real estate” is a funny phrase to describe your house or property. So, what exactly is the meaning of real estate, and how did it come to earn the name we use now?  Why is it called “Real Estate”? Before we get into real estate’s meaning, lets see the context of the word’s etymology. Real estate became a legal term to identify a royal grant of estate land. The term “real estate” is first recorded in the 1660s, so we find its etymological origins in Early Modern English. The word “real” is derived from Latin, meaning existing, actual, or…

Tips to Choose the Best Offer on Your House

Are you super excited to receive multiple offers for your home up for sale? Is this the first time you’re selling a home? If you answered yes to any of these questions, then make sure to read this insightful post as we share some of the most effective tips on how to choose the best offer when selling a house. Home sellers often think that the highest offer is perhaps the best one. However, what they don’t realize or know is that there are tons of other factors that need to be kept into consideration before determining the best offer…