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Learn Real Estate. How Hard Can it Be?

Posted on May 4, 2005 by dailyheights
15 Comments Leave a comment

learnre.jpgsje writes: “Why should I knock myself out, when for a lousy $200 and a week of my time, I can be pulling in fat commission checks for selling million dollar condos?”

Shot on the corner of Pacific and Vanderbilt.

Categories: Photos, Real Estate
Notice: This work is licensed under a BY-NC-SA. Permalink: Learn Real Estate. How Hard Can it Be?
Overheard in Prospect Heights
[FOUND] Odd Books and Pamphlets, Part I
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Last reply was January 10, 2006
  1. 11238
    View May 4, 2005

    I bet Corcoran’s Park Slope and Bklyn Heights offices graduated from there…..

    Here are some things they probably learned over the course of a week:

    Make sure to show properties that are at LEAST 30% over the buyers budget
    Do not say thank you for commissions under $50,000 per property
    Do not call ANYONE back unless a sale (or a transfer of money to you) is involved

    (I’m not bitter)

    Reply
  2. rita, a corcoran broker's wife
    View May 4, 2005

    11238’s comments are almost as undiplomatic as the “overheard” story above (but somehow not as funny?).

    like any service industry, real estate brokers are not all alike.

    (i’m not defensive)

    Reply
  3. 11238
    View May 4, 2005

    Rita, its called an opinion. Lighten up…..

    Reply
  4. dailyheights.com
    View May 4, 2005

    Rita, I would guess a lot of PHers have an opinion like 11238’s. It’s the biggest seller’s market in recent history, so buyers are bound to feel bitter. The brokers I spoke with were universally nice, cordial and helpful–but often were generally uninterested in following up with me.

    Reply
  5. DeeDee
    View May 4, 2005

    The Corcoran broker that we used to buy our co-op was a bit bumbling but very appreciative of the commission. We even got a $100 Target gift certificate from her for Christmas.

    Reply
  6. sje
    View May 4, 2005

    Why can’t anyone just laugh it off? It’s a JOKE, A FREAKIING JOKE! 11238 was KIDDING!!!!!!!

    Reply
  7. rita
    View May 4, 2005

    11238, thanks, i’m actually feeling light as air… just presenting mine as well.

    i’m just offering the DH community (which i love!) another perspective to consider: a possible reason that brokers may have difficulty following up is that they can get 30-100 calls and emails a day, and as you can imagine, it is impossible to follow up with everyone. it’s a frenzied market… imagine a restaurant that just got slammed: each customer has to work a little harder to get a server’s attention.

    hope that perspective helps folks in dealing with brokers.

    🙂 (

    Reply
  8. rita
    View May 4, 2005

    that was supposed to be a smiley at the end of my email… ya know, to prove that i was being light.

    Reply
  9. dailyheights.com
    View May 4, 2005

    It looks like a smiley doing jumping jacks. I got it, though. 8-D

    Reply
  10. rita
    View May 4, 2005

    oops, just saw sje’s comment… um, sorry to inspire ALL CAPS FAUX-CURSING comments… i didn’t mean to. hoping we can all just get along.

    for the record, i think the photo and sje’s caption are hilarious… i think the same thing when i see that sign (there’s one at the manhattan bridge entrance too).

    ok, over and out.

    Reply
  11. Criminal Minded
    View May 4, 2005

    WOOOO… I was in a now where job, living in a one bedroom apartment, but thanks to “$200 Dollar Real Estate Classes” I now live in the Park Slope and have a huge yacht. Just look at all these beautiful babes !!! Thanks $200 Real Estate Classes.

    Reply
  12. Tina
    View May 4, 2005

    I actually took this course and it was GREAT!!!! My friend dragged me along and I was soooo shocked of everything you learn in the course and how great the Real Estate market is now. Just in case if anyone is interested the name is Express Real Estate School

    Reply
  13. amy
    View May 5, 2005

    Believe it or not you can get take a real estate salesperson class almost anywhere for between $200 and $400. Check out NY Real Estate Institute (nyrei.org) or Hunter College’s Continuing Ed program, among others. You have to be sponsored by a real estate brokerage to get your license, and you will be a salesperson, not a broker. To be a real estate broker, or a mortgage broker you have to take additional classes. I looked into this at one point as a possible hold-me-over type of job when I was pondering an entrepreneurial move, and even found a broker to sponsor me, but the income potential in the first years is too unpredictable. It’s recommended that you have a substantial savings to get you by while you’re waiting to make sales, or in between sales.

    Reply
  14. Emily
    View May 5, 2005

    I can’t say we had a good experience with Corcoran. That said, they’ve got a bit of a strangehold on the market so Brooklyn is stuck with them, and we might have had an equally bad experience with anyone else.

    Reply
  15. Rodney Ward
    View January 10, 2006

    Real Estate it’s very easy to get in but very hard to stay in. Only, someone who has been in RE Sales for awhile can understand the hours upon hours of learning, not to just get your license but to learn about the industry, such as the laws and market conditions. Not tomention the hours upon hours of prospecting, establishing a name for yourself, and making a good living.

    Reply
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