“sdrealtor has a point that certain transactions are complicated. However, the vast majority of transactions are straight forward.”
The problem is that you dont know which kind of transaction you are involved in until it is too late. Seemingly simple transactions end up in arbitration every day. I’m not arguing that this is brain surgery, it isnt. However, it is not as simple and NOT as profitable as you think.
I would venture to guess that there are considerably more engineers, stock brokers, car salesman, plumbers etc. earning 6 figure salaries than Realtors. Furthermore, if you took the average after tax earning of realtors that get no benefits, pay both sides of SS tax, all their expenses and only get paid if escrow closes you would be very underwhelmed by the figure the saw. The vast majority (80%+) would make more money working at Target.
