How to become a Real Estate Entrepreneur – Using Grants
Real Estate Apprentice Grant your way to being a Real Estate Entrepreneur
Real Estate Apprentice Grant your way to being a Real Estate Entrepreneur
The real Estate apprenticeship grant is one of the few grants that actually offer financial assistance for people who seek profit. Usually, government awarded grants are provided only for non-profit individuals or institutions.
The program aims to improve the US real estate industry by providing education and training to people interested in pursuing real estate as a career. It awards grants every six months totaling to $1,000,000.
By assisting new real estate agents the grant aims to help these novices increase their sales by giving them guidance and training, as well as the stat-up cost, all to improve the real estate industry as well as to improve the individual.
What can this grant do for me?
Based on each type of grant each finalist awarded the grant receives an estimate of $7000 in the form of:
1. Compensation of your licensing fee as well as the provision to attend any class offered by RealtyU School for once year.
2. Unlimited online access to a real estate mentoring service as well as counseling calls from your mentor.
3. Software named Transaction Manager that can be automated to store data from every transaction for every deal you make. It automatically calculates and stores due-dates and is very good for easy data access and storage.
4. A free consultation from McLean International Consulting at your own office. They will give you advice on business system technology.
5. A marketing package which includes the designing of your own stationary, business cards, envelopes and letterheads, a custom brochure, printing and design of PowerKards as well as your very own web site.
6. A detailed demographic information system about neighborhoods in the country.
7. 20-30 real estate books.
8. The real estate Success Kit with a mortgage calculator and a Laser Dimension Master.
9. Free printing from Express Copy
10. A one-year subscription to visual tours to help you create visuals for online listings as well as train you for neighborhood tours.
11. You become a member of the Real Estate Cyberspace Society
12. A subscription to the online magazine Broker Agent News and the print magazine, National Real Estate.
Who are eligible for the grant?
U.S. or Canadian nationals are allowed to take part in the grant provided that they have already taken a pre-licensing course at an accredited Real Estate School. The school should be state or nationally accredited and the participant must have taken the class during the six-month grant application season. If however the applicant has already passed his/her licensing examination, he is eligible for the grant if he has passed for a license within the same six months of grant awarding season.
How do I apply?
Go to their website, http://www.realestateapprentice.com/apply.cfm and register as one of the applicants. The application form is electronic and you will be asked to enter personal information. However, you are only allowed 500 characters per question so answer it carefully and briefly.
What Criteria is used for this grant?
The questions on your application form aim to assess your communication skills, integrity, creativity, entrepreneurial spirit and uniqueness. Therefore your application form should contain as much of the talented you as it can.
The organizers who give it an initial grade, and then a panel of judges who are veterans first view the questions or otherwise well known in the industry are asked to judge each application form. These may range from industry leaders to sponsors of the grant.
15 judges one of them, the chairman of the panel, is appointed by the foundation. The chairman will then act as the coordinator for all judges as well as the judging process. The foundation only chooses the best and most experienced leaders in the industry and you are ensured that these people will be impartial.
Other things you should know.
* Always be ready with your proof of eligibility as the panel may request it.
* Finalists who are selected must be interviewed by the judges so prepare to look your best.
* It’s ok that you work for a real estate brokerage, but you may not work for a financial institution, insurance company or a title company on a full-time basis.
* The award isn’t tax-free
* If you do receive the grant, you will be required to show proof that you are indeed a licensed real estate agent.
· Once a finalist, you will be required to remain active as an agent.
Grants to Help the Single Female Parent
Being a single mom these days can be so tedious, generally statistics say that single moms are one of the most disadvantaged parties in the United States.
Believe it or not, single female parents:
* are rarely awarded spousal support, in it only occurs in 15% of divorce cases.
* who are actually awarded spousal support doesn’t get the support anyway. Statistics say that only 36% of the 15% of total women awarded with spousal support actually get this support.
* who are given spousal support rarely getting the whole amount; it’s usually less than half actually.
* suffer from a fall in their standard of living, after divorce, while a male’s standard of living actually increases by 15%.
And because of the recurring social stature of women, most single female parents are those that used to be homemakers, meaning they are jobless and have no experience as a worker whatsoever. This is a problem because they are dependent on their husbands for income, and once that income goes away, they are left with nothing.
There is one way to recover from such a blow, some women already have a start on tertiary education, and only need the money to finish it. Fortunately, the government offers various grants that target single moms who want to finish their education.
What is a grant?
A grant is usually a form of financial support that the federal government offers to certain eligible people. The government offers over 900 grants and out of these nine hundred there are a few grants targeted towards single mothers. The Catalog of Federal Domestic Assistance (CFDA) has a complete list of all the grants that may be applied for and this can be found at their website at www.cfda.gov.
If you’re one of the mothers who want to pursue higher education, it is best however to go to the financial aid office of your respective college or university. Usually, grants, especially scholarship funds have faculty representatives for each school who can assist students who are applying for grants.
Who is eligible for a grant?
Usually grants awarded by the US government are only for U.S. citizens. Aside from those criteria, each grant has its own set of eligibility rules. Some only cater to undergraduates, some only to juniors or sophomores, some only for Native Americans some only for Alaskans, and yet another some that target the course rather than the origin of the applicant. For example, there are a lot of grants that offer scholarships for outstanding students who are studying the sciences or tribal politics of Native Americans.
Why apply for a grant?
As a single female parent, furthering your education is one of the sure fire ways to find a living where you can earn more than minimum wage, sure minimum wage is ok if you’re single but if you have a child or children, it’ll be a lot harder to find time both for work and for childcare.
How to prepare for a grant application
1. Get the Catalog of Federal Domestic Assistance from the financial aid office of your college or university. You can also get the list from www.cfda.gov.
2. Study the grants that are applicable to you, not just the eligibility but also the application process and the purpose of the grant as well as the Government department giving it.
3. Ask yourself where are you going to apply? Does your application have to go through the school, does it have to go through the local government or can you send it directly?
4. These projects usually have assessment pages where they show previously or currently funded individuals or institutions, study these to find out your chances of getting the grant.
5. Know what types of paperwork are required note down everything you already have and everything that you still have to get.
6. Call the contact persons and ask to get an application kit.
7. After filling the kit don’t forget to include your grant proposal; most of the judgment is based on this piece of writing. It’ll help a lot if you attend or at least have read previous grant proposals.
8. Make sure to have the application in before the deadline.
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