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Can realtors make any money in the future now that there is a housing crisis?
Wiki User
∙ 16y ago
Many Realtors are now becoming licensed contractors. This way they can buy forclosed homes for pennies on the dollar and remodel or make repairs as their own contractor and still sell at a very good profit. Homes will continue to sell. The value of the homes is what has gone down. If you buy right you can still sell right.
Wiki User
∙ 16y ago
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Did the housing crisis greatly affect realtors?
Realtors lose money when the housing market is weak.Many real estate brokers lost their jobs as there were not enough sales for all of them.
What will baby boomers spend their money on?
They blew it all on housing and caused the crisis. Any money left will be spent on healthcare.
What are the details of Obama's 275 billion dollar Housing Crisis Plan?
He is going to give a cirten sum of money to each state depending on their needs. The state will create jobs in the housing industry with that money and the jobs will build more houses causing the supply to be greater then the demand causing the price of houses to go down.
How much money do realtors earn?
Realtors earn anywhere from 25,000 dollars a year to millions of dollars a year for high listings. They typically earn 3 percent of every sale and 3 percent if they are a buyers broker.
How do you stop financial crisis?
There are a few ways to stop yourself from having a financial crisis. Watching your spending, budgeting your money correctly, and having money in a savings account, can help prevent a financial crisis.
What is the future value of your money?
the amount of money you will have at a specified date in the future
What as The Omnibus Housing Act of 1965?
provided money for low-income housing.
How do you prevent financial crisis?
You dont waste your money..
Why is it beneficial to save money for the future?
It is beneficial to save money for the future in order to avoid being forced to borrow money to pay for an unforeseen incident. By saving money in the future, you can save money by not having to pay interest on money borrowed.
Is printing money a solution for the crisis?
Not really, because then the money becomes worthless. For example, when Russia was struck by economic crisis after WW 1, it was actually more cost effective to burn their money than to pay for wood.
Can I get help to get money for housing?
Your web site saying YES Housing Rent Medical Health
How much do realtors make a year?
Mean hourly wage is $25.55, according to the Department of Labor. But average annual salary depends greatly on what market you're in and how much you work. With a job like this, you can work part-time or every day if you want. Here is a link to real estate agent prelicense training, if you're interested in becoming a Realtor in your state.
