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re: Do people with no real skills go into real estate?

Posted on 8/8/18 at 2:14 pm to
Posted by ItNeverRains
37069
Member since Oct 2007
25594 posts
Posted on 8/8/18 at 2:14 pm to
quote:

With interest rates rising and the flood bubble ending we are about to see who the real realtors are in BR Area.



We need a good purge. It’s coming. In 2009 I made 16k and was in top half of the agents at my brokerage.

I’m working with 2nd generation clients right now. So I’m skilled at building a book of business and retaining it for generations.
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43030 posts
Posted on 8/8/18 at 2:57 pm to
quote:

The girls I know who do it are rich girls
This is definitely a trend. They get big listings from friends that way. I know several of them, and they really just like hanging out and looking at other houses. They also work under big named realtors.


The people who do make money work extremely hard, and usually employ a staff of at least 5 people to help
Posted by nicholastiger
Member since Jan 2004
43120 posts
Posted on 8/8/18 at 3:00 pm to
People think it's easy to do but you really have to work it to make a living selling real estate. It's a lot of weekend time as well.
Posted by Sasquatch26
Parts Unknown
Member since Apr 2015
44 posts
Posted on 8/8/18 at 3:30 pm to
This is what I've always thought.....with that being said...I've thought about it a few times as a side gig. Even selling 2-3 decent size houses a year you make about 20-30k.
Posted by Collegedropout
Where Northern Mexico meets Dixie
Member since May 2017
5202 posts
Posted on 8/8/18 at 3:32 pm to
If you truly had skills, you would have picked up on this sooner and you too could have an easy job making bank.
Posted by Cracker
in a box
Member since Nov 2009
17764 posts
Posted on 8/8/18 at 4:09 pm to
Absolutely YES
Posted by notiger1997
Metairie
Member since May 2009
58275 posts
Posted on 8/8/18 at 4:16 pm to
One of my friends has done it in Jefferson Parish for about 15 years and is very good at it as she is always one of the top agents.
She had another career before, but got burnt out. Awesome person and a hard worker and knows to not spam or agrrevate people into using her services
This post was edited on 8/8/18 at 4:21 pm
Posted by reddy tiger
Mandeville
Member since Aug 2012
1560 posts
Posted on 8/8/18 at 5:08 pm to
You spelled 'sales' wrong.
Posted by el Gaucho
He/They
Member since Dec 2010
53122 posts
Posted on 8/8/18 at 5:11 pm to
Realtors do have a skill, hard work and hustle. If you worked as hard as me you could drive a new Lexus every two years like me but I bet your pee brain would of failed the real estate test
Posted by Dr RC
The Money Pit
Member since Aug 2011
58133 posts
Posted on 8/8/18 at 5:13 pm to
Seems like you have never has the displeasure of working in sales. That shite is tough and you absolutely need excellent people and sales skills. When it comes to real estate if you want to be worth a damn you really need to know your shite when it comes to what kind of house it is, what the neighborhood is like, what it's built from, what is worth your clients time, what you need to look for when it comes to repairs... It's not easy work.
This post was edited on 8/8/18 at 5:15 pm
Posted by GynoSandberg
Member since Jan 2006
72064 posts
Posted on 8/8/18 at 5:19 pm to
quote:

One of my friends has done it in Jefferson Parish



Spinoff, but I have numerous FB friends who who no tangible skills and they go to work for NOLA Living Realty. I just checked and this baw Eric Hernandez has 62 agents working under him
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 8/8/18 at 5:20 pm to
Define skills? College degree? Knowledgeable and handy with tools?
How are realtors, brokers, and developers different than people in a plant, on a construction site, in sales, retail, hospitality?
I would guess by the people I know that more than half of people in real estate have college degrees and most have some college.
Donald Trump was in real estate before tv and becoming president.
On my list of things I don’t understand is the OT hatred for realtors, but the OP is also including brokers, mortgage people, and developers in there as well.
Posted by JDogg33
Member since Oct 2017
405 posts
Posted on 8/8/18 at 5:25 pm to
We as a society will hopefully put them all out of work soon.
Posted by wildtigercat93
Member since Jul 2011
112370 posts
Posted on 8/8/18 at 6:10 pm to
Wouldn’t brush that kind of board stroke on all of them but anything that is as easy to obtain as a realtor license is going to attract a bunch of people doing it so that they can tell people they have a career

When I worked in the bar like 80 percent of the girls I would work with would either have their realtor license, in the process of getting it, or would tell everyone they were going to get it soon and quit
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 8/8/18 at 6:36 pm to
quote:

going to attract a bunch of people doing it so that they can tell people they have a career 

When I worked in the bar like 80 percent of the girls I would work with would either have their realtor license, in the process of getting it, or would tell everyone they were going to get it soon and quit ?


All true. I've gone out with my share of waitresses, strippers, bartenders, wannabe models, some actual swimsuit models, etc. Seems all of the have, are working on, or plan to get a realtors liscense.

I actually worked for some banks doing mortgages for a few years over a decade ago. The work itself was super easy. I mean a loan application was a couple of pages of basic info, you ran a few numbers (lil basic math on a calculator),ran it through automated underwriting (which basically meant you pressed submit once you entered the loan app info) and got your answer. The automated underwriting pulled credit you then gave a standard list of docs needed to close like W-2, paystub, downpayment verification, etc. The whole process was about 20-30 minutes, then you spend maybe another 30 minutes total to just check on the process of the loan with the processor and underwriter (ask them if they got the docs, ordered appraisal, etc).

That was about it on most loans. Very easy basic stuff, about 1 hour of combined continuous work, rarely more than 2 on each loan. And I think about 800 was the least I ever made on a loan and about 7k the most.

Worked when I wanted if I wanted. It was easy work. Course since I didnt really like going out selling, I never made a lot. But it was very easy work that didnt require much to do the job. Except the sales part.
Posted by Tall Tiger
Dixie
Member since Sep 2007
3273 posts
Posted on 8/8/18 at 7:04 pm to
I think the OP is confusing skills with the low barrier to enter the profession. Any realtor who makes a decent living has sales skills as well as some marketing and even advertising skills. (Although it seems like the really nice multi million dollar homes pretty much sell themselves).

However, there is undeniably a low barrier to get the license and start a career. It's a fairly easy test. And you don't have to go to three or four years of graduate school.
Posted by White Bear
Yonnygo
Member since Jul 2014
14036 posts
Posted on 8/8/18 at 8:18 pm to
quote:

Do people with no real skills go into real estate?
No, they sell insurance.
Posted by CP3LSU25
Louisiana
Member since Feb 2009
51150 posts
Posted on 8/8/18 at 8:21 pm to
How much does a normal real estate agent make. There are so many of them
Posted by geauxbrown
Louisiana
Member since Oct 2006
19599 posts
Posted on 8/8/18 at 8:25 pm to
My soon to be ex wife has zero tangible work skills and his presently pursuing her real-estate license. With the fake tits I paid for.
This post was edited on 8/8/18 at 8:25 pm
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261685 posts
Posted on 8/8/18 at 8:29 pm to
quote:

Because no real skills are required.


If you want to support yourself, there is.
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