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Old 07-21-2023, 01:12 PM
 
Location: Sarasota/ Bradenton - University Pkwy area
4,619 posts, read 7,539,060 times
Reputation: 6036

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University professors, unlike real estate agents, do not have to guarantee success in their jobs in order to get paid. The vast majority of real estate agents income is commission based. I read a statistic that claims 25% of current Stamford graduates are earning $41,600 per year or less in year one and two post graduation and carrying about $38,000 in student loan debt.

The U.S. education system is not held accountable for ensuring that students are properly equipped with the skills and capabilities to prepare for a career in the workforce where they can obtain financial stability. Which explains why more and more employers are claiming college grads applying for entry level workforce jobs are not prepared.
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Old 07-21-2023, 01:29 PM
 
844 posts, read 420,248 times
Reputation: 1434
Quote:
Originally Posted by Sunshine Rules View Post
University professors, unlike real estate agents, do not have to guarantee success in their jobs in order to get paid. The vast majority of real estate agents income is commission based. I read a statistic that claims 25% of current Stamford graduates are earning $41,600 per year or less in year one and two post graduation and carrying about $38,000 in student loan debt.

The U.S. education system is not held accountable for ensuring that students are properly equipped with the skills and capabilities to prepare for a career in the workforce where they can obtain financial stability. Which explains why more and more employers are claiming college grads applying for entry level workforce jobs are not prepared.
University Professors, like most employees, just need to do well in an interview to get hired in order to get paid. Afterwards, they can just do the minimum to not get fired.

RE Agents, just need to talk a good game to get the listing. Afterwards, just go through the motions to get it sold (in a seller's market like today) and get that 2% - 3% commission.

How's that for dummy down simplification?
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Old 07-21-2023, 01:39 PM
 
Location: Coastal Georgia
50,374 posts, read 63,977,343 times
Reputation: 93344
I understand that it is very expensive for the realtor to be able to market a property. Photography, etc. There must be a lot of money spent on listing properties that don’t sell within the time frame, and the agent gets nothing.

We went through 3 agents before our last house sold. I felt bad, but they didn’t get results.
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Old 07-21-2023, 01:46 PM
 
844 posts, read 420,248 times
Reputation: 1434
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Originally Posted by gentlearts View Post
I understand that it is very expensive for the realtor to be able to market a property. Photography, etc. There must be a lot of money spent on listing properties that don’t sell within the time frame, and the agent gets nothing.

We went through 3 agents before our last house sold. I felt bad, but they didn’t get results.
I had a property that was on the market for only 3 months but I withdraw the listing because I wanted to move in to be closer to my new job. The realtor asked for the reimbursement of her expenses, including photography which was $500.

Then I turned around and put my primary residence on the market and that only took 3 days to sell.
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Old 07-23-2023, 06:58 PM
 
558 posts, read 434,946 times
Reputation: 1769
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Originally Posted by Threestep2 View Post
Do FSBO. Then start posting your problems.
I just did a FSBO because the neighbor wanted to buy the property. I honestly wouldn't do it again, but that is largely because of my inexperience and personality.
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