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Nevada Real Estate commission Article Summaries

Dealing With Dual Real Estate Agents
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: Historically, real estate agents have represented the seller of a property. The seller, after all, is usually the one ... in cases where the agent's company is the listing company. Dual agency is legal in most U.S. states; however, most cons...

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: For many renters, the first step in buying a home is becoming educated about the process. If you’re like many people ... purchase by caring a second mortgage. A second mortgage is helpful because it reduces the amount of the first mortgage...

Free Real Estate Listings on Real Estate Gates
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: Advertise your property listings for FREE! About 1500 realtors from all over the world have already taken advantage. R... offices - $99.95 per year + unlimited listings FREE* Registration for construction companies and developers - $99.95 pe...


Featured Article

How to Become a Real Estate Agent

Andre McFayden, Ph.D.

The process of becoming a real estate agent is fairly simple, although it does vary a lot from state to state. Here are the fundamentals of becoming a real estate agent.

a) License Requirements
Each state has different licensing laws, so you will need to look at your local requirements. However, in general you will have to:

-Meet an age requirement
-Pass a background check
-Complete approved real estate courses from a state-approved school
-Pass a state exam
-Complete an application form
-Submit various fees

Agents just getting their license work for a real estate broker. If you decide at some point to work for yourself, you will need to earn a broker license. Most new agents sign on with one of the large company brokerages. Most successful agents, even if not self-employed, treat the real estate profession as their own business, instead of just a job. This attitude will go a long way to ensuring your success.

b) What is a REALTOR®?
Many people are confused about the difference between a real estate agent and a REALTOR®.

A real estate agent becomes a REALTOR® when he or she pays an annual fee to the National Association of REALTORS® and subscribes to its Code of Ethics. The agent joins through the local (city) board or association. Membership in the REALTORS® is optional, but help enhance your career.

c) How much can a real estate agent earn?
Real estate agents more often than not are paid on commission. This commission is a percent of the selling price of the property. The seller will generally pay 4-6% of the sales price as the fee for having an agent handle the complex job of selling their property. The funds will often be split equally between the seller's broker and broker who finds the buyer.

As an example, if the fee for a $300,000 property is 6%, the buyer's broker will be paid 3% or $9000 and the seller's broker will also be paid 3% or $9000. The agent is paid by his or her broker, using their agreed-upon commission split. This is often 50-50 for new agents, so in that case the agent in our example would be paid $4500.

So to answer the question, the amount that a real estate agent can earn is only limited by the number of transactions that he or she can close.

Visit Real-Estate-Career-Info.com for requirements for obtaining a real estate license in your state.

This article may be reprinted if proper credit is given and all links left intact.

Copyright©2005 Real-Estate-Career-Info.com

About the Author

Andre McFayden, Ph.D., is a Real Estate Broker and contributor to Real-Estate-Career-Info.com.
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Nevada Real Estate commission Resources
Check below for additional Nevada Real Estate commission Links and Information

For Sale By Owner Help
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Home Selling For Sale By Owner Secrets!
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REAL ESTATE DIVISION (PDF)
... Statement: Course Approved by the Nevada Real Estate Commission ... THIS COURSE IS APPROVED BY THE NEVADA REAL ESTATE COMMISSION ...

Real Estate Appraisal School: Nevada online appraisal licensing and USPAP courses - VanEd
... Please Note: The Nevada Real Estate Commission does not allow the 15-hour USPAP course to be ... Please contact the Nevada Real Estate Commission for a list of approved ...

Las Vegas real estate school - American Career Institute - Nevada real estate schools
A Las Vegas real estate training school. Provding real estate classes and courses in Las Vegas for Nevada real estate licenses and jobs. Offering las vegas real estate school las vegas real estate courses las vegas real estate class las vegas ...

Welcome to Platinum Properties - Family First
... of Las Vegas is accredited by the Nevada Real Estate Commission & Licensed by the Nevada Commission on Postsecondary ...

Avalon School of Real Estate
... School is licensed by the Commission on Post-Secondary Education and Accredited by the Nevada Real Estate Commission. ...

Doctor Of Deception Also Fooled Nevada Real Estate Division
... That's also how things most recently fell apart for Andrew Michael with the Nevada Real Estate Commission. " ...

Las Vegas Review-Journal (Las Vegas; Nevada) (via Knight-Ridder/Tribune Business News): Real estate commission hands...
... 3--The Nevada Real Estate Commission levied record fines of $105;000 each against Brian Ross and Danielle Roth for ...

C E R T I F I C AT E O F AC H I E V E M E N T (PDF)
... RE 103; RE 104 and RE 206 are among several courses required by the Nevada Real Estate Commission to take ...

Real Estate Division
... estate principles; practices and law from an Nevada Real Estate Commission accredited provider . The course must include ...

Nevada Real Estate Continuing Education Class - HUD
US Department of Housing and Urban Development's Nevada web site. Real estate continuing education classes in the State of Nevada. ... The class is approved by the Nevada Real Estate Commission - CE #2890 ...

Course Catalog
... on Postsecondary Education and accredited by the Nevada Real Estate Commission. Our 90 hour principles course is ...

Real Estate Pre-licensing Catalog
... Licensed by the Commission on Post-Secondary Education and Accredited by the Nevada Real Estate Commission. ... examinations given by the Nevada Real Estate Commission in order to apply ...

ACADEMY FOR REAL ESTATE PROFESSIONALS - Nevada real estate school; Nevada real estate license; online real estate ...
Course Schedule. Driving directions; telephone numbers; fax numbers; email and more. Details on tuition money that will be refunded to you in the event of a course withdraw. ... Courses are accredited by the Nevada Real Estate Commission. ...

Nevada Software Downloads: Nevada Real Estate Forms; FormFiller; Printer
... Related Software: Nevada Real Estate Commission ... forms nvre; ez forms; corporation; forms; nevada real estate commission; nvre; eforms; form filler; company; formfiller ...

RISMedia - Residential Real Estate's Largest Independent News & Information Service - Immediate access to industry ...
... Nevada Real Estate Commission Hands Out Record Fines ... RISMEDIA; June 8 (KRT) The Nevada Real Estate Commission levied record fines of $105;000 each against Brian Ross ...

The Nevada Real Estate License Professor
The Real Estate License Professor will help you ace your real estate exam the first time. The Real Estate License Professor covers all 50 us states. ... estate principles; practices and law from an Nevada Real Estate Commission accredited provider . The course must include ...

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