Connect with us

Business

5 Helpful Tips for Getting Started in Real Estate

mm

Published

on

Not everyone is cut out for a career in real estate. However, for those who want flexibility, freedom, high income earning potential, and the ability to perform meaningful work on a daily basis, real estate is the perfect landing spot. Here are a few helpful tips you can use to get started:

  • Attend Online Real Estate School

Before you start your career as a real estate agent in Dayton Ohio, you have to get licensed. And in order to obtain your license, you have to follow the steps outlined by your state’s real estate commission.

All states have nuances, but the general requirements are the same across the board. You’ll need to take a real estate license course to prepare yourself for the required exams. Thankfully, you can take your 75-hour course online. (Some states require lengthier courses, so do your research to find out what you need to do in order to sit for the exams.)

  • Pass Both Exams

The next step is to pass your exams. This includes both the state and national exam. 

The state portion of the test will evaluate your knowledge on specific regulations and laws in your state. Most state exams require you to answer 30 out of 40 questions correctly to pass.

The national exam is standardized. It covers a variety of topics, including fundamentals of real estate law, real estate contracts, agency law, appraisals, mortgages and finance, taxation, real estate mathematics, federal laws affecting real estate, etc. There are typically around 80 to 100 questions on this portion of the exam.

  • Find the Ideal Broker

Once you pass the exam and you have your license, you need to choose a broker. And this is where many new agents get tripped up.

“Too many new real estate agents think a real estate broker choice is primarily based on commission splits,” real estate professional James Kimmons writes. “It’s not all about the split, as the final in-your-pocket income has to do with many variable services provided by brokers.”

In addition to commission splits, you need to think about how you’ll obtain leads, what marketing and advertising expenses are covered, what the office costs are, mentoring and training, and your level of comfort with the broker (and other agents).

While a broker isn’t technically your boss, he or she can make or break your success early on in your real estate career. Take your time and choose wisely!

  • Build Your Network

Success in real estate is all about networking. While you might get lucky and find a broker who occasionally tosses you a lead or two, you’ll typically be responsible for bringing in all of your own clients. And the bigger your network the better.

Use every opportunity in your work and personal life as a networking opportunity. Whether it’s neighbors, friends, family, past work colleagues, or the parents of your child’s friends – the wider you cast your net, the more potential there is for success.

  • Wow Your Clients

Once you earn a client’s business, you need to do everything within your power to multiply it. And the way you do this is by wowing them to where they can’t help but refer you to their network of friends and family. But be strategic in how you do this.

“All too often, real estate agents try to impress their clients by using fancy terms or information which can end up making their clients feel uncomfortable,” Mashvisor mentions. “While it’s important to show that you’re knowledgeable and an expert in the real estate market, this alone is not enough. There are tons of other agents out there, so why should they pick you?” 

At the end of the day, it’s all about building trust and coming across as authentic. People want to do business with people who they perceive as both knowledgeable and caring. There are plenty of knowledgeable agents, so set yourself apart by adding a human touch.

Build Your Real Estate Business

When you break it down into five simple steps, it makes the process of building a career in real estate sound easy. And while it’s definitely not easy, you don’t have to make it more complicated than it is. By following the path that others have already discovered, you can set yourself up to be successful for many years to come.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Remote Professionals Getting More Value for Their Work Thanks to Borderless Banking

mm

Published

on

Not too long ago, the idea of working remotely from an island in Thailand or a co-working space in Berlin sounded like the kind of fantasy only tech moguls or backpacking freelancers could afford. 

Fast forward to today, and it’s as good as a global reality. Millions of professionals have cut the cord from traditional office life in exchange for flexibility, freedom, and a work-life balance that fits their personal rhythm and not their employer’s timezone.

However, as remote work has reshaped how people earn a living, it’s also pointed out the existing limits to most of the world’s financial systems. Traditional banking simply wasn’t built for a workforce that’s always on the move, operating in multiple currencies, and getting paid across borders. 

Thankfully, that’s where borderless banking like Black Banx have proven vital, and has quietly transformed the way money is managed for people vacationing and working overseas alike.

The Rise of the Remote Work Economy

Remote work isn’t just a pandemic-era trend that faded with Zoom fatigue—it’s become a defining feature of the modern workforce. A recent survey revealed that over 39% of Gen Z and Millennials planned to live and work abroad for extended periods this year, many staying six months or more in a single location. That’s beyond a short trip, and can be considered as good as a sabbatical with a substantial lifestyle shift.

According to recent estimates, the digital nomad economy now also contributes as much as US$787 billion annually to the global economy. And this isn’t just entry-level gig work. A third of digital nomads earn between US$100,000 and US$250,000, while another third take in US$50,000 to US$100,000 annually. 

It is indeed evident that the manner in which many make a living has changed. Unfortunately, most financial systems haven’t kept up.

