The Difference Between a Real Estate License and Broker License

You’ve decided that you want to get your real estate license. You’ve heard of a broker license too. What is the difference between these two real estate professions? Unless you’ve been involved in a real estate transaction or are familiar with the careers, you might not know the exact differences.

If you want to pursue your real estate license, you should thoroughly understand the similarities and differences.

All states require that real estate sales professionals, including salespersons and brokers, be licensed by that state. Brokers will generally be required to complete more real estate education and experience than a salesperson.

A real estate agent is usually an independent contractor who provides his or her services to a licensed real estate broker on a contract basis. In return, the real estate broker pays the salesperson a portion of the commission earned from the agent’s sale of the property.

Real Estate Salesperson – An individual who can show property for sale on behalf of a seller, but who may not have a license to transact the sale and collect the sales commission.

Assist sellers in marketing their property and selling it for the highest price. Assist buyers in purchasing suitable property for the best possible price. Acts as an intermediary between the buyer and seller.

Real Estate Broker – A person licensed by his or her particular state to charge a fee for bringing a buyer and a seller together to purchase real estate.

Assist sellers in marketing their property and selling it for the highest price. Assist buyers in purchasing suitable property for the best possible price. Acts as an intermediary between the buyer and seller. Buys and sells real estate for a company or individual on a commission basis.

Real estate salespersons and brokers perform many of the same duties including: obtaining listings, determining sales price; showing properties; assisting with financing; selling property; overseeing inspections, and more.

The state examination, which is more comprehensive for a real estate broker than an agent, includes questions on real estate transactions and laws affecting the sale of property. Most states require that a real estate salesperson complete between 30 and 90 hours of instruction. A real estate broker needs between 60 and 90 hours of real estate education and a specific amount of experience selling real estate (usually 1 to 3 years).

Real Estate Investment Business Plan – a Detailed Outline for Success

The real estate marketplace can fluctuate dramatically and unpredictably leaving as many stories of failure as there are stories of success.  The best way to help stack the odds in your favor is to have a solid real estate investment business plan.  A business plan is a detailed outline that includes a clearly stated objective and a how you are going to achieve that objective – in this case real estate.  It should contain methods of securing financial support, either through partners or loans, and be able to describe ways of limiting fiscal risks.  It should also list certain criteria that will distinguish between investments that are likely to provide a profit and those that are likely to create a loss.  Finally, it should delineate clear methods of procuring a steady stream of buyers.

The first step to success is to find potential investments.  The basic principle to follow is to buy low and sell high.  Situations that depress a property’s asking price include foreclosure, owner death, IRS issues, illness, divorce, relocation and job transfer.  In a number of these cases, a bank or financial institution assumes ownership over the asset.  Hoping to reclaim some of their financial losses, they sell off as much of these assets as possible.  This typically happens to houses that have come under bank ownership.  The asking price for these houses is generally much lower than market value.  These types of situations are advantageous to an investor because a lower asking price ensures a higher profit margin.  A successful real estate investment business plan should include as many of these beneficial opportunities as possible, thus increasing the likelihood of a greater profit margin.

The next principle of any business plan is to secure the funding needed to get started and keep the process going.  When dealing with real estate, this part is usually straight forward and easy.  Ideally the money for the initial investment would come from your own savings or a trusted partner.  In this way, while you are risking your own money, failure would not harm your ability to garner future loans from banks or mortgage lenders.  However, not everyone has enough personal capital to begin buying real estate.  This is where proven time tested techniques are utilized to secure the funds needed from joint venture partners or private lenders.  Both of these groups are mainly interested in two items; One – how secure is their money and Two – How much will they be paid.  As long as it is a truly good deal you should have no problem finding the money.  Do not be afraid to share some of your profits to your money partner, better to share some than not be able to do the deal and make nothing.   The idea is to secure the loan, purchase the property, sell the property, and then pay off the investor.  Using this method you can buy real estate without any personal financial commitment.

Finally, a real estate investment business plan should include a stable method to facilitate a deal with your exit strategy.  This should consist of a manner to procure buyers, in the marketplace. There is no shortage of these, and it is a way to close the deals that ensures the highest possible profit margin possible.  It may be a good idea to hire an advisor at this point if you are not confident with your own experience.  In the beginning it is a good idea to re-invest the profit.  In this way you can create more opportunities to earn more money, thus securing the ultimate goal: financial success. 

Understanding Florida Real Estate Taxes

No matter where you live, state taxes are a part of life. States use the taxes collected from homeowners to pay for vital community infrastructure. In Florida, the state collects approximately $36 billion per year in general tax revenue, which is used for schools, health care assistance, environmental protection, and numerous other state-funded programs. Taxes on businesses, large corporations and merchandise, rentals and services make up the majority of this revenue, but Florida homeowners also make a significant contribution.

