Candidates for a career in real estate market will discover a variety of resources that will simplify their entrance into this field and boost their professional advancement.

1.Ensure that you meet the initial requirements. You must be at least 18 years old and hold a high school diploma in order to apply for a real estate license.

2.Complete a pre-licensing course. The course of study approved by the Florida Real Estate Commission (FREC) consists of 63 classroom hours. Candidates can apply for a license within two years of taking the course.

3.Determine whether you qualify for a correspondence pre-licensing course. Applicants who are unable to attend the class in person due to a permanent disability may qualify you to take the course at home.

4.Submit an application. Candidates must submit the application for a license before they can register for the licensing class. Applicants must also submit electronic fingerprints and an application fee.

5.Understand the Mutual Recognition Agreement. Under the agreement, out-of-state applicants who are licensed real estate agents or brokers in their resident states can apply for a license in Florida. These candidates need only pass the law portion of the exam.

6.Achieve the passing grade. Candidates must pass the Real Estate Sales Associate exam with a grade of 75 or better.

7.Activate your license. Candidates can submit a RE-2050-1 form at the examination site to expedite the receipt of an active license upon passing the exam.

8.Complete a post-licensing course. To remain active, real estate agents must complete a post-licensing course approved by the FREC before their license expires. This course consists of at least 45 classroom hours.

9.Visit the Department of Business and Professional Regulation for a list of approved courses and schools.

To learn more about How to be a Real Estate Agent, please visit our website :
http://www.ebookdotcom.com/real-estate

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Beard Properties is a real estate consulting group that specializes in buying, selling, and investing in real estate.

Feel free to express any thoughts or concerns at: http://www.beardproperties.blogspot.com

or to get more info on BeardProperties go to http://www.beardproperties.net

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One sees this every day. Storefronts on Park Avenue South where overpriced restaurants sat two years ago are empty with “For Rent” signs, something one never saw in such neighborhoods. Traditionally in NYC, property changes hands in private deals, never through the posting of rent signs. With 1% down payments, commercial real estate makes the subprime meltdown look outright responsible.

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Aug. 10 (Bloomberg) — The collapse in commercial real estate is preventing Federal Reserve Chairman Ben S. Bernanke from declaring the economy and financial markets are healed.

Property values have fallen 35 percent since October 2007, according to Moodys Investors Service. Thats making it tough for owners to refinance almost $165 billion of mortgages for skyscrapers, shopping malls and hotels this year, pressuring companies such as Maguire Properties Inc., the largest office landlord in downtown Los Angeles, to put buildings up for sale.

Negative Fundamental

Demand for commercial space comes from employment and the income generated by that employment, said University of Pennsylvania Professor Joseph Gyourko, director of the Wharton Schools Samuel Zell and Robert Lurie Real Estate Center in Philadelphia. Mounting job losses are a really significant negative fundamental, signaling that conditions are going to be tough for the industry for a while, he said.

That may spill over into mounting losses at some banks. Forty-seven percent of loans at the 7,000-plus smaller U.S. lenders are in commercial real estate, compared with 17 percent for the biggest banks, according to New York-based Goldman Sachs Group Inc.

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Real Estate is the biggest asset class and of great importance for both individuals and institutional investors. An array of economic and psychological factors impact real estate investment decisions and the public has changing ideas of real estate as a profitable investment. People’s demand to buy a home by taking on long-term debt, called a mortgage, is often tied with the overall health of the economy and financial markets. In recessions, home buying tends to fall and the opposite holds in a strong economy. Commercial real estate, held indirectly by the public through partnerships and real estate investment trusts (REITs), is vulnerable to similar speculative activity. The most recent real estate boom illustrates the speculative nature of real estate, and its relation to financial and economic crises.

Complete course materials are available at the Open Yale Courses website: http://open.yale.edu/courses

This course was recorded in Spring 2008.

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