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| Career Opportunities Job offers, franchise opportunities and positions available in the real estate industry. |
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04-29-2005, 11:06 PM
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#1 (permalink)
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Status: VIP Real Estate Forum Member
Join Date: Apr 2005
Posts: 1,008
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Starting up.
I've been told that it's a good idea to have 6 months worth of income saved up before starting as an RE agent. I don't have that kind of savings and I can't afford to be without an income for any initial extended length of time. Are there any brokers that pay a base salary to get you started? What are the keys to starting without any money? Can it be done successfully?
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04-30-2005, 01:14 AM
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#2 (permalink)
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Status: SEO Expert
Join Date: Apr 2005
Location: Hilton Head Island, SC
Posts: 408
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Many brokerages pay a small salary ($20k-$25k annualized) for a period of 3-12 months. During that period, you can earn commissions at a reduced rate. Most likely you need to commit to a 1-2 year contract as a full time agent.
Usually you find a deal like this at the larger real estate firms. They also usually supply a good deal of training before you show your first property or take your first listing.
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04-30-2005, 09:46 AM
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#3 (permalink)
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Status: Administrator
Join Date: Apr 2005
Posts: 2,092
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Quote:
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Originally Posted by Las Vegas Homes
I've been told that it's a good idea to have 6 months worth of income saved up before starting as an RE agent. I don't have that kind of savings and I can't afford to be without an income for any initial extended length of time. Are there any brokers that pay a base salary to get you started? What are the keys to starting without any money? Can it be done successfully?
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Las Vegas...having a base is nice...However having pre-qualified leads provided to you daily is another way of having a base...usually the larger firms DO NOT have a lead system other than your own network! I would much prefer to have the leads provided!!!!!  Then the sky is the limit! |
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05-02-2005, 08:36 PM
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#4 (permalink)
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Status: Moderator
Join Date: May 2005
Location: Portland, OR
Posts: 479
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None of the firms here in Oregon provides any leads nor base. So it's really tough. However, the more reputable commercial firms tend to pair you up with a big cheese as assistant where they'll feed you some crumbs. I know a guy who earns $250k in his first year.
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05-02-2005, 10:52 PM
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#5 (permalink)
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Status: Junior Real Estate Forum Member
Join Date: Apr 2005
Location: The Beach
Posts: 22
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But, dont they give you floor time and free coffee. isnt that why people join major franchises. forget crumbs bro, its a free for all in the digital world, let the old dogs try and learn new tricks.  |
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05-03-2005, 09:59 AM
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#6 (permalink)
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Status: Moderator
Join Date: May 2005
Location: Portland, OR
Posts: 479
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STVP, who you calling 'old'. |
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05-03-2005, 10:00 AM
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#7 (permalink)
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Status: Moderator
Join Date: May 2005
Location: Portland, OR
Posts: 479
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Yes, floor time and free coffee. And don't forget about the donuts.
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05-03-2005, 07:20 PM
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#8 (permalink)
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Status: Administrator
Join Date: Apr 2005
Posts: 2,092
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Thats right and every so often after the Sales Meeting you might get left over Pizza! |
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05-03-2005, 08:00 PM
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#9 (permalink)
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Status: Moderator
Join Date: May 2005
Location: Portland, OR
Posts: 479
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You get left over Pizza? Where do I sign up?  |
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05-07-2005, 10:55 PM
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#10 (permalink)
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Status: VIP Real Estate Forum Member
Join Date: Apr 2005
Posts: 1,008
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Portland RE, so your saying if you work with a high producer, you will more than likely work with his overflow of business?
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