Education Index

 Marin County, San Francisco North Bay, Ca. , California, USA Real Estate Schools
Marin County, San Francisco North Bay, Ca. USA

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SF North bay area Wide Listings includes Marin, Sonoma, Napa and Solano Counties

 

Real estate brokers / agents and further education

In addition to completing the educational requirements for a state real estate license, most states issue real estate licenses for limited time periods and require real estate professionals to complete a certain number of hours of further education on an annual or biannual basis in order to renew their licenses.

Required course hours range from 10 to 20 per license period. Typically, some specific courses are required to be taken; these would include real estate law updates.

Success rate

Contrary to the erroneous belief of the industry in the United States that the business would bring in easy money (because it is relatively easy to enter and often does not require a college degree), the real estate industry is highly competitive and requires a lot of dedication.

 

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Advantage Real Estate
576 B St # 2B, Santa Rosa, CA 707 578-8877

CLC Real Estate Courses
526 3rd St, San Rafael, CA 415 256-2500

Prudential California Realty - David Wickman
2015 Redwood Rd, Napa, CA 707 259-4900

Sonoma - Marin School-Real Estate
320 Professional Center Dr, Rohnert Park, CA 707 586-9448

 
 
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Compensation is based on a percentage of sales, split between the buying and selling agent, and between the agent and his/her real estate agency. Agents may be required to pay a "desk fee" monthly for office costs, though other arrangements may be a split in percentage rather than a monthly fee.

According to various trade journals such as Realty Times, the first year failure rate is over 86%, and for those brokers or agents who have survived, over 70% have an income less than $30,000. A National Association of Realtors survey found a median income in 2004 of $37,600 for agents, and $52,800 for brokers, though many top agents earn six-figure incomes.  Even for those who have survived for years, most earn a modest income comparable to that of the American middle class. However, many agents work only on a part-time basis.

 
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