I broke an arrow with my throat today with T. Harv Eker!

[equilat]

tks bro.

[shazamnick]

I'm also a licensed property agent i intend to invest in 2nd property when my MOP is up in 2013, that's why i went for the course to understand the industry better. I think its a worthwhile investment as i spent about $2k+ in total to get the license, as compare to hundreds of thousands that I going to invest in property..

i joined under one of my old school mates but sad to say he is not very ethical. he has tons of undertable methods of doing thing but that is not what I want to learn from..anyway it helps to open my eyes wider. i'm quite inactive actually but will keep this option open..afterall this is like owning a business, and its based on commission and not fixed salary

Hi stanlee san,

I too have intention to join as a property agent not for the purpose of earning commission but to gain more knowledge and access to their data for my next property buy. Why is it that you need to spend $2k + to get the licence, i thought all these will be sponsored by the company? tks

nick

[Dennis Ng]

I'm also a licensed property agent i intend to invest in 2nd property when my MOP is up in 2013, that's why i went for the course to understand the industry better. I think its a worthwhile investment as i spent about $2k+ in total to get the license, as compare to hundreds of thousands that I going to invest in property..

i joined under one of my old school mates but sad to say he is not very ethical. he has tons of undertable methods of doing thing but that is not what I want to learn from..anyway it helps to open my eyes wider. i'm quite inactive actually but will keep this option open..afterall this is like owning a business, and its based on commission and not fixed salary

Hi stanlee san,

I too have intention to join as a property agent not for the purpose of earning commission but to gain more knowledge and access to their data for my next property buy. Why is it that you need to spend $2k + to get the licence, i thought all these will be sponsored by the company? tks

nick

Hi all,
only the average person would think about "DIY" (Do It Yourself).

The Rich do NOT think about doing things themselves.

They always Leverage. Leverage on Other People's Expertise.

For properties, leverage on knowledge and experience of Property Agents. (There are ethical property agents out there). Even if you take exams, pass it and learn, how much do you know? How can that compare to an experienced Property Agent?

Frankly, I will NOT bother to think about what you guys plan to do.

Time is MORE than money. Time saved by NOT learning/doing things yourself, can be better utilised in something you're Good at and Passionate About.

Looks like many of you still do NOT grasp this concept of Leverage, despite me covering it in "How to Save and Accumulate One Million Dollars Seminar".

If you want to get Rich, learn from the Rich. The Rich always Leverage whenever and wherever and whoever they can.

[stanlee]

I'm also a licensed property agent i intend to invest in 2nd property when my MOP is up in 2013, that's why i went for the course to understand the industry better. I think its a worthwhile investment as i spent about $2k+ in total to get the license, as compare to hundreds of thousands that I going to invest in property..

i joined under one of my old school mates but sad to say he is not very ethical. he has tons of undertable methods of doing thing but that is not what I want to learn from..anyway it helps to open my eyes wider. i'm quite inactive actually but will keep this option open..afterall this is like owning a business, and its based on commission and not fixed salary

Hi stanlee san,

I too have intention to join as a property agent not for the purpose of earning commission but to gain more knowledge and access to their data for my next property buy. Why is it that you need to spend $2k + to get the licence, i thought all these will be sponsored by the company? tks

nick

Hi nick san,

nope my company (era) did not pay anything for me, they will only give incentives and rewards like refund you the course fee if you can manage to close certain number of deals in a timeframe. i thk same applies to other agencies as well. i cant remember the exact amount but it includes course fee (less than 1k), exam (few hundreds), license fee (about $200,per yr basis pay to govt).

besides the cost, you need to spend quite some time in attending the course and study to pass the exam.

hope it answer your question. btw have you attended Dennis property seminar, if purely for knowledge and investment purpose i thk it is much better choice than go through the agent course. bcos some of the topics are quite dry and maninly procedural training..in fact if i attended Dennis seminar earlier, i might not take up the course at all..

[candy_chia]

Agree with Dennis, passing CEHA or CES exam doesn't mean you are as knowledgeable like experienced property agents especially those who specialised in a particular segments.

The buyer's agent for my previous 3-room flat, is a top-producer in his company, didn't expect he knows nuts about hdb resale flat matter. Later, I found out that he specialises in retail or office rental.

He didn't draw up financial plan for his buyers nor advises his buyers to apply for hdb resale loan approval before searching for a flat.

The buyers could have forfeited their $1k option fee as the hdb loan was only approved on the 16th days after they sign the option. We "chin chai" and re-sign the option without asking for another $1k option fee.

Moreover, the buyer's agent advised his buyers to exercise the option and paid $4k cash on 12th days of option period when the hdb loan approved is not granted. Luckily, I check with hdb resale hotline, else, the hdb resale transaction will be aborted as it is not valid and buyers will lose their $1k option fee.

Buyers told us when we re-sign the option that they didn't know they can actually afford higher loan that would qualify them to purchase a 4-room flat as their combined salary exceed $8k household limit by $20! Now, they have to squeeze in a 3-room flat with their parents, all thanks to this proud agent who can't be bother to check out the hdb resale procedures with his seniors!

Hi all,
only the average person would think about "DIY" (Do It Yourself).

The Rich do NOT think about doing things themselves.

They always Leverage. Leverage on Other People's Expertise.

For properties, leverage on knowledge and experience of Property Agents. (There are ethical property agents out there). Even if you take exams, pass it and learn, how much do you know? How can that compare to an experienced Property Agent?