Tips on How to Study for the Real Estate License Exam
The Utah Real Estate Sales Agent License Exam is hard. It’s easy. It’s tricky. It’s straight forward. I’ve heard the exam described all of these ways and more. The best preparation is, of course, to take a high quality course. I would also suggest that you complete the course in a relatively short period of time. Most students complete the pre-license course in 2-3 months, which is excellent, [...]
What are the requirements to get a real estate license in Utah?
What does it take to become a real estate agent? Real estate is an exciting career opportunity, where you can work your own hours, see direct rewards for your work, and find satisfaction working with people to find homes that will serve them for years. In order to get your real estate license, you need to complete these requirements: Be an upstanding citizen Have a high school or [...]
How to Choose an Online Course?
You know you want to become an agent. You know the advantages of online classes. But how do you choose what online course to take? What features should you look for in the course, and what should you look for from the school itself? There are many options for Online Real Estate Pre-License Courses There are a wide variety of courses available, from straight text and timer courses, [...]
What to ask in addition to the pass rate?
Ask the right questions. A question we often hear from candidates for the sales agent pre-license course, is “What is your Pass Rate?” and even though our students perform 10 percent higher than the state on average, there are more important questions that candidates should be asking. Instead of asking about Pass Rates, a more valuable question is “What is your school going to do to help me [...]
Seller Financing in a Changing Market
The real estate market looks very different from even 6 months ago, as market forces have been changing. What is different? Demand Remains High The number of buyers and sellers has not changed significantly. We still have a large number of buyers, either first time home buyers, relocations for jobs or lifestyle, retirement downsizing, and everything in between. The number of properties available still is much smaller than the [...]
5 Document Management Tips for New Real Estate Agents
If you’re a brand new real estate agent who is preparing to take on your very first clients, you’re probably simultaneously excited and nervous about the journey ahead of you. The Institute of Real Estate Education can help you deepen your industry knowledge so that you can better serve your clients. Soon enough, you’ll be balancing multiple clients at a time - which means you’ll be handling lots of [...]
Is Cloud-Based Security Safe for Apartment Complexes?
Keeping apartment complexes safe has always presented unique challenges. However, recent advancements in cloud-based security systems and the integration of AI, have changed the game. But do these advances work and is cloud-based security safe for apartment complexes? Let’s take a deep dive into cloud-based security systems for apartment complexes. What Is Cloud-Based Security? In one way this is an easy question to answer – A cloud-based security system [...]
Death of a Broker Proposed Rules
The Utah Real Estate Commission is at it again, updating the rules to help agents and brokers better protect their clients. In this case, they are addressing the topic of how to handle when a broker dies unexpectedly, or becomes incapacitated. Check out proposed rule R162-2f-202e. Prior to this new rule, there have been no laws providing a way for a brokerage that is a sole-proprietor, or single owner [...]
Good Agent, or Successful Agent?
In a recent article in the Insider, a real estate agent from Silicon Valley, Shantih Moriarty, said something that I found to be very profound. "What makes a successful agent is somebody who knows how to market themselves and get referrals," Moriarty said. "What makes a good real-estate agent and what makes a successful real-estate agent have almost no crossover." How can it be that being a good real [...]
Controversy Around Federal Rule that Lowers fees for Low Credit Score Homebuyers
A new Federal Rule from the Federal Housing Finance Agency (FHFA) is set to take effect on May 1. In an effort to increase home affordability, they are making changes to the Loan-Level Price Adjustment (LLPA) matrix. The controversy is how these changes might affect borrowers with good credit, and a reasonable down payment. Borrowers with good credit could pay up to $40 more per month on a $400,000 [...]
Utah Works to Provide Affordable Housing
Members of the Utah Association of Realtors® and Utah Lawmakers are working to increase the number of affordable housing options that we have here in the state of Utah.Anyone who has been buying or selling a home in Utah over the last several years has seen unprecedented markets where demand drove prices higher than we have ever seen, which has been a great boon to property owners as they saw [...]
4 Tips to Raise Your House’s Value Before Selling it
As your life changes, the home you currently live in might stop meeting your needs. Instead of staying in a home that you aren’t happy with, you need to sell it. The main goal you should have when selling your home is to get the maximum amount of money for it. Over 6 million homes are sold in the United States every year. If you are on the verge [...]
