What and how is a good way to start out as a Real Estate Developer?
455789
Different parts of the country are good and some are bad for developing new real estate.  A first project needs to be successful so that you can afford more, and for that reason I'd simply invest in a "spec" house.  Meaning you build a house and sell it while its under construction or immediately after its done.  Manage the process closely and you can make a few dollars.
371448
The best way to go about is starting with single family homes or duplexs.  You'll get a taste of being a landlord.  With apartments it can be tricky.  Also, think about liquidity.  Apartment buildings are much more difficult to sell.  \n\nOnce you've established yourself with duplex's and houses then think monopoly.  Trade them in for the apartment complex. Good luck
116615
First and foremost you need to have your license.\nCalculate your personal expenses for two years and try to save that money, just in case you start your business and no money comes in for the first or two years.\nStart your business at home, that way you have less expenses. You will also need to find out how much it will cost to buy a computer and software (usually around $10,000).\n\nThen try to make friends with Architecs and Surveyors.\nUsually they will refere you to jobs.\nThat's how my friend got started and now he is really busy with a lot of work.
1182482
The best routes to take are to research the process of starting a business as well as the industry you're interested in.\n\nI recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.\n\nAssociations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links. \n\nResearch, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:\n\n* Professional Real Estate Development 2nd Edition by Richard B. Peiser, Anne B. Frej\n* Real Estate Development: Principles and Process by Mike E. Miles\n* Be a Successful Residential Land Developer by R. Dodge Woodson\n* Land Development Calculations: Interactive Tools and Techniques for Site Planning, Analysis and Design by Walter Martin Hosack\n* Residential Land Developer's Checklists and Forms by R. Dodge Woodson\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
769297
Try the Internet and your local library.  You can also ask other real estate developers about what they think about the future of the industry.
925959
I don't have real estate background.\n\nI change career and am now into MLM. If you are changing career, I encourage you to explore it too as an option. \n\nA website I recommend is www.network-marketing-works.com.
232890
How to become a realtor? \nhttp://www.southernmarylandrealtors.org/how_do_I_get_Started.htm\nAlthough I don't know where you live, but this should be a little guideline for you to be a realtor. Good Luck!
1072902
That's how I started.  I ended up working with a friend who was the listing agent for two construction companies.  You're going to have to do one thing better when working with new construction than any other residential type of real estate.  You're going to have to have a sellable system: \n\n-- outline your process\n-- demonstrate why this is better than the order takers at other model homes\n-- setup an incentive system with your listing agreement.  The broker I worked with had bonuses tied to selling and building on certain lots\n\n\nI'd only work with builders who have invested in a model.  You're easiest sell will be to find a model home that isn't manned very often (usually these just have a sign to call the contractor) and demonstrate how you can get people in there more, and make the builder more money than you're costing him.  You're going to want to lean on the fact that the model is costing $x per month, whether it sells one home or ten.  Why not work with a system that will bring you ten?\n\nIf you're looking for a system, try Top Producer.  You can choose others, but that's just one I can remember that seemed to work all right.  (It's just a prospecting system that's computerized).  You'll probably also do very well with Bill Good's "Prospecting Your Way to Sales Success."  A great ground-level guide to prospecting in any business.  With one or two of these under your belt, you'll easily be able to demonstrate the value you can generate.\n\nGood luck, feel free to follow up with Yahoo! Answers' email.
98258
You could go to a traditional school for your real estate school needs, or you could try what I did and do it all online.  Online is a great way to go, you can get through the required material much faster than you would sitting in a class room.  I took classes thru United Educational Services and Allied Schools (both are licensed by the state of CA).  I would HIGHLY RECOMMEND Allied.  Their materials are much better and they have great customer service if you run into any problems.\nGood luck with your real estate stuff.
353594
I'm a part-time agent (with a full-time job) and have been for a year and a half.  It is very difficult to do with a full-time job.  If your full-time job is not flexible, then I would advise against becoming an agent.  You are going to need to take/make phone calls and run paperwork around, and if your job is not flexible, you won't be able to be the quality agent your clients deserve. Obviously, many things can depend on the local market you are in. Find a good agent who's willing to talk to you about the real estate market in your area. Knowledge is the #1 thing you will need: knowledge of contracts, clients, market conditions, mortgages, etc!\n\nYou will really need to be on top of things.  If you don't make your real estate deadlines or things fall though the cracks, you will never make it.  Be organized and detailed!  The hardest part is starting off.  If you don't know a lot of people who are potential clients then you may not have any business for a while.  Since you won't have time to work in the office to try to pick up calls there, then you are going to have to find clients somehow.  This is important. No clients = no sales. Tell everyone you know that you are an real estate agent.  You never know when they will remember and call you when they need an agent. Ask to work open houses for other agents. Open houses are better opportunities to pick up new clients than it is to sell the house. Most people won't necessarily want the house you are at, but make sure you get their information so you can send them information on more houses they might want.\n\nI agree with the other answer about teaming up with someone else.  You can help each other succeed and possibly split some advertising expenses, etc. You need to be prepared to spend a lot of money before you make ANY money: classes, exams, licensing fees, business cards, association dues, signs, MLS fees, and more. Research what costs you will have and be well prepared for it, or you may become disillusioned and give up too soon. Many agents are lucky to have one sale in their first year. \n\nGood luck!
