Real estate agent or mortgage loan officer?

Question by mr.t’smom: Real estate agent or mortgage loan officer?
This is a feild that really appeals to me. I have always been interested. I know it’s hard to start out…I have tried and gave up once because of the costs….I was going in debt…lol. But, I want to try again. Any tips? What are some good companies to work for? Any of you make any money within the first couple months? Also, after you work for a while is it possible to work at home…or at least part time at home? I am going to have a baby in the near future?Also, is it better to start off working for a builer rather a real estate company?

Best answer:

Answer by Jean H
real estate agent you need to be a go getter,it doesn’t come to you.and you pay out dues depends on your state and then you have to glimpse who would take you under there wings so you can work out of there office.you never just go bam I’m unbar unless you take over an office from some one else and you need experiance from the old timers. if you only make a comission of 6 percent,think about that one.you need to sell a house for 100k oat least to make nearly 6k and then the real estate office gets there cut for over head and all and then you’ll pay taxes on it,etc. so if you think just sitting at home and it’ll work for you,good luck. we have the money to persure it and we find it hard to get listings and sell and foreclosures,alot of footwork and alot of the peole are just looking and your never hear from them again don’t know alot about mortgage brokers. but the other answer of 20k a month? I would question that one. but i could be wrong.

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