Everyone has heard this…
"Earn license in just 2 months!!!"
I have learned that anything worth having takes a lot of work and that doesn’t seem like a lot compared to taking the college courses which could be over a year in some cases. So are these schools legit? What is the difference between traditional colleges that take longer and the "fast" way?
If possible, what would be best for me? I barely graduated high school, have done some college, support myself, with a great but full time job. Now I feel it’s time to get into being an entrepreneur and I want to work fast (I want to start very young). Money is no object, I will figure out a way to make it work if it is a good investment in the long run…
Well, if you are looking to being an entrepreneur getting a real estate license is not the way. It is really easy to get the license, but you have to work for a broker, you just don’t go out on your own and start selling houses.
The schools are mostly legit, they prepare you for the test. In CA you only have to get 60% of the answers right to pass. You can pass by simply guessing.
If you are serious about being an entrepreneur you should think about getting a regular 4 year degree in business. You can’t learn the skills you will need to start and run your own business in a 1 year class.
UCBComedy.com presents…
The twin girls from Stanley Kubrick’s ‘The Shining’ quit haunting and seek a future in real estate. Parody video written by and starring Dannah Feinglass & Danielle Schneider. Directed by Matt Besser.
Originally presented at Upright Citizens Brigade Theatre in Los Angeles: “Comedy Death-Ray” October 31, 2006.
“Comedy Death-Ray” (CDR) is LA’s premier stand-up showcase. Tuesdays at 8:30pm. Five dollars. All ages.
With Owen Burke, Wyatt Cenac, Kulap Vilaysack
Duration : 0:4:29
Read the rest of this entry »
Say a house is listed with Agent B who works for Brokerage G. If Agent B decides to quit Brokerage G and go to work for Brokerage D, does the house stay listed with Agent B or Brokerage G?
Brokerage G could be nasty and keep the listing even if sellers want to transfer it to Brokerage D, but why deal with unhappy sellers. If sellers ask for a transfer in writing, it will usually be done.
what would be the comment on property tax increase, if you were a farm, homeowner, and realty state agent. meaning what would they say to a property tax increase.
Could you please be a little more specific? What would "who" say? …. the county? and, for what reason are you referring to the property tax increasing? It would only happen if your property were to sell at a higher amount, you had it appraised for refinancing, or you did improvements that increased your property value.
I’m looking for rent to live off-campus next year, so I contacted a realty to find me a house. What do they exactly do for me? Do I still have to contact the landlord too? thanks!
If I find a house with people who are looking for an additional roommate, can the realty still help?
Property owners wishing to rent their property may hire a real estate company to act as their agent. These companies are paid by the property owner to list the property, find the tenants, show the property, check the prospective tenant’s credit history, get references, make sure the tenant is acceptable and can pay the rent and sign the rental agreement. In many cases you will pay the rent to the real estate company.
No, you don’t usually contact the landlord. One reason landlords hire real estate companies is so that the real estate company can handle all of the details. Sometimes you may be charged a small fee by the company to pull your credit and handle the documentation, sometimes not.
You can also look for available rentals in the local newspaper or online on such places as craigslist.org. You don’t necessarily need a real estate company but sometimes landlords are more comfortable having a real estate company handle the property.
Good luck!
Looking for any feedback, good or bad, from someone who has purchased a home through Regents Realty Group. Anything from quality of home, service, community, etc.
A Chicago Police Department investigation into a Roscoe Village-based realty firm has already turned up losses in excess of $2 million. The funds were allegedly diverted from the coffers of at least 45 condominium associations managed by Regent Realty, 2130 W. Belmont.
The losses are affecting everyone from condo owners to former Regent employees to contractors who performed services at buildings once managed by the firm.
According to Sgt. Phil Cappitelli of CPD’s Financial Crimes Unit, no charges have been filed in the ongoing investigation.
