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Latest News2021-06-16T13:14:40+00:00

Here’s How to Find the Right Office Location

In business, every little detail matters, here’s how to find the right office location for your real estate office. Whether it’s the color of your logo or the location of your office, if you make the wrong judgment, reaching your goals might become significantly more challenging. Because of this, no decision regarding your business should be made lightly. This is even more true in real estate since your success will depend on the influx of qualified real estate agents and determined clients. Again, this is where location is essential. However, choosing the right one can be somewhat daunting, especially if you are […]

June 29th, 2021|

For More Than 35 Years

For more than 35 years, Manfred Real Estate Learning Center has been providing the education you need to get ahead. Consequently, in today’s complex real estate industry. Our mission is to provide a high-quality educational experience. Most importantly, for all real estate professionals in licensing and continuing education courses. Our focus for New York is the Real Estate Salesperson, Broker, Appraisers, Home Inspectors, Mortgage Loan Originators, and Assessors.

As a result, we’ve taken The Manfred Experience in real estate training to a wider audience of students. For example, we now have serving cities across New York State, including: Albany, Buffalo, Ithaca, Rochester, Utica, Lake George, Queensbury, Glens Falls, Saratoga Springs, Syracuse, […]

June 23rd, 2021|

Opportunities in the Appraisal Industry

It’s a good time to become a real estate appraiser! For a variety of reasons. Trained and certified appraisers are in higher demand than ever before. According to the Appraisal Institute. The number of licensed professional appraisers in the U.S. has declined each year for at least the past five years. Many professionals currently in the business are nearing retirement age. Which signals an even greater need for new blood. In turn, means more opportunities in the appraisal industry.

Additionally, some real estate appraisers have left the “field” for in-house appraisal positions in banks and appraisal management companies. Some have stopped doing Appraisal Management (AMC) work altogether. Thus, there is a […]

June 15th, 2021|

What Every Real Estate Professional Needs to Know in 2021 and Beyond

Significant changes have taken place in the real estate market. What every real estate professional needs to know in 2021 and beyond. Therefore, every salesperson, broker, appraiser, mortgage loan originator and home inspector needs to know these present and future trends. In conclusion, being open to changing and adjusting to their market as well as giving them the tools to look beyond 2021 for additional signs of real estate trends.

Identify the Key Players

Identifying the players in the real estate market is very important in any market. Especially in Florida and other major cities in the Northeast including Pennsylvania, New York. Understanding […]

June 4th, 2021|

More Than Choosing the Right Broker

We see many students come through our school, many already have a sponsoring Broker and other’s do not. We recommend those who do not, talk to as many as you can before you make the decision, in fact this should be the least of your worries while contemplating this new career in Real Estate? There is way more than choosing the right Broker.

One of the first things you need to realize when getting into real estate, you are not starting a new job. You are starting a new business.  There is a big difference!

You do not get paid unless a house gets sold

You may go months with out seeing a […]

May 23rd, 2021|

Qualities To Watch Out For Hiring A Real Estate Professional

Successful real estate professionals possess a crucial mix of qualities that seemingly have little to do with each other. What drives a salesperson (self-motivation, goal setting) and a marketing professional (creativity, a love of language and imagery) are often disparate. These talents often divide people into disparate professions, but a visionary real estate agent must possess all these skills. If you are looking to boost sales and add an enigmatic member of your team, is there a way to assess a candidate’s probability of success by simply looking at a resume and asking the right questions at an interview? What are the best qualities to watch out for hiring a […]

May 15th, 2021|

Commercial vs Residential Real Estate

Broadly speaking, real estate consists of two major branches: Commercial vs Residential Real Estate. On the surface, these two branches don’t look the same. Residential properties include both resale and new homes. This includes single-family homes, townhouses, vacation homes, investment properties, manufactured homes, and condominiums. Commercial includes shopping centers, medical and educational buildings, hotels, offices, and apartment buildings. What is the difference between Commercial and Residential Real Estate.

It’s not only structural and physical differences that separate commercial and residential. There are other aspects that further set the two apart when selling either type of real estate.

1. Purchasing Factors

Buying and selling real estate can be emotional. Home buyers make their decisions […]

May 2nd, 2021|

Regret Letting Your Real Estate License Expire

If you have let your license expire, you are not alone! Firstly, the Manfred School has been a source of education and guidance for many people who have allowed their license to expire over the years.
For instance, there are so many different reasons why licenses expire. Most importantly, there are even more reasons to get back in the game, especially now! Regret Letting Your Real Estate License Expire. We understand, life happens!

