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beemk 08-10-2003 11:28 PM

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.

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


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