Are you considering becoming a real estate agent? Perhaps real estate is what you always wanted to do with your life, but did not think you were ready for. Or perhaps, like many other career opportunities, it's something that did not even cross your mind until recently. Regardless of your reason for wanting to become an agent, there are some things you should know about success and failure in the real estate industry before jumping in headfirst. 

Real estate agents fail because they don't do the basics right. They don't understand the process and they don't know how to execute it properly.

Here are some of the most common reasons real estate agents fail: 

They don't have a strategy. Agents need a plan for every single step of the process from…

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The importance of real estate brokers and agents cannot be overstated. For every buyer and seller, there are at least two people who hold a hand in the transaction — yourself as the client and all the other parties involved in selling and buying a home, including the real estate broker or agent. While many of us know about what goes into a typical transaction, it's important to understand how that process works from start to finish. 

1. You get a professional 

Real estate agents and brokers have been around for a long time, and they have the experience to handle all the details of your transaction. The best agents are trained to know what questions to ask and when to ask them, so you'll get a clear picture of what's happening with your…

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Becoming a successful real estate agent in Canada is a lot more than just having the right mindset. It takes a long-term plan, hard work and determination. If you are serious about making it in this industry, you need to put in the work. And that means knowing how to adapt your business to the evolving challenges of the real estate market. Here are five steps that will help guide you on your journey to becoming a successful agent in Canada:

1. Get the Right Education

The first step to becoming a successful real estate agent in Canada is to obtain a real estate license from the Real Estate Council of British Columbia, which is the provincial regulatory body for commercial and industrial property in British Columbia. You will need to complete a…

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If you're thinking about starting a real-estate investment portfolio, it's important to understand how taxes work in the United States. In this article, we'll cover what you need to know about real-estate investing taxes and how they can affect your bottom line.

We'll start by explaining how property taxes work in general, then talk about how they apply to rental properties. We'll also discuss the tax implications when selling your property and investing in new properties.

The Importance of Understanding Property Taxes

Property owners pay property taxes to local governments on their homes or commercial properties, such as office buildings or apartments. Property taxes are based on the assessed value of the property currently owned by the…

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