I'll sure miss 'em when they're gone, won't you? And wasn't the internet supposed to disintermediate jobs like theirs away by now? Does someone really deserve 3% on a $500,000 house sale (or $15,000?)
How about we pay them by the hour - say something crazy like $100 per hour. $15,000 / $100 = 150 hours or four full time weeks of work. Think they worked 150 hours to sell that house?
So why did you become a realtor?
1) no job
2) no money
3) no degree
4) needed a profession before 10 year reunion
5) I don't mind nights and weekends
6) When I lie, nobody can tell
7) no idea what to do with my life
8) I own a lot of makeup
9) I like leasing Lexus's
10) hey, beats hooking
December 07, 2005
Funny realtor photos, and musings on realtor pay and reasons to become a realtor
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7 comments:
First part of my post is slighty off topic. My parents were smart. They sold their house in Lincolnwood IL (zip: 60712, adjacent to Chicago) one year ago for nearly three times they value they bought it for in the 1970's. A 2+ bedroom house for 350K! I don't think the bubble is exclusive to the coasts. With that money, they now own a 2-bedroom condo in Paris and a country home in Normandy.
The housing in that neighborhood was in a feeding frenzy. Rich neighbors would tear down a well-built brick home just to build a mansion on a tiny lot. My parents saw their time coming and decided to put their house for sale "by owner". Going through a RE agent would have cost 10,000 dollars! Instead they decided to pocket 5,000 dollars and reduce the price of the home by another 5,000. They sold their house within a couple months, and had ended up bumping the price up at least 20 grand during that time. Unless you're desperate to dump your property, there is absolutely no use in hiring a real-estate agent in a hot market.
isn't housing in paris crazy expensive? did they retire out there?
I'd love to own a home overseas and live there but e.x.p.e.n.s.i.v.e.
I'm not sure *how* expensive, but they don't live in "Le Centreville" which is quite pricey. They opted for a quiet, safe "banlieu" that's close to public transportation. They were smart, and saved and saved. Despite having "ordinary" jobs (accountant and secretary, if interested), they are now living the "good life" in retirement.
It's actually not too bad to own a house overseas, as long as you buy a home in a small village. Often there's just as much to see in the country as in the big city, in terms of culture, history, and natural beauty. It's not at all like being "in the country" as in the United States, where often there's nothing to do. Often the greatest monuments are outside of Paris and major city centers. Mont St Michel, Chartres Cathedral, the Bayeux Tapestry, La Valée des Merveilles come immediately to mind.
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