Is real estate right for me?
Hello,
I am a 19 year old male. I work about 32 hours a week in a restaurant, at night. My hours are usually about 4pm to 9:30pm Saturday-Thursday. I have one day off per week: Friday. I have been sort of put off my college classes lately, and no matter how much people tell me it's important to get a degree, I'm ready for a career now. I won't exclude the possibility of a degree later however, especially to advance myself in my career.
I have always been fascinated by real estate. I love houses, enjoy working with people, and the idea of being in charge of my own destiny is somewhat exciting.
Does my schedule and current situation seem to support being an agent?
FYI: I live in Michigan, Detroit area.
Also, which brokerage companies are the best to generate leads and learning experiences for YOUNG inexperienced agents? I have heard a lot of good about Re/Max. However I think the most visible face in real estate here is Century 21, which to me seems like a prestigious company, however I have heard they are not the best to work for.
A few years ago, there weren’t as many choices when it came to buying a home as there are today. Today, the housing market is saturated with homes for sale. Perfect homes can be found on every block, in every neighborhood. And homes are being sold for a fraction of what they are worth.
It is definitely time to buy a home. But the sheer amount of options available can make it difficult to choose which home to buy. You cannot possibly view all of the homes that are for sale. Even if you narrowed your search to a small area, you would still be overwhelmed by all of the options available. In order to ensure that you make an offer on the house that is perfect for you, you need to create a short list. Here’s how:
• First and foremost, you should have a good idea of where you want to live. If you’re unsure which neighborhoods are the best, ask. Study up on the school systems in your area and figure out where property values are rising most rapidly. The information you gather will help you decide which neighborhood to look in.
• Before you contact an agent about purchasing real estate in Toronto, you need to browse all of your options. Free home guides and the internet are a great place to start. Look at all of the listings in the area where you want to settle. Get a feel for what’s out there and how much houses are selling for.
• Make a list of all of the things you want in a house. Be sure to break your list down into “must haves” and “wants.” If you need 3 bedrooms, do not look at homes that are less than three bedrooms. If you would like to have a pool, put homes with a pool on top of your list but do not limit your list to such homes.
• Once you have a list of possibilities, drive by all the homes that you have on your list. If you don’t like what you see when you drive by a particular piece of real estate in Toronto, mark it off your list. Culling your list in this way will prevent you from viewing a lot of homes that you don’t want to see. It will save you time, and it will save your agent time.
• Never put homes on your list that exceed your budget. You will be tempted to upsize your order.
Once you have created a short list, you can start viewing homes. Set up several appointments to see homes on the same day. Avoid spreading your viewings out through the week as this will waste time. Be sure to tell your agent what you like and don’t like about the homes you see. They may be able to help you adjust your short list so that you avoid seeing homes with similar negative qualities.
About The Author
MyCityToronto is Toronto’s premier source of Real Estate information. Whether you are buying, selling or leasing, you will find the best professionals to represent your interests by visiting http://www.realestate.mycitytoronto.com.
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