Real Estate License vs Mortgage Broker
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- Опубликовано: 8 сен 2024
- Real Estate License vs Mortgage Broker
www.gobcreales...
GOBC Real Estate offers a 10-week course with four months of Unlimited online access-everything you need to pass your exam successfully!
Inside GOBC course you will find:
-GOBC Tips & Tricks
• A step-by-step GOBC Study Strategy Plan
• Guidance with the CELPIP English test
• Guidance submitting the UBC Assignments
• Secret shortcuts on how to finish the course in the fastest possible way
Part 1: Law & Math GOBC Simplified Study Module
• Weekly blueprint to follow
• 100+ videos organized and simplified for you
• Cheatsheets per every chapter
• Practice quizzes with rationales/solutions for each question
• Midterms to periodically test your understanding
• Flashcards with must-know definitions
• Dedicated customer support (Mon to Fri)
Part 2: Practice Mock Exams
• The mistake-free process to evaluate if you are ready for UBC exam
• Updated Mock Exams to test your knowledge and let you know when you are ready for your final exam
• Secret Tips about UBC Exams to help you know when is good/not a good time to go
Part 3: After You Pass Exam Help
• Guidance and help with the following steps after you pass your exam
• Connection with Top Brokerages and Teams all over BC
• Exclusive Promos and Discounts as a GOBC Student
You will learn the difference between being a Real Estate Agent and a Mortgage Broker and how to get a real estate license.
How to Become a Real Estate Agent in BC
How to Become a Mortgage Broker in BC
How to Become a Rental Property Manager in BC
How to Become a Strata Manager in BC
"In the process of 20+ years, we've learned every trick UBC uses to fail students. We’d like to share GOBC key secrets and mistakes you must avoid so you can pass your exam in a matter of weeks" - GOBC
FREE 3 DAYS REAL ESTATE TRAINING ► www.gobcreales...
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CONNECT WITH GOBC
Tel ► 604-239-3575
Website ► www.gobcreales...
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The information on this RUclips Channel and the resources available are for educational and informational purposes only.
Im currently studying nursing, but now Im really interested to be an agent but dont know how to start. Ill binge on your videos today while we are on school vacation, thank you for these resources
So funny I just got my nursing license a year ago but am looking in to these options because I really want to work for myself
I quit my job in August. I am always interest in real estate and mortgage. So I took online classes for RE and NMLO and passed both. I can’t decide which field to go or both and this video really helpful! Thanks a lot
What did you decide
I’m a realtor
@@mangobeanie9114 can I ask, how it is? Are you enjoying it- is it as tough as everyone says? Thank you!
yes I enjoyed and liked it. Did pretty good so far! Are you interest to be a realtor? What state are you in?
@@mangobeanie9114 thanks for asking! Yes, I’m super interested! I’m living in arizona but willing to move anywhere- where are you?
I love the vibes here. So clear with information but shows care as well. I hope to come across like this in my professional life.
i love her already a minute in
She’s the best!!
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Found really interesting the idea of getting the Mortgage License instead of the Real Estate one.
It's all about life balance.
I'll contact you guys as soon as I'm ready to get it.
Thanks for this video.
for sure! its way less hassle and running around, I call it a " Pajama job" :) you can do it anywhere and get paid
Have you got it yet?
@@hussainibnmuhammad not yet.
@@guillermocharafedinhow bout now?
Exactly what I needed to hear!
Thank you!
im being tranied on both real estate and mortgage buy a guy that i personally know and im 16 years old and im being trained untill i get a job ethier in real estate and mortgage broker the guy i know said i can either be a deleveloper , estate agent , mortgage broker or i can do all he does all of them but i would stick with estate agent and mortgage broker but with real estate its such a fun job me and the guy that i know is checking out properties and meeting clients real estate is such a fun and enjoyable job i dont get paid now but im being trained untill i start as a full time estate agent
How many little fish 🐟 do you have to catch to make up for the big fish
Yaana, thanks for sharing the information. Great video. Can one person have both mortgage and real estate licences?
Definitely, just watch for your local regulations!
Or you could do both👀
That is exactly what im trying to do in 2021 😀
@@jamalthecreatorr goes it going? Which do you prefer? Which will make me filthy rich?
