They can alway go out to the mines and earn 100k plus!
You need some sort of tradie skill to do that.
They should be flipping burgers at Hungry Jacks.
stinkbug omosessuale Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments. Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck! See here Property will be 50-70% off by 2016.
I read this article just over 6 months ago and of course it's completely unfair to denigrate the profession. This is a sector that's been particularly hard-hit by the GFC and is still reeling to this day, with agencies closing their doors or being taken over, and agents still leaving in droves.
Few people are making money in real estate at the moment.
Once excellent agent I know sold over $1 million last month and made nearly $10,000 from that, but then had to pay back 6 months' of fees and charges. She was on the leaderboard at her office and yet she's made less than $1,000 a month for all the blood, sweat and tears.
It is definitely not easy being an agent. The detail that must be attended to, the regulatory responsibilities, and the plain nastiness of dealing with some people who are out to rip off the seller if they possibly can, makes it a very stressful job. Add to that the ridiculous hours they're expected to work and you have a role so unattractive that it's a wonder anyone would take it on.
My agent friend quit her job last week because she's making more in her own little part-time business than she ever did working her gizzards out in real estate, and no-one's into her paycheck for fees and charges.
I think it's a rotten industry, but not because of the people, who are in generally incredibly ethical, skilled, and hard working. I sympathise with anyone stuck in a real estate job, including agency principals.
Normally I would feel pity for people who are down on their luck.
This empathy is extended to REA's, but not a great deal of empathy available I'm afraid.
There are just too many other people who have lost their jobs to offer a great deal to the REA's as well.
Many REA's I have dealt with were nice enough. That does not mean they automatiaclly deserved to earn a massive income. Their services are over priced and when it became obvious when the REA industry was booming, far too many people flooded into the business hoping to make their fortune with great commissions on large volumes of turnover.
This is a new era, and perhaps, it's time for REA's to have a far lower income more commensurate with the work and training required to actually do the job.
I know of people who work really long hours as nurses saving lives and get paid rubbish money compared to many REA's that I met. Who is to say the REA's deserved more money than the nurses just because they could close a sale ?
I read this article just over 6 months ago and of course it's completely unfair to denigrate the profession. This is a sector that's been particularly hard-hit by the GFC and is still reeling to this day, with agencies closing their doors or being taken over, and agents still leaving in droves.
Few people are making money in real estate at the moment.
Once excellent agent I know sold over $1 million last month and made nearly $10,000 from that, but then had to pay back 6 months' of fees and charges. She was on the leaderboard at her office and yet she's made less than $1,000 a month for all the blood, sweat and tears.
It is definitely not easy being an agent. The detail that must be attended to, the regulatory responsibilities, and the plain nastiness of dealing with some people who are out to rip off the seller if they possibly can, makes it a very stressful job. Add to that the ridiculous hours they're expected to work and you have a role so unattractive that it's a wonder anyone would take it on.
My agent friend quit her job last week because she's making more in her own little part-time business than she ever did working her gizzards out in real estate, and no-one's into her paycheck for fees and charges.
I think it's a rotten industry, but not because of the people, who are in generally incredibly ethical, skilled, and hard working. I sympathise with anyone stuck in a real estate job, including agency principals.
I'm sure there are those in the industry, but they are few and far between. I have only met one in the last seven years (one that I can hold my hand on my heart and recommend to my friends/family), but unfortunately he is based in the regional area.
I went to a musical comedy called the "Urban Display Suite" last month, by the Melbourne Theatre Company. They summed up the profession nicely - "it's a white collar job for the blue collar brain".
The industry doesn't attract talents - compounded by the culture of the industry - which uses information asymmetry and scare tactics as negotiation mechanism.
The incredibly ethical, skilled and hard working agents you mentioned, will do okay.
THE real estate sector is in the grip of a white collar crisis - more than 200 workers have been made redundant across the industry as deals collapse and development projects dwindle.
Job losses are tipped to swell as companies look to cut costs to reach earnings forecasts. it is affecting not only back office staff but finance directors and senior management. Even chief executives are being forced to take pay cuts and work under tighter incentive pay regimes.
The trigger has been the reduction in large transactions and the weak conditions in construction and residential development.
Because many of the staff have been given redundancy packages they are unlikely to be eligible for government benefits so the numbers will not appear in the national employment statistics.
Recruiters say this is worrying as it will send a false message that the economy is performing better than it really is.
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