Property Agents make A LOT of Money

I see on the TOP 100 PAYING JOBS IN SINGAPORE based on MOM's findings:

http://www.salary.sg/2008/best-paying-jobs-in-singapore-2008/

A lawyer/advocate and solicitor ranked 33 makes only $7500 a month!

And to think someone actually believes that a property agent's Director can make an AVERAGE salary of $30K... LOL!

That's equal to the TOP job in Singapore - a specialised surgeon!!!


Only difference between working as a surgeon and a property agent: A surgeon operates on someone every single day.

I partially agree with bullsht!!
I am a Director myself. I have a size 20 over downlines with me. Some perform well, some are just lazing around. With this amount of people, my overridding average $800 to $1500 per month. Most Group Directors average overridings are within $2K to $8K. Only with a strength of more than 600 to 800 associates, maybe its possible for a overriding of $30K. It may be possible, but the sheer fact is that its gonna be challenging to manage them. But as a matter of fact, I rather do recruitment than to serve me clients even though the overriding may seem small from the start. If we understand the power of compounding,imagine the 1st associate you got recommends 2 people to join, then the 2 recommends 4, then 4 to 8, 8 to 16, 16 to 32, 32 to 64. Imagine what we will get at the end of five years? This is a perfect senario, it will never happen, but what are your chances? It all starts with a seed accompanied but nurishment. Thats why I am so glad to be in this business. Sales+rental+associates+opportunities+lifestyle=Ha ppiness.
Cheers!
Email: [email protected]

the post of " bullsht alert Says' IS great.i feel that he is telling the truth and not like some people who r out to recruit agents ... i guess only top 1% gets to enjoy $30k overriddin.. my mentor has got only

common sense tells u its not possible. if its easy to be at the top, many agents would have no need to sell and they have to be supported by a large base of hardworking agents. think of a pyramid, triangular structure. the top echelons make, the bottom don't.

some agents do make 30k per month but not most, not many just that handful. its just like traders draw multimillion payouts, but its only that handful. the rest are just average johns and does.

stop all this nonsense especially in this climate.

Very True!! No wonder the Law of Nature is fair. 10% of the people makes an income more than 90% of the people. The difference now is a simple logic between people who knows how to make money and people who dont. There is nothing to complain or argue about. Insanity derives when we continue to do what we are always doing and to expect a different result. Be open and give yourself a chance to explore the Real Estate potential. You will never know..
Cheers!

to Alex-px and Simple agent, can i get in touch with u guys? i would like to seek more advise before coming into this field.
[email protected]

I lost my job after 13 years as a director and my colleague lost his after 15 years in a blink of eyes. So, if you think property agent job is not stable and working in a corporate is better, then you gonna think again. If you are worth $100 an hour, you are always paid $100 even if you work more than that. This is typical bucket carrier being in a so call stable corporate job. Great monetary reward comes with taking action and not quacking. If you continue to quack like the 90% always thinking this is no good and that is no safe, how can you be the top 10%? You can't walk walk out of your own comfort zone and take risk like the property agents do, so what big money to talk about? I respect these agents even though I'm not one of them and I don't believe in the so call publish stats as agents are not sole proprietor and MOM tracks only the salaried employees.

Typo: agents are sole proprietor

Wow, Positive. You hit the sweet spot and you are absolutely, 100%, guarantteed right.

Quite simply, working in a corporation, in especially those non commission or sales based function, you will always be averaged down to the average employee, no matter how many reports, statistics, graphs you churn out or meetings you attend. It's obvious right? Of cos your individual performance, grade A,B,C or D will help in a certain extent but if some lousy employees just keep making mistakes and cost the company money...then then no matter what, the profit pool will shrink. Anyway, looking at it another way. Companies are profit maximizers ( basic economic theory), your salary is a cost. To maximise profit,they have to minimize cost.

I like the way Positive say " Great monetary reward comes with taking action and not quacking. If you continue to quack like the 90% always thinking this is no good and that is no safe, how can you be the top 10%? " .

I think he has mentioned "the law of making money" like newton's " law of gravity".

Action makes money. Just thinking don't.Just talking don't.

Anyway,in our opinion, people who take MBA in the hope of getting a job with a salary increment or changing industry are really illogical. Think like a business owner, pls. But that is our opinion only.

pls la, they sure earn a lot!

they are consider self employed.

most of them under declared their income! LOL