Where can I work as real estate agent but also get training on loans?
I just passed my real estate exam. I don’t know where to apply as real estate sales agent and also get training on loans to be a better advocate for my clients. This will be my part-time career at this time since I am currently working full-time in the medical field. Any advice or ideas would be great.
mortgages
In some states, you cannot do both. You either do loans or sell houses. So you are going to want to check on that.
If you do not know where to apply to sell RE, I am not optimistic about your career opportunities. Sorry for the harsh dose of reality, but most people research a field and have a focus before they jump in. If you are hobbled on the “where to apply” step, you are doomed. This field is not for people that need hand-holding, you have to be able to work independantly and with vigor.
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You need to forget doing both, it is illegal in almost every state. Conflict of interest.
Since you are not going to be available during normal business hours, when 95% of the work is done you will need to apply everywhere to find someone to take you. Expect to have to pay monthly for the position as well.
You will be almost impossible to train, as you are not available when the banks are working (9-5), the title offices, the inspectors or appraisers.
I am not even sure how you would manage to close a loan not being available unless you are allowed to leave your other job at a moments notice.
you don’t need to be a loan officer to be a good sales agent. You must know basic loan information, but I wouldn’t do both.
However, if you want to be the BEST advocate for your clients, then you should do sales FULL TIME.
I would NEVER hire a part time agent because you will get part time service.