Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Real Estate Agent in Down Real Estate Market
Old 06-08-2007, 10:27 PM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
TromboneAl's Avatar
Join Date: Jun 2006
Posts: 11,019
Real Estate Agent in Down Real Estate Market

I know someone who just became a real estate agent in Alameda, California.

It may seem obvious, but is she likely to have a hard time, given the current state of the real estate market?

TromboneAl is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

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 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!

Old 06-08-2007, 10:58 PM   #2
bssc's Avatar
Join Date: Dec 2005
Posts: 9,151
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.

bssc is offline   Reply With Quote
Old 06-09-2007, 01:13 AM   #3
Thinks s/he gets paid by the post
bright eyed's Avatar
Join Date: Jan 2007
Posts: 1,891
but i have heard the market in the bay area is still relatively active, still some overbidding etc. going 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...
bright eyed is offline   Reply With Quote
Old 06-09-2007, 09:33 AM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Brat's Avatar
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 5,693
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).

Here is an interesting thread on a Realtor(R) blog I read regularly, responding to the Madison Wisc study:
For-Sale-By-Owners sell for more because agents sell for less | Rain City Guide | A Seattle Real Estate Blog...
Duck bjorn.
Brat is offline   Reply With Quote
Old 06-09-2007, 10:20 AM   #5
Moderator Emeritus
Nords's Avatar
Join Date: Dec 2002
Location: Oahu
Posts: 26,564
Originally Posted by TromboneAl View Post
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, "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.
Nords is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Real estate as an investment wzd FIRE and Money 46 09-30-2008 11:04 AM
Long-term returns from real estate wabmester FIRE and Money 56 11-20-2006 01:38 PM
Poll: Where'd you put the cash from your real estate sale? wabmester FIRE and Money 19 04-23-2006 06:52 PM
Texas Real Estate Tax Rustic23 FIRE and Money 29 02-28-2006 06:27 PM
New with Real Estate question trumpeting_angel Hi, I am... 25 08-10-2004 05:51 AM


All times are GMT -6. The time now is 12:07 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.