Real estate agents on average get paid from 30,000 to 70,000 a year. sum earn 150,000 +those "average" people....what did they do wrong?? and how did the other people earn 150,000+??is real estate a good job>?one more question: Many people buy homes and they fix them up, rebuild them, etc. and sell them for a higher price and get HUUGE profits. HOW DOES ALL THIS WORK OUT>? i have no diea howdetailed explanation would be nice..thanx
the national average income for a real estate agent is about $32,000, it's the other small % that makes a good living you can call your local real esate commission and they will give you averages the reason why everyone thinks all agents make a killing is thoses are the only ones you hear about agents are some of the laziest commission paid people I have found, they want all the leads to come to them and don't want to work for it hardley any agents now adays cold call, market themselves, or advertize, they think the buyer is going to walk into an office off the street and it doesnt work that way. depending on the state your in the buying of destressed homes and fixing them up is not everything you see on tv. to began with when you see the amount they paid for house the amount it cost to fix up then the profit, they forgot to add real estate cost to the total in this market a fixer upper is not the best thing to get into it's hard enough to sell the ones that are move in ready.
HE COPIED MY ANSWER!!!! Real Estate is like any other commission sales business. Some years it booms and some years it flops. Never believe figures that quote average when it relates to a commission job. That's what Real Estate is. If you're a good sales person, you're going to make millions in spite of a slump. Ask Donald Trump. He made millions in Manhattan where there was no more real estate to sell. He got creative and went selling upwards versus the traditional selling outward. The rest is history. If you are not creative in generating sales, go do something else. Real Estate is not for you. Flipping properties is a horse of a different color. You have to have capital to improve what you buy. It must be done quickly, inexpensively and almost have a buyer waiting in the wings. Many flippers already have a buyer lined up. They know what the buyer wants and they go find it. Fix it up to meet expectations and turn a good profit. Unless you have a purse with real deep pockets and can sit on a piece of property for months, then flipping real estate can send you to the poor house very quickly.
Real Estate is like any other commission sales business. Some years it booms and some years it flops. Never believe figures that quote average when it relates to a commission job. That's what Real Estate is. If you're a good sales person, you're going to make millions in spite of a slump. Ask Donald Trump. He made millions in Manhattan where there was no more real estate to sell. He got creative and went selling upwards versus the traditional selling outward. The rest is history. If you are not creative in generating sales, go do something else. Real Estate is not for you. Flipping properties is a horse of a different color. You have to have capital to improve what you buy. It must be done quickly, inexpensively and almost have a buyer waiting in the wings. Many flippers already have a buyer lined up. They know what the buyer wants and they go find it. Fix it up to meet expectations and turn a good profit. Unless you have a purse with real deep pockets and can sit on a piece of property for months, then flipping real estate can send you to the poor house very quickly.