@@rular888 i live in toronto where housing and condo prices are more expensive. So i completed my full first year in the business in November 2021. I made i a little over 130k after commission splits with my brokrage, as a real estate agent. Then as a mortgage agent i made 50k in the year. You could definitely make more as a real estate agent than as a mortgage agent, but its good to do both because you make more money on a transaction and because some mortgage brokerages have salary pay ( while being a real estate agent is %100 commission pay ). I found it faster to get a mortgage license then my real estate license too. I also had a few friends make way more then 130k as a real estate agent in there first year. So in conclusion real estate agent make more but if you want to be as filthy rich as possible do both 😂🤑
Hi, thanks for your good information’s ,
I'm licensed as Personal Insurance agent (life , sickness , travel insurance & Financial planning Advisor ) but still thinking of adding even real estate or mortgage license , but really not sure which one’s legally has conflict to have with my insurance license, and which one fit better . I’ll be grateful if you may give me a guide .
Thank you
same problem
What’s the first step to be a mortgage broker? What school to go to? How do we become a licensed mortgage broker? Can you provide info about this?
Good to know. Thanks for sharing - future Real Estate Agent
Great information, thanks!
❤it you still look good i came to one of your calasses Johnathan McGinnis you said i reminded you of an old friend of yours.
We are planning to move Canada this was helpful
Hii Mam
I am from India and I work in the Mortgage Department in India
.Now I work in the Mortgage Department in Canada. Please tell me what I need to do to do a job in Canada.
I am a licensed General Insurance agent; I am thinking to get my mortgage license and I was wondering can I still hold my general insurance license while doing mortgages. I do have connections through my Insurance license so If I got my mortgage license can I still be able to do both
Real estate agents also have to split their commission with their brokerage so they don't get that whole amount they probably get somewhere between 65% and 75% of that commission and then of course they have to pay taxes as well
So do brokers.
@@ag2295 Way less fees as a broker
Taking my Real Estate course right now and planning to do Mortgage Broker after i get into realtor
Same here 😂
I would take your time. It’s hard to do both. Master one first.
My agents are licensed as both a Realtor and MLO. We earn more than 1% on the loan origiantion. She is referring to the Origination fee of 1% - must not be in California.
Which career do u prefer in today’s world of 2021.. isn’t real estate market over fill with agents.. pls advice!!
I'm a loan officer and I don't like the finance side of it too much
@@gavinarredondo4003 hey may I ask why?
@@t.williamgiaquinta1421 realtor side is more fun for me.
Being a lender requires you kissing up to realtors 24/7 for their clients. Also being on call and the in depth you have to.go.for.being a lender is too.much for.me
@@gavinarredondo4003 gotcha thanks for answering just accepted a job at a company called loan steady and they are paying for my training I am studying for my NMLS Exam and getting into this industry because I want to provide more for my family any advice You have have to pass the first time I was only given 14 days before the exam and I just finished my 20 hour mandatory sessions
@@t.williamgiaquinta1421 good luck on passing your first time. The test is very hard , I passed tbe second time by 1 percent.
It is a good industry but it takes a while to see any more and the work life balance sucks.
I am also a self generating LO
Respect your advise and wanna connect to you
I have Question if you live in Ontario and you have real estate license can you change that to BC license if you move to BC
Great informative video!
Thank you!
Your accent is so charming! I'm wondering where it comes from?
Expeditetools,com helped me out financially .ALl thanks to em i got a transfer of $50,000 directly to my bank account .
Yaana is Ukrainian, BUT if you ask her, she will say Russian :)
hey loves your video .can in have both license ?
Can you rent property and sell real estate at the same time in BC? As a first time student - I'm struggling to choose between real estate and property management as my first license to study. Do people just take both of them? Can we even do that?
you can do both you just have to schedule your time
Gotta love big fish 🦈
What is the requirement to join mortgage course in Canada
Do you pay the office if you don't have any sale? And can you do this real estate on part-time basis only?
Very informative. Thank you
Very welcome
Good info.
Hi quick question.
Banks pays better than brokerage to mortgage agents commission wise????
I m little confused about it... please can you clarify. Thanks
Banks pay a salary and you get a monthly bonus. I’m not sure how a brokerage firm works though.
we cant do both?
Helpful video
Would you be kind and give recommendation in NJ ! Real estate 🙏
Great advise, thanks for sharing. In case if you have your network in GTA, would be happy to connect.
yes for sure! we are bringing our real estate training in a few month to Ontario! That should be fun 😀
@@GOBCRealEstateSchoolOfficial are you available in Ontario now?? please let me know I am looking into getting licensed and I would very much like to do it using your help I love all of your informative videos. I am learning a lot
Awesome video. Which one has a larger earning potential?
