From: Gregory Morrow on 2 Aug 2006 16:45 David Horne wrote: > Mxsmanic <mxsmanic(a)gmail.com> wrote: > > > barney2(a)cix.compulink.co.uk writes: > > > > > Just two messages ago it was a few /weeks'/ work... > > > > It can be either, depending on the property, the market, etc. Even > > for a few weeks' work, $18,000 is pretty good. > > For the average realtor, that's half a year's wage. If it were that easy to do, then everybody would be selling real estate. It often takes quite a long time to become "established" in the field. I've known beginning real estate agents who took six months or longer to make their first sales -- in the meantime they had no other income coming in and had to rely on savings, etc. for their living expenses. Then to get hired by a realty agent is another hurdle... The money can be good but it has a lot to do with sheer luck and timing...you can go a long time between sales and thus have no regular income during those periods. You have to "keep up appearances", e.g. have a decent car, nice clothes, maintain office equipment, etc. so you have those fixed business expenses. -- Best Greg
From: Gregory Morrow on 2 Aug 2006 16:47 The Reid wrote: > 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. See my post above :-) -- Best Greg
From: dgs on 2 Aug 2006 16:48 Mxsmanic wrote: > I'm not good at sales. You just answered your own question. -- dgs
From: dgs on 2 Aug 2006 16:51 Martin wrote: > Why did Mixi cross the road? To whine about the lack of air-conditioning on the other (and European) side. -- dgs
From: Mxsmanic on 2 Aug 2006 16:54
David Horne, _the_ chancellor of the royal duchy of city south and deansgate writes: > What's the median salary for a US realtor, Mixi? About $49,000 in 2004, but it varies hugely from time to time and from place to place. A typical real-estate agent might sell a couple of homes a year. It's not much work for $49,000. Note that not all real-estate agents are Realtors (R). The Internet will gradually put commission-based realty out of business, which is just as well for consumers, but very bad news for people in real estate. -- Transpose mxsmanic and gmail to reach me by e-mail. |