Some cool mansion pictures:
Mansion
Image by wwarby
Looking by means of an iron gate at a private mansion close to the Pergola on Hampstead Heath
For a lot more residences click right here…
Mansion
Image by Jose M Vazquez
En 1663 William Cavendish (1er Duque de Newcastle-upon-Tyne) compro el terreno con lo que quedaba de las ruinas del Castillo y en 1674 construyo una imponente mansion, doctor side effects que es esta construccion que ven en la foto. Ahora, funciona como museo y alberga una exhibicion de articulos de la pelicula de Robin Hood con Russell Crowe.
If you would like to see far more residences click here…
Question by T.Jay: How do some people in Real Estate make more than others ?
Does it have something to do with the size of the homes…like single family homes vs. mansions.
Best answer:
Answer by Blue October
like any other job…how hard you work, purchase how satisfied your customers are, ambulance what the market will bear, etc etc
good luck :)`
Add your own answer in the comments!
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It could be the size of the home but most importantly it is the price of the home. The other factors are the rate of commission that is charged to your client. Typically the commission earned on a sale of a home is about 3% of the sales price so lets say a home (size doesn’t always matter) cost 100k then you would get 3k in commission and if a home sales for 1m then the commission would be 30k. however quite often on more expensive homes the commission could be less as it is always negotiable
There are several factors that determine how much real estate agents get paid, but here are two reasons that may shed some light on your question.
Most agents get paid on commission, so the price of the house is a key factor in how much an agent makes on the deal.
The other factor is volume. Selling real estate is a competitive market, so agents who sell more property make more than those who don’t.
There’s a lot more to this answer, but to be honest, I’m too lazy to write out the variety of ways agents get paid – as there are a lot more.
Your question about “some people” in Real Estate is very broad, and can include Realtors, Investors, Loan Officers, etc. I’ve been in Real Estate for a long time and I’ve been on all sides of the transactions, so I know where the money is.
Right now there is a major Real Estate “crisis” in the USA, but it is actually a huge opportunity for someone on the correct side of the transaction. I don’t recommend that anyone new to the business try to be a Realtor, because chances are any new Realtor will not make it in this career at this time. This is because only the seasoned Realtors with strong industry contacts will get any business. AND right now the only significant business is from ASSET MANAGERS at the banks who control the REO (Real Estate Owned) properties.
The main money right now is being made by INVESTORS becasue they are able to buy houses at ridiculous prices. I live in Sacramento, CA and I’m able to purchase homes below $ 50,000.00 and then rent them out to Section-8 Tenants for $ 900.00 – $ 1,300.00 per month. If you do the math on the Return-on-Investment it is ridiculous. The market has essentially gotten rid of all of my competition and I’m able to buy 2-4 homes per month. SO, for someone without the CASH, I would suggest that you take a serious look at your net worth and see where you can beg, borrow, or sell whatever you have to get into the game. I just bought a house for $ 27,000.00 this month…so look at your credit cards, selling your car, liquidating your IRA, etc. There is no better investment than Real Estate! You can buy one and then Refinance into a HARD MONEY LOAN (google that) at 12-14% and buy more houses with your cash out. Remember, since you will be cashflowing on every property you can hold them all indefinitely until the market turns around.
Right now I have $ 12,000.00 per month in passive income and I work when I want to work. I sometimes feel guilty because I’m doing so well and everyone else I know is doing very bad in this economy…so, please take my advise and do your numbers and everything I’m telling you is 100% verifiable.
Look at http://www.ziprealty.com (look in Sacramento, CA)
And you can look at: http://www.shra.org/WebReports/OwnerOutreach/htmUnitSearchResults.php
To see what they can rent for.
PLEASE do not try to be a property manager unless you rent to Section-8 tenants. Trust me on this. It will make your life easier.
I also recommend the following book: Real Estate Riches by Dolf De Roos (Rich Dad Series)
Just have a look at this site and you’ll find answers to all your questions and even more: http://vur.me/offcial/maverick-money