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Updated almost 2 years ago on . Most recent reply

User Stats

42
Posts
16
Votes
Romney Salanoa
  • New to Real Estate
  • Salt Lake County, UT
16
Votes |
42
Posts

What information should I know?

Romney Salanoa
  • New to Real Estate
  • Salt Lake County, UT
Posted

Hi, I am currently 17 but I have been doing lots of work studying, listening to podcasts, reading books, and coursing over properties trying to find the different aspects that make good deals, for the past 6 months, I have also saved around 35,000 and have 10,000 in assets and I will have another 40,000 by the time I am 18. However, now I am trying to look into Mentors that could help me before I start the process of getting my License. Is there any process or tool I should know how to do to bring value to the table and make myself a more attractive pupil? Any advice is much appreciated, Thank you for your time.

Most Popular Reply

User Stats

495
Posts
391
Votes
Ricardo R.
  • Property Manager
  • Michigan Ctr, MI
391
Votes |
495
Posts
Ricardo R.
  • Property Manager
  • Michigan Ctr, MI
Replied

@Romney Salanoa one of the things can certainly get you a head start is learning how to value properties as an agent, learning and knowing how to comp properties is as mathematical as it is an art form, sounds like you're already doing some of that but becoming proficient at it should give a leg up and free you up to deal with more important issues later on down the road. Secondly, take that to the next level and become proficient at valuing investment properties i.e. value, cash flow, roi, etc. etc. and that should give a 'niche' --- there are many many agents and I'll even say that 99% of agents don't really even know how to do this.. thus if you are able to become proficient at it would definitely add instant credibility to you because you'll come across as someone that actually know what you are talking about. Hope this helps. 

  • Ricardo R.
  • 810-844-1104
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