Rhode Island real estate license hustle

Rhode Island- A full or part time real estate agent has the potential to earn an income significantly above any potential job could provide, let's break it down.

Job earning $25 per hour working 20 hours a week is 80 hours per month @ $2,000 gross income per month.

Sell one house at the medium price of a home in Rhode Island of $419,000 and a 6% commission equals $25,140.00 of which even if your portioned  earned was just 25% it would equal $6,285 gross to you. 

If you are going to invest the time why not do something that will provide a significant return on your time and effort.  And one of the best parts of having a Rhode Island real estate license is you can work as much or as little as you want.

There are many licensed Rhode Island real estate agents who practice part time and are earning more in some cases than they make at their full time job, of course results vary. See where a Rhode Island real estate license can take you.   

Real Estate Institute of Rhode Island

980 Reservoir Ave

Cranston, RI 02910

401-943-8500

info@instituteRI.com

www.InstituteRI.com 

 

Real estate licensing classes near me in Rhode Island

 Rhode Island- The Real Estate Institute Of Rhode Island offers state approved Rhode Island real estate licensing classes near me. Choose from day, night or weekend class schedules, enroll today and start classes immediately, no other real estate school offers students the ability to start anytime. For more information visit www.MyAgentLicense.com. 

 

Rhode Island real estate inventory gains

Warwick, RI- The Rhode Island real estate market continues to show increases in the median price of homes at $279,450, an increase of 3.5%.

Credit Rhode Island Realtor Association

At the same time, the number of homes coming on the market is increasing which according to Robert Scaralia Director for the Real Estate Institute Of Rhode Island is a positive sign. Over the last number of years, inventory has been at all-time lows which created an unbalanced market between buyers and sellers which caused home values to increase rapidly creating an affordability challenge in the market, Scaralia points out a balanced market creates a healthier more sustainable market for both buyers and sellers. One simple principle of is a property owner can sell their home for top dollar but if they need to buy a new home to replace the old they are now paying top dollar on the back end. Overall it remains a great time to buy and sell a home in Rhode Island when you take into account the added benefit of the current low-interest rates.  For more information contact a local real estate agent.





-The Real Estate Institute Of Rhode Island is a state-approved Real Estate School offering pre-licensing classes and advanced real estate studies for real estate professionals. For more information visit www.InstituteRI.com or contact the Administrative offices at 401-943-8500 or email info@InstituteRI.com.  Classrooms located at 22 Veterans Memorial Drive Warwick, RI 02886

A perfect Real Estate storm for Rhode Island

Rhode Island- With just 2497 single-family homes on the market in January.  Rhode Island had less than a three-month supply of listings in January, resulting in a single-family home market that significantly favored sellers. The low supply has resulted in lower sales numbers but home values have seen a 9% increase.

Rhode Island Real Estate Market 

According to Robert Scaralia Education Director for the Real Estate Insitute Of Rhode Island, anyone who has been thinking about selling now is the time to list their property.  The lack of competition in the marketplace is increasing property values so sellers are realizing greater returns. And, when buying their next home, they are taking advantage of the historically low-interest rates.

Scaralia noted that the median price rose 20 percent to $225,000 in the multifamily property sector and sales activity rose 3.6 percent year-over-year. Pending sales dropped 18 percent from the previous 12 months.

Condominium sales, the median sales price rose 15.6 percent from January of 2017, to $215,000.  Sales activity was at 11.5 percent while pending sales decreased 7.7 percent. Taking into account active properties for all categories of housing and the current level of demand plus the historically higher demand that comes with the spring and summer market it will create a perfect real estate storm in Rhode Island.  

For questions about buying or selling or advice on selecting a real estate professional contact: 

Robert Scaralia Education Director 

Real Estate Institute Of Rhode Island 

22 Veterans Memorial Drive

Warwick, RI 02886

401.943.8500

Info@InstituteRI.com 

Data and information provided by- Rhode Island Realtor Association and State-Wide Multiple Listing Service

Rhode Island real estate agents licensing.

Verify a Rhode Island real estate agent is licensed before you hire!
When listing, selling or renting in Rhode Island it's important to verify the agent is duly licensed, start by checking their credentials with the state licensing authority.

Hiring A Rhode Island Real Estate Professional

The Rhode Island Department of business regulations real estate division approves and authorizes real estate licensing in Rhode Island. Before you hire a real estate agent to represent you first verify they hold a valid real estate license. You can check to see if they hold a valid Rhode Island real estate license by checking the Rhode Island Department of Business Regulations list of authorized licensees.  All real estate agents in Rhode Island must complete a state-approved real estate pre-licensing course and pass a state exam which proves their knowledge of modern real estate principles and practices and understanding of Rhode Island real estate law.  All Licensees are required to complete a comprehensive state-approved pre-licensing course as administered by the Real Estate Insitute Of Rhode Island before providing real estate advocacy, counsel or advice in the buying, selling or renting of real property in Rhode Island.  

For more information about real estate service in Rhode Island

Real Estate Institute Of Rhode Island
22 Veterans Memorial Drive
Warwick, RI 02886
401-943-8500
Info@InsituteRI.com
www.InsituteRI.com