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Old 11-13-2008, 12:55 AM
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Default Can you make good money as a real estate agent/broker in Manhattan?

I'm a dental student at NYU with 1 year left of undergrad and 4 years of graduate school and it's just so draining. I was watching something on tv about a girl who moved to NYC, went to some real estate school for a few months, and got a job as a broker. She made over $300,000 her first year and makes more and more every year. It's just so tempting.. I am so in debt from loans for NYU (about $60,000)

So my question is, how realistic is it to think I can be successful at this? I know it's very competetive. What are the chances of making a good salary as a real estate agent/broker? And by 'good' salary I mean anything over $60,000.
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Old 11-13-2008, 12:59 AM
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You can make good in real estate anywhere and you can go broke in real estate anywhere. It all has to do with hard work, luck, and a lot of other things. Even experienced realtors who have been in business for years are having a hard time right now.
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Old 11-13-2008, 08:47 AM
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Quote:
Originally Posted by unlvstudent View Post
I'm a dental student at NYU with 1 year left of undergrad and 4 years of graduate school and it's just so draining. I was watching something on tv about a girl who moved to NYC, went to some real estate school for a few months, and got a job as a broker. She made over $300,000 her first year and makes more and more every year. It's just so tempting.. I am so in debt from loans for NYU (about $60,000)

So my question is, how realistic is it to think I can be successful at this? I know it's very competetive. What are the chances of making a good salary as a real estate agent/broker? And by 'good' salary I mean anything over $60,000.
So I guess you mean you are in pre-med student, and going to apply for dental school right?
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Old 11-13-2008, 08:50 AM
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You can lose your shirt trying to sell real estate in NYC these days.

If you don't want to go to graduate school right away, ask about postponing admission and get some work in a research lab at one of the NYC medical centers.
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Old 11-13-2008, 10:00 AM
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Wouldn't being a rent broker be smarter now. I mean I believe you could do both but mostly concentrate on rentals. Not too many people buying right now.
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