Can I make 100K as a brand new R.E. Agent?

**WestcoastWilson** · 06-08-2010, 02:48 PM

Though I live in Los Angeles, I came across a Craigslist ad for Coldwell Banker real estate office in St. Louis Missouri that said the following.

“A Real Estate Career is not a job. It is a business. You become a licensed professional that is in control of your own inventory and business plan. A real estate professional is an independent contractor who has high goals for a high income. Many of our professionals are currently earning over $100,000 in annual income. You can achieve the very same result.”

Does this sound too good to be true in today’s national real estate market? Keep in mind, I do not have a real estate agent license at all.

Wilson

**jamesww** · 06-08-2010, 03:20 PM

The answer to your question is yes, but you will have to be very organized day one and will need much more training than you will get through the course work required to obtain your license.

If you have no money to put into marketing then you will have to cold call targeted individuals like FSBOs and Expireds, as well as knock doors around new listings and make house visits to Expireds and FSBOs. You will also have to be a craigslist posting machine and willing to show rentals to get your seed capital. In other words you must be willing to work 6 days a week and 12 hour days your first year to make 100k in this climate.

If you have start up capital then you can make your money back and 100k net within your first 18 months working 40 hours a week. But, you will need to study direct marketing and classes of prospects from somewhere else other than your real estate licensing school.

**WestcoastWilson** · 06-10-2010, 02:40 PM

Hello Jamesww. I greatly appreciate your comments, input, and suggestions about my question here. I opted to use the online email system at this particular Coldwell Banker real estate office to inquire about their local real estate market (in this poor economy), along with how much can a brand new Real Estate Agent could expect to make in their first year working under them. But so far, after waiting about 48 hours, I have not heard anything from them. If I get some worthwhile information from them in the upcoming days, I will report back to this forum.

Thanks a MILLION Jamesww!!!

Wilson

**WestcoastWilson** · 06-10-2010, 02:42 PM

Hello Jamesww. I greatly appreciate your comments, input, and suggestions about my question here. I opted to use the online email system at this particular Coldwell Banker real estate office to inquire about their local real estate market (in this poor economy), along with how much can a brand new Real Estate Agent could expect to make in their first year working under them. But so far, after waiting about 48 hours, I have not heard anything from them. If I get some worthwhile information from them in the upcoming days, I will report back to this forum.

Thanks a MILLION Jamesww!!!

Wilson