The Top 3 Ways to Market Yourself As a Real Estate Agent
Real estate marketing today requires you and your business to have an online presence. Most consumers search online for homes long before contacting a real estate agent. They spend hours looking at pictures of homes, their layout, features, price, and location. An online presence is vital to a real estate professional’s marketing strategy. Before we continue with the top three ways to market yourself as a real estate agent, [...]
Things to Know Before you Become a Real Estate Agent
There is no secret to the topic of what to know about being a real estate agent. Your success depends on you, how well you plan, and how you set yourself apart. The reality, especially in residential real estate, is that you might have to work weekends. Be fearless; a career in real estate is rewarding. You Decide How Successful You Are One of the questions to ask [...]
5 Skills Every Real Estate Agent Should Have
Real estate skills must be varied, as agents work with people, finances, and art, such as interior design and architecture. To stand out in the competitive real estate industry, here are five skills every real estate agent should have. Communication Skills What makes a good realtor? In a report by the National Association of REALTORS®, 86% of dual specialist respondents indicated that superior communication capabilities are one of the [...]
3 Things That a Real Estate Agent Should Never Do
When you start out as a real estate agent, you will hear about numerous things that you should do to make a success of your new career: communicate effectively, invest in good marketing, etc. However, many experienced agents will also talk about the mistakes they have made that should be avoided at all costs. There are many pitfalls that you should steer clear of, but let’s take a look [...]
4 Reasons Why you should Become a Real Estate Agent
Are you about to finish high school or college and still unsure about where to start your career? Perhaps you have been working for many years but feel it is time to change careers. Either way, you may want to consider a move into real estate. “Why become a real estate agent?” you ask. For starters, it is open to anybody over the age of 18 with a high [...]
How to Become a Real Estate Agent in 5 Simple Steps
Are you thinking of entering the real estate industry? It is a smart move. As a successful real estate agent, you can control your work schedule, generate an excellent income and get involved in the exciting developments that are always happening in the property industry. As for how to become a real estate agent, it only takes five simple steps. Note that these steps are simple, but not necessarily [...]
America’s Housing Market is Overheating: What Does This Mean?
The U.S housing market has been sizzling away for some time now, defying the odds against a backdrop of global pandemic conditions, and it's showing no signs of significantly slowing down. With appreciation figures regularly reaching double digits and buyers often caught up in fierce bidding wars, there is no shortage of action. So what does it all mean moving forwards? Photo by Ian MacDonald on UnsplashIs it a bubble that's destined [...]
Utah Real Estate Qualifying Questions for Real Estate Sales Agent License
When you apply for a real estate sales agent license or real estate broker license, you have to affirm that you are qualified. As part of the application, you will have to answer these questions: Real Estate Qualifying Questions: Have you ever held a real estate registration, license, or certification in any jurisdiction other than Utah? Have you ever had a license or registration of any kind in appraisal, [...]
Buying a House: Tips to Help You Navigate the Process and Find a Place
Purchasing a house will be one of the major financial decisions you’ll make in a lifetime, with a ton of details involved throughout the process. It is quite challenging to navigate and the process has changed even further amid the pandemic. So, what can you do to make this a less complex decision to help you narrow down your choices efficiently and wisely? Whether it’s your first time purchasing [...]
10 Commercial Real Estate Trends You Need To Know About
Image Credit: Pixabay As with any sector, commercial real estate is constantly evolving and changing. But, the pace of change in the past 18 months, in particular, has brought about some major shifts. The greatest catalyst was, of course, the Covid-19 pandemic, which forced many businesses to shutter their shops completely while residents of commercial flats had no choice but to stay put at home. Between that and the [...]
Top Five Tips for Homebuyers Navigate a New Construction Purchase
Investing in a new construction home is far different compared to getting an existing home from established neighborhoods. For starters, there aren’t any previous homeowners, so you won’t need to worry about any emotional connection to the property. Furthermore, there are more factors to consider before you begin picking out floors and wall paint.If you are settled with purchasing a new construction home after weighing its pros and cons, then [...]
Rap Back has your back in Utah
Here in Utah we have a strong desire to not only live our best life, but to raise the standard for everyone else. We want the work we do, the industries we work in, to have standards as high as our own. We’ll explain the new RAP BACK program, and go into detail about how every broker and agent can fulfill this requirement that is now in effect. The [...]