A clear understanding of Florida property taxes is an asset to any Florida home buyer. If you are considering a new home purchase in Florida, knowing the amount of tax you will need to pay, both at closing and on an annual basis, is an integral step in establishing a realistic housing budget. Certain taxes are assessed at the time of closing on your new home, while most annual taxes are deducted from your initial escrow account. An additional tax payment added to your monthly mortgage is used to replenish this escrow account each year.

Taxes due at closing

Whenever real estate is transferred in Florida, either by quit-claim deed, warranty deed, or a written obligation to pay (such as a mortgage) is filed, a Florida document tax must be paid to the County Clerk’s Office if the document is files, and directly to the Florida Department of Revenue if the document is not filed.

The Florida home buyer will be assessed a Florida mortgage tax, which is typically $0.35 per every $100 of the home’s value. A Florida State Mortgage Intangible Tax may also be assessed at an average rate of $0.35 per every $100 of the home’s value. Taxable home value is calculated by using a fair market price estimate.

Ad Valorem (property) taxes

All Florida residents are required to pay an annual Ad Valorem, or property, tax. The amount of tax due each year depends on the taxable value of your home, and on your county of residence. A comprehensive list of property tax rates among Florida counties can be obtained from the Florida Department of Revenue.

Tax exemptions

For many Florida residents, tax exemptions help to lower their annual property tax bills. The primary exemption available in the state of Florida is the Homestead Exemption, but there are many others available. The Widow’s and Widower’s Exemption, The $500 Disability Exemption, and the $5,000 Disability Exemption, to name a few. Tax exempt amounts are deducted from the fair market value of the home.

Homestead Exemption

The largest tax exemption for Florida home owners is the Homestead Exemption. A Homestead Exemption allows you to deduct $25,000 from the fair market value of your Florida home. To qualify, you must be a Florida resident, the home in question must be your primary residence as of January 1st.

Applying for this exemption is relatively simple. First, you must obtain a Homestead Exemption from your local property appraiser’s office. Standard application questions include: Name on property’s recorded title, street address of the property, length of time title holder has been a Florida resident, confirmation that title holder has a Florida license plate and driver’s license, and whether title holder resided at the property address as of January 1st.

Tax exemptions for disabled persons

The state of Florida offers several tax exemptions for those with permanent disabilities. Any Florida resident who is totally and permanently disabled may qualify for at $500 exemption. Residents who are ex-service members and who sustained at least a 10% disability in war or service-connected injury may apply for a $5,000 exemption on any property they own.

If you are an ex-service member who sustained an injury in wartime or service-related activities which let to a total and complete disability, you may be entitled to a complete tax exemption on your primary residence.

Property tax exemptions in the amount of $500 are available to blind persons residing in Florida.

Additional exemptions

Finally, property tax exemptions are available to widowed residents and residents over the age of 65. Florida Residents over the age of 65 who have an annual income of less than $20,000 may be entitled to an additional $25,000 Homestead Exemption.

Any widow or widower who can show permanent Florida residency is entitled to an additional $500 tax exemption. This exemption is revoked upon re-marriage.

For additional information on tax exemptions, qualifications, residency requirements and application forms, Florida residents can contact the county property appraiser, tax collector, or Florida Department of Revenue.

Hyderabad Real Estate Investment


The state Hyderabad is one of the most important states in India level. It is famous for their in the very ancient time. Although it is not only famous for their historic reason, but also their impressive real estate. In Hyderabad there is a world class international airport, the investment symbol of real estate make promises for their growth and development. In the real sense it is known for the city of braves.

Historic Reasons:

Hyderabad is world famous in their ancient time. It is famous for many Monuments such as—Charminar, Golcunda Fort, Temples, Church, Bazars and etc.The Great Ashoka was the ruler of Hyderabad in the third century.The city of Hyderabad is built by Muhammad Quli Qutub on the river of Musi in the south Golconda in 1589.  So Hyderabad is the symbol of status and prosperity in the very old times.

Hyderabad Real Estate:

The Hyderabad real estate is attractive, was attractive and will be attractive in future the reason are given below:

The Hyderabad property is the great contribution between Golden Gate property and Deutche and Maytas property JM financial management. Being the foundation, these bankers give strong ness of Hyderabad real estate.

Like the other states real estates Hyderabad property is also structured by residential and commercial property. There is some best example of Hyderabad commercial and residential sights.


