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Real Estate Agents Question

Posted on 10/2/13 at 4:59 pm
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 10/2/13 at 4:59 pm
so i decided to get my license and i have to say the school and final test was pretty hard, now i have to take the state exam next week and i'm nervous. Is the state test gonna be as hard as the schools test were? or do they just make that hard so that the study more.
Posted by DontTazeMeBro
Gatlinburg, TN
Member since Oct 2011
152 posts
Posted on 10/2/13 at 5:29 pm to
That was the case when I took it. The actual exam itself was very easy. I think only a few people in my class failed.
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
63193 posts
Posted on 10/2/13 at 5:52 pm to
My wife passed it with a quickness. Unless you're some kind of dolt, you should pass if prepared. Oh, and she was an actual Realtor(tm), not some fake real estate agent (real estate joke).
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 10/2/13 at 7:57 pm to
It's been a month since I completed the class I'm gonna have of back through everything, if I fail it will be embarrassing.
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
63193 posts
Posted on 10/2/13 at 8:18 pm to
My wife worked for Century 21. They had an excellent training program and provided a fast track to becoming a Realtor.
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 10/2/13 at 10:02 pm to
Sweet
Posted by Alabama Slim
2009,2011 BCS National Champions
Member since Jul 2007
9931 posts
Posted on 10/2/13 at 10:41 pm to
from what I understand they make the final test much harder than the exam because they like to advertise that a high percentage of their students passed the exam.
Posted by Bear Is Dead
Monroe
Member since Nov 2007
4696 posts
Posted on 10/3/13 at 8:55 am to
It was significantly easier than the school tests. They throw a lot of "gimmees" on the real thing. Shouldn't be a problem.
Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 10/3/13 at 9:48 am to
The National portion of the exam is easy but the Louisiana part is tricky because of our unique laws. I pretty large percentage of people fail the state part on the first try.
Posted by ItNeverRains
37069
Member since Oct 2007
25397 posts
Posted on 10/3/13 at 10:14 am to
quote:

the real estate agent is the racket the dont' do any kind of work to deserve the % they get. if anything the frick up the deal half the time.


Are you really worried about failing in an industry you consider to be a racket that will frick up the deal 50/50 and don't deserve what you make? Are you gonna slide money under the table when someone brings you a deal if they threaten to crash the transaction if you dont?

You'll fail or lose your license in under 3 years. Save yourself some time/money
Posted by Chad504boy
4 posts
Member since Feb 2005
166136 posts
Posted on 10/3/13 at 3:12 pm to
quote:

My wife worked for Century 21. They had an excellent training program and provided a fast track to becoming a Realtor.



it takes more brains to sell cars than houses imo.
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 10/3/13 at 4:13 pm to
why i'm getting my license so i can legally collect checks, in part thanks to you. that thread got me thinking i should just get a license instead of relying on people to do the right thing.

and in that example, i real estate was absolutely not needed. the guy had nothing to do with anything but since he had a license got to collect almost 50k if i remember right. if he'd found the deal put it together. sure, i'd had no problem with it.
This post was edited on 10/3/13 at 4:24 pm
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
63193 posts
Posted on 10/3/13 at 8:58 pm to
quote:

it takes more brains to sell cars than houses imo.



Sick burn?
Posted by Drop4Loss
Birds Eye Of Deaf Valley
Member since Oct 2007
3851 posts
Posted on 10/3/13 at 9:21 pm to
RE agents AVERAGE around $20,000 year

Dats national
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
63193 posts
Posted on 10/3/13 at 9:24 pm to
quote:

RE agents AVERAGE around $20,000 year



Pretty accurate. And that's with being a million dollar seller... which is why my wife isn't in real estate anymore.

The money is in getting your broker's license and selling commercial properties.
Posted by ItNeverRains
37069
Member since Oct 2007
25397 posts
Posted on 10/4/13 at 10:46 am to
Depends on market, residential here is more 50-75k i would guess. I see value in what i do everyday, but i get it. IMO, Plant jobs and financial advisors can be done by retarded monkeys from my armchair, but I'm sure its short sighted.

Trill, you will have to hang your license at a brokerage, carry E&O, and pay NAR dues to get $. The devils in the details
Posted by Chad504boy
4 posts
Member since Feb 2005
166136 posts
Posted on 10/4/13 at 2:52 pm to
quote:


Sick burn?




problem with real estate agents is they think they know everything when they only thing they know is they want a sale transaction.
Posted by BigAppleTiger
New York City
Member since Dec 2008
10376 posts
Posted on 10/4/13 at 3:24 pm to
quote:

it takes more brains to sell cars than houses imo


Now I get it...always wondered why people think you're ridiculous.
Posted by Alabama Slim
2009,2011 BCS National Champions
Member since Jul 2007
9931 posts
Posted on 10/4/13 at 4:27 pm to
quote:

RE agents AVERAGE around $20,000 year


does that take account the number of trophy wives who do it to have something to tell people they do for a living. There's a big difference between them and people who actually earn a living as a REA.
Posted by ItNeverRains
37069
Member since Oct 2007
25397 posts
Posted on 10/4/13 at 5:45 pm to
quote:

does that take account the number of trophy wives who do it to have something to tell people they do for a living. There's a big difference between them and people who actually earn a living as a REA.


It's definitely a % of the industry, but the crash did kill off a few. They do 2-4 transactions a year and spend the rest of the time planning retreats and what conventions they will attend.
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