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Question by Dave E: What is a reasonable expected income for a Real Estate Agents first year? “Cincinnati, Ohio Market”?
What is a reasonable expected income for a Real Estate Agents first year? “Cincinnati, Ohio Market”

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Answer by goz1111
Hard to say since its totally dependent on you and only you; in general a real estate agent is a Independent contactor meaning you only get paid is you find a buyer/seller and the deal closes or as simple as finding a renter for an apartment, but you do not get paid until a deal is closed, mean while you have Account payable, like license fees, cost to produce business cards, travel like gas, cell phone etc, then cost of listing a property if you land the deal all out of your pocket

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by Ravi Karandeekar

Question by Dilbert: Would it make sense to use “average time on market” to select a real estate broker to sell your house?
The easiest statistic to get about a real estate brokerage firm is how long the houses they’re selling have been listed. If I write a computer program to retrieve all the houses each broker lists, and how long each has been listed, would it make sense to use those numbers to give each broker a rating for how fast they sell houses? And would it make sense for people who want to sell their houses to use that rating to decide which broker they want to use?

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Answer by Senorita
4 yrs ago yes.. nowadays.. things are extremely bad. I deal with foreclosures every single day…our office deals mainly with REO properties.. regular properties are not selling as much.. at least not around here.. Things are really tough out there..

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Question by Sergei Shelukhin: Name for “second hand” real estate market in English?
Hi. Here in Russia they usually divide (not fully ofc, but well, somewhat distinctly) two real estate markets: “first” or “first hand” that deals with newly built houses for sale or apartment complexes that have apartments for sale, and “second”/”second hand” that deals with apartments and houses resold by previous owners. What is the proper name for “second hand” real estate in English? Short one, like for a checkbox on a website.

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Answer by Chris C
Hello,

In America we have two categories of real estate. Residential (single family residence) of 1-4 units and Commercial.

Residential has new, resale, apartments, rentals, duplex, condo, townhouse and four-plex.

Commercial includes apartments of 5 units or more. In different states this can also be co-ops, senior housing, timeshares and multi-units. Commercial also includes business complexes, industrial and distribution.

A good website for properties for investment is loopnet.com. You can review and gather information

Please contact me with any other questions or assistance I can give you.

Thanks,
Chris C
Real Estate Broker/Lender

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Real Estate agent Valerie Meyers located in Montrose, CO and the Western Slope of Colorado sells property; Specializing in homes, vacant land, lots and parcels, new construction and buildings, farms, ranches, investments, foreclosures REO’s and Shorts sales. Bringing knowledge, and expertise to the real estate industry. Valerie delivers the Real Estate Market Report for Montrose, CO 81401 and the surrounding areas.
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Raymond MAASKE, BBA, CCC, ACRE, ATM-B Summerland & Penticton, Okanagan, BC Website: www.HomeStarRealty.ca E-mail raymond@HomeStarRealty.ca Phone: 250.488.8764 “Oh by the way… I’m never too busy for your referrals” You need a local OKANAGAN expert working for you! SELLING – If you own real estate (have a home or property) that you’re thinking of selling, I would be happy to provide you with a FREE Home Evaluation. BUYING – In today’s competitive real estate market, timing is everything. Many good homes are sold before they are ever advertised. Beat other home buyers to the hottest new homes for sale with my Summerland & Penticton Okanagan NEW Listings Notification. REALTOR – Whether you are buying or selling a home, hire someone like Raymond MAASKE, who wants to earn your business. I invite you to contact me as I’d be happy to assist you with this important transaction. INFORMATION: In addition, if you have any general questions about buying or selling real estate in British Columbia, please contact me as I’m more than willing to serve you. If you want to know what is happening right now in Summerland & Penticton Okanagan see my Market Update.