The industrial plane of Hyderabad is the best symbol of its commercial property. The various type of industry which emerged in Hyderabad for there ancient time-are:

Singareni –1921 Nizam Sugar Factory–1937 Allwyn Metal Works-1942 Praja Tools–1943 Sirsilk—1946

So we can say it is the center of industrializations from their past so why it ignore their future.


To sum up, Hyderabad real estate is the center of attractiveness if we watch their property minutely. Weather we saw its past or future we always find its progress towards boom– there are some key points of Hyderabad property which is the glowing stars of Hyderabad real estate:

Buildings – Salarjung Museum, Birla planta , Lal Bahaddur Sastri Stadium Tourist Attrections—Laad Bazaar, Nehru Joological Park. Higher educations center—Jawahar lal Nehru technical university, Intrenational Institutes. Transports—South center railways, International airport,Andhra Pradesh road transports and etc. By these reasons, investors impressed towards these properties and want to invest there , which make increment of upward conditions of properties.

The Dangers of The Continuing Rise of Mortgage Failures

The rate at which people are falling to failure with respect to their mortgages is alarming indeed and industry analysts are warning of an increasing risk of further problems in the real estates business should iut continue. It shows that from all the mortgages issued, more than 62% are falling to late payments and other problems that ultimately leads to foreclosure. It’s bad for business according to industry experts who have been trying to figure out the trends which would supposedly allow them to predict the end of the crisis but information such as this is not good indeed. A further collapse may be inevitable should people continue to fall behind on their mortgage payments, and the road to travel before recovery ensues may be much longer than predicted.

Real Estate Broker

A real estate broker is a person who is a go-between for buyers and sellers of property. They have to seek out the people who wish to sell and the people who wish to buy and then become their broker. Being a real estate broker is a double edged sword. When working with a selling party the broker must find a way for the seller to sell their property for the highest price under the best term. But when a real estate broker is working with a buying party they must find a way for the buyer to purchase a piece of property for the lowest price under the best terms. Most real estate brokers working within the United States are required to have a license before dealing with prospective buyers and sellers.

Below is a list of the services a real estate broker can provide to a buyer or seller of a piece of property:

Comparative Market Analysis


Facilitating a purchase

Facilitating a sale

FSBO document preparation

Full residential appraisal

Home selling kits

Hourly consulting


Property management

Exchanging property

Auctioning property

Preparing contracts and leases

Not all of these services are available in each and every state within the union and a handful of them come with a fee.

Below is a list of the services provided to a selling party:

Property listing

Paperwork prep

Adding a “For Sale” sign to the property

Advertising the property

Running an Open House for prospective buyers to tour

Negotiating the price

Representing the seller at the closing

To be qualified for a real estate agent’s license an interested party must attend an educational course that usually lasts 60 hours or more. At the conclusion of the course the participants take a test and must pass before receiving their license as a real estate agent. The new agent must then use their license with an existing real estate firm before going out on their own. If the real estate agent wishes to become a real estate broker they must take another educational course and pass another test to become a broker. This can only happen after the agent has been an agent for a specified period of time, which usually differs from state to state. A real estate broker can own and/or operate a real estate firm and each branch office of a larger firm is required by law to be managed by a licensed real estate broker.

There are four popular groups within the real estate agent and broker profession. They are the National Association of Realtors, the Realtor Political Action Committee, the National Association of Exclusive Buyer Agents and the National Association of Real Estate Brokers.

The majority of sales involved in real estate involves a percentage. When a buyer or seller hires a real estate broker or agent to aid them in property movement they usually determine a percentage of the sale to go to the agent or broker beforehand. Most agreements net the agent or broker anywhere between 20 to 35 percent of the final sale.

The Keys to Becoming a Successful Real Estate Agent

For a lot of people, becoming a real estate agent is a viable career option. If you are thinking about becoming a real estate agent, it’s important to understand exactly what it is that can make one successful in the field. Of course, the list will change for you depending on your definition of success; sales volume, money per year, and client satisfaction will all probably be important measuring standards for anyone.

Before we get into a list of the keys to becoming successful in this field, it is important to say something about luck. Many people entered real estate during the recent housing boom, one which continues in many parts of Canada today. In such an environment (which most analysts still find difficult to explain) it is easy to feel very successful but it presents a very limited picture about a career in real estate in the long run. The keys we have listed below are what will ensure long term success, in all real estate climates.

Flexibility. Buying and selling houses means that you will have to work around other people’s schedules, not force them into yours. You’ll have last minute cancellations, and you will have to organize showings around the business hours of your clients. You’ll need a flexible approach in order to make it.

Personality. A successful real estate agent is one who can speak to a wide range of people in a way that they can understand and empathize with. You will have to be willing to meet with people and explain things to them in a way that they can understand, without appearing condescending.