CRMs for Real Estate Agents: When it Works and When Doesn't
Image Source: Pixabay Effective management of customer relationships is crucial to all businesses, and is especially important in the realm of realty. Thankfully there are a multitude of CRM solutions out there to streamline this process; so many, in fact, that working out which is the right one for you can be challenging in its own right. To help you choose which platform to pick and more importantly when [...]
How To Attract And Retain A Diverse Real Estate Workforce
Photo by Clay Banks on Unsplash Diversity has become a staple in all industries: it’s clear that having a more diverse team creates a better environment for employees, customers, and overall business growth. Real estate is another industry where huge benefits can be seen from devoting your business to creating a diverse workforce, but building this type of agency must be done carefully. It’s about more than just learning [...]
What Should I Study If I Want to be a Real Estate Developer?
Real estate development is a challenging but fulfilling career that takes years of experience and hard work to succeed in. That said, anyone can become a real estate developer with the right guidance. The first question many aspiring developers ask is, “what should I study to get into this career?” […]
New iOS 14 Update and What Does It Mean for Your Utah Real Estate Facebook and Instagram Ads?
Apple announced at the end of 2020 changes to its iOS 14 operating system (especially with the iOS 14.5 update) that will have a very significant impact on all Utah real estate companies that advertise on Facebook and Instagram. […]
Continuing Education: Why it’s Worth It
Continued training or new training? It turns out a bit difficult to choose between the two formations. If you are already an employee, the one that suits you best is continuing education. Utah real estate continuing education such as a real estate broker license course aims to increase an agent's performance or career rank by equipping them with new knowledge. Continuing training is intended especially for employees. These types of [...]
Should I Do Real Estate School Right After High School?
Teenagers in the hundred thousand graduate from high school in May yearly and many of them are left wondering what course they should pursue or whether they should go to college or not. The decision between going to college and joining a real estate school can be daunting. […]
What You Should Know When Hiring a Real Estate Agent
While it may look uncomplicated, hiring a real estate agent involves more than hiring a close friend or relative for the job, as most people do. A real estate deal might be one of the most significant financial transactions of your lifespan. It is crucial to choose a professional and experienced real estate agent to take away most of the trouble of buying or selling a house. Depending on [...]
Brokers can now have unlimited offices! What does that mean?
It wasn’t that long ago that a branch manager was required for every physical office on a brokerage. Then they opened it to 3 offices. And now, there is no limit. Brokers rejoice! Agent’s run wild! New Broker Rules Not so fast. In the same rule that removes the limit on offices, they are some very specific new rules that define what brokers need to do to supervise these [...]
Real Estate Prospecting Ideas to Generate Leads
If you are new in the real estate industry, you need to know that lead generation is very important to you. This is because you still do not have a stable community following. Now that you are still trying to build your reputation, you need a network that can help you reach potential sellers and buyers who would want your help. What is Lead Generation for Real Estate? If [...]
Social Media Strategies for Realtors: Making a Connection with your Audience
Combined, social media networks have over 3.7 billion active users. That’s 3.7 billion out of the 4.5 billion global internet users. Over half the global population, which currently stands at 7.8 billion, is on social media, presenting modern-day Realtors with the unique opportunity to reach massive audiences or target niche local markets. As a Realtor, taking advantage of social media is an elementary step to [...]
A Comprehensive Guide to Getting Your Real Estate License and Starting Your Career
A fruitful real estate career begins with knowing how to acquire your Utah real estate license. The process is easily understandable and can be broken down into several simple steps. On the other hand, a few things are different depending on the state you want to practice real estate. Each state controls its real estate licensing procedures, and they all have slightly different requirements. However, [...]
Guide to Increasing Confidence as A Real Estate Professional
Pursuing Utah real estate continuing education provides an opportunity to increase one’s skills about the real estate business and gain the confidence needed to win clients and broker deals. Think your real estate school certification is enough? Think again. The real estate market is ever-changing. Indeed, no two days are the same. Depending on market conditions, you get to deal with different properties and clients. [...]
6 Ways to Find Your Real Estate Niche
A Utah real estate broker facilitates transactions between property owners and buyers. They deal with commercial buildings, condos, luxury homes, resort and vacation properties, investment properties, townhomes, farm and ranch properties, and different types of buyers. Seldom will you find a real estate broker who can help you with everything. Many Utah real estate brokers apply their skills and expertise in specific areas. [...]