I currently have a medium sized team and we are on our way to sell 70+ homes this year. Been at this for 6 years now as an agent and started my team in 2018. But the expenses to operate are high! I also haven’t been on a vacation in years lol.
Hope to hear back from you.
Hey are you from canada??
Can I join
I have my insurance license p and c and health plan on doing mortgage and real estate. What classes do you recommend for mortgage broker ? In texas
.
hey bro hows the insurance license ? i was thinking of getting it
Hey sab im also getting insurance i was wondering how was it was it good, did it make u any money. Thank let me know.
Such a great video... Thank YOU!
Can you do both mortgage and real estate at the same time?
yes you can, We suggest to start with one license first and after you pass the exam, apply for your second one. This way will be cheaper and faster
I'm in Ontario Mississauga seriously thinking of getting into mortgage brokering I look forwards to catching some 🐟
I am in mississauga too, Did you start? if so please let me know how is it going so far, I am considering mortgage brokering or getting the real state license and haven't decided yet.
@@crazyrayoom5186 Hi, I am gonna ask you the same question, did you start and if you did how's it going for you?
I am taking the mortgage agent course in Toronto but a little bit hesitant because of things I've been hearing about the failure rate in this industry.
CC. In
C.
i have even more questions after watching this lol fml
Yaana...so love you.
which career did you start with and which one do you currently work in Yaana?
i started with real estate for the first ten years and then switched to mortgage license. Mortgage is a pyjama job :), no running around, work from home, passive income...My whole family is in real estate, even my son who is 18 now getting his license. You learn lots about investing when you get into the business that creates passive income for you so you dont have to work :)
@@GOBCRealEstateSchoolOfficial How old were you when you started real estate?
Whet education requirements do you need to get your mortgage license I’ll already a real estate agent
if you live in BC, you just need to register with UBC for a supplemental mortgage course, your exam will be shorter and fewer assignments to submit. No special requirements, just another exam. You can have both active licenses at the same time.
@@GOBCRealEstateSchoolOfficial no I live in New York
Hi, I'm interested in becoming a real estate agent in BC. Currently I'm doing my MBA in Vancouver. I have a question in real estate there are two programs offered by UBC one Real estate TRADING SERVICE and other one is RENTAL PROPERTY MANAGEMENT SERVICES.
What's the difference between these two? And which one do you suggest for a starter?
Please answer my questions and thank you!!!
both are two very different licenses. Real Estate is my favorite as it opens so many opportunities for you to learn from the inside of the industry, everything about investing and cash flows. Very high commissions also. Plus we have tons of great connections all over BC for you guys with Top teams and Mentors.
Rental property management license is to work with rentals properties. It will keep you busy and creates passive income.
@@GOBCRealEstateSchoolOfficial Thank you very much for the response. I have few more quires. Could you please provide me your Email ID or WhatsApp no. Since i am abroad right now i cannot visit your office and discuss directly.
Regards.
How to combine these two businesses?)
this is a very common combination in real estate. It is NOT a conflict of interest to help the same client to buy a house and help him with the financing :)
Yaana
Can a mortgage broker have clients in other provinces?
Unless you co-broker with an agent in another province you can only work with clients in the province you live in and are licensed in
@@Cutlerypotato Can a broker be licensed simultaneously in multiple provinces?
@@GusgusA1 I don't think so, you can only work for one brokerage at a time.
Maybe if your brokerage operates in multiple provinces but I believe you must reside in the province where you hold your license
Hi! Is there any email address to connect? Cheers!
If I had great credit can I get a Mortgage loan with fake documents? I'm dead ass serious
Thanks for sharing this Valuable information. I personally use "AMA Finance brokers" service in Australia.
Beautiful lady yanosh
....mortgage is easeir and make 1% of the deal? - Hell no. you are competing with banks/monoline lenders/other mortgage brokers - not as much effort? you don't make 1% of the deal really. usually you make 0.5% and you also need to pay brokerage firm/referal fees/other expenses so basically you make about 0.25% of the deal.
same schedule? Yes and no. banks are closed saturdays and sundays, but mortgage broker still work over the weekend.
Hi, I'd like to have more info. How can we get in contact?
How can you NOT pronounce “hundred” 🤣🤣
Is this in the USA?
this is in Canada :)