From: JohnT on 2 Aug 2006 13:26 "Mxsmanic" <mxsmanic(a)gmail.com> wrote in message news:8kn1d2p31smkmguf1ke7f5u8hinkt75mk9(a)4ax.com... > Keith W writes: > >> Erm 6% of $300,000 is $18,000 and that is the fee payable >> to the real estate company from which costs such as >> advertising, legal fees etc have to be deducted. > > In the U.S., it is often the money paid to the agent. And the > overhead isn't that high in any case. > >> $18,000 for a few weeks work doesnt sound that wonderful to me > > It's over $300,000 a year, which is better than doctors and 747 pilots > usually manage. And at least $299,999.99 more than your net worth. JohnT
From: The Reid on 2 Aug 2006 13:41 Following up to JohnT >>> $18,000 for a few weeks work doesnt sound that wonderful to me >> >> It's over $300,000 a year, which is better than doctors and 747 pilots >> usually manage. > >And at least $299,999.99 more than your net worth. has anybody bothered to ascertain the operating expenses? I assume the *commission* is not a *salary*, it is income to offset against expenses. Like running an office during Xmas with no customers. -- Mike Reid Walk-eat-photos UK "http://www.fellwalk.co.uk" <-- you can email us@ this site Walk-eat-photos Spain "http://www.fell-walker.co.uk" <-- dontuse@ all, it's a spamtrap
From: barney2 on 2 Aug 2006 14:06 In article <6so1d2tjouqko4k19aa6p7dfm30203pnd5(a)4ax.com>, dontuse(a)fell-walker.co.uk (The Reid) wrote: > *From:* The Reid <dontuse(a)fell-walker.co.uk> > *Date:* Wed, 02 Aug 2006 18:41:56 +0100 > > Following up to JohnT > > >>> $18,000 for a few weeks work doesnt sound that wonderful to me > >> > >> It's over $300,000 a year, which is better than doctors and 747 > > pilots > >> usually manage. > > > >And at least $299,999.99 more than your net worth. > > has anybody bothered to ascertain the operating expenses? I > assume the *commission* is not a *salary*, it is income to offset > against expenses. Like running an office during Xmas with no > customers. http://www.bplans.com/spv/3225/7.cfm#1070000 is interesting.
From: Mxsmanic on 2 Aug 2006 15:07 The Reid writes: > has anybody bothered to ascertain the operating expenses? I > assume the *commission* is not a *salary*, it is income to offset > against expenses. Like running an office during Xmas with no > customers. What kind of one-man paper-based business has monthly overhead of $36,000? -- Transpose mxsmanic and gmail to reach me by e-mail.
From: David Horne, _the_ chancellor of the royal duchy of city south and deansgate on 2 Aug 2006 15:39
Mxsmanic <mxsmanic(a)gmail.com> wrote: > David Horne, _the_ chancellor of the royal duchy of city south and > deansgate writes: > > > They don't. Next question. > > Yes, they do. No they don't. > Real estate is a very good way to make lots of money, > thanks to the business model to which most real-estate agents adhere. Look up the median wage for a realtor and a plumber in any western country, then get back to me, numbnuts. -- David Horne- http://www.davidhorne.net usenet (at) davidhorne (dot) co (dot) uk http://homepage.mac.com/davidhornecomposer http://soundjunction.org |