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7 Real Estate Agent Myths Debunked
I'm sure you are guilty of thinking at least one or more of these myths from time to time or in the past. I think we all have some type of predisposition or stereotype that we think about real estate agents as we do lawyers or used car salesman. But you might be surprised at some of the top myths that many people believe about real estate agents; and then again, you may not.
#1. Real estate agents make too much money. Want to know a secret? The average agent's annual salary is typically less than $40,000 a year. Many teachers actually make more than real estate agents. Until real estate agent has built up a good book of business, which can take several years, they often may have a side job or make very little money. Most of the agents in very large brokerage is close less than four deals a year, which almost no one can live on. Real estate agents have to pay a lot in fees to the office, the MLS, advertising and overhead expenses, which leaves very little to live on.
Side note: this is why you want an agent that is extremely experienced so, ask ... more

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