Any realtors here? Is it worth going into business...

My friend is a realtor and it seems like a shit lifestyle. Most people work 9-5 jobs so they want to look at houses after-hours and on weekends. He's always answering calls on Saturday and then driving 30 miles to show a house to some retard.

Like this:
reddit.com/r/RealEstate/comments/40iv5i/why_i_quite_my_real_estate_job_an_open_letter_to/

I read that last week, that’s what put the fear in my mind.

Buying property to rent or being a property manager for other people seems way more cozy. Just push some papers around, hand out keys once a year, hire people to do major repairs, replace broken appliances, clean out areas, etc.

They're going to have to let up and let the housing market crash completely, like we should be seeing houses the same price our parents and grandparents got to see them
You don't just get to push the majority of the population you live amongst out of their jobs and homes and expect no pushback or something
The stimulus, the unemployment, all weak bandaids to fend off the much bigger problem on the horizon once this rona shit blows over
I'm not saying this a commie fag, I'm saying this objectively as a citizen watching the current events of my country
If any of you are in real estate or are landlords, get the fuck out now while you can

I've been a realtor for some years now. I can tell you it's stressful.

>you get a listing, you are expected to sell asap, but very rarely do people go out buying houses like buying a sandwich. theres gonna be a lot of flaking and your time is wasted.
>competition and sime ball behavior of other realtors.
>if you're retired, i wouldn't recommend it. This isnt a career where you can just slow down and enjoy yourself.
>the job itself is simple, but the process isn't, you're fighting for scraps with other hungry for sucess people.
>be prepared to work 7 days a week and spend every waking minute of your life thinking about it.
>once you get into it, the work becomes addicting because you think you might have a deal and receive a fat paycheck, but nope.

i still work as a realtor, why?. I don't have any fancy training or education. And i always think i might have a deal tomorrow.

Anyone else thought about getting the license just to buy personal property or save money for friends / family? Seems like every close group of people should have at least 1 realtor in it just to keep the money in the 'family'.

What % do you charge? Are you in the US? What do you think of the state of the market over the next 5 years?

dont forget the stupid open houses, and making stupid comparables lists and schedule viewings for retarded picky buyers. basicly working 24 hour with no guarantee pay.

>had a buying client troll the shit outta me for 2 years and never bought anything.

standard 3%, but sellers are nice to offer me 5% sometimes, NYC.

market is very good even during the covid thing. people want to buy but they just wanna keep waiting for prices to come down, meanwhile some suburbs are going over asking.

if take a real professional to help you save alot or make of money from the properties.

Man I really wish that was the case but every sign points to otherwise. Negative interest rates, mass immigration.
Major cities in Canada are already at the point where poos are living 5 families to a single home just so they can afford to buy a million dollar shitty home, the trend shows no sign of reversing and America is already deep into globalism.
The only way this trend reverses is for a few decades of nationalist economic policy and zero immigration.

best tip i can give if you plan to invest
residential >commercial.
multi senpai>mix use

single senpaitachi are trash

It is fucking stressful
I’m in one of the hottest markets in the country and shit is still tough
10+ offers on a lot of houses mean your dumbass buyers lose out
It’s the case in a lot of cities though
This shit can’t be sustainable. We have to be on the cusp of a crash
With that said, interest rates are so fucking low that it’s tempting to buy

i only stick with being the listing agent, i'd rather have my listing agreement expire than to follow clowns for an entire year with no fruit.

Yeah I don’t deal with people on that time frame unless it’s new construction
But the 300-400k range for buyers is fucking tough these days

Could you poke holes in my idea of getting my real estate license 'for the boys'? Assuming I have no experience or knowledge of real estate at all. Are the savings / extra profits made from superior salesmanship, timing, regulatory knowledge, etc? Thanks for giving good replies on this wasteland of a board.

I feel like it's gonna come a lot sooner than that with Corona Chan accelerating everything
once 2/3 of the american born population has been reduced to living with their parents, homeless, or are prostitutes and start noticing that all the new euros, jeets, asians and beaners are the only ones getting all the housing and luxuries things will get ugly
Also I tried to mention this to a friend the other day but I think his hippy girlfriend is reducing his brain to coomy mush, because while he used to understand that H1Bs were pretty much the sole reason he couldn't get an IT job he wanted now he's telling me that immigration somehow helps our economy
Idk what kind of niggerfied shit happened to his brain, but it doesn't take a genius to figure out that limited things like food, housing, and jobs become scarce when you add to the population it's for infinitely

Property and being a realtor is bad risk / reward. Clover42 fixes this.

the license is easy to get, little money invested and time invested too.

>when you start, you'll probably want to do rental, atleast that cover some gas fees or something.
>on your spare time, attend open houses, either as prospecting agent or as pretending to be window shopping.
>make alotttta friends, be a sociopath, be helpful.
>when you sign up at an office the broker obviously wants you to suceed, ask him for advice.
>never ever let other agents in the same office use you, you are competition, the only friend in the office is the secretary or broker.
>knowledge and experience within you first few deals
>the real winners are the ones who are "creative" in handling the deals and the clients.

you as a realtor do get paid base on your knowledge regarding how to get a mortage, to how to file paperwork with the county. its not like selling a car, guys pays and off he goes.

in short being a realtor requires more than just being a charmer, it requires financial administration knowledge, architecture knowledge, interior/exterior design.

it's nothing like the stupid tv shows about real estate brokers selling mansions and sipping martinis.

This market needs to crash please for the love of god. I'm 24 and want to buy a house, but these people want $400/sqft for a 100 year old house 45 minutes from town. The median home price in my city is 6.7x the median income.