Struggling Real Estate Agents and Brokers Are Looking for Money Making Alternatives
Realtors find new ways of making money in the real estate industry. Broker Price Opinions provide a solid and reliable income source for Realtors.
Scottsdale, AZ (PRWEB) July 10, 2005 --Struggling realtors abound in todays Real Estate Market. The U.S. Department of Labor says, The use of technology may eliminate some marginal agents, such as those practicing real estate part-time or temporarily between jobs. Such workers generally are not able to compete with full-time agents who have invested in the technology." Recently the attractiveness of becoming an agent and making money on the side has declined as increasingly complex legal and technological requirements are raising startup costs associated with becoming an agent.
I have interacted with countless Realtors within the last year who have told me they have been in the industry for six months to a year and have made less than one sale!" says, Kim, with www.kimclass.com. Kim teaches Realtors how to do Broker Price Opinions for banks as a reliable income source for Real Estate Agents. Yahoo and MSN Realtor support groups are being flooded with new realtors trying to make it" in the business. Even established Realtors are struggling."
Broker Price Opinions are very reliable income source for Realtors who would either like to supplement their income or make a living doing Broker Price Opinion (BPO). Banks like Wells Fargo and Citibank, who would like to know what properties are worth for homeowners getting home equity loans, order Broker Price Opinion (BPO). There are several BPO Companies that hire Realtors on a contract basis to fulfil BPO orders for banks. Realtors, who contract as vendors for Broker Price Opinion (BPO) Companies, research and submit property valuation reports online. This enables the Realtors to continue to market their existing real estate business, work from home, and have a reliable income source. More and more realtors are choosing to make money in this lucrative corner of the real estate industry. Broker Price Opinions takes the unpredictability out of the industry. This enables Realtors to truly enjoy all the benefits of the industry.
According the the U.S. Department of Labor employment of real estate brokers and sales agents is expected to grow more slowly than average for all occupations through the year 2012. Increasing use of information technology will continue to raise the productivity of agents and brokers, limiting the potential for job growth to a certain extent. Prospective customers often can conduct their own searches for properties that meet their criteria by accessing real estate information on the Internet.
Real estate agents and brokers will continue to experience some employment growth due to the increasing housing needs of a growing population, as well as the idea that real estate is a good investment. Low interest rates should continue to stimulate sales of real estate, resulting in the need for more agents and brokers.
The median annual earnings of salaried real estate agents, including commissions, were $30,930 in 2002. The middle 50 percent earned between $21,010 and $52,860 a year. The lowest 10 percent earned less than $15,480 and the highest 10 percent earned more than $83,780.
This means that there are thousands realtors in the U.S. that are not producing the amount of sales they want to," says Kim of www.kimclass.com. In some markets, realtors are taking buyers to look at houses and are finding it excessively difficult to close the sale because there are twelve other offers written on the first day of a listing!"
The need for Broker Price Opinions will continue to grow within the industry. This growth will require more agents to be trained in how to perform Broker Price Opinions.
For information: http://www.kimclass.com or
Contact: Kim D.
Address: 10601 N. Hayden Rd. Ste. I-104, Scottsdale, AZ 85260
Phone: 602-230-4185
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