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How tough is being a real estate agent?

Posted on 2/5/18 at 11:24 am
Posted by lsu xman
Member since Oct 2006
17020 posts
Posted on 2/5/18 at 11:24 am
One I'm dealing with now said she use to be a nurse.

At 3% commission, if they can close two home sales a month, that should be good income.

Can't imagine how many real estate agents there are in BR.

Anyone on the board a realtor?
Posted by CorkSoaker
Member since Oct 2008
9823 posts
Posted on 2/5/18 at 11:26 am to
If you’re already trying to figure out how little you can work, I don’t imagine you’ll be great at it. Good luck.
Posted by jdeval1
Member since Dec 2009
7525 posts
Posted on 2/5/18 at 11:26 am to
I think they give half of their commission to the parent company if they work for one.
Posted by Chad504boy
4 posts
Member since Feb 2005
179931 posts
Posted on 2/5/18 at 11:27 am to
quote:

At 3% commission,


and that's split with the realtor company they work for i believe.
Posted by Peazey
Metry
Member since Apr 2012
25428 posts
Posted on 2/5/18 at 11:27 am to
I hear that before they allow you to be licensed they make you raise a puppy up then on its first birthday you have to strangle it with your bare hands.
Posted by DirtyMikeandtheBoys
Member since May 2011
19467 posts
Posted on 2/5/18 at 11:28 am to
Do you have a vagine?


If not, it'll be pretty tough
This post was edited on 2/5/18 at 11:28 am
Posted by cattus
Member since Jan 2009
16082 posts
Posted on 2/5/18 at 11:28 am to
A lot




get it?
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
69585 posts
Posted on 2/5/18 at 11:29 am to
Do you have Facebook? From what I remember you’ll need to spend the majority of your time posting about being a real estate agent.
Posted by Jack Bauer7
Member since Jun 2012
5186 posts
Posted on 2/5/18 at 11:30 am to
There's tons and tons of real estate agents...It's one of those jobs where you can literally wake up one day and say, hmmm, i' think i'll become a real estate agent today...

That's why their mostly women with kids, they can "work from home"
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
38540 posts
Posted on 2/5/18 at 11:30 am to
It's feast or famine. You have to spend a lot of time at the broker's office and answer phones and take messages for the more established realtors......You pay for just about everything out of your own pocket....the kickbacks to your broker can be ...great including your desk fee.

If you are a male, the women agents frickin' hate you and will try to undercut you
Posted by Placebeaux
Bobby Fischer Fan Club President
Member since Jun 2008
51852 posts
Posted on 2/5/18 at 11:30 am to
Why is that because you would think women have a heavy hand in the decision and to me a woman would want to deal with a man.
Posted by DirtyMikeandtheBoys
Member since May 2011
19467 posts
Posted on 2/5/18 at 11:32 am to
All I know is the most successful realtors I deal with are all women. Also they seem to have to put in the least amount of effort to make sales.
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
35114 posts
Posted on 2/5/18 at 11:32 am to
dont do it if you dont like working nights and weekends. you have to be available when people are.
Posted by pointdog33
Member since Jan 2012
2765 posts
Posted on 2/5/18 at 11:35 am to
Residential realty is for the ladies.
Posted by TigerNlc
Chocolate City
Member since Jun 2006
33222 posts
Posted on 2/5/18 at 11:36 am to
quote:

All I know is the most successful realtors I deal with are all women.

Most men seem to go into commercial real estate.
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 2/5/18 at 11:36 am to
quote:

Most men seem to go into commercial real estate.




It's a real killer job.
Posted by terriblegreen
Spokane, LA
Member since Aug 2011
12458 posts
Posted on 2/5/18 at 11:37 am to
You have to work weekends. I dated an agent once. She loved it, but I would hate it. You have to be extremely outgoing in my opinion.

I might could do it as a hobby in retirement, but not as a full time gig. I’d starve.
Posted by supadave3
Houston, TX
Member since Dec 2005
32429 posts
Posted on 2/5/18 at 11:37 am to
quote:

I think they give half of their commission to the parent company if they work for one


Well then, I’m gonna start a parent company. Then I really won’t have to do shite.
Posted by kadillak
Member since Nov 2007
7641 posts
Posted on 2/5/18 at 11:39 am to
There's a lot of agents in the BR area, but a good number of them are part-time agents that sell real estate on the side (teachers). 2.5-3% is standard for commission, but you will split that with the brokerage that you're under. You generally get around 70% of the commission and the brokerage gets around 30% (usually referred to as company dollar). Most brokerages offer a "cap" around 18,000 in a given with anniversary year. So if you pay 18,000 in company dollar to your brokerage, you are capped and receive 100% of your commission until your anniversary date hits and then you start splitting with your brokerage.

That's the general concept, but many brokerages offer different set ups. Different splits, different caps, sliding caps, etc.
Posted by Jim Rockford
Member since May 2011
106119 posts
Posted on 2/5/18 at 11:40 am to
To become a commercial real estate agent you have to beat an old man to death. Blood in, blood out.
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