A real estate instructor writes in to give would-be real estate agents job advice. The instructor's job advice says that a real estate agent's career has lots of costs. According to the instructor's job advice, most real estate agents earn about $40,000 a year. The instructor's job advice reminds potential real estate agents that a real estate career can be lucrative but it's not an instant path to riches.
In simple terms, a quitclaim deed transfers any interest a person may have in the property without making any representations as to whether that person owns the home or not. A warranty deed performs the same task but gives the buyer (or person receiving the title) a representation that the person signing the deed and conveying a property has an interest in that property to convey. Most people use quitclaim deeds to transfer title between themselves. Sometimes, and for obscure title insurance purposes, it may be better to use a warranty deed.
Want to be a real estate agent and start a career in real estate? You should research real estate career factors like salary and training to be a real estate agent first. Real estate career salaries can vary widely with top real estate agents earning more than $111,000 a year.
You should definitely hire a real estate agent to help you negotiate with a builder on a new construction home. Hiring an agent won't cost any more and will give you someone who is well-acquainted with deals like yours. Just because you are a good negotiator doesn't mean you're able to navigate a real estate deal without an agent.
As you're getting your home ready for sale, you may want to do a prelisting inspection. You'll need to find a good home inspector when you sell your home. Visit ASHI's website and talk to people you know to find a trustworthy home inspector.
When you get a home via a quit claim deed and then have to move out of state for work you're faced with a decision. Should you sell the home you received through a quit claim deed or should you try to keep it as a rental property? The decision to be come a landlord or to sell a home depends on whether you have enough money to maintain the home or feel that you can find a good tenant. You should also take tax considerations into account.
