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Asked by Anonymous
Asked 4w ago
Is being a real estate agent not as profitable? Which is more lucrative?
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Relative easieness to sell a policy than a property in general
When economy not doing well, its harder to convince people to part money to buy into an investment (property) whose return is not guranteed as compared to a guaranteed return (albeit much lower) by an insurance company
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To add on to the answers here, the Real Estate Salesperson (RES) course is known to be difficult (can you imagine having to understand Land Law?!) and has a relatively high failure rate. This may be one small factor why people are averse to taking up the profession.
Having said that, it's also a relief to know that the barriers to entry are high - and this helps to ensure that the quality of agents moving forward is kept high!
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Top Contributor (Nov)
The profitability of a career depends on the amount of hard work that you are willing and able to put in. At the end of the day, no lunch in the world in free.
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Top Contributor (Nov)
Not many property agents??? Every day I come home there is a couple of flyers stuffed against my door/gate for some property agent promising riches....
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