I moved to a new city and need a job. I am looking to get licensed in real estate or insurance. Which one is better and more lucrative?
2006-08-20 16:19:07 · 0 answers · asked by Amina 4 in Business & Finance ➔ Careers & Employment
Having done both, I can tell you that both can be very lucrative if you are an extrovert and committed to long hours and hard work. Of the two positions, I liked insurance better mainly because my day was generally over by 5:00 p.m. Real estate kept me busy in the evenings (people who work can't see the property during the day in most cases) and on the weekends (you'll be expected to take a turn for those Sunday Open Houses). If you really want to do better than real estate or insurance though, do what I did: get your Series 7 license and become a stockbroker. You'll be able to sell a wide variety of investments... and you can still sell insurance as well when you are properly licensed.
2006-08-20 16:35:02 · answer #1 · answered by Mike S 7 · 1⤊ 0⤋
Since selling a tangible item like real estate is always easier than selling an intangible item like insurance, I would go for real estate. As far as which one is a more lucrative business venture, it all depends on you and your sales abilities. Good luck with either choice.
2006-08-20 16:31:28 · answer #2 · answered by j_auggie 1 · 0⤊ 0⤋
It depends on what you want. Real estate can be good, but you will need to be available almost 24/7. Insurance is going to be more steady, with more regular hours! Once you get established in insurance, you have a base income to work with, in real estate, it is feast or famine!
I would suggest that you get your Property and Causality License first.
Good Luck!
2006-08-20 16:30:31 · answer #3 · answered by fire4511 7 · 0⤊ 0⤋
Ive done both and done well in both. Insurance commissions are quite a bit less than mortage loans and realestate. Plus you lose alot of money when your client cancels their policies(known as chargebacks-yuck!!!) If you want to be successful in Realestate, you MUST learn the finance side first. With house prices at a high, you'll have problems selling the properties if you dont know how to strucuture the deal. Lastly, don't listen to media and friends about the so called market change, houses will always sell, just not as fast. If you are in SoCal, look me up...
2006-08-20 18:37:56 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Real Estate, you may have to work a little ahrder at it to make the $$$$ but I think it would be more rewarding. You are helping people find happiness in their home. Insurance agents are really just robbing people of their hard earned money of which they will probably never see any return on.
2006-08-20 16:27:43 · answer #5 · answered by ploobis 3 · 0⤊ 0⤋
Real Estate
2006-08-20 16:24:19 · answer #6 · answered by dccuttie75 6 · 0⤊ 0⤋
It depends on the city to which you moved. Insurance is a hard sell. My father, who later started selling air time for television then owning his own Spanish language station started out selling insurance. When I tell you he could sell ice to Eskimos, he could. He could not sell insurance. 8 months and the only sell he had was to my eldest brother. Whatever you decide, good luck.
2006-08-20 16:26:39 · answer #7 · answered by Richard B 3 · 0⤊ 0⤋
Insurance is always needed & does not depend on market fluctuation.
2006-08-20 16:25:08 · answer #8 · answered by amglo1 4 · 0⤊ 0⤋
bonesetter is a stupid judgemental person who's a little bit crazy in it's (i do believe you're inhuman) answers. Don't answer if you're not going to answer the question asked....stupid!!
2006-08-20 23:49:21 · answer #9 · answered by djat20 2 · 0⤊ 0⤋
Fluffer in hardcore porn is more socially acceptable than either.
2006-08-20 23:45:09 · answer #10 · answered by bonesetter 3 · 0⤊ 1⤋