The Effective Real Estate Agent’s Daily Schedule
Working as a real estate agent is one of the most satisfying jobs on the planet. Your job involves helping individuals and families create lasting memories in their new homes. Not only that, but you have to match your tenant with a house that fits their budget, special needs, requirements, and in most cases, you’re working on a short deadline. This dynamic working situation can help you grow your [...]
The 6 Highest Paying Real Estate Careers with Good Salaries
Okay, ladies and gentlemen. Let's look at the most lucrative jobs in the real estate industry, shall we? While a career in the real estate industry is oftentimes challenging and time-consuming, there is a massive potential for colossal income, even six-figures in some cases. Here are some career paths you can pursue in the real estate field. Some of them require a real estate broker license course or professional [...]
Is Real Estate School Hard?
Real estate is arguably one of the most enjoyable professions. Not only do you earn a living, but you also help people get their ideal living space. However pleasing as the real estate sector is, it is not for everyone. You may have heard people complaining of the difficult process required in most states to become a real estate agent. Is it really that difficult to become a real [...]
Is A Career in Real Estate Right for You?
The ongoing COVID-19 pandemic hasn’t been kind on the real estate market. Many sellers have been forced to pull their properties from the market. Interest rates have also hit a record low. Still, now is a good time to join the real estate industry because, as history has shown, the market is never constant. While you cannot predict future events, you can rest assured that a bad market will get [...]
How to Become a Real Estate Agent in Utah
Becoming a real estate agent in Utah might not be easy, but it is a straightforward process. The basic requirements are that you must be at least 18 years old, possess a high school diploma or equivalent/higher academic qualifications, and be in good standing with the law. That means that you should not have any felony, fraud, theft charges, convictions, prison sentences, or misdemeanors involving misrepresentation and dishonesty for at [...]
How long does it take to become a real estate agent in Utah?
Interested in becoming a real estate agent? Real estate agents work long hours. You may take work home after 5 or get calls before 9, but it is rewarding—the paycheck is good, and the job is exciting. You can launch a high-flying career in real estate in just a few days. A real estate pre licensing course catapults you to greater success in this field. [...]
How Can Real Estate Agents Become Residential Property Managers?
Does a stable career, job security, decent remuneration, and a desire to help people top your list when it comes to your ideal career? If so, then property management is your best bet! Most people are increasingly opting to rent houses rather than purchase property, which is fueling the demand for property managers. Yes, property management is very involved and requires hard work, but, many property managers find the big [...]
What is the difference between a Real Estate Agent and a Broker?
Real estate is a lucrative career field. If you are looking to get started in this industry, you may be confused about the titles. The three most commonly confused terms include real estate agent, broker, and realtor. Their roles may overlap, but in Utah these are distinctly different professions which earn different salaries. […]
Get Licensed and Start Selling Homes in 5 Steps
Introduction Real Estate is an exciting career field. It comes with the promises of working your own schedule, and making as much money as you are worth! Before you can take advantage of these benefits, you need to understand the industry, and what is required legally to work in it. Why do I need a real estate license? The Division of Real Estate is tasked with protecting the public when [...]
How long is Your Real Estate School Good For?
So, you have decided to become a Utah real estate agent and are wondering how long it will take and how long you to get everything done? It is good to start your real estate career knowing how long it will take and how much effort it will require so you are committed to making it work for you. […]
How Quick Can I Get a Real Estate License?
Do you not want to spend 4 years in college before beginning a career? Are you looking for a profitable career that you can begin now? You can start a career as a real estate agent in a matter of weeks. With energy and planning, you can build a highly successful and profitable real estate business working for yourself. […]
When Can You Start a Real Estate Career?
You have just graduated from high school and you are wondering what to do with the rest of your life. Have you considered getting immediately into a career where you can work for yourself and make a highly successful and profitable future? Real estate provides that kind of opportunity. So how do you get started? […]
How Long is Real Estate School?
Are you looking at becoming a real estate agent? Does it seem like an exciting way to be your own boss, schedule your own time and make a good income? The first step is to take a pre-license real estate course. The big question that you should be asking at this point is not how long is a real estate pre-license school but where am I going to get the [...]
Have a High School Diploma? Start a Real Estate Career!
