Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
Saw this article in USA Today about the Real Estate slowdown. The line that caught my eye was that new agents made $9400 last year after expenses. And they don't have health insurance. It sounds like he is going to have a hard time.
but i have heard the market in the bay area is still relatively active, still some overbidding etc. going on...so may be regionally different. and i still see lots of ads in socal for agents in certain hot growth spots, although i know prices have either stagnated or dropped a bit...
If i think of something clever to say, i'll put it here...
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2004
Location: Portland, Oregon
I think the industry is about to suffer an agent shakeout. It isn't just about the sales volume, it is about the sales worker volume. I think a new entrant will need to really ramp up their marketing skills as well as their negotiating skills. I don't think tomorrow's seller will pay full sell commissions without added value (staging and professional photography for a start).
It may seem obvious, but is she likely to have a hard time, given the current state of the real estate market?
Well, this may be a bad time to try to scoop up money in a bucket.
But from a learning & experience perspective, she couldn't have picked a better time to start!
Hawaii's RE contraction of the 1990s also wiped out about 2/3 of the state's active realtors... no telling how many of those tried to crash the party as it was ending.
The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
This community was started in 2002 as an alternative to a then fee only Motley Fool. The focus of the discussions is on topics related to early retirement and financial independence. The community is moderated to ensure a pleasant experience for our members.