am i better off bein a real estate broker, or a real estate agent to be able to make more money?
2007-03-25 14:59:29 · 5 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Since you are looking to make more money and the market is slow. The one who it making the money is the guy dressed in a clown suit spinning a big arrow pointing to the empty open house.
http://www.breakingbubble.com/
2007-03-25 16:17:02 · answer #1 · answered by Anonymous · 1⤊ 1⤋
Most states require that you are an agent first, and after two+ years then you can study to be a broker. Being a broker means you own the company, and an agent work for a broker. As an agent you have to split percentage of the commission with the broker.
2007-03-25 22:04:48 · answer #2 · answered by Nea'A 2 · 0⤊ 0⤋
In Michigan, you have to an active agent for three years. You then have to take a broker's test before you get acquire a broker's license. Then you can make a commission off of your agent's sells.
2007-03-25 22:38:14 · answer #3 · answered by chris 3 · 0⤊ 0⤋
you are definately better off being a broker. while being a broker you receive a percentage of your employees' real estate sales. what better way to make easy money!
2007-03-25 22:07:15 · answer #4 · answered by Jasmine24 2 · 1⤊ 0⤋
You have to be both. You have to be able to list properties and sell homes, you also have to be able to work with people to find the best property for them. I have never heard of an agent that had so much business they could concentrate on one or the other.
2007-03-25 22:05:40 · answer #5 · answered by ttpawpaw 7 · 0⤊ 0⤋