Reliability. Probably the most important key to success as a real estate agent is ensuring that clients know that they can rely on you. This trait will encompass the entire job, so make sure that you are able to keep appointments and to maintain regular contact.

A willingness to go the extra mile. One thing that every real estate agent needs is good word of mouth. It will help to ensure future clients and a steady business; one way to get this is by going the extra mile for your clients. People know when someone is doing an outstanding job for them, well beyond the call of duty. It’s something that will make you stand out and be remembered in their minds.

The keys to success as a real estate agent are largely based on personality traits. Acumen and legalities can be acquired through books, but these traits are something which a potential realtor must work on within her or himself.

Basic Investment Tips

Investing in anything can be a stressful thing. After all, anything that requires you dropping money is a source of some stress. Yes, things are looking better than a few years ago, but no one is out of the woods yet. So when it comes to owning property, you really need to sit down and think about things. It is a good thing that there are some simple and basic investment tips or guidelines to go by especially when it comes to investing in property.

When looking at places or areas to buy property, look at demand through prices of property themselves. If homes are expensive, this is likely a reflection of demand. Similarly, if you look in suburban areas on the outskirts of these areas in high demand, you will probably find their prices lower. It would be wise to invest in those areas that are lower in price but may be high demand later. One way to know this would be to look at taxes and school statistics.

Considering your house location

By: MJ

Considering the best house location is very important to the buyers and the ones selling it. It determines customer satisfaction and the value of the property being sold. Here, the author shall cite different areas that may imply a negative and unsatisfactory effect on the sellers and buyers.

The following are enumerated examples of bad locations for a house: (The author shall later select a number of items to discuss cons of the area chosen.)
• Railroad tracks
• Main roads prone to traffic
• Industrial and commercial properties
• Apartment buildings
• Utility structures like waste or nuclear power plants
• Cemeteries
• Government housing
• Noise pollution from nearby freeways

Install solar water heaters AO Smith innovation listed balcony – solar energy, solar water heater – HVAC Industry

Recently, the U.S. water expert AO Smith innovation and introduction of the balcony wall installation Solar water heaters , In the “China Real Estate Brick Award” named in winning the “2009 Green Energy Environmental protection Innovation Award “, the only award within the industry products.

AO Smith residential solar energy for high-level design

“China Real Estate Golden Brick Award” Oscar known as the real estate sector, is one of many well-known commercial real estate and engineering supporting fierce competition, waiting for the awards. This, A.O. Smith balcony solar wall Water Heater Received Golden Brick Award “2009 Green Energy Green Innovation Award”, is undoubtedly welcomed by all.

Learned, promoting energy conservation in the country Reduction Situation, more than 20 provinces and cities have introduced policies to promote integration of solar energy and building specifications. But with the improved utilization of land resources, construction of new residential building higher the more traditional solar products are only installed on the roof of the limitations, can hardly be popular.

City’s new high-rise residential flats in the main, real estate agency supporting manufacturers eager to develop products suitable for installation at the top. The demand for real estate agency, AO Smith, Global Engineering Center painstaking 3 years R & D, introduced for the design of the balcony wall high-rise residential solar water heater, a troubled real estate sector over the years to solve the problem. It completely broke the installation limitations, can be installed in the balcony, top users, non-top-level users can use. In the neat appearance, but also to avoid the traditional solar water heater placed in the roof caused by insecurity.

AO Smith’s solar products immediately upon introduction of the real estate sector received wide attention and recognition, AO Smith Corporation, Vice President / President of China Mr. Ding Wei, said the industry was that this award is innovation AO Smith’s approval.

Innovative technology, winter can be really

Solar energy as a green product, the benefits of self-evident. However, the solar water heater not popular in China because there are many, for example, can only be installed on the roof of use, low technological content and low winter water temperature bath are all the shortcomings of its use. AO Smith

the balcony hanging solar water heater is completely broke all the limitations. It is understood that its innovative unique design makes this new type of solar collector water heater in the winter sunshine a day, water temperature can reach 50 degrees, with “water is not cold in winter, summer, but hot” and “specific” feature. In addition, the product is split bearing designs, from pressure effects, not only will not produce the phenomenon of hot and cold, and the liner in full accordance with the standard water heater production, very safe to use, water flows are particularly large, year round can enjoy the hot water to consumers energy-saving, comfortable bathing experience.

The same time, AO Smith balcony hanging solar water heater small size, high efficiency, solar hot water systems and electric water heaters combine two completely abandons the lack of solar roof shake, called a “solar winter can also be “the water heater.

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