Quote:
Originally posted by Zeke
Not even close. RE agents spend hours and sizable sums marketing property. A good shoe salesperson can make high 5-figures. Some in dept store selling actaully make well into 6 figs, but they tend to be in furnature or couture.
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This is a statement the is meant to be exagerated. I'll also say of the Commercial real estate folks I know none have anything to worry about from a Shoe Salesperson....wether from Neidless Marcup or Nordstroms.
The point is to work/sell smart.
I built a Website which sells Home and Garden products. While there was quite a bit of business you were quickly overcome with customer inquiries, complaints, vendor problems...you name it. My business partner did not understand that spending 8 hours to solve a customer problem while realizing a $5 profit AND on a regular, if not daily, basis was not working smart. We were getting "nickled and dimed" to death. I sold my share and he struggles to this day.
Regarding real estate rental, I've seen people lose their shirts. Not common but it's not as foolproof as many make it out to be. It also requires credit/capitol/cash that some don't have access to.