The wife of a friend of mine is a real estate agent. He tells me that she gets nothing, nada, zilch from her broker. She has to pay for everything, including the office space that she uses in the brokers office. She has to pay for all advertising,
her automobile and her gasoline,,, everything. So, at least in her case, making a profit is tough; she has to sell a lot of homes.
Remember when agents used to brag about being million dollar sellers ?
Selling a million means about making $17,000 gross, not including expenses.
On the surface it seems like an easy job and in some markets, maybe it is.
But I don't think it's as easy as it seems.
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People shouldn't retire unless they know what they're going to do with their time.
Some people, like my Dad, did not plan ahead for all the free time and it drove him crazy; eventually went back to work for a few more years.
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As reported earlier, I took a part time job working for the Pirates and Steelers
on game days; I enjoy it and that's enough for me !