Regent, according to its now-defunct website, was formed 20 years ago by Jay Strauss and Donald Doering. Services provided by the company included property management, real estate brokerage and apartment leasing.
In late January, a wave of Regent’s clients began questioning whether their funds were being siphoned by the company.
Paul Kolenda is the treasurer of one such condominium association, located at 1934 N. Washtenaw in Bucktown. He said he had a six-year relationship with Regent that began at a previous residence in Lake View. Kolenda described Strauss, the company’s head, as "a grandfatherly old man," and recommended his association hire Regent to manage their building.
Kolenda began to grow suspicious in December 2007. A vendor complained that a check written by Strauss on behalf of the association had bounced. Estimating the association had saved more than $380,000 for long-term maintenance projects, Kolenda requested his property’s bank records, and was shocked to find their account held a scant $50.
Kolenda said Strauss assured him that the money was being held in an interest-bearing account and the failure to transfer the funds was an honest mistake, attributable to the stress of his wife’s illness. "He said, ‘it’s just been crazy with my wife,’ trying to tug at our heartstrings," Kolenda said.
In early January, Kolenda began contacting the leadership at other Regent-managed properties. "That’s when I realized it wasn’t a little mistake or a one-time thing," he said.
He immediately terminated his contract with Regent and filed a police report. Within a week, more than a dozen other associations followed suit.
It was around the same time that Barbette Loevy, a former Regent employee, received a phone call telling her to come in and clean out her desk.
"I was out of town and someone called and told me to pick up my things and that they were closing," she said. "They told me absolutely nothing about why."
Loevy says she worked for Regent as a Realtor and was not involved in condominium management.
Strauss and other Regent employees declined to comment for this article. Their offices remain closed and their phone lines appear to have been disconnected. Mail strewn about in the entranceway and papers overflowing in the fax machine suggest the office has not been in operation for some time.
As the police investigation continues, the owners of the properties Regent once managed have banded together and formed a listserv to share experiences and exchange information.
"You can’t imagine what a mess it is," said Jay Shindler, treasurer of the condo association at 1920 N. Lincoln Ave., another Regent-managed property. "We’re trying to figure out where we are delinquent and how much, and what is paid and unpaid."
Kolenda’s building is having a particularly difficult time with that process. "We owe over $100,000 in bills for everything from water to electricity to trash to insurance," he said.
"Regent was paid to collect funds from the units, manage the building and pay the bills," he said. "Now, beyond impacting us, there are all of these vendors out there that are just stuck. You’ve got small business people out there that are struggling because of this, so the ripple effect just goes on and on."
Don Wilson, whose law firm is representing the residents at 921 N. La Salle, another formerly Regent-run property, says his clients requested that their handyman be given a Christmas bonus with their savings. "Not only did [Regent] not send the bonus, but they sent an invoice saying they had given him the bonus-when, in reality, they hadn’t even paid him his regular salary for weeks," Wilson said.
According to Vincent Lavieri, attorney for 1924 N. Washtenaw, part of the problem is that no one knows what bills have or have not been paid, a problem compounded by the fact that Regent’s management has not given association representatives access to their files.
Lavieri says all financial records are currently being held by Strauss’ lawyer, Camille B. Conway of Barnes & Thornburg LLP, who has promised to share them with their respective associations, but has stopped short of saying when they can expect to see that happen. Conway declined to comment.
"It’s causing problems for my client as well as the 45 or so associations that have been managed by Regent," Lavieri said, adding that they have "no way of knowing what the current state of the association’s affairs are or which vendors are legitimately owed money."
The size and scope of this case, Lavieri said, is extraordinary, as is the amount of work it will take the affected parties to get back on their feet. "I’m aware of other cases where property managers have been accused of misappropriating funds, but
More lowlights from the REO trail in North San Diego County
Broad Ripple Realty
A Loan Modification is a permanent change in one or more of the terms of a mortgagor’s loan, allows the loan to be reinstated, and results in a payment that you can afford.