Korean Job Discussion Forums

Tiger Beer · Joined: 07 Feb 2003

Anyone ever looked into getting one of these before?

Essentially passing the exams to be qualified as a real estate agent.

FlagWaver · Joined: 12 Apr 2003

My brother got his because he was buying older, run down houses, fixing them up and making a killing on the resale. Easy peasy. Nothing to it if you have half a brain. And I know you have more than 1/2 Tiger. Razz

The exam is nothing. If you can graduate from a university, you can pass the exam.

canuckistan · Posted: Wed Feb 01, 2006 11:04 am Post subject:

Tiger Beer · Joined: 07 Feb 2003

I was looking more into it today.. looks like its really unpredictable income.. from what I understand.. a real estate person is essentially self-employed and working entirely for commission off the sale.

makes sense.. but sounds kinda tough getting started!

Yaya · Joined: 25 Feb 2003 Location: Seoul

Dude, the field is overcrowded as hell, especially in the lucrative markets. My father is a broker and it took him years to build up a clientele.

I lived in LA for two years, and gosh, you have to have movie star looks and connections coming out of your ears to earn a living. The book Cool Careers for Dummies lists real estate agent as not cool since only 20 percent of agents make a middle-class salary and that the Web will continue to erode work for agents.

Because of the competition, agents frequently have to cut their commissions and well, it's a dirty sector rife with backstabbing, stealing of leads and the like.

Just about everyone I talked to in LA had or spoke about getting a license, and it's good for the licensing agency since they earn a fortune in the fees collected from the licenses and tests.

My advice is to try to find a less competitive niche in the real estate market but get your sales license. Then you can still work in the field and close a sale or two on the side.