There's a good article on Slate.com about why real estate agents aren't getting rich from the current housing boom. I love the last line :-)
Friday, August 26, 2005
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Here is where I detail my adventures in real estate. It's meant for people who want to get into this investment area but need some encouragement, help, or just a general push in the right direction. Hopefully, by detailing all my experiences, you'll see it's really not that difficult or scary.
About Me
Blog Archive
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2005
(168)
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August
(26)
- Old Neighbor in Preforeclosure
- Buyer's Inspection Notice
- Article On Why RE Agents Aren't Getting Rich
- Building My Company's Credit part 2
- Building My Company's Credit
- Meta: A New Record!
- Yard Violation Cleared Up
- Meta: Comment Spam
- Now The Paperwork Begins!
- Yard Is Clean!
- Psychology Of MLS Listings
- Moving Forward With Sale
- House Is Sold!
- Need New Cabinets In Phoenix?
- Offer Fell Through, But New One Received
- Offer For House!
- Cabinet Costs
- Yardwork Revisited
- Cabinet Photos
- The $13,000 Phone Call
- House Is Listed!! (Updated)
- Guess What?
- Third Time's The Charm For The Hinges?
- Turns Out, It's More Than A One Day Delay
- A Call To End Tax Free Gains On Real Estate
- One Day Delay
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August
(26)
Key Posts
- Get my ebook!!
- The long story of how I got started
- Another step done... and more about getting started
- It's done! Here are the final results
- Final Results For House 11
- How To Get Started In REI For Under $400
- Step by step guide to buying preforeclosures (and birddogging)
- How To Ensure You Get The Best Rates Possible
- Phoenix BirdDogs / Wholesalers Wanted
4 comments:
Makes sense. Two of my Intel buddies got their California licenses and they both still have their full time jobs.
I think RE agents that are RE investors themselves can make $$ or if they work with RE investor. We have an agreement with our RE agents if they brings us leads we'll agree to list it with them, assuming we get it at the price we want.
Oh BTW, I changed my web URL, I moved Sixth World Investments to "D"igital Breakfast, its new addy is www.dbreakfast.com.
Regards,
Tom
So when the bubble does deflate (or the mini froth bubbles deflate), you'll find a lot of second tier (and third and fourth) RE agents in a little bit of trouble...
The last line is classic.
Gee, if only I'd known it was so easy to make money in real estate.
Now that I know, I think I'll go out and flip four or five tomorrow before lunch.
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