What do real estate agents do?
Sales agents provide a number of services, both residential and commercial, for their customers and clients. As an agent, you can list and sell homes or businesses, rent income properties, or help families relocate to and from other cities. Real estate is not just another job... it’s your business.
In New York State, a 75-hour Qualifying Course is required before you can obtain your license. This will cost you approximately $395. In addition, the state charges a $50 fee for the license itself, which must be renewed every two years. The Qualifying Course also prepares you for the license exam required by the state which is $15.
Do I need to have a background in real estate to become licensed?
Most people who get their license for the first time do not have prior real estate experience. The qualifying course provides you with as much knowledge as you will need to pass the license exam.
Do I need to take a training course and how much will it cost?
In addition to the required state course, all RealtyUSA agents must take an 8-week Jump Start course, for which there is no charge. This course insures that salespeople are fully prepared to conduct business at the end of the training period. Also, each office has a full time sales manager and assistant manager to advise and assist new agents.
How long does it take to get started?
Technically, agents may begin working with clients as soon as they have received their license. However, most agents begin working with clients and customers as part of their 8 week Jump Start course.
Are agents paid a salary?
All RealtyUSA agents work on commission. The company receives a set percentage of each sale, which is divided up between the buyer’s agent, seller’s agent, and the respective companies. Also, agents receive commissions from relocation referrals into or out of the area.
What is the difference between a broker and a salesperson?
A salesperson works under the sponsorship of a licensed Broker. At RealtyUSA, the company is the broker and the salespeople are independent contractors working under its supervision. RealtyUSA encourages agents to work for their Associate Broker’s license. More than 100 of our agents hold this license.
What is an independent contractor, and what are the advantages?
As an independent contractor, you are not actually an employee of RealtyUSA. You are entitled to make your own schedule, and work with as few or as many clients as you wish, depending upon your financial goals. You are rewarded in direct proportion to your efforts. One of the advantages is that as an agent your time is completely flexible, allowing you to incorporate home, family, and other commitments into your day.