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Message
re: Being a real estate agent.......
Posted on 12/27/15 at 4:20 pm to dsides
Posted on 12/27/15 at 4:20 pm to dsides
quote:
No, they don't. You must not either since I also mentioned identifying your net number and grossing up your price. Keep up.
You sound like the business that tries to do cost plus pricing.
Posted on 12/27/15 at 4:21 pm to lynxcat
quote:
Your point is heard loud and clear that you think the opportunity cost is favorable to use a REA. Others have stated they believe otherwise. You are in no position to say one is right or wrong across the board.
You are the decision maker so what you net is your decision, not the brokers.
Posted on 12/27/15 at 4:24 pm to dsides
quote:
You are the decision maker so what you net is your decision, not the brokers.
What one gets is dependent on what a buyer is willing to pay. I don't just get to gross up to a figurative number unless a buyer is willing to pay that number.
This post was edited on 12/27/15 at 4:25 pm
Posted on 12/27/15 at 4:27 pm to lynxcat
let's just ignore him
seriously though the broker/agent issue is the biggest one of real estate law
if you're an attorney, once you get licensed you can start your own firm
if you're a real estate agent, you have to work for a broker and can't be licensed as a broker until 4 years of work
seriously though the broker/agent issue is the biggest one of real estate law
if you're an attorney, once you get licensed you can start your own firm
if you're a real estate agent, you have to work for a broker and can't be licensed as a broker until 4 years of work
Posted on 12/27/15 at 4:27 pm to lynxcat
I think he should write an infomercial with this wonderful knowledge he has shared with us for free.
Posted on 12/27/15 at 4:28 pm to dsides
quote:Please tell me you are trolling
Here's an idea. Find good people to work with and let them make a little money off you providing a service. Treat them well. Over time it will get paid back to you and you will enjoy life much more and die happy with friends. Or you can pinch pennies, assume everyone is out to screw you and you can die miserable with a few extra dollars. (although that's debatable.)
Posted on 12/27/15 at 4:29 pm to SlowFlowPro
quote:
if you're a real estate agent, you have to work for a broker and can't be licensed as a broker until 4 years of work
Becoming an appraiser or surveyor is even tougher and each of those are in big demand.
Posted on 12/27/15 at 4:30 pm to SlowFlowPro
quote:
et's just ignore him
seriously though the broker/agent issue is the biggest one of real estate law
if you're an attorney, once you get licensed you can start your own firm
if you're a real estate agent, you have to work for a broker and can't be licensed as a broker until 4 years of work
Each state is different. Alabama is 24 of the past 36 months as an active agent.
Posted on 12/27/15 at 4:31 pm to PurpleandGold Motown
quote:
Each state is different. Alabama is 24 of the past 36 months as an active agent.
even that seems outrageous to me
Posted on 12/27/15 at 4:31 pm to lynxcat
quote:
What one gets is dependent on what a buyer is willing to pay. I don't just get to gross up to a figurative number unless a buyer is willing to pay that number.
You've got to determine a reasonable number you want to net based on the market and then incentivize your broker to make the market and achieve it. I own a lot of commercial property and trade often. I also will pay overmarket fees if I get my net number. I don't get caught up in %'s, what someone else makes. As long as I meet my targets, everyone wins.
I would argue if you agree to pay a good broker greater than a market fee you can most likely net more.
Posted on 12/27/15 at 4:33 pm to TJG210
It's pretty tough. I was lucky enough to join a successful team when I started and then ventured off into commercial RE. You will probably be pretty broke for the first 6 months so you might want to get some kind of side gig if you want to make ends meet. Not a good career to get started in if you're already married or have kids.
Posted on 12/27/15 at 4:34 pm to stout
quote:
I think he should write an infomercial with this wonderful knowledge he has shared with us for free.
You'll get it one day. Done here. Off to make money on the smart dumb guys in this thread.
Posted on 12/27/15 at 4:34 pm to SlowFlowPro
Posted on 12/27/15 at 4:35 pm to dsides
quote:
Off to make money on the smart dumb guys in this thread.
Time is money yet you have posted in this thread for like 5 hours straight today with the rest of us "smart dumb guys"
Posted on 12/27/15 at 4:36 pm to dsides
quote:
Off to make money on the smart dumb guys in this thread
you mean people that use a realtor? lol
Posted on 12/27/15 at 4:36 pm to djangochained
I don't really care if you believe it or not. It's a message board. I might as well have said that I created Zillow.
Posted on 12/27/15 at 4:36 pm to stout
quote:
Experience Criteria - None Required
Examination Criteria - None Required
quote:
Experience Criteria - A minimum of 5000 hours of appraisal experience in no fewer than 36 months is required. The maximum allowable credit that shall be applied toward the experience requirement in a 12-month period is 1700 hours.
that is so ridiculous
Posted on 12/27/15 at 4:37 pm to stout
quote:
Look how insane it is to become an appraiser
LINK
It's three years as an apprentice in Alabama -- where you make roughly 25% of your total fees. fricking sucked when I did it.
Posted on 12/27/15 at 4:38 pm to Gr8t8s
quote:
I don't really care if you believe it or not. It's a message board. I might as well have said that I created Zillow.
django is the biggest liar here behind Hammertime. Ignore him.
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