{"id":766,"date":"2006-12-14T06:50:00","date_gmt":"2006-12-14T13:50:00","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=766"},"modified":"2006-12-14T06:50:18","modified_gmt":"2006-12-14T13:50:18","slug":"everybody-loves-ramen","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/766\/everybody-loves-ramen\/","title":{"rendered":"Everybody loves Ramen . . ."},"content":{"rendered":"

Here’s a true fact of life for almost everyone with a real estate license: This job pays really badly.<\/p>\n

Here’s a true fact of life for a favored few people with real estate licenses: This job pays really well.<\/p>\n

I don’t know if we can safely count ourselves among the favored few just yet, but being Realtors is throwing off a lot of cash for us, and that cash is throwing off a lot of opportunities to make more cash.<\/p>\n

Last year was phenomenal, of course, and this year hasn’t been awful for us, considering how awful it was for other Realtors in Phoenix. We got a lot choosier about listings, which helped keep our money in our<\/i> pockets, and we’ve both done more than we ever have before with new builds.<\/p>\n

But: Do Realtors “deserve” all the money they make? I’ve had transactions — two closing later this month — where my total involvement was around five hours. I’ve had others that have run to hundreds of hours over the course of years. But looking at my added-value by hours or tasks or ergs of energy expended is a mistake. The value I bring to the transaction comes from knowing what to do, how, when — and why. Our clients do a lot better because of our involvement, and they are gracious enough to say so.<\/p>\n

For now, our earning goal is $1,000 a day, each, call it $700,000 a year, gross. Obviously our expenses are huge, as are our taxes (grr!). Worse yet, we’re not hitting that goal yet. And to put things in perspective, Russell Shaw’s annual broadcast<\/i> advertising spend approaches our total earning goal.<\/p>\n

In the near term, I think we can double our numbers to something like $1.5 million a year, before taxes and expenses. From there, with a couple of assistants each, we might be able to push things to that amount, gross, each. In other words, without growing our head-count very much, we might be able to knock down $3 million a year in gross commission income. The net from that might not be all that great, considering, but it Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Here’s a true fact of life for almost everyone with a real estate license: This job pays really badly. Here’s a true fact of life for a favored few people with real estate licenses: This job pays really well. I don’t know if we can safely count ourselves among the favored few just yet, but […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,6,5],"tags":[],"class_list":{"0":"post-766","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-investment","7":"category-marketing","8":"category-real-estate","10":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":258,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/258\/sleaze-versus-sleaze-we-didnt-get-this-awful-reputation-by-accident\/","url_meta":{"origin":766,"position":0},"title":"Sleaze versus sleaze: We didn’t get this awful reputation by accident . . .","author":"Greg Swann","date":"August 28, 2006","format":false,"excerpt":"Give a glance to these excerpts from this article in today's Arizona Republic. There will be a quiz at the end. Sleaze:Home builders are spending big bucks and dishing out heaping helpings of hospitality during what has become the summer of love in the Phoenix new-home market. The objects of\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13044,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/13044\/a-weblogging-strategy-for-non-writerly-realtors-or-how-you-can-learn-to-stop-worrying-and-love-your-blog\/","url_meta":{"origin":766,"position":1},"title":"A weblogging strategy for non-writerly Realtors. Or: How you can learn to stop worrