Marion if you are looking for a way to possibly supplement your income you may want to consider real estate as something you can do at your own pace when you have time. If you are looking at it as a full time service then I would pass on it. I work alot. Between my engineering work and real estate I put in 60 hours easy in a normal work week. When it gets busy for me in the spring and summer that number goes up.
Alot of realtors who have established relationships with lenders are doing very well. They get all the listings without having to deal with sellers. What can be better. Also as always, realtors who are doing work such as open houses, going out and meeting people, marketting themselves, (which for some reason, people on piggington frown on that) and working hard will have the best chance of getting business.
How long has your friend been in the business? Who does he work for? Has he had alot of transactions?
BTW Powayseller who used to post here all the time is now a realtor. Also she just send me an email that she and Bob Casagrande are having a seminar in Carmel Valley about buying foreclosures!
Personally, I am on my 5th year and it is not bad. Again, I wouldn’t recommend it full time but that is just my choice.