Where Traditional Banks Are Still Falling Short

For those who have ever tried to open a bank account abroad or receive payment from a foreign client, they already know the drill: the paperwork is endless, delays are frustrating, and the fees? So much to do, even for the smallest amounts of money.

Just to name few of the hurdles remote workers still face with conventional banking:

  • Account setup restrictions: Need proof of residence, tax IDs, or a local job offer—things many digital nomads simply don’t have.
  • Slow international transfers: Payments can take days to process, which is a nightmare when rent’s due.
  • High foreign exchange fees: Currency conversions often come with steep, hidden costs.
  • Limited multi-currency support: Most banks still force users to operate in a single currency, making financial planning chaotic at best.

And perhaps most tellingly, many banks have digitized their operations but haven’t personalized their services. According to Accenture’s 2025 Banking Trends Report, while digital transformation has improved efficiency, it often sacrifices the customer experience. That’s not great news for people who live outside the lines.

Borderless Banking for Professionals Across the Globe

The concept of borderless banking goes far beyond wiring money internationally. Fundamentally, it’s also about being able to eliminate the friction between people and their money, no matter where they are in the world, and maintaining an ecosystem where geography, bureaucracy, and currency don’t stand in the way of financial freedom.

A working example of this is Black Banx, a Toronto-based fintech founded by German billionaire Michael Gastauer. Since launching globally in 2015, it has grown to serve over 78 million clients in 180+ countries as of Q1 2025, proof that people take to digital banking solutions when it is accessible, affordable, and is useful in just about any locale.

In the first three months of this year, Black Banx had also earned US$4.3 billion in revenue and US$1.6 billion in pre-tax profit, more than double from the same quarter the previous year and showing it has consistently delivered tangible value to global customers—remote professionals included

How Borderless Banking Maximizes Value for Remote Workers

1. Instant Account Access—No Strings Attached

The times of hunting down local branches or collecting endless documents just to open an account are finished. With borderless banks, users can open an account in minutes using just a photo ID—no proof of address or income required. That’s a lifesaver for anyone living outside their passport country or hopping from one location to another.

2. Multi-Currency Mastery

Managing money in multiple currencies used to mean juggling several accounts—or worse, losing money on conversions. Borderless platforms like Black Banx support 28 FIAT currencies and allow real-time currency conversions at competitive rates. That means remote workers can:

  • Invoice clients in one currency
  • Spend or save in another
  • Hedge against local currency fluctuations
  • Avoid excessive conversion fees altogether

3. Seamless, Real-Time Global Payments

Getting paid late, or paying others late, isn’t just inconvenient; it can damage relationships and disrupt your cash flow. With real-time payment support, remote workers can receive funds instantly, no matter where their clients are. This is particularly valuable for freelancers and entrepreneurs juggling multiple contracts across time zones.

Plus, bulk payment features and API integration streamline processes for those running teams or businesses.

4. Built-In Crypto Options

It isn’t surprising that many digital nomads are already deep into crypto. Whether it’s for investment, faster transactions, or avoiding traditional finance red tape, crypto is becoming essential.

Since 2016, Black Banx has allowed users to send, receive, and convert crypto (like BTC and ETH) within their accounts. That integration saves users from having to manage separate crypto wallets, and adds another layer of flexibility to their financial toolkit.

5. Secure Transactions

Remote workers often log in to work from cafés, coworking spaces, and airports, to name a few. Of course, this flexibility of being able to work almost anywhere should never come at the cost of security. Borderless banks like Black Banx use end-to-end encryption, AI fraud detection, and two-factor authentication to keep accounts safe from risky elements.

Financial Freedom, Not Just Convenience

Perhaps the most overlooked benefit of borderless banking is the freedom it provides. Not just to access money, but to fully participate in the global economy. For millions of professionals in underbanked regions like Africa, Latin America, Southeast Asia, borderless banking has become a gateway to financial inclusion and a way to take on opportunities that typically wouldn’t be available to them if not remote.

By removing barriers to entry, platforms like Black Banx empower underserved individuals to both take control of their finances and increase their earning power by working with companies from higher paying markets. This democratization of finance isn’t just good for individuals, it’s good for the global economy as a whole.

As Black Banx CEO Michael Gastauer put it: “Our multi-currency solutions enable businesses to tap into global talent without worrying about payment complexities. We make cross-border transactions as seamless as local ones.”

The Road Ahead

By 2030, the number of digital nomads worldwide is expected to soar past 60 million, according to the Forbes Technology Council. That means tens of millions of workers will be navigating foreign currencies, time zones, and financial systems—all while expecting the same seamless experience they’d get at home.

Indeed, remote professionals aren’t just looking for places to work—they’re looking for systems that work for them. In a lifestyle built on flexibility, traditional banking is proving too rigid, too slow, and too expensive.

Borderless banking services like those offered by the likes of Black Banx, on the other hand, offer exactly what today’s global workforce needs: instant access, multi-currency support, real-time payments, crypto integration, and enterprise-level security—all in a streamlined experience.

Continue Reading

Trending