National Home Furnishings Month on September, 2024: How much does a real estate broker make from a sale?
September, 2024 is National Home Furnishings Month 2024. Monica Pedersen named National Home Furnishings Month spokesperson ... National Home Furnishings
As an Amazon Associate I earn from qualifying purchases.
I assume you are not in the real estate business.
Our earnrings are dependent upon a number of things, like the gross commission, the house split, and the cost of operating their busines.
Websites cost money to develop, design, maintain, and update- I wonder who people think does that, if they realize it is not free? They are in fact paid using revenues from commissions received. The cost to operate a car at $3.00 per gallon for fuel, the cost to insure, the cost to buy the vehicle, and maintenance is not cheap. Other costs include errors and emmissions insurance, cost to maintain a computer base, cost of computers, buildings to meet clients and its furnishings, cost to keep records according to the state of licensing, the MLS services (which with a Realtor is the greatest way to look for real property), cost of education (yes it takes knowledge to go thru the process), licensing fees, taxes both personal and real property.
There is a gross misconception that all we do is ride around in Cadillacs and show houses. This is far from the truth. The average real estate licensee earns about $44,000 annually, selling an average of 14 homes. People from the health care or teaching industries seem to do well in real estate. While there are cut-rate companies out there is is unrealistic to expect to save a ton of money using a minimal service company. You will pay in the form of lost market time and additional payments on the house you want to sell or lost opportunities. Most "discount" brokerages I have known went under within 18-24 months, while some made it to 36 months. The internet has helped those of us in the business to be more efficient and speed the home buying process for all.
Many of us are Realtors, members of the National Association of Realtors. We many times end up as financial or family councelors, helping people through difficult times. We help people locate jobs or the special home they always wanted. We volunteer to build houses (Habitat for Humanity), volunteer to host homeless shelters like Room in the Inn (yes I've hosted a few), and are members of fine clubs such as the Rotary (my personal choice), Jaycees, Lions, and more. We fight to keep the tax deductibility of home mortgage interest and improvements in FHA/VA home loan programs, thereby helping more people than ever buy homes. We raise money to help people who suffer unfortunate emergencies. We attend church, participate in school events and help improve neighborhoods. We're seen at Wal-Mart, restaurants, movie theaters, walking down the street, at day care centers, football, basketball, baseball and soccer games and other places.
We do the best we can to make the selling or buying experience smooth and pleasant for all involved. We help write letters to clear up credit report issues, and explain the terms contained in sale and purchase agreements using terms easily understood. We do all we can to see that everybody gets a chance to own the American Dream: their own home. Some of us volunteer to teach at local schools or speak as guests speakers at the local college for free.
There are some things that you can not put monetary values on: the sarisfaction of a job well done; the smile on a person's face that bought a home who 3 yrs earlier was unemployed and homeless; the joy of a child who now has their own back yard to play in, the contentment that comes an elderly person having one more chance to have that flower or veggie garden in a yard of their own. We help people contest excess taxation on their homes with no compensation for doing it.
There are a number of sayings in the business world: you do get what you pay for, there are no free lunches, somebody has to pay.
I am a Realtor, a professional and pleased to be counted among their numbers.
what steps do have to take before leaving the nest?
First you need a job, then you need to plan a budget how much you will need for rent, utilities, food, transportation, entertainment, etc. Before you leave you need to talk to your parents and find out what furnishings they will let you take with you IE: maybe your bed, your computer, will you need to start paying for your own cell phone, what about a TV, couch etc. All this probably depends on your situation. Find out first what you wil need to save up for before you move.
Between my husband and I we have 5 kids. The oldest is 22 he left home at 17 to go to college. We helped him during that time. He has graduated and is having a hard time finding a steady job, BUT he lives in his own house that he shares with 2 friends he does contract work to pay his way. I still cover his medical insurance until the end of this year and as soon as he gets a 9 to 5 regular job I do pay his phone bill, he is on my family plan and it costs me $40 a month where it would cost him at least $90 for the same plan on his own so he can pay me the cost of his phone per month. Our next oldest child is my daughter 20, she is a full time student and she works full time pays her own way has an apartment she shares with a friend bought herself a new car and makes the payments on it as well.She was is also a national titled womens wrestler. I do cover her medical insurance and phone until she is out of school. The next child is 18 and will be out of high school in June. He has no job and no plans of going to college, his goal in life is to sit on our couch and play video games for the rest of his life. He just doesn't get it. Within the next year he will have a huge WAKE UP CALL. He is an adult, he needs to do something with his life I can cover his medical insurance till the end of the year but if doesn't do anything then my job will not allow me to cover him. Also 9 months is long enough to find a job and be a productive member of society. That is as long as we will give him. Do not get me wrong he will have a roof over his head and food but he will not have any extras, no cell phone, no $200 sport jerseys that he thinks he needs, no $175 J's he wants to wear on his feet, no Roca wear, no FUBU, that's all on him. You want things like that you need to work for them. He's a wanna b gangsta. Real life will slap him in the face real fast. The next oldest is 16 she talks out both sides. She tells us she's going to college wants to be somebody but fails 1/2 her classes and will not graduate with her class. Then tells the 18 year old wanna b gangsta he is lucky cause he's 18 he can do what ever he wants he doesn't need to listen to us and doesn't have to follow any rules anymore, WTF my house you want to live in it my rules or get out. Our youngest is 13 he wants to be like his 2 oldest siblings, he is 6'2" tall and plays a mean game of hoop he can go up against his 18 year old 6'3" brother and his 6'6" father and beat them both. He is keeping his grades up and working on sports.
So there you have 5 different stories out of 1 house. What does it feel like to finally get out on your own? It feels great. But you will need support to get started. Get your self a good job or at least a steady one figure out what you can afford, maybe get a friend or 2 that you can trust to go in with you. Only friends that have a job and have planed for a move. Don't get caught up with friends that say yeah I got cash and I can do it if they aren't working for it themselves. The "hey girl we can do this, my man will help out" is just BS. That man can be gone tomorrow then where does that leave you?
Just tryin to be straight up honest with you. You don't say how old you are, or if you are a student etc. Plan for everything that can go wrong and CYA.
Good luck to you.
Sandra Kuck paintings?
"The Most Collected Painter of
Children in North America"
Sandra was born in Ohio, and moved to California when she was ten years old. As a child, she always loved to doodle and sketch. Her first oil painting was a portrait of Napoleon! During her education at UCLA and The Art Student's League in New York, Sandra realized her love for painting children, deviating from her professors' emphasis on modern art.
After a three month romance, she married New York City Detective John Kuck, who encouraged Sandra to pursue her dream of becoming a successful artist. They quickly started a family and had two active children.
Sandra has always been an exceptional painter, but in 1983 her artwork received national recognition when she was honored with the National Association of Limited Edition Dealers' Plate of the Year, Print of the Year, and Artist of the Year awards. Since then, she has received awards each year including Artist of the Year for an unprecedented eight-time honor. Sandra prefers to be at home in her studio and finds her inspirations to include the special relationship between mother and child, the beauty of a country garden, or the fine furnishings and clothing of the Victorian era. She is currently creating a new doll series, figurines, and music boxes.
Hope this helped,