As a real estate agent, you have a variety of legal responsibilities to your clients, which are known as fiduciary duties. One of those responsibilities is ensuring that you properly represent your clients by agreeing to an agency relationship.  What Is an Agency Relationship?  An agency relationship is typically formed when the agent and their client sign an agency disclosure or agreement form. However, some states allow verbal agreements.  The agreement or disclosure states that the agent is acting on behalf of and in the best interest of the client. This includes keeping the ..read more

There are many reasons to begin a career in real estate, from the job’s flexible schedule to the ability to be your own boss. If you’re considering launching a new career in real estate, you might also be wondering what your earning potential will be as an agent.  The answer is complicated. Real estate can be an incredibly lucrative career path, but the amount you can expect to earn varies widely based on factors such as where you live, how long you’ve been working in the field, and how many transactions you’re involved in each year.  According to ZipRecruiter, the average U.S. real ..read more

Once you’ve decided real estate is the career for you, your first challenge is passing your state’s real estate exam. Not only is it possible to pass this exam with flying colors, but passing your real estate exam first time comes down to one vital element: the way you approach exam prep.  Here are four things you need to know about studying for (and passing) your real estate exam so you can move on to serving the real estate needs of your community: Understand Your State’s Testing RequirementsEvery state has different requirements regarding testing requirements. Passing the real estate e ..read more

Congratulations, you passed your exam! All of that studying paid off and you reached your goal. So now what? How do you use the 30 days as a real estate agent following your exam to set yourself up for success?  Seek Out Brokers In Your AreaOnce you have the required certifications, your first order of business should be to look for brokerages in your area. Think of a broker as your mentor and your boss; a way to learn the ropes of real estate from those who have been in the business for a while. Questions to ask when looking for your first brokerage include:  What are your commissi ..read more

The CE Shop (backed by Waud Capital Partners), a leading provider of real estate education, has acquired Mbition Real Estate, American Home Inspectors Training (AHIT), and Stringham Schools. With this investment, The CE Shop is expanding its existing offering of education for real estate agents, brokers, and mortgage loan originators, and will now additionally serve home inspectors and home appraisers with their superior online learning system. This deal also brings a significant textbook and ebook publishing component under The CE Shop for the first time. “We’re thrilled to welcome Mbition, A ..read more

If you want the short answer: it’s no. But if that is the case, why are so many new investors signing up for real estate classes and earning their licenses before doing anything else? Here are a few reasons: Access to the MLSWhile it’s definitely possible to find investment properties through wholesalers, driving through neighborhoods looking for ‘For Sale’ signs, and connections through family and friends, the MLS is an invaluable resource. Getting your real estate license means you have access to this extensive database, allowing you to not only find investment properties, but also list them ..read more

The internet has made it possible for everyone to learn more and do more and has even made it easier for people to change careers. Many professionals take advantage of the flexibility and convenience of online courses to help them prepare for a new job or pursue a career in real estate! But, are online real estate courses right for you? How can you be sure that online courses and classes will prepare you for your licensing exam, or if you’ll be given the tools and resources to adequately prepare for your real estate exam? If you’re not sure whether or not online real estate courses are for you ..read more

Mbition is excited to announce our newest real estate exam prep tool for real estate licensing students! This intelligent new learning tool delivers individualized feedback as you progress through PSI National Exam Prep practice questions. It identifies individual topic strengths and areas of improvement, with customized results so you can be confident on state exam day! Unlike other options available, Exam Prep Plus delivers more than just a single readiness score. This tool allows you to: Engage with test content in many flexible ways, making it perfect for all learning styles Access tons o ..read more

The first step to becoming a real estate agent is passing a series of tests and earning your real estate license. Every state is different when it comes to pre-license education, so you must meet those requirements first. When it is time to start studying for your real estate license exam, there are a few things you can do to retain the information, stay organized, and pass your test. Here are some of our best real estate exam study tips for online students: Use an Exam Prep ToolHere at Mbition, we offer state and national real estate exam prep practice tests and tools for students. You can ad ..read more