InsanePeopleFacebook

Do you think a house gets sold every day,

Please point me to where I said "every day". Pretty sure I said "less than 1 a month". Far from "every day".

or that everyone ends up buying?

Uh...

They probably had 50 other clients also during that time. My point with that statement was originally that the "hours of work" you think they did for you... They weren't working just for you. And the one sale that took you months... They likely had several other sales in that same period of time. Agents that I've worked with in the past were working with upwards of 20-30 showings at any given week. If only 1% of that yields a sale then it's about (gasp) ~1 sale a month! [52*~25*.01=13]

Or that they even get that $15k as take home?

Never said take home either. But if I make 1 sale a month... and I get 15k out of that sale... and after everything is done, walk away with HALF... 7.5*12 = 90k... That's STILL MORE THAN MOST PEOPLE. My point has literally not even close to changed.

On average, most agents are making as little as $60k/yr and as high as $100k/year, region dependant.

And? If your pulling those numbers from BLS or similar sources... You're missing the fact that all of these realtors work under LLCs and that the 60-100k is take home. Which ignores that the LLC owns the car they drive, the cell they use, the miles they drive, etc... My own LLC does the same thing. I take home 80k, my company pulls in 160k, but a good chunk goes to operating costs and the rest sits in the company to grow it(or if contracts dry up, the continue operating until I can obtain new ones). They're doing the same shit. They have access to the added funds.

Above that $100k mark is the top quartile, and above $130k-ish is going to be the top 10%.

Duh? Those that make more than one sale a month! Almost like I already addressed this.

It’s not as lucrative as you think it is.

It's exactly as lucrative as I think it is. And all your "Arguments" to change my opinion fall flat at best. Show me realtors who only make 1% or less per home they sell (keep in mind that this is still "JUST" $4,951 per home on average) and I'll shut the fuck up. Until then you're wrong. And if you're going to tell me that I've said something I didn't say again... I'm just going to block you.

And BTW...

https://www.homelight.com/blog/how-many-homes-does-a-realtor-sell-a-year/

According to NAR, Realtors completed a median of 12 residential “transaction sides” in 2022. Keep in mind that transaction sides are not a strict measure of homes sold. An agent earns a transaction side when they help either a buyer or a seller close a sale.

So my "One sale a month" was dead on accurate.

And it also turns out in that same link... the BLS data would be severely tainted by one simple fact...

Part-timers and hobbyists sell fewer homes
Compared to the high flying agents on reality TV shows, it might surprise you to learn that Realtors worked a median 30 hours per week in 2022, according to the NAR, and made a median gross income of $56,400. However, these figures also account for Realtors who don’t pursue real estate as a full-time job.