Anyone do real estate? - GoFuckYourself.com

beemk · 08-10-2003, 11:28 PM

does anyone have a realtor license? i'm thinking about getting one. is it hard? my dad buys a new house at least once a month so im thinking i will make some decent money just off that. i dont really want it for a career though.

angelsofporn · 08-10-2003, 11:31 PM

dont get a liscence...just buy properties and sell em..rent em out..etc..real estate brokers are dirtbags...i get one at my house a couple times a week bothering me...they do nothing and make 6%.
So on a million dollar house they make 60K for making a phone call and having a nice haircut....just buy good deals and rent them out and sell em...ridiculous money..i've been doing it for a while and really doing well...i dont know about the rest of the country but here in Cal it's up 20% a year for a while now..so if you have at leat a mill in properties it's an extra 200k a year in paper profit

beemk · 08-11-2003, 12:10 AM

the actual realtor makes 3% i think. my dad does the same shit that you do, but if i was his realtor i would be the person getting the 3%. so if he spends a million in a year i would get $30k just from him.... get what im saying? if you had a license you could be the person getting the 3% of the houses you buy, and you could show yourself the house instead of having to meet with the realtor.

KRL · 08-11-2003, 12:23 AM

Quote:

Originally posted by angelsofporn
dont get a liscence...just buy properties and sell em..rent em out..etc..real estate brokers are dirtbags...i get one at my house a couple times a week bothering me...they do nothing and make 6%.
So on a million dollar house they make 60K for making a phone call and having a nice haircut....just buy good deals and rent them out and sell em...ridiculous money..i've been doing it for a while and really doing well...i dont know about the rest of the country but here in Cal it's up 20% a year for a while now..so if you have at leat a mill in properties it's an extra 200k a year in paper profit

You're kidding right? You think properties just sell by themselves without advertising, marketing, and buyer prospecting?

Realtors are dirtbags? Hell, I'll hand someone $60,000 to bring me a solid $ 1 Million buyer any day of the week.

lynch1000s · 08-11-2003, 12:41 AM

I don't do real estate myself, but I do know the broker makes 3%, not 6%. 3% goes to the broker, and the other 3% goes to broker's employer. I was talking to a manager at a local real estate dealership about it a few weeks ago.

Anyways, a real estate license only takes like a month to get. My suggestion is to get (regardless if you need it).

High Quality · 08-11-2003, 12:43 AM

Quote:

Originally posted by lynch1000s
I don't do real estate myself, but I do know the broker makes 3%, not 6%. 3% goes to the broker, and the other 3% goes to broker's employer. I was talking to a manager at a local real estate dealership about it a few weeks ago.

Anyways, a real estate license only takes like a month to get. My suggestion is to get (regardless if you need it).

Damn, only a month? nice

iroc409 · 08-11-2003, 12:46 AM

around here you have to take 6 classes to get a broker's license, or 2 classes (for the sales license) and 2yrs exp. about $1500 for the classes, plus a $215 license/testing fee...

beemk · 08-11-2003, 12:54 AM

Quote:

Originally posted by KRL

You're kidding right? You think properties just sell by themselves without advertising, marketing, and buyer prospecting?

Realtors are dirtbags? Hell, I'll hand someone $60,000 to bring me a solid $ 1 Million buyer any day of the week.

well said

08-10-2003, 11:28 PM	#1
beemk CLICK HERE Industry Role: Join Date: Jan 2002 Posts: 20,829	Anyone do real estate? does anyone have a realtor license? i'm thinking about getting one. is it hard? my dad buys a new house at least once a month so im thinking i will make some decent money just off that. i dont really want it for a career though. __________________ I host with Vacares

08-11-2003, 12:10 AM	#3
beemk CLICK HERE Industry Role: Join Date: Jan 2002 Posts: 20,829	the actual realtor makes 3% i think. my dad does the same shit that you do, but if i was his realtor i would be the person getting the 3%. so if he spends a million in a year i would get $30k just from him.... get what im saying? if you had a license you could be the person getting the 3% of the houses you buy, and you could show yourself the house instead of having to meet with the realtor. __________________ I host with Vacares

08-11-2003, 12:46 AM	#7
iroc409 Confirmed User Join Date: Jan 2003 Location: midwest side, yo Posts: 4,728	around here you have to take 6 classes to get a broker's license, or 2 classes (for the sales license) and 2yrs exp. about $1500 for the classes, plus a $215 license/testing fee... __________________ <a href="http://www.iroc409.com/"><img src="http://www.iroc409.com/adv/120x60.gif" border=0></a> icq: 1 7 6 4 2 0 9 6 0 Gallery templates for ONLY $25! w00t!

08-10-2003, 11:31 PM	#2
angelsofporn Confirmed User Join Date: Mar 2002 Location: CA Posts: 3,218	dont get a liscence...just buy properties and sell em..rent em out..etc..real estate brokers are dirtbags...i get one at my house a couple times a week bothering me...they do nothing and make 6%. So on a million dollar house they make 60K for making a phone call and having a nice haircut....just buy good deals and rent them out and sell em...ridiculous money..i've been doing it for a while and really doing well...i dont know about the rest of the country but here in Cal it's up 20% a year for a while now..so if you have at leat a mill in properties it's an extra 200k a year in paper profit

08-11-2003, 12:41 AM	#5
lynch1000s Confirmed User Join Date: Mar 2001 Posts: 245	I don't do real estate myself, but I do know the broker makes 3%, not 6%. 3% goes to the broker, and the other 3% goes to broker's employer. I was talking to a manager at a local real estate dealership about it a few weeks ago. Anyways, a real estate license only takes like a month to get. My suggestion is to get (regardless if you need it).