And, of the ten homes sold in the neighborhood since 2008, NOTHING had sold for more than $436K. Learning to make money selling homes is a process. They are well aware of the market conditions in the past five years.The competition is growing steadily if you're planning to become a real estate agent. Tips and advice that can help you along the way are invaluable to your process. Any complete list of real estate agent tips must include the mantra that first and foremost you are the business. Real estate agents are independent commissioned sales people. That means you must run your practice as a businessperson before anything else.The real estate agent is knowledgeable and will be able to help you with the whole process of buying and selling. He will also be able to answer all your questions and stay with you till you finish the deal. The process will need his expertise. There will definitely be a lot of paperwork to be done. There will be many legal documents to fill up and he will be able to do it legally and properly.So how do you get started wholesaling real estate? The first step of the process is getting set up. You'll need to put together your team. Find a good REO realtor, Birddogs, inspector, escrow company, loan officer, and attorney. Every state has different laws when it comes to real estate so getting in touch with your local Real Estate Investor Association (REIA) is a good idea to help you out and tap into everything you need in order to make things move smoothly when you get a deal set up.Most of the people do the real estate deals once in their lifetime. They hardly go for any another real-estate deals after that. Hence, most of them do not have the right knowledge about the real estate. That is why they need the estate-agents and the attorneys. It is true that the busiest member of the team is the real estate agent. However, you cannot really discard the real estate attorney. In fact, you are looking at the deadly combination of the estate agent and the estate attorneys.What's your fee? The seller will pay the buyer's broker with the money you invested for the home, usually three% of the final gross sales price. In some circumstances the buyer's agent will refund a portion of this fee.If you worry about the legal issues then go ahead and do some research. Look into the laws about it in your state. You should be able to find out what it takes to make a probate real estate sale legal.Real estate is not a good or bad investment - it can be all of the above. The point of the article is that people misrepresent what actually happens in real estate by leaving out selected information. It is usually losses and monthly expenses that are ignored in favour of the big gain made on the price. All aspects of the investment need to kept together to find out if it is really worth it for you to buy real estate.Read local blogs when it comes to investing in real estate. I learned for them many strategies to get rich, this one is one of the best. You also need to check on their charges, if there is any. The first meeting should always be in their office.