832085
Congratulations on venturing out on your own!\n\n1st - don't quit your day job.  Try to get a job in the industry that you want to have your own business, and get out there and make contacts.  \n\n2nd - take a class in business management at the local community college.  And take a class in realestate investment (you may not be investing but you want to know the mindset of your clients - they invest in the property only to rent it out)\n\n3rd - keep tight financial records - including how much of your home you use for a home office, how much phone time, etc.  At the end of the year you can write this off - provided that you have obtained a business license.  I would consult a professional tax prep for this, and do not wait until the last minute.\n\n4th - don't skimp on advertising or promoting your company (I am not saying take out a full page full color advertisement - but do go for a higher end business card or brochure).  You want to look like you are already successful - bees don't flock to a flowerless plant.\n\n5th - understand that you will make mistakes, learn from them and go on.\n\nGood Luck!
861464
Depends on where you are. If you are in the UK and have a degree then you can take a 1 year post-graduate course in property (find a course that is accredited to the Royal Institue of Chartered Surveyors) and then you will be able to find a job with any of the big real estate firms, or at least get on a graduate programme somewhere. \nI am a real estate executive in London, although i was did my degree in the States. I did a degree in English and then a one year conversion course at a university in London in Real Estate Management and got on a graduate programme with a big firm. They then train you up for two years and then you have to write what is called a critical anaylsis and present it to a panel of three professionals who question you on it. If you pass, you're then a Member of the RICS and get the letters MRICS after your name.\n\nOverall, I have found the real estate business very profitable, its easy to get promoted and work up the ladder once you have your MRICS qualification and the financial incentives are great. Also there are so many different areas to work in - you can let office space, retail space, buy and sell large buildings or portfolios of property, be a planning advisor, be a building surveyor, an estate agent, work with local authorities to develop land into new homes or leisure complexes - the list is endless. \n\nTry www.rics.org for more information - and good luck!!
1141616
get into real estate business. get details of properties of people who u think or kow will require and then get the sell it to them for commssion. u dont need much of an investment in this, just the time and efforts. even if you get one deal in 2 to 3 months it is good enough. try your luck and all the best
577704
Go to all of the different agencies in your area and talk to the broker and see if you like what he/she has to offer, then decide after you interview all of them. Some also offer a mentor program which someone in the office will help you out with all of needs.\n\nBest way is by word of mouth, if you are not shy; approach everyone you meet starting with all your friends, neighbors, etc.. Give out your business cards as if you were handing out candy.\n\nWhich ever agency you end up working for should do some advertising in a local newpaper; usually they include a picture of all thier agents with their cell number.\n\nNetwork, Network, Find as many people you know that do the same type of work like a Mortgage Company ( lender ) me!!\nSomeone that you trust in your area and you can help each other out.  It worked for me.\n\nGood Luck!
155768
You should be close to the area you want to 'work'.  \n\nIf your sphere of influence is near where you live, you need to consider moving closer to that area.  The only way to make sure you get off to a good start in real estate is to service the people you know.  \n\nI've been in the business 3 1/2 years, and the referral base is really only now getting what I would call 'good'.\n\nIf it's not working in that location, you need to look inward and determine why.  Is it because of location, or are you making sure you're doing all the things you need to do to succeed.  In my short time in the industry, I've watched a lot of people spin their wheels and eventually leave the business.  \n\nHang in there.  If you have any questions, feel free to contact me.  Good luck!
1172253
Easiest way to get it follow the advice they've already given you here. Either on line or with broker's company and you'll have it in a few months.\n\nThe RIGHT way, study & get eduated!\n\nI would NOT suggest you take ANY classes from ANY RE company because all they teach you is to memorize certain things and memorize the questions so you can answer them correctly during your exam. This way you can start making money for the company.\n\nI personally think you will be doing a diservice to the community if you go this route.\n\nI suggest you research your local community college or University that offers these classes. The instructors there DONT have a financial interest on you passing the exam so you can make them money. These instructors are either currently in the business or have been in the business before.\n\nAfter you get your license there are still classes you can get at school.\n\nFor EXTRA information, the training classes your local Association of Realtors offers or may be even your RE company, they will teach you about the contracts & more.\n\nSo all and all study and get the right education.
156419
I would get in contact with apartment complexes, real estate companies and see if you can submit bids for their properties.... get your self in with companies whom deal with prperties that may need your services....