Online Kentucky Real Estate Classes » X-Misc

New Website has Been Released- www.realestaterenegade.org

Todd — Thu, 28 Feb 2008 04:42:02 +0000

If you are looking for the latest information, we’ve rolled out our newest website. The website has a fresh new look for those interested in real estate and getting a Kentucky real estate license in Kentucky.

Kentucky real estate classes really are for Everyone!

Todd — Fri, 07 Sep 2007 19:18:44 +0000

Top 7 Reasons to Take a Real Estate Class
(Even if You Don’t Want to Become a Real Estate Agent)

“Knowledge is Power”
I am not sure who came up with this quote, but I agree 100%. Every minute people just like you and me are making the biggest investment decisions of their lives. They are buying, selling, and investing in real estate without any real estate education or knowledge. More time is probably spent on reading food labels than on learning about real estate. While knowing what you’re putting in your body is important for your physical health, knowing how to spend your money for real estate is imperative for your financial well being. Why should you want to know more about real estate? If you own a house or are ever going to purchase a house there are some things you should know.

Reason 1: Using Real Estate as an Investment
Have you thought about investing in real estate? Whether you want to have an additional income, save for retirement, or put your kids through college, real estate investments are a great way to earn extra capital. Maybe you have put it off because just didn’t know how to find the resources and knowledge. We will give you the same education and tools required to make informed buying decisions.

Reason 2: Financing (Money, Money, Money)
Did you know that depending on what type of loan you qualify for could impact how much money you spend? Certain loans cost more than other loans. Learn how to keep more of your hard earned cash in your pocket. What about all of those “miscellaneous” fees? Where do they come from and what can I do to minimize them? We’ll answer those questions as well.

Reason 3: Contracts
Has, “What exactly am I signing?” ever crossed your mind? What are you agreeing to when you sign on the dotted line? Most of us have signed documents in the past without reading every single word. However, when you are making one of the biggest purchases of your life, don’t you want to know what every “little” thing you are agreeing to? Those words in small print could possibly have an enormous impact on your life.

Reason 4: Appraisals
Why should I pay $135,000 for a house when the one next door sold for $127,000? What factors determine a property’s value? Figure out how much your house is worth without paying hundreds of dollars for an appraisal. Small improvements may make you thousands.

Reason 5: Homeowner’s Insurance
With so many homeowners displaced from Hurricane Katrina aftermath, what do I need to know about my homeowner’s insurance policy? Is flood covered under my existing policy?And what does my credit score have to do with how much my insurance premiums are? Why does my neighbor with the same size house as I pay less for homeowner’s insurance?
We’ll help you to comprehend your homeowner’s insurance policy.

Reason 6: Fair Housing Laws
What are they and why should I care? Were you aware that Fair Housing Laws apply to everybody? Not just realtors, mortgage lenders, and landlords? That’s right even as a seller; you have an obligation to follow the Fair Housing Laws. Don’t want to rent to a couple who has 4 wild kids running rampant? According to the law, it is not tolerable to discriminate against families with children. What other laws could you be in violation of? Find out more in our comprehensive, easy to follow course.

Reason 7: Negotiation Skills
Are you one of those people who know how much you want to pay when making a big purchase, but always end up paying more than you intended? There is a way to get what you want for the price you want. Consumers and sellers negotiate every day. But, if you don’t have the skills needed, you will wind up either losing money or losing the transaction.Anyone who is successful in sales will tell you that as the saying goes, “You have to know when to hold em’ and when to fold em.”

Click Here for Class Information

Do Kentucky real estate agents need to use a smart-phone?

Todd — Thu, 06 Sep 2007 18:24:46 +0000

Here’s a pretty good video discussion on the positives and negatives of smartphones. More real estate agents are now selecting and purchasing smart-phones, but before you buy anything make sure you check with your local MLS because sometimes you’ll need a certain model/brand in order to open lock-boxes or to access MLS data. In most cases the newest smart-phones (I.e. Apple I-Phone) would not be a good choice for real estate agents because it’s not compatible with most MLS systems. The older smart-phones (Palm/Treo) would likely be more compatible, but they don’t necessarily contain the newest and coolest features. I guess you can’t have everything!

Why online Kentucky real estate classes are better than attending real estate school in the “classroom”!

