Real Estate is a big business loaded with profit but also loaded with risks. Nothing happens without the risk factor but if you want to bet as successful as Tim DeCapua in the real estate business it’s wise to learn what he did to get to where he is.
Get educated. You must take pre-licensing courses to even begin your journey into the real estate world. Understand that the requirements vary depending on the state you reside in. Idaho, where Tim DeCapua lives, requires two courses totaling 90 hours of education. You’ll need to contact your state’s real estate commission for your state’s requirements for licensing.
Find a brokerage. real estate brokerage is the agency where real estate agents and brokers work. Since working with a broker is a requirement in order to practice as a real estate agent, you will need to contact a broker before graduating from your training course. When you search for a broker, think about its reputation and if they offer any additional training. Check broker reputations by reading online comments, asking friends and neighbors who they’ve had experience with and getting advice from your instructor on choosing a brokerage.
Getting Licensed. Getting licensed means passing the tests and exams needed. One of these exams may be a background check and be ready to pay at least $200 give or take depending on your state for exam fees.
Real estate transactions are so complicated. I can’t even imagine trying to sell my home on my own. I’m glad there are people like Tim who know the business inside out and can help me get the best deal.
I can tell you from experience that real estate is a field that requires a lot of footwork and research in order to be successful. BUT if you actually take the time to learn from someone who knows what they’re doing, you will be successful. It’s as simple as that. Tim DeCapua is one of those people.
There is no doubt that real estate is a risky business. It’s definitely a plus to know someone like Tim DeCapua who can help and is willing to share some of the things he’s learned since being in the business.
I can honestly admit that I didn’t know it was a requirement to take PRE-licensing courses. I’m glad that I know that now.
I’ve worked with a lot of real estate agents over the years and have seen the good, the bad, and the ugly! It takes a lot of hard work and great listening skills to be a good agent.
Anyone thinking about becoming a real estate agent should talk to other agents to get a better idea of what the job requires.
I would love to get started in real estate, but did not appreciate the kind of commitment it takes. I agree that Tim DeCapua would be an awesome mentor, and also that there are some terrific schools out there.
But I’m thinking that it might be in my better interest to simply work with him on acquiring investment properties that I could rent out, rather than try to get my own real estate license. I have a very demanding job, which provides me with resources to invest, and I think real estate is an appealing investment for many reasons, but I just think I might be better off using an expert such as Tim to find the right deals for me.
Anyway, these are just my thoughts, maybe others have some insights for me on this. I just don’t want to get too exhausted.
Besides, it might take years after meeting the requirements to really know what you’re doing?
I never really understood the process of becoming a real estate agent. It sounds pretty straight forward, but I having a feeling it’s pretty complicated. Luckily I’m in another field and can let agents like Tim deal with the market:P