What happened to the money Realtors made when things were good ?

By
Title Insurance with Pyramid-Home-Inspections.net

There has to be some  Realtors who made money; when money was flowing in the streets for about

about 5 years that are in good shape now.  Are you one of them or do you know of anybody ? Some wise

realtors made alot of money and did not spend it all. They invested wisely and right now are sitting pretty.

Please humor me with your wisdom.

 

David Nasser

951-536-1058

www.pyramid-home-inspections.net

ICC Calif. Certified Residential & Commercial Building Inspector # 8003106

International Association of Certified Home Inspectors # Nachi06032374

Comments (5)

Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

I grew up on a farm.  Some years were lean growing up. But was taught to always prepare for that lean year and be a saver.  Those with savings now are in the driver's seat as they don't have the pressure or giant mortgages around them and live within their means.  My dad always said "You can't have everything going and money in the bank too".   Making money but squirreling it away and not spending all of it or like many living check to check is not something many in rural areas growing up on farms do.  These people never want to be up against it, teach their kids impulse control on spending and to get your money's worth or don't buy..to keep looking. 

Jan 26, 2009 03:55 AM
Diane Daley
Caron's Gateway Real Estate - Northumberland, NH

I invested in myself by purchasing a building to house my own Real Estate company...  Started atthe beginning of the change May 2006 and still hanging in there... 

Jan 26, 2009 03:58 AM
Randy "Lazarus" McAtee
Lazarus Realty - Fresno, CA
Owner/Broker, Lazarus Realty, Fresno California

I find that with 6 kids money has been really easy to spend over the last 9 years.

sometimes the  skinny cows eat the fat cows up - AND ARE STILL SKINNY.

Jan 26, 2009 04:00 AM
Mike Klijanowicz
Cummings & Co. Realtors - Perry Hall, MD
Associate Broker @ Cummings & Co. Realtors

The short answer is that most of the ones who MADE THE BIG BUCKS got ACCUSTOMED TO EARNING THAT KIND OF MONEY and have probably blown a lot of it if they weren't smart.  I personally got into the business at the very very very end of the boom and never really saw a boom at all that benefited me.  But I will be here ready for the next one...

Jan 26, 2009 04:04 AM
June Piper-Brandon
Houwzer Inc - Baltimore, MD
Piecing Dreams One Home at a Time

I've been living off it for 2 years now and used some of it to buy into a franchise of my own. 

Jan 26, 2009 04:22 AM