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Being a real estate agent.......

Posted on 12/26/15 at 10:34 pm
Posted by TJG210
New Orleans
Member since Aug 2006
28376 posts
Posted on 12/26/15 at 10:34 pm
Can someone tell me the ins and outs of being a real estate agent? If you hustle, what kind of scratch can you pull down? Time commitment?
Posted by hendersonshands
Univ. of Louisiana Ragin Cajuns
Member since Oct 2007
160105 posts
Posted on 12/26/15 at 10:34 pm to
Phil from Modern Family is a real estate agent and he has a nice house and hot daughter.
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16345 posts
Posted on 12/26/15 at 10:35 pm to
That is one step above new car salesman. Good luck with that.
Posted by ThatMakesSense
Fort Lauderdale
Member since Aug 2015
14837 posts
Posted on 12/26/15 at 10:35 pm to
You might make it on House Hunters. They seem to like the tarded agents on that show.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167696 posts
Posted on 12/26/15 at 10:36 pm to
Bad place to ask this. Prepare for a lot of ignorance and unfunny responses.
This post was edited on 12/26/15 at 10:39 pm
Posted by Btrtigerfan
Disgruntled employee
Member since Dec 2007
21678 posts
Posted on 12/26/15 at 10:37 pm to
quote:

Can someone tell me the ins and outs of being a real estate agent?


40's female with fake tits and big hair.

Lots of in and out. In and out. In and out.

Squirt, squirt, squirt, squirt...
Posted by Sampson
Chicago
Member since Mar 2012
24577 posts
Posted on 12/26/15 at 10:40 pm to
Stout seems to know a lot about it and also seems to be a big fat loser so wouldn't recccomend that field
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75322 posts
Posted on 12/26/15 at 10:42 pm to
Seems like a dog eat dog cutthroat industry. I say pass.
Posted by lsu13lsu
Member since Jan 2008
11490 posts
Posted on 12/26/15 at 10:44 pm to
Always a good time to buy. Always a good time to sell.
Posted by lsunurse
Member since Dec 2005
129047 posts
Posted on 12/26/15 at 10:47 pm to
How much do you like being free on the weekends? Realtors work a lot of weekends.
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
63718 posts
Posted on 12/26/15 at 10:54 pm to
What city do you live in?

Do you think you could sell a million dollars worth of anything in a year? Sounds pretty impressive, doesn't it.

Well, think again. You just earned yourself a $15,000 salary.
Posted by DonChowder
Sonoma County
Member since Dec 2012
9249 posts
Posted on 12/26/15 at 10:58 pm to
quote:

Being a real estate agent.......

...means that you have to take some cheesy head shots and post them on the interwebs.

Posted by BananaHammock
Member since Aug 2011
13150 posts
Posted on 12/26/15 at 10:58 pm to
I googled the chick's name who is selling the house down the street from me and she was featured on TheDirty not once, butt twice. I knew something was off with her when I dropped into her open house. She couldn't answer a single question about the place without looking at the fact sheet and had "I love dick" eyes.

Seriously, she was working at a smoothie store down in Scottsdale 2 years ago and is now standing in open houses for high-end homes.

I know there are some good realtors out there, butt the lion's share have failed at everything else before stumbling into that profession.
Posted by danilo
Member since Nov 2008
20380 posts
Posted on 12/26/15 at 10:59 pm to
Sell herbalife instead
Posted by llfshoals
Member since Nov 2010
15564 posts
Posted on 12/26/15 at 11:00 pm to
quote:

Can someone tell me the ins and outs of being a real estate agent? If you hustle, what kind of scratch can you pull down? Time commitment?


My agent does ok. From what I've heard, average for a decent agent in T-Town is 60-70k. Good ones can make some pretty serious scratch. It's like any other kind of sales really. Know what your client wants, don't BS them, communicate well.

From her ability to respond, I'd say you'd need to accept there isn't really a time you're "off work". Because yes I've messaged on days, evenings and weekends, and she responds pretty promptly. It's saved me time and trouble, and will get her paid some more when I sell another of my houses in a few months.
Posted by PurpleandGold Motown
Birmingham, Alabama
Member since Oct 2007
22082 posts
Posted on 12/26/15 at 11:01 pm to
I'm a third generation realtor, so I guess I can help.

Time commitment is entirely dependent on how much you want to work and how good you are at not letting your clients dictate your life. Telling them to take a hike and you will no longer be assisting them is very liberating, but most agents can't bring themselves tell that potential commission to walk away -- even though it's not worth it in the long run.

How much can you make?

My parents haven't made less than a 100K apiece in ten years, most of the time they're over 200 apiece. During the boom my Dad got close to a million, but he was finding land for big developers and hit a lucky streak. Most people don't do that well at all.

You'll be lucky to break 20K your first year after expenses, but if you can stick it out for two or three years and keep at it, you'll have a chance to make a very nice living.

Personally, I don't want to be involved in it for more than 10 years. It's too fricking stressful taking on other people's problems and making them your own. Buying a home is a HUGE step for most people and can bring out the worst. Each day is a fresh adventure into the twisted depths of the human psyche under stress. I hope to work up my own portfolio of properties over the next 8 years or so and work that rather than other people's.
Posted by texag7
College Station
Member since Apr 2014
37608 posts
Posted on 12/26/15 at 11:08 pm to
What's the point of real estate agents. Is it illegal to sell your house yourself? Seems like that would make you a crapload more $
Posted by joeleblanc
Member since Jan 2012
4114 posts
Posted on 12/26/15 at 11:09 pm to
Its a dying job..just like that of a stock broker..not much for either unless you are looking for something out of state, etc.
Posted by Ancient Astronaut
Member since May 2015
33230 posts
Posted on 12/26/15 at 11:20 pm to
Tough industry to be in especially now
Posted by whit
Baton Rouge
Member since Sep 2010
10999 posts
Posted on 12/27/15 at 12:44 am to
I got my real estate license after I sold the first house I built and saw how much our realtor made. I give my broker a good percentage for a good reason. Lately I've only helped friends and family buy/sell. I'm about to get more involved in the market in 2016. I think 2016 will be a good year. Not so sure about 2017. Fingers crossed.
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