Todd — Fri, 17 Aug 2007 23:46:04 +0000

Okay, I admit that I’m a little biased towards online since I created the first online 96 hour Kentucky real estate class ever approved by the Kentucky Real Estate Commission, but facts are facts. In the spirit of David Letterman, I’ve included 10 reasons why attending real estate school “online” is better than going to the boring “classroom”. There can be no disputing the following:10- It’s less Expensive- Our entire Kentucky online real estate course is lower and tuition includes a textbook and study material. You also likely save $100′s on gas, and you’ll miss out on overpriced drinks and snacks from the vending machines. 9- It’s easier to Schedule- With an online class, you don’t have to rearrange your schedule to fit into the classes. You attend whenever you want. 8- It’s easier to Review- If you attend class in the classroom, if you don’t hear something, you can stop the instructor and ask them to repeat it, but you can’t go back and review everything they said whenever you want. With an online course you can review anything you want at anytime. 7- It’s not as Intimidating to ask a Question- A lot of people are afraid to ask questions in the classroom. In an online class, you just send an email or call your instructor directly so there’s no possibility of someone else making fun of your question. 6- Every Student is Equal- In most classrooms, one or two students might try to take over the class or always have comments about everything. You’ve probably seen the situation I’m describing. In an online setting, everyone has access to posting information in the forums so there’s not one or two people who dominate the discussion. 5- It’s Friendlier for the Environment- You can print out whatever you want in an online course, but everything is also available online so you choose what you need to take with you in “paper form.” With an “in class” class, most schools print out volumes of paperwork (everyone gets every handout) whether a student wants or needs it. 4- It Makes you more Comfortable on the Computer- Let’s face it. Everything today is computerized including several tasks that buyers or sellers will want you to handle for them. The more comfortable you are on the computer, the more you can get things accomplished in a short period of time. Our online course has been the first serious computer exposure for several of our former students and now they are better prepared to use the web and software programs to help fulfill their clients needs. 3- Passing Rates are Higher on the Real Estate Exam-According to ARELLO (Association of Real Estate License Law Officials), online students scored 22% higher on real estate exams than their “classroom”counterparts. 2- You can Finish the Course Without Waiting- In most areas, you’d have to wait for real estate classes to start and then you’d have to attend either during the day or at night. Sometimes it takes months to finish particularly if you have to miss class and wait for another class to begin so your can ”make up” time. With an online class, you can start today and finish in as little as 12 days assuming you worked all day on the class and you finished all the required activities. If something comes up and you need to take off, you don’t have to work around it because you can start the class back up whenever you want. If you need more time, you have six months to complete the class from when you begin. Where else can you get this flexibility? 1- You Don’t have to Quit Work or Take Vacation Time- If you had to take off work to attend real estate classes, your employee would ask why you needed the time off. We have several students who don’t want their current employer to know what they’re doing until after the class is over. One of the only ways to accomplish that is take the class online. It’s available 24/7 so it’s easy to go to class before or after you finish work so unless you tell them, your employee will probably never know what you’re doing in your spare time.

Todd (Renegade) Thornton.

If you’d like more information about our online pre-license course, click here.

When should I start looking for a Kentucky real estate broker?

Todd — Tue, 31 Jul 2007 15:37:09 +0000

Kentucky real estate license law requires that all new agents work for a licensed broker in Kentucky for a period of time (normally two years) before the agent could obtain a broker license and open up their own real estate firm/brokerage. You might be wondering when you should start looking for a broker. Should you do this before, during, or after your Kentucky real estate pre-license course? It’s really a matter of your individual preference.

First a little background. We (all real estate schools) are prohibited by law from recruiting for specific brokers, but you can contact all your local brokers and speak to them directly. If you want the brokers to send you information, chances are that most brokers don’t have readily available material to send you. (They should but they don’t)

In most cases, if they are actively hiring new agents they’d rather schedule a face to face appointment (interview) over sending out material. If the broker is not currently hiring, they’d likely tell you that over the phone and you could cross them off your list.

The decision to bring you on board is a mutual one. They don’t have to accept you and you don’t have to accept their offer. In a best case scenario, you’d have multiple brokers who wanted you to come to their office so you could pick and choose the creme of the crop based on which you believed provided the best resources/fit for what you want to accomplish.

Some students want to focus on the real estate class and then the PSI Exams Kentucky license exam before they start contacting brokers while others want to already know where they’ll go to work when they take the exam. There’s no right or wrong answer, but I normally suggest doing what’s best based on your schedule. If you don’t have a lot of time with your current job and taking classes, then you might wait. If you do have time to schedule some appointments, then go ahead and meet with a few brokers while you’re in class. Every person that passes the Kentucky real estate exam has 60 days to decide where they want to place their license so you’ll have time after the exam if you need it.

Todd (Renegade) Thornton