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From: Jim Ley on 2 Aug 2006 10:23 On Wed, 02 Aug 2006 09:13:42 -0500, barney2(a)cix.compulink.co.uk wrote: >In article <nkb1d21fmpr24d90e3eshtd47sscci9rss(a)4ax.com>, >> Yes, they do. Real estate is a very good way to make lots of money, >> thanks to the business model to which most real-estate agents adhere. > >It may well vary between countries, but in Britain a busy self-employed >plumber will make considerably more than a junior negotiator at an estate >agency. Of course, some estate agents make more than some plumbers, too. I recently looked at the stats for sales in a medium sized town in devon, there were 2 sales with the land registry in the 6 months per agency - not all sales go through estate agents (one of the sales in the period was one I knew about which didn't go near an estate agent) and I know some of the agencies have many individual agents, I think it's unlikely that the average much exceeded 1. That means the income (from sales) for the 6 months would've been in the region of 6000 pounds (based on 3% commission on average house price of 200,000 - both numbers are on the high side for the region) There simply isn't the money in the town to be making any real money from estate agencies. Of course in richer areas where there's higher turnover and higher prices there can be very good incomes for estate agents, but in the town I'm talking about, the plumbers do far better. Jim.
From: Mxsmanic on 2 Aug 2006 10:24 barney2(a)cix.compulink.co.uk writes: > It may well vary between countries, but in Britain a busy self-employed > plumber will make considerably more than a junior negotiator at an estate > agency. Of course, some estate agents make more than some plumbers, too. In the United States, real-estate agents usually work on a percentage commission basis, typically around six percent of the sale price for a property. On the sale of a $300,000 home, they will make $36,000, often for only a few weeks' or even a few days' work. Thus, a single sale can support them for a year, and most agents make multiple sales each year, often becoming very wealthy. Often the amount of money one makes in different professions is not a function of supply and demand so much as it is a function of tradition. And very often the traditions are strange indeed and lead to glaring inequalities. -- Transpose mxsmanic and gmail to reach me by e-mail.
From: barney2 on 2 Aug 2006 10:31 In article <39d1d29ghtfthoet8ugabrhq2eoloj49u4(a)4ax.com>, mxsmanic(a)gmail.com (Mxsmanic) wrote: > *From:* Mxsmanic <mxsmanic(a)gmail.com> > *Date:* Wed, 02 Aug 2006 16:24:34 +0200 > > barney2(a)cix.compulink.co.uk writes: > > > It may well vary between countries, but in Britain a busy > > self-employed plumber will make considerably more than a junior > > negotiator at an estate agency. Of course, some estate agents make > > more than some plumbers, too. > > In the United States, real-estate agents usually work on a percentage > commission basis, typically around six percent of the sale price for a > property. On the sale of a $300,000 home, they will make $36,000, How $36,000 and not $18,000?
From: Stanislas de Kertanguy on 2 Aug 2006 10:38 Mxsmanic avait prtendu : > barney2(a)cix.compulink.co.uk writes: > >> It may well vary between countries, but in Britain a busy self-employed >> plumber will make considerably more than a junior negotiator at an estate >> agency. Of course, some estate agents make more than some plumbers, too. > > In the United States, real-estate agents usually work on a percentage > commission basis, typically around six percent of the sale price for a > property. On the sale of a $300,000 home, they will make $36,000, I think that you have to study the notion of percentage. -- remplacez "lesptt" par "laposte" pour me joindre substitute "laposte" for "lesptt" to reach me
From: Stanislas de Kertanguy on 2 Aug 2006 10:56
Martin a expos le 02/08/2006 : > On Wed, 02 Aug 2006 16:38:43 +0200, Stanislas de Kertanguy > <stanislas.dekertanguy(a)lesptt.net> wrote: > >> Mxsmanic avait prtendu : >>> barney2(a)cix.compulink.co.uk writes: >>> >>>> It may well vary between countries, but in Britain a busy self-employed >>>> plumber will make considerably more than a junior negotiator at an estate >>>> agency. Of course, some estate agents make more than some plumbers, too. >>> >>> In the United States, real-estate agents usually work on a percentage >>> commission basis, typically around six percent of the sale price for a >>> property. On the sale of a $300,000 home, they will make $36,000, >> >> I think that you have to study the notion of percentage. > > MixiMaths (TM) innit? Maybe he will argue that he was not giving figures in decimal base ... -- remplacez "lesptt" par "laposte" pour me joindre substitute "laposte" for "lesptt" to reach me |