Why Is This a Great Time to Get Your License Back?

Despite the corona-virus crisis, the headlines in the news continue to point to a healthy and thriving real estate market. In other words, there will always be people […]

April 10th, 2021|

5 Challenges to a Career in Real Estate

Although negotiations, social interactions and appearances are in fact part of the job, real estate is much more than this. Here are 5 challenges to a career in real estate. If your idea of the this  industry comes from watching shows on HGTV than you must know these 5 challenges in starting a new career in real estate.

  1. Challenges

85% of agents run out of money their first year.  This is because they did not do a thorough evaluation of their finances prior to starting their new business.  They did not create a sufficient “nest egg” or savings to cover life expenses while their business grows.  Running out […]

March 27th, 2021|

Successful Traits of an Agent

“Do I have what it takes to become a successful real estate agent?” That is an excellent question to explore before you invest time and money into your new career. Most importantly, here are successful traits of an agent, do you have what it takes?

You Need to be a People-Person

For instance, real estate is not about selling or buying houses, it’s all about building relationships. People do business with people they know, like and trust. Above all, nobody cares what you know until they know that you care. This is the first successful trait of an agent that cannot be understood.

Business is Patience

To clarify, you must be able to […]

March 13th, 2021|

How the Vehicle You Drive Impacts the Curb Appeal of Your Real Estate Business

As an agent, you know how crucial an appealing exterior is to leave a lasting impression on a potential buyer. The same idea can be applied to your business. Ignoring your business’s curb appeal, or how you present yourself and your services. Can drastically affect the impression you leave on your clients. How the vehicle you drive impacts the curb appeal of your real estate business. Read on to understand how the vehicle you drive can influence your success as a real estate agent.

Why is the vehicle you drive so important?

Taking all factors into account, the vehicle you drive is one of the most important. […]

January 2nd, 2021|

Staying Compliant: Continuing Education for Brokers and Salespeople

license and .Every two years, real estate salespeople and brokers are required to complete 22.5 hours of approved continuing education including at least 3 hours covering the topics of fair housing and/or discrimination and one hour of Law of Agency (two hours if it is the licensee’s first licensing cycle).  Beginning July 1, 2021 the Department of State will require that your 22.5 hours of continuing education will also include 2.5 hours of ethical business practices and at least 1 hour of recent legal matters governing the practice of real estate brokers and salespersons in New York.

Also notable is that the Department of State will no longer recognize the 15-year […]

December 7th, 2020|

5 Characteristics of a Sponsoring Broker

As a new Real Estate Salesperson, you will need to work under a “sponsoring broker.” Firstly, the brokerage you choose to align yourself with will be the foundation of your new business. Secondly, providing you with ongoing mentor-ship and the backing of it’s excellent community reputation. Here are 5 key characteristics of a good sponsoring broker, you should look for:

1. Commission Split

Most importantly, commission split percentages differ from broker to broker. Although this is important, remember not to base your entire decision off commission split. There are many other factors to consider. That being said, commission splits affect earning potential, making it an important factor. Make sure to be aware of […]

November 12th, 2020|

Essentially Starting your Own Business

How Much Does the Average Real Estate Salesperson Make in New York State?

According to careerexplorer.com, the average salary for a real estate agent in New York State is around $116,460 per year.  Obtaining your real estate license is quite quick and easy.  However, having a real estate license does not guarantee a high income.  Most importantly, as a salesperson, you are starting your Own business. Whether you make above or below the average salary will be entirely up to you.

Earning Potential is Directly Proportional to Dedication

Starting your Own Business has some distinct advantages like making your own schedule and not having to answer to a “boss.”  Getting into real estate means you […]

October 15th, 2020|

Opportunity is Everywhere All the Time

Opportunity is everywhere all the time. With unemployment rates reaching record levels across the U.S., it’s difficult to feel optimistic about job security and financial freedom. If you are afraid of losing your job (or were already let go), don’t worry, I know how you feel. Most importantly, Opportunity is everywhere all the time, if you can’t find it, create it. It is everywhere all the time.

Opportunity is Everywhere

Firstly, opportunity is everywhere.  Taking advantage of those opportunities means having a get-er-done mindset.  Go after them.  There is frequently little need to contemplate too much over the small opportunities. Besides, deciding to take advantage […]
September 4th, 2020|
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