What do you do if you have graduated from high school and have your diploma? It is costly to go to college for four years and maybe you are tired of going to classes. What if you didn’t graduate? What can you do? Consider enrolling in a Real Estate School. […]
How to Become a Real Estate Agent in Utah!!
Are you looking learn how to become a real estate agent in Utah? Are you already licensed but struggling to make a real estate career work for you? Everyone in the real estate business has been through what you are going through. However, there are some proven steps that you can take to become a great real estate agent in Utah. There are tremendous personal and financial rewards from becoming [...]
Top 10 Finance Tips for Realtors® My Broker Never Told Me
Over the course of my career, I’ve had the opportunity to meet and work with countless real estate agents. The situations are as unique as the individuals. I’ve seen agents succeed greatly, and I’ve also seen agents struggle with the “business” side of their job. As a 1099 agent, you are a business in the eyes of the government. Because of that, there are certain things you should know and [...]
The Difference Between a Real Estate Broker vs. An Agent
What is the Difference Between a Real Estate Broker and an Agent and How Much Does a Broker Make? There is a lot of terminology in the Real Estate industry and one might wonder what the difference between a real estate agent and a real estate broker is. Do they make different earnings? There is plenty of information online about how to become a real estate agent, but you might [...]
Building a Utah Real Estate Agent Network
You have just graduated from your Utah online real estate school and received your Utah real estate license, and everyone tells you to build a network of contacts. What is a network and how does one go about building a network? Building a network is more than just passing out business cards. It requires thought and analysis to build the right contacts. Here are some ideas! Focus on the Right [...]
Management of a Utah Real Estate Career
Ask any Utah real estate agent. A successful real estate career does not come by chance. It takes setting goals and planning what to do. A big part of planning is to successfully manage your time. That is why we are going to discuss how to focus on how to use your time. Time Management Everyone has the same number of hours in a day. We get to choose how [...]
Benefits of Taking Online Real Estate Courses
There is great potential in the real estate industry. If you work hard and develop the right skills, you can build a lucrative business and enjoy a satisfying career. Of course, like most fields, the real estate landscape changes, and it’s important to continue to learn and develop. If you’re looking to expand your talents, or if you want to become licensed in different areas of the industry, you [...]
Why Do You Want a Real Estate Career??
You are thinking about obtaining your Utah real estate license? Real estate can be rewarding but also very challenging so understanding the pros and cons is important. Challenges First, let’s discuss some of the challenges to being successful as a real estate agent. There are hard things that must be done to be successful. Time – It takes a lot of time to build a real estate career. It is [...]
Just Got Your Utah Real Estate License!!! What Now??
You just passed your Utah real estate license examination to get your license as a real estate agent and are wondering what you should do now. First, of all, you need to treat this as a business and not a hobby and put the time and effort into it to make a career. Here are some of the steps you can take. Join an Agency – As a new Utah [...]
How do I renew my real estate license in Utah?
Dan Naylor Congratulations! You made it through 2 years working in real estate! Whether you are doing it part time, or whether you are an experienced agent with many transactions under your belt, you know time is flying when you get that renewal notice from the Utah Division of Real Estate. The Division sends out an automatic renewal notice about 45 days before you need to renew. Here’s an example [...]
Utah 3 Hour Required Course – Mandatory Residential Course
Dan Naylor It’s official! The Division of Real Estate has been working on a new required course for real estate agents in Utah. After a public comment period, the Real Estate Commission approved the new rule on 6/19/2019. UPDATE: The Division of Real Estate has announced the official name of the course to be "Mandatory Residential Course" on July 11, 2019. Call Now to Schedule a Live 3 Hour Required [...]
What Top Utah Real Estate Agents Do to Build Their Business!!
You’re a real estate agent and you are wondering what you can do to increase your exposure and build your business, so you are consistently getting commissions. There are several things that successful Utah real estate agents do. Exposure – Building a Utah real estate business is dependent on name recognition and exposure. Whether it is comfortable or not, your name must be exposed to the public so that it [...]
Watch Out For These Common Problem Areas On Your Real Estate License Exam!
Whether you're here in Utah or anywhere else in the country, you can't get your real estate license without first passing a massive exam. For most would-be real estate agents, this is their biggest challenge - and their biggest potential stumbling block. Passing your coursework is relatively easy, but the exam is another matter. That's what determines whether you get your license or have to go back for more study. [...]
