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To find out answers to common questions below, click the question.
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It is beneficial to research any new industry to determine if it involves your personal
strengths, interests and/or goals. Reach out to your local Coldwell Banker office
and ask to speak to the manager to schedule an informational meeting about real
estate. (S)he can help you identify the challenges and rewards of a real estate
career and if it is in line with your personal ambitions. A real estate career gives
a candidate the ability to go into business for him/herself. It is essential to
have the support of a strong brand that has the resources and expertise available
to build successful businesses and careers.
Find a Local Coldwell Banker Office
In New Jersey, in order to obtain a real estate sales license, the applicant must:
- Be at least 18 years of age
- Have high school diploma or equivalency
- Complete a 75-hour course prior to application
- Pass the state licensing examination
- If accepted by the Real Estate Commission, pay a licensure fee
Candidates interested in a real estate career are encouraged to speak with a Coldwell
Banker manager in an informational meeting to develop career goals and find out
if becoming licensed in real estate is the right opportunity.
Find a Local Coldwell Banker Office
No, you can interview with local real estate managers without obligation and, after
you pass your state exam, choose a company and an office that best suits your interest.
Find a Local Coldwell Banker Office
What are the licensing requirements to become a real estate broker? In New Jersey,
in order to become a broker, a sales agent must, on average, have one to three years
of agency or other real estate experience. The applicant must also:
- Be at least 21 years of age
- Have high school diploma or equivalency
- Experience as a full time licensed salesperson for three years prior to application
- Complete of 150 hours of course instruction (90 hours of general real estate, 30
hours of Agency Ethics and 30 hours of Office Management and other topics)
- Submit proof of course completion with an Experience Report for Broker Applicant
form
- Take the state examination
- Pay a licensure fee (license cannot be issued more than one year after completion
of all pre-licensing requirements)
As an experienced real estate agent the support of a world renowned company and
industry leader can help you grow your business. Please contact us to schedule a
confidential interview today and find out how Coldwell Banker’s commitment to innovative
technology, strategic marketing and powerful advertising continues to consistently
produce top results.
Earning an income is the primary concern. Coldwell Banker excels in supporting sales
agents by helping you set realistic goals and formulate an action plan to meet your
goals.
Find a Local Coldwell Banker Office
Depending on the fees the local Board of Realtors and multiple listing service charge,
the amount will vary. The majority of brokers will charge for Errors and Omissions
insurance and for their basic training courses.
Find a Local Coldwell Banker Office
No, according to the IRS a real estate agent is an independent contractor, thus
unsalaried. Agents earn commissions when a sale closes or passes title. A real estate
career gives a candidate the exciting opportunity to go into business for him/herself.
It is essential to have the support of a strong brand that has the resources and
expertise available to build successful businesses and careers.
Find a Local Coldwell Banker Office
Earning potential is unlimited and is highly variable depending on a variety of
factors, including the pace of your learning, the support provided by the company
you affiliate with and of course, your motivation. Continuously sitting down with
your Office Manager to discuss your goals, and how to achieve them, will be instrumental
in getting off to a productive and rewarding start to your real estate career.
Find a Local Coldwell Banker Office
Call the managers of your local real estate offices to schedule an informational
meeting. Ask probing questions and be prepared to discuss your goals, expectations
and concerns. Some good questions to ask during your meeting can include: Does the
manager sell homes and therefore compete with the agents? What are the specifics
of the basic training program? Is there formal ongoing education? What are the technology
initiatives? What is the web presence? Where you start your career is crucial to
your success and establishing your presence in your local community.
Find a Local Coldwell Banker Office
It is exciting and challenging to build a business in real estate, but operating
your own business includes overhead and investing in marketing, advertising and
back office materials that are considered part of the cost of doing business. As
part of the NRT family of companies, a subsidiary of Realogy Corporation and the
nation’s largest real estate brokerage company, Coldwell Banker is in the unique
opportunity to offer its sales force a high number of professional services and
expertise at no cost. To ensure Coldwell Banker sales associates can focus on building
and growing their businesses, top professional marketing, advertising, public relations,
educational and administrative expertise and support is available. Coldwell Banker
has invested millions in online advertising, enhanced text, images and banners,
purchased thousands of search terms to capture buyers on Google or Yahoo and has
implemented cutting edge technology like LeadRouter, which converts online inquiries
to cell phone messages within minutes, and HomeBase, an exclusive online transaction
management system. These resources, combined with ongoing training, education and
the support of a strong team, helps set every sales associate at Coldwell Banker
apart.
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At Coldwell Banker, we offer our sales associates continuing education, offered
in the training room, our state of the art computer labs, in-office and online via
WebEx. To be successful in real estate, it is imperative sales associates are aware
of the market conditions and how things are trending. An exciting, and challenging,
aspect of a career in real estate is the constantly changing environment.
Find a Local Coldwell Banker Office
A real estate career can be incredibly rewarding for many different types of people.
The opportunity to build your own business, and have an unlimited earning potential
is a strong draw for motivated, self-starter personalities, and the constant interaction
with a wide variety of clients out in the community is a strong draw for high-energy
individuals who enjoy fostering client relationships. With a constantly changing
environment and clients, the variety presented in a real estate career is a refreshing
change of pace for individuals seeking new challenges.
Find a Local Coldwell Banker Office
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Follow Coldwell Banker
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"My first real estate transaction was through a Coldwell
Banker agent and I couldn't have been happier with how things went. It inspired
me to become an agent."
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Christoper Levin
Hillsborough
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"Every time I dealt with a Coldwell Banker agent I felt
I was working with true professionals that are the most knowledgeable in our field.
It's the place to be to be considered seriously."
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Lois Cohen
Holmdel
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