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MAJOR PROBLEMS RUINING THE REAL ESTATE INDUSTRY

By
Real Estate Agent with Exit Realty Tri-County

1. Fickle Future...you are only as good as your last transaction

2. Lack of Instant Financial Gratification...60-90 day billing

3. Lack of Positive CASH FLOW...big gaps between pay days

4. Its a Present Tense Business...when you stop, it stops

5. You Have No Financial Leverage...building a financial future one step at a time is difficult

6. Ego Driven Business...everyone looks out for 'Number One'

7. Inhibition...'cold calling' is not easy for most real estate agents

8. No Real Appprenticeship...very little "Pass Me Down Wisdom"

9. Desk Fee Dilemma...No one wants to pay desk fees, particularly the interest on outstanding desk fees

10. It All Depends On YOU!...You're in the business for yourself and unfortunately by yourself

 

What if it didn't have to be this way?

Comments (2)

Kevin Robinson
Twin Falls, ID
Fractional Developer
Rebekah is does not have to be that way.  Check out my first blog.
Mar 20, 2008 03:04 AM
Rebekah Peters
Exit Realty Tri-County - Mount Dora, FL

Keven thank you for sharing...just a litte curious. Why is the system so complicated? Why aren't you earning 10% of every person who you invite to come work for your company?  And are your residuals inhancable, convertable, and portable even after you retire?

On a personal note! I was born in Twin Falls what a small world. Actually I was born in Hansen, ID just a couple miles out of town.  My fathers side of the family are all still located there.

Mar 20, 2008 03:37 AM