Looking at Small Business Administration, the first thing I would do if I wanted to become a real estate is research the requirements. “To earn your real estate license in Texas, you must be 18 years of age, complete 180 hours of approved education, obtain a sponsoring broker, submit required fees and forms to Texas Real Estate Commission, submit to fingerprinting, and pass the state exam. While the process to become a real estate agent is similar in most states, each state has its unique steps that must be adhered to. The seven steps to becoming a Texas real estate agent are as follows: Requirements to Obtain Your Texas Salesperson License. Must be at least 18 years of age, register for and complete 180 hours of required education. In order to apply for the Texas Real Estate License Exam, the state requires you to complete 180 hours of TREC-approved college-level real estate courses (Kapre.com).”
In order to start selling houses these courses need to be taken and passed. Having a full-time job, I would have to find a school that would offer it in evening or weekends. “Submit forms and fees to Trec after completing the required 180 hours of licensing education, submit all education documents to TREC, including real estate school certificates (Kapre.com)”. This is to confirm that all the courses have been taken and the forms and fees have been processed correctly. “Schedule your license examination and fingerprinting. After you receive your response letter from TREC approving you and directing you to the Candidate Information Brochure, you can schedule your exam with Pearson Vue. You will also receive direction on how to submit your fingerprints for review. You have one year from the date direction on how to submit your fingerprints for review(Kapre.com)”. There are many steps that have to be taken before you can become a real estate and these steps are an important process to confirm that you have passed. Once successful you are able to help clients purchase their dream homes.
It is important to have marketing strategies, “Set yourself up for social, make sure you have social media accounts on all the big networks (Facebook, Twitter, Pinterest, Google+, and even Instagram if you snap along of house pics). Interact with users, share good press, and promote your properties (wordstream)”. Having social media creates for you to meet new and old friends, that might be interested in purchasing a home or give you referrals. This gives you the opportunity to build clients. “Create Video Walkthroughs. While not as immersive as a Matterport 3D scan, video walkthroughs offer more insight into how a home is realistically represented. This doesn’t have to be a professionally-shot video where you spend thousands of dollars. It could simply be something you shoot on a high-quality smartphone or even with your own drone. This strategy for marketing real estate will really give a better sense to the prospective buyer to allow them to understand what a space truly looks like in person.
You could also splurge on a drone video by hiring someone or simply purchasing one and doing it yourself. This is a great way to save some money if you plan on doing a high volume of these videos (Forbes.com)”. A creative way is using snapchat this feature allows you to show people homes that are selling. Buyers from out of state and others that might not have the opportunity to come by would be able to have a taste of what they might want now or in the future. You might have a buyer that wants to go look at the home to purchase. Having market analysis is as well an important part. “Market analysis refers to researching the dynamic of a particular market, including internal and external factors which can directly affect the market” (Frue). All clients are different on what they want for their home. This will help the realtor find what area and what type of home they would be interested to purchase. For example, two story home with five bedrooms or one.
The next article was about buying an existing business or franchise, I have a friend that is interested in franchising from chick-fil-A. She became a manager for them to learn the process and eventually own one. “The Chick-fil-A franchise opportunity represents an exceptional offering in the quick-serve restaurant industry. For an initial financial fee of $10,000 selected franchises (who we call Operator) are granted the rights necessary to operate a franchise Chick-fil-A Restaurant business. The Chick-fil-A franchise opportunity requires that the individual be free of any business ventures and operate the restaurant on a full-time, hands-on basis. Chick-fil-A Operators must successfully complete an extensive, multi-week training program prior to taking over operation of a franchised Chick-fil-A business. With additional development courses and franchise support available, Chick-fil-A Operators are equipped to handle decisions and reap the rewards of a challenging business (Anon).” She is passion and dedicated on what she wants and she will be successful in opening one soon.
To become an entrepreneur takes time and dedication. When you determined to do something you will push thru and succeed. My goal is to support all entrepreneurs and purchase whatever I can from them.
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