jp
It should not surprise you to hear this but Realtors are notorious liars about what they earn. They are taught that you need to be perceived as sucessful because successful people want to work with other succesful people. Thats why some many of them run around in leased cars they really cant afford.
During the bubble I worked in what is one fo the best RE offices in SD County. There were a few big producers who have been in the business for years. These folks earned alot of money before, during and after the bubble. They are good business people and always will do so. As for me I did just fine during the bubble years. Not what I would consider extremely well or even very well but I earned a decent living.
You say you know a few realtors who “did extremely well”. I challenge that! Have you seen their tax returns? Even better PM me a name or two and I can look up in the MLS exactly what they sold and should be able to caluculate their approximate earnings. Its a small exercise but if you are willing to do it, I think I can dispel that myth for you once and for all.
