Anyone who is or knows a Realtor, knows that being one is one of the hardest jobs to effectively squeak a long term career out of. Realtors do not get paid for their work, they do not get paid for the advertising they do, they do not get paid for starting early, working late, or working weekends. Realtors get paid when and ONLY when they successfully bring upon a full sale on a house that they are involved in either buying or selling.
A Realtors market is volatile, unsecure, highly competitive and at times unsafe. In 2008, as the sun was rising on this most recent downturn in the economy, the Realtor business saw one of the hardest times in history fall upon them. Realtors spent the next 18 months spending thousands of hours working with buyers and sellers on deals that were never consummated. Listing brokers spent thousands on ads and marketing homes that would never sell. Agents with 6, maybe 12 months of reserves in their bank accounts found themselves with NOTHING to their name.
