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  #1  
Old 12-19-2005, 06:19 PM
bad beetz bad beetz is offline
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Join Date: Sep 2002
Location: San Jose
Posts: 1,142
Default I\'m actually qualified to respond here

1. I did exactly this. It takes a certain type of person to do this and make a lot of money. If you're not that type of person you're one of the 80% turnovers.

2. I'm pissed ElDbeat me to the Glengarry quotes, so I'm just going to let it pass.

3. Stay out of this market. PM haakee. he will tell you why the peripheral jobs surrounding the housing marked are F'ed.

Basically, most people take these jobs because they get wide eyed at the possibilities. But end the end, the market is flooded with competition, and unless you have 1. You're own personal game (something the company can't give you) and 2. 80+ hour work week freakish drive (I'm talking RE agent slapping herself in American Beaty and listening to self helps tapes) you will sink instead of swim.

The top dogs earn 200K. you won't be able to do this for 5 years, and as an above average candidate (I'm giving you a little OOT props credit here) I still think you have about a 1-2% chance of ever reaching that level.

Stay the [censored] away from this job.
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  #2  
Old 12-19-2005, 06:22 PM
bad beetz bad beetz is offline
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Location: San Jose
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Default forgot to mention

If you do this you need at least a year buffer of funds when you may not make anything. There is ROR (I didn't fully understand but it sounds like commision only. Don't know what that 2K is about)
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  #3  
Old 12-20-2005, 01:34 AM
Mike Gallo Mike Gallo is offline
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Posts: 3,765
Default Re: forgot to mention

Thats what my wife and I discussed.

The same as having the bills paid for a year if I wanted to become a poker pro

There is ROR (I didn't fully understand but it sounds like commision only. Don't know what that 2K is about)

I get paid $2000 a month regardless of whether I sell or not. If I make commission, they take the $2000 from the commission. If I make $6400 commission, I have to pay back $2000. I do not have to give it back if I miss a month.
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  #4  
Old 12-20-2005, 01:49 AM
Mike Gallo Mike Gallo is offline
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Posts: 3,765
Default Re: I\'m actually qualified to respond here

Dude, thanks a lot for the advice.

They appealed to my ego and had me convinced I had what it took to become one of the elite.

Reality took over and I realized, its a tough journey.
I just wanted to run it by some of the best minds I know.
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  #5  
Old 12-20-2005, 01:59 AM
sublime sublime is offline
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Join Date: Mar 2004
Location: Boston
Posts: 681
Default Re: I\'m actually qualified to respond here

I just wanted to run it by some of the best minds I know.

glad i could help mike
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