How Investors Can Benefit From Taking A Utah Real Estate Pre-License Course
You don't need to plan on changing careers to attend a Utah real estate pre-license course. A real estate license can be just as valuable if you're an investor as well! In fact, it's relatively common for property investors to get their real estate license. Having one makes their investing easier, and it brings several other substantial benefits as well. 4 Ways Investors Benefit from Attending a Utah Real Estate Pre-License Course Saving money on [...]
5 Tips For Preparing For Your Utah Real Estate License Exam
Are you planning on finally taking your Utah real estate license exam? After all of the studying and hard work, preparing for the final hurdle is important, which is why we’ve collected some tips. Institute of Real Estate Education has given hundreds the tools for successfully obtaining their real estate license, some of which they’d like to share below. When taking the Utah real estate license exam, here are five tips to help [...]
Successful Traits Of A Utah Real Estate Broker
Have you been asking yourself lately, “how much do real estate brokers make in Utah?” You might be surprised to learn that it can be upwards of $80K a year. Brokers make around twice as much money annually as agents. But what separates the average agent from the successful broker? The Institute of Real Estate Education has aided many agents and brokers on their way to leading successful careers in the real [...]
Real Estate Agents Vs Real Estate Brokers: What’s The Difference?
When people inquire about our real estate pre-licensing course, they often ask questions like "What's the difference between a real estate agent and broker?" or "Can I just take real estate broker licensing courses instead?" These are perfectly natural questions for newcomers to the field. In fact, agents and brokers are two very different things! Knowing the difference is one vital piece of information that any would-be real estate professional should possess, [...]
How To Survive Your First Year Working In Utah Real Estate
Life can be difficult as a newly-minted real estate agent in Utah. It's exciting to graduate from your Utah real estate school and get your license, but then the reality sets in. You have a brand-new business to run, and you have to run it well if you want to succeed. Fortunately, we've also seen plenty of our past students succeed. If you avoid some common mistakes and stay focused, you can definitely [...]
Tips For Generating Repeat Business: Referrals, Responsiveness & More
If you’re a Utah real estate agent or are planning on obtaining your license, you might be wondering how agents and brokerages generate repeat business. What makes the difference between a $30,000 client and a $60,000 one? Well, a $30,000 client is one that you sell to only once; a $60,000 client is one from whom you generate repeat business and multiple referrals. Attracting and keeping those $60,000 isn’t easy, but it’s [...]
Tips For Starting Your Own Real Estate Brokerage
Are you currently enrolled in a real estate broker license course? If so, you’re likely wondering what the next step is going to be. For those curious about starting their own Utah-based brokerage, being armed with some research is key. The Institute of Real Estate Education has given hundreds the necessary tools to strike out on their own and start a brokerage, some of which they’ve collected for you below. Here are some [...]
5 Tips For Choosing The Best Online Real Estate School In Utah
Are you in search of a premier Utah real estate school that offers online courses? Sifting through the multitude of online options can be difficult without a few tips at your disposal. As one of the leading Utah online real estate schools, Institute of Real Estate Education has helped hundreds further their education and they’ve gathered some tips for you. To select the best online real estate school in Utah, here are five things [...]
5 Steps To Obtaining A Utah Real Estate License
Have you finally decided to embark upon a career as a Utah real estate agent? If so, then you’re probably wondering what the next steps are in obtaining your license. As one of the state’s premier online schools, the Institute of Real Estate Education has helped hundreds learn how to get a real estate license in Utah. Below, they’re shared some of their insight with you so you can begin your exciting career [...]
Online Real Estate School
Contact us today to apply for your real estate license and begin your new career!The world of real estate offers exciting career opportunities where you can have greater control over your work hours, get involved in your community and achieve the financial success you’ve always dreamed of! The best path to becoming a real estate agent is by earning your license through our online real estate school, where our priority is [...]
Incorporating Social Media Into Your Marketing Strategy
Successful real estate professionals make the most of their resources. They get quality leads and turn more of them into prospects and ultimately sales. They use their time wisely and market efficiently. Today, that means using digital marketing strategies including social media. For those who have arrived a little late to the social media party, or those who perhaps have not been as attentive to it as they intended, here are [...]
Why Networking Is Important For New Real Estate Agents
So you’ve finally obtained your real estate license and are ready to hit the ground running? It’s OK to be excited, but don’t forget that you’ll also have to do some legwork at the very beginning. This is where your networking skills will come into play, helping you build your clientele and break into the local marketplace. Why Network? As one of Utah’s leading real estate schools, the teachers at the Institute of [...]
