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“Who Gets Rich Selling Real Estate?” Wall Street Journal Article

The Wall Street Journal had an interesting article today entitled “Who Gets Rich Selling Real Estate?” The full article is here: http://online.wsj.com/news/articles/SB10001424052702304591604579290394119863288

It discussed all the young people flooding prep courses and licensing exams b/c the luxury home market is coming back.

Here are some key points from the article:

I. It takes a surprising amount money just to get into the industry for prep courses and licensing exams.

II. The days of “housewives working part-time as a real estate agent” are over. Success is a full-time profession.

III. Highly Successful Realtors need to:

1. Build teams of assistants to help them do volume.

2. Spend a huge amount of money marketing relentlessly (the article discussed an individual who spends $335,000 per year).

3. Know people. Successful agents need to know when properties are coming to market before they hit the market.

Final Note: JVM Lending is highly skilled at both hiring teams and database marketing, and we are more than willing to help anyone in need.

Jay Voorhees
Founder/Broker | JVM Lending
(855) 855-4491 | DRE# 01524255, NMLS# 335646