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What can I do at 16 to get started into real estate ?

Hi my name is Sherley. I am 16 year old . I am really interested in real estate but I don’t know where to start .

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Doc’s Answer

Sherley if you want to become a real estate agent, you’re looking at an upfront investment of money and time, both of which vary depending on what state you get your license. Though the specific requirements differ by state, here's a general rundown of how to become a real estate agent in California.

STEP 1: Must be at Least 18 Years of Age.
In addition to being 18 years of age, you must also be a citizen of the US.

STEP: A real estate licensure requires first you receive a formal education on California policies and working with clients and businesses. There are three courses you'll need to take totaling 135 hours to prepare you to earn your license, each course is approximately 45-hours
• REAL ESTATE PRINCIPLES -This class teaches you the foundations of real estate theory and concepts. You might learn concepts like closing relationships and relationships with agents and agencies.
•REAL ESTATE PRINCIPLES - Real estate practices is a class discussing practices in how you can sell homes and manage client relationships. This can include practices like advertising and business development.
• REAL ESTATE FINANCES - Real estate finances is the course where you learn about managing money and financial documents in real estate. This includes topics like taxation, financing and insurance.

STEP 3: Once you meet the pre-licensing requirements and complete your coursework, you take a written exam to prove your competency in the field. The exam is 150 questions. You have two opportunities to pass before fulfilling this requirement.

STEP 4: The State of California requires that you work under a broker after passing the real estate salesperson exam. A broker has received additional training, has worked successfully in the industry for a minimum period of time, and has passed the broker’s license exam.

As a commissioned salesperson, your income entirely depends on your abilities and effort. Some brokerages may offer you 70% of your commissions, which may rise to 100% after you’ve met a specific sales goal (or a cap) for the year. It takes time to launch your new business, so some new agents choose to start part time so they can still bring in additional revenue as they’re learning the ropes.

Hope this was helpful Sherley
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Jerome’s Answer

Do a search for “Association of Realtors” in your city. The association exists to help realtors find success. They may be able to offer guidance or even connect you with someone will to offer mentorship.
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Dan’s Answer

I'm not in Real Estate but I would give this advice to anyone your age considering sales: Sales favors the bold, take a risk, put yourself out there, keep your mind on your goals.

1. State your goal to yourself. Refine it and make it succinct.
2. Practice your sales pitch - you're selling yourself right now and the best expert on you is you!
- Extra bonus points here if you want to create a 1 page flyer about yourself you can leave behind
- Double extra bonus points if you create a LinkedIn profile and title yourself as Future Real Estate Leader. Include a QR code on your flyer that goes to your LinkedIn
3. Walk into any local real estate office and make sure they know what you have to offer - even if it's simple computer skills for now. Tell them you want to be a mentor.
5. Instead of #4 it's possible the big agencies like Keller Williams and others have a mentorship program. Do some research there.
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Eileen’s Answer

A great way to learn the ropes is by finding an experienced real estate agent who needs some extra hands. You can offer to help them with various tasks in exchange for the opportunity to learn from them. Some of the tasks you can assist with include cleaning and setting up homes for open houses, organizing data, sending emails and regular mail for marketing, and even managing their website. This hands-on experience will give you a fantastic insight into the world of real estate and help you build valuable skills."
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Daniel’s Answer

Begin your journey by engaging in conversations with real estate agents. They're usually open to discussing their own paths to success. You'll find that some real estate firms even cover the cost of certifications, which can be a great advantage for you.
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