How Much Money Can You Make Selling Real Estate in Carolina?

     Many lay people do not understand how Realtors make money.  Here is a simple explanation.

     In Hendersonville, North Carolina, an average house costs $200,000.  Many Realtors charge a six percent commission.  Some charge more.  Some charge less.  Let's use 6% for our example.

     Anyone that is selling real estate full time is a member of the Hendersonville Association of Realtors.  Being a member of the Association of Realtors is a requirement to use the Multiple Listing Service.

     If a home seller lists his house with Keller Williams Mountain Partners Realty, he will agree to pay a 6% commission.  Keller Williams Realty will submit that $200,000 listing to the M.L.S. By doing this, Keller Williams invites their competitors to bring their potential buyer to see this house.  Keller Williams also offers to share the commission with the real estate company that brings a buyer.  Realtors call this co operating.

     An agent over at XYZ Realty finds a buyer for this house.  The XYZ agent co operates with the Keller Williams agent and shows this house to his potential buyer.  The buyer likes it and and submits the offer through his agent  to the Keller Williams agent.  The owner accepts the offer.

     That six percent commission, $12000 is split fifty fifty between Keller Williams Realty, the listing company and XYZ Realty, the selling company.  That agent at Keller Williams Realty has to split that $6000 with Keller Williams Realty.  At Keller Williams Realty , the agent gets 70% of the $6000 or $4200.  Some companies pay more.  Some companies pay less.  Let's use 70% for our example.

     When you sell an average house in Hendersonville, North Carolina at Keller Williams Realty, you earn a $4200 commission. If you came to work on commission at Keller Williams Realty, could you sell one average house per month?   If you did, you would earn $4200 per month or $50,400 per year.

     Are you making that at your current job?  A real estate agent at Keller Williams Realty is constantly exposed to training.  It is almost axiomatic that a person that sells twelve houses this year will sell eighteen next year.

     You get better.  The job gets easier.  Your past clients call you back.  You don't have past clients the first year.  There is a bunch of stuff that you don't know the first year.  Everything is a struggle when you are new.

     It gets easier every year.  Next year you know things that you did not know last year.  Your salesmanship gets better.  You learn to deal with people that are stressed out because they have a champagne taste and a beer budget.  You learn to use technology to to make your job easier.

     By year five, you can hardly remember that first year when you only sold twelve houses.  The system still works the same.  You understand it better.  Your 70% split has turned into something bigger and better for you.  You are earning passive income from Keller Williams Realty's profit sharing plan.  Past customers call you and buy another investment house.  Your income is larger and your workload is smaller.  At Keller Williams Mountain Partners Realty, we call this a career.

    It all started when you enrolled at First Real Estate School in Hendersonville, North Carolina.  www.firstrealestateschool.com   That $300 tuition for that real estate broker pre license course seemed like a fortune at the time.  Now, it feels good to have a saving account.  Now, you have bought your first rental house and are looking for your second.

Start a new career at First Real Estate School in Hendersonville

     Now, you wonder why you ever put up with a boss that told you when to go on vacation and what time to show up in the morning.  Today, you go on vacation when you want to and start to work when you want to.  You don't work on Sunday ever.

     The hardest part, the scariest part is starting.  Let First Real Estate School help you start.  Call me, Ron Climer, at 828 440 1064.  Ask me about Keller Williams Mountain Partners Realty's tuition  reimbursement program or watch this video.  https://www.youtube.com/watch?v=x1EpyxI_Gkg  

     www.ronclimer.com    www.climerconsulting.com   www.ncrec.com

How is First Real Estate School Affiliated with Keller Williams Mountain Partners Realty?

     First, let me say that Keller Williams Mountain Partners at 404 S. Main Street ia a most pleasant place to work.

     Almost universally, real estate is sold on a commission basis.  There are very, very few real estate offices that compensate their sales force any way other than a portion of the real estate commission that the sales person generates for the company.  For example, if Ms. Salesperson sells a house that generates a $10,000 commission, that commission is usually split between the real estate company and Ms. Salesperson.

     How is it split?  At some real estate companies, it is split fifty fifty.  That $10,000 commission that Ms. Salesperson generated turns into $5000 for the salesperson and $5000 for the real estate company.  The company uses that money to pay the office rent, the secretary's salary, advertising, the utility bill, the sales trainer's salary, the office supplies, the janitor's salary and all those things that we call overhead.

     At Keller Williams Mountain Partners Realty, we pay 70% of the earned commission to the salesperson.  The company keeps 30%.  That means that that $5000 commission that Ms. Salesperson earned at the other real estate company  would be $7000 at Keller Williams Mountain Partners Realty.  Real estate salespeople are rarely employed as employees.  They are independent contractors.  What does that mean?  It means there is no "BOSS" standing next to the punch clock at 8:02 asking you why you are not "clocked in" at 8 o'clock.

     In real estate, your boss does not tell you what you have to do.  Your boss tells you what you should do if you want to make money.  You make money in real estate by getting results.

     The Keller Williams office at 404 S. Main Street in Hendersonville, North Carolina is a great place to learn how to get results.  Keller Williams offers training more prolifically than any other real estate office in western North Carolina.  We offer sales training.  We offer technology training.  We offer all kinds of training.  Keller Williams Realty knows that the more you learn, the more you earn.
     If you are thinking of a career change, think about selling real estate.  If you work hard and pay attention, you can earn an above average income selling real estate.

     If you want to pursue a real estate career, you need a North Carolina real estate license.   You have to attend real estate school somewhere.  First Real Estate School at 404 S. Main Street in Hendersonville, North Carolina is your best choice.

Ron Climer at Keller Willliams Realty in Hendersonville,N.C.

     Because Keller Williams Mountain Partners Realty gives us a free training facility to teach in, we have lower overhead than other real estate schools.  Our tuition for the broker pre license class that is required by the North Carolina Real Estate Commission is $300.  That includes the textbook.

     I am the instructor .  If you want to know how I teach, check out my real estate videos on You Tube.  I have a hundred of them.  Any math that is on the North Carolina real estate exam is on my You Tube videos.  They are free for anyone that wants to watch them.  If you are taking a real estate course in the flat part of the state, watch my math videos.  Watching them will help you pass your real estate class and the North Carolina real estate test. https://www.youtube.com  /watch?v=fxc4SZ1CW1w

     If a career change is in your thoughts and plans, call me, Ron Climer at 828 440 1064 or check out our website at www.firstrealestateschool.com

     We would love to have you attend First Real Estate School.  I would love to talk with you about starting your real estate career at Keller Williams Mountain Partners Realty at 404 S. Main Street in Hendersonville, North Carolina.  Please call me at 828 440 1064.   Let's get you started.