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Question:

Should i get involved in the real-estate business?

Im really interested in working in the real-estate, and get my license. Im interested in being independent and to run my own business and to have a better flexible schedule because now days im working from day to night at the same boring place and i dont see me living my life like this.Im really interested in the real-estate and i want to know the process of being a real-estate agent, how much money i could make and how is the is the life style and working schedule of working of a real-estate agent.

Answer:

The sky is the limit as to what you could make as an agent. They are paid 100% on commission so the more you sell the more you make
Real estate is often day and night work including weekends. You can work 30 hours on a deal that doesn't go through. Agents first get a license and have to hang it under a real estate agency which usually ranges $50 - $1,000 per month (for a big company that might pass you some leads) and to be an independent agent where you can avoid those monthly fees and commission splits means another exam that costs more. Some brokers eventually make $1 Million while others make zero and quit. It's sales so you have to like dealing with those who try to beat you up on your commission to working with buyers who turn out not to be qualified and on and on. It's a very interesting profession.

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