How to Become a Real Estate Agent in Utah
Maintaining a successful career as a Utah real estate agent takes years of hard work. But there are a few habits you can practice early on that will help develop a strong foundation for your future career. As one of the area’s leading real estate schools, the team at the Institute of Real Estate Education has helped hundreds of students embark upon successful careers. To help you get a good start in the [...]
Broker Experience Limited And “Owner” Defined By Real Estate Commission
Dan Naylor The Utah Real Estate Commission met on August 15th, 2018 and approved 2 new rule changes for real estate professionals in Utah. Ownership, and who is an "owner" of property seems like a very clear concept. Most people would assume that it is easily defined in law. However, there were increasing cases in real estate transactions where individuals would stretch the definition of the word "owner" so that [...]
Benefits Of Online Classes
WHY CHOOSE AN ONLINE CLASS INSTEAD OF A LIVE ONE? The live experience can never be replaced. Let’s face it, in a similar way, movies are never going to be as meaningful or as impactful as doing something in person. It’s a different experience. However, when it comes to learning, especially as adults, online education is better than live for a number of reasons. First, is the convenience. Why wait [...]
UTAH CE Requirements
HOW DOES CONTINUING EDUCATION GET PROCESSED? If you are like most agents, you don’t think much about your Continuing Education requirements until you get that renewal notice in the mail. But here’s the catch. Your license renews as the end of the month, but the state requires that you have your Continuing Education requirements, or CE, complete by the 15th of the month before you renew. Why is that? The Division [...]
The Real Estate License Exam
The real estate license exam is required for every sales agent applicant. Before you can take the state license exam, you need to complete the sales agent pre-license course, and get your candidate education certifying document. With this document, you can now schedule a time to take the exam. It is administered or proctored through the PearsonVUE testing centers, and they offer testing 6 days a week, throughout the day, depending [...]
16 Reasons To Choose The Institute Of Real Estate Education
16 reasons to choose the Institute of Real Estate Education: 1. The Largest locally owned and operated real estate school in Utah 2. Students have rated our pre-license course the best in Utah, and the surrounding states 3. The ONLY published Utah Real Estate Law Textbook 4. Our course is updated with new laws even before they appear on the exam 5. The ONLY Utah Real Estate Course Nationally certified [...]
Going From Agent To Broker
Real estate agents all must be supervised by a Broker. But what does it take to become a broker yourself? A Utah broker license allows you to legally supervise an office of real estate agents, and possibly even run your own brokerage. Not everyone is cut out for the role, and there are many agents who are very successful as agents, and plan to stay that way. In fact, you [...]
How Much Do Real Estate Agents Make?
When you are working for a salaried position, your income is fixed, and dependent on corporation rules and advancement tracks. There is not always a lot of opportunity to improve your economic situation without moving departments, or sometimes moving to a new company. A real estate agent is in a unique position where they can control their own income in a way that many people only dream of. So [...]
How To Interview a Broker
Getting started as a real estate agent, you learn that all agents must be supervised by a broker. So how do you decide what broker and brokerage is going to be right for you? The first mistake many new agents make, is thinking that it’s like a job interview. That’s only half true. The main fallacy there, is that as a real estate agent, you are working for yourself. Your [...]
Who Needs A Real Estate License?
Many entrepreneurs that get involved in the real estate industry wonder what activities require a real estate license. Many others want to get a real estate license to start a new and exciting career. Let’s take a look at when you need a real estate license, and when you can work in the real estate industry without a license. LICENSED AGENTS AND BROKERS When most people think about working in [...]
What Is Online Real Estate Education?
Online real estate education is something quite a few people are unfamiliar with. It is a way that people interested in becoming realtors can knock out their coursework without having to step foot into a classroom. This is especially beneficial to people who want to take the classes but simply do not have the time to take them in class. With that said, there are several key components to online [...]
New Advertising Rules Proposed
Dan Naylor The Real Estate Commission has a new rule proposal for real estate agents in Utah regarding advertising rules, and specifically they are addressing modern advertising venues, such as internet and social media advertising. It has been long known that the old rules were not very clear when it came to advertising on social media, and that changes were needed to preserve the intent of the law in these [...]
What Is Your Pass Rate?
Dan Naylor This is a question that students sometimes ask. On the surface, it seems like a very good question. Who wouldn’t want to know the school’s pass rate? Isn’t that an objective measure of how well the students perform who attend the school? I could tell you that we had a 95% pass rate last month. I could also say that we had 100% of broker students pass the [...]
Proposed Privacy Laws Fail to Land
Dan Naylor Maybe you missed the recent discussions with the Real Estate Commission about privacy of real estate sales data, but there were a lot of brokers worried about the possibility of new restrictions on how sold data can be used. Law and statute changes remind me of tropical storms. A small shift in the weather over the ocean can sometimes develop into a raging storm that has strong and [...]
More Education Needed For New Brokers
Dan Naylor Do you ever think that new brokers are under educated, or ill prepared for their new role? There are some pressing for increased education for Brokers in Utah. Mark Fagergren, the Director of Education and Licensing, proposed that idea in a recent meeting with the Real Estate Commission. He proposed that the state require a New Broker Course, similar in purpose to the New Agent Course currently required [...]
Dan Naylor, President, Board Of Directors Nominee For The Northern Wasatch Association Of Realtors
Dan Naylor, President, Board Of Directors Nominee For The Northern Wasatch Association Of Realtors Agents who are members of NWAOR can vote by logging into the MLS at UtahRealEstate.com. Dan Naylor is a trainer, educator, and expert. He is the Owner and Principle Broker of Stone River Realty and the President and Owner of the Institute of Real Estate Education, both family businesses. His passion for inspiring others has led the [...]
The Cost of Becoming a Real Estate Agent in Utah
Dan Naylor For many, the opportunity of a career in real estate is very exciting. High value transactions, the chance to help people find their dream home, it can be a very rewarding and a very lucrative career. However, the cost of entry can be a little high. So let's look at how to become a real estate agent in Utah. The first step is to get licensed. In order [...]
Study Tips For Online Real Estate Courses
Dan Naylor When you are taking online classes, the responsibility is on you to be successful. Here are a few tips to get the most out of online classes. First, make sure you schedule your time so that you make steady progress through the course. You can fit it in around you schedule, but don’t wait, and put things off until the end of the month, and then try to [...]
Tax Tips For New Real Estate Agents
Dan Naylor Many new agents have been regular salaried employees for most of their careers, and they know that taxes are different for independent contractors, or the self-employed, but they don’t know what the differences are. As a real estate broker and instructor, let me share some of my experience with you, but remember that if you want tax advice, you should consult a tax professional. I share my thoughts [...]
The End Of The REPC For Residential Construction
New homes under construction have always been treated differently than other real estate sales. With most real estate, it can be assumed that the property is move-in ready. You usually have a history of residence, and there is no concern about the basic functionality of the home. This is not true with new construction. The government aims to protect consumers by ensuring that the house that they are buying, before [...]
What Happens When A Broker License Expires?
The Utah Real Estate Commission met in November to discuss some interesting ethical situations. There has been an incident where a real estate broker's license expired, and therefore all of his agents' licenses also expired. Mark Fagergren, the Director of Licensing and Education expressed that this is not an uncommon occurrence, and they are already putting new measures into place to ensure that brokers and agents are aware of their [...]
The Institute Of Real Estate Education Is Now A Member Of The Better Business Bureau
The Institute of Real Estate Education is always on the lookout for ways to better prepare our students to succeed in their careers. One of the main components of success in education is good communication between students and instructors. In an online educational setting, that means we need to provide not only the highest quality courses, but also provide the best customer service. In the pursuit of a great student [...]
Instructors are all CDEI certified
In our pursuit of the highest quality education and best standards in the Real Estate industry, the Institute of Real Estate Education would like to announce that all of our instructors for our online real estate classes are now Certified Distance Education Instructors®. through the International Distance Education Certification Center. The International Distance Education Certification Center (IDECC®) is a distance education certification program dedicated to the mission of promoting quality [...]
The Real Estate Market Today
THE REAL ESTATE MARKET IS IMPROVING. Prices are rising, homes are selling. Real estate offices are busy. Is now the time for you to enter the industry? Agents who work hard at knowing the market inventory, and building their circle of influence have always been successful. Successful agents talk to 5 to 10 new contacts and acquaintances every day.The focus on the contact is friendship and building a relationship. When [...]
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