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Originally Posted by 6thGear.
Eons of pages ago I wrote associated costs with being a realtor so I'm not gonna rehash that. Although the 1 thing most people won't realize is an agent is constantly spending. An agent isn't going to make commission and then sit at home. It's back out there out and about which means spending money on potential clients/prospects. Secondly this isn't a "hey its payday this friday". You never know when the next commission cheque is coming ( I get it, not anybodys problem really). Thirdly, all these agents leasing new cars and such. They all have saved up money (or be rich in general) before stepping into the industry. You're not going to get rich right off the bat leasing a new luxury car first year in, hell, I'm still driving my 9 year old Audi S4 and no client has ever looked down on me because of that.
When I have time, I'll post this part up, but REBGV did a stats survey. An agent in the GVRD does average 4 deals a year/$35k commission annually. The rest "10% Medallion agent" makes minimum $150k annually. So some food for thought or discussion lol.
The possible change that could come is lower selling commission fee for sellers, but buyers will have to pay buying agent out of their own pockets.
You would have known at listing signing what his potential commission would be. Quite easily you could've negotiate that.
You didn't pay for his time or "effort". You paid for his knowledge.
No. It's not realtors gatekeeping. It's the real estate board.
You're correct. 8am or 11pm. Better answer the phone. Or at least send a quick text back. I've been on the phone with an auntie client from 1130pm - 2am before having her talk my ear off. Did I get her listing? YES. Did I sell within her time allotted and price expectations?
YES. Was she extremely happy with me? YES. But what she really valued was my time and listing ear being her confidante. To her that's invaluable.
You don't need a new leased car to have a vehicle write off. Capital cost allowance allows paid off cars / financed cars to be write offs.
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It’s a sales job. Like any other sales job you’ve got to grind to continue to get work and clientele.
The downside for more realtor is they don’t have any education or experience that most “professional” sales people have