May 2019 – Page 3 – Institute of Real Estate Education

How Much Do Real Estate Agents Make?

IRED2019-11-09T10:30:40-07:00

When you are working for a salaried position, your income is fixed, and dependent on corporation rules and advancement tracks. There is not always a lot of opportunity to improve your economic situation without moving departments, or sometimes moving to a new company. A real estate agent is in a unique position where they can control their own income in a way that many people only dream of. So how much does a real estate agent make? A first-year real estate agent can make up to $100,000 or more, and the only thing holding them back is their own motivation and [...]

How Much Do Real Estate Agents Make?IRED2019-11-09T10:30:40-07:00

How To Interview a Broker

IRED2019-05-30T11:52:01-06:00

Getting started as a real estate agent, you learn that all agents must be supervised by a broker. So how do you decide what broker and brokerage is going to be right for you? The first mistake many new agents make, is thinking that it’s like a job interview. That’s only half true. The main fallacy there, is that as a real estate agent, you are working for yourself. Your business is you! Not the brokerage you work for, not your broker, you are your own boss. You are not trying to convince the broker why you should are good enough [...]

How To Interview a BrokerIRED2019-05-30T11:52:01-06:00

Who Needs A Real Estate License?

IRED2019-05-30T11:47:52-06:00

Many entrepreneurs that get involved in the real estate industry wonder what activities require a real estate license. Many others want to get a real estate license to start a new and exciting career. Let’s take a look at when you need a real estate license, and when you can work in the real estate industry without a license. LICENSED AGENTS AND BROKERS When most people think about working in real estate, they imagine being a real estate agent, or a real estate broker. A real estate agent is someone who becomes an expert in the real estate market, learning about [...]

Who Needs A Real Estate License?IRED2019-05-30T11:47:52-06:00

What Is Online Real Estate Education?

IRED2019-05-30T11:44:21-06:00

Online real estate education is something quite a few people are unfamiliar with. It is a way that people interested in becoming realtors can knock out their coursework without having to step foot into a classroom. This is especially beneficial to people who want to take the classes but simply do not have the time to take them in class. With that said, there are several key components to online real estate education that is important to take note of. ORIGINAL COURSES First and foremost, real estate courses online offer classes that consist of original content and material. Instructors specifically craft [...]

What Is Online Real Estate Education?IRED2019-05-30T11:44:21-06:00

New Advertising Rules Proposed

IRED2019-05-30T11:40:27-06:00

Dan Naylor The Real Estate Commission has a new rule proposal for real estate agents in Utah regarding advertising rules, and specifically they are addressing modern advertising venues, such as internet and social media advertising. It has been long known that the old rules were not very clear when it came to advertising on social media, and that changes were needed to preserve the intent of the law in these new mediums. The Real Estate Commission put together a team of experts to review the rules and determine the best way to accomplish the purpose of identifying brokerages in advertising, and [...]

New Advertising Rules ProposedIRED2019-05-30T11:40:27-06:00

What Is Your Pass Rate?

IRED2019-05-30T11:31:29-06:00

Dan Naylor This is a question that students sometimes ask. On the surface, it seems like a very good question. Who wouldn’t want to know the school’s pass rate? Isn’t that an objective measure of how well the students perform who attend the school? I could tell you that we had a 95% pass rate last month. I could also say that we had 100% of broker students pass the exam in a 10 month period. Maybe best would be to say that for the last 2 years running, our pre-license student pass rate has exceeded the state average. Which one [...]

What Is Your Pass Rate?IRED2019-05-30T11:31:29-06:00

Proposed Privacy Laws Fail to Land

IRED2019-05-30T11:28:19-06:00

Dan Naylor Maybe you missed the recent discussions with the Real Estate Commission about privacy of real estate sales data, but there were a lot of brokers worried about the possibility of new restrictions on how sold data can be used. Law and statute changes remind me of tropical storms. A small shift in the weather over the ocean can sometimes develop into a raging storm that has strong and sometimes catastrophic effects when the storm makes landfall. Once while I was in Chetumal, Mexico. I experienced one of these storms first hand. Just like a tropical storm, a small change [...]

Proposed Privacy Laws Fail to LandIRED2019-05-30T11:28:19-06:00

More Education Needed For New Brokers

IRED2019-05-30T11:23:55-06:00

Dan Naylor Do you ever think that new brokers are under educated, or ill prepared for their new role? There are some pressing for increased education for Brokers in Utah. Mark Fagergren, the Director of Education and Licensing, proposed that idea in a recent meeting with the Real Estate Commission. He proposed that the state require a New Broker Course, similar in purpose to the New Agent Course currently required of new agents. The New Broker Course would provide additional instruction on trust accounts, how to supervise agents, and other responsibilities that brokers face. When a new agent begins their career [...]

More Education Needed For New BrokersIRED2019-05-30T11:23:55-06:00

Dan Naylor, President, Board Of Directors Nominee For The Northern Wasatch Association Of Realtors

IRED2019-05-30T11:10:18-06:00

Dan Naylor, President, Board Of Directors Nominee For The Northern Wasatch Association Of Realtors Agents who are members of NWAOR can vote by logging into the MLS at UtahRealEstate.com. Dan Naylor is a trainer, educator, and expert. He is the Owner and Principle Broker of Stone River Realty and the President and Owner of the Institute of Real Estate Education, both family businesses. His passion for inspiring others has led the Institute to succeed as the top real estate school in Utah, with above average student performance, and top ranking reviews. With over 15 years’ experience in business management and real estate, [...]

Dan Naylor, President, Board Of Directors Nominee For The Northern Wasatch Association Of RealtorsIRED2019-05-30T11:10:18-06:00

The Cost of Becoming a Real Estate Agent in Utah

IRED2019-05-30T11:02:44-06:00

Dan Naylor For many, the opportunity of a career in real estate is very exciting. High value transactions, the chance to help people find their dream home, it can be a very rewarding and a very lucrative career. However, the cost of entry can be a little high. So let's look at how to become a real estate agent in Utah. The first step is to get licensed. In order to get your real estate license in Utah, you need to take the required education and pass the state licensing real estate exam before you can apply for your license. The [...]

The Cost of Becoming a Real Estate Agent in UtahIRED2019-05-30T11:02:44-06:00

Monthly Archives: May 2019