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Old 05-13-2004, 09:11 AM   #1
pimpshost
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Join Date: Feb 2002
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Passed my California Real Estate Test!!!

I have been working on getting my real estate license and took the test on the 11th. I just found out this morning I passed.

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Old 05-13-2004, 09:27 AM   #2
Big E
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Hosting business a little tough these days? =)
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Old 05-13-2004, 09:31 AM   #3
Furious_Male
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Congrats. I was thinking about going for a license myself just to have something to do on the side but I just can't find the time.
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Old 05-13-2004, 09:32 AM   #4
riosluts
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how much commission are you going to earn anyways. here I heard its about 5%
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Old 05-13-2004, 09:34 AM   #5
pimpshost
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Quote:
Hosting business a little tough these days? =)
Not really. It was better for me last year, but no big deal. I have been wanting to do this for a long time.
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Old 05-13-2004, 09:34 AM   #6
stevecore
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Congrats, now join the other 8,000,000 people who also have their license and don't do shit with it.
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Old 05-13-2004, 09:39 AM   #7
HeatherF
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Quote:
Originally posted by pimpshost
I have been working on getting my real estate license and took the test on the 11th. I just found out this morning I passed.

Congrats..... You must be excited and you should be.

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Old 05-13-2004, 09:40 AM   #8
mindoza
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Congrats!
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Old 05-13-2004, 09:42 AM   #9
pimpshost
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You can earn 3% on selling and 3% with a buyer as well, so a total of 6%. Of that, my broker pays 80% commission. So, if I get a listing for a $1,000,000 home, the comission would be $60k and I would get 80% of that ...$48k.

Some people do discount listing as low as 1% commision on each end, but there is plenty of business at 3% for selling or finding a buyer.

Quote:
Congrats, now join the other 8,000,000 people who also have their license and don't do shit with it.
I planned for that. I have already been marketing a site for a realtor and have had a lot of success. I built this site and do all the marketing for it:
www.lajollaview.com

Someone searches her site about every 30 minutes and she gets 1-2 inquiries per day.
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Old 05-13-2004, 09:47 AM   #10
EviLGuY
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Thats cool. Congratulations.
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Old 05-13-2004, 09:48 AM   #11
RP Fade
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Congrats..my fiance is an agent for Prudential
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Old 05-13-2004, 09:50 AM   #12
pimpshost
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Thanks RP Fade, EvilGuy, Heather F, stevecore, and FuriousMale.
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Old 05-13-2004, 09:50 AM   #13
llabtaem
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Congrats!! Now head in the commercial RE direction. TONS of cash to be made there, no matter where you are located
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Old 05-13-2004, 09:51 AM   #14
DR_PHIL
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congrats..got mine last year, looks good on resume
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Old 05-13-2004, 10:16 AM   #15
kmanrox
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gratz jay... hit me on icq when u get a chance...
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Old 05-13-2004, 05:08 PM   #16
evilpavel
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yeah... passed for my PA licence in march.. RE licence is a good thing to have!!! :-))
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Old 05-14-2004, 09:47 AM   #17
Firehorse
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Congrats, I hope you make big $$$ with it!
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