From: Gregory Morrow on

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

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
Mxsmanic wrote:

> I'm not good at sales.

You just answered your own question.
--
dgs
From: dgs on
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
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.

--
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