From: JohnT on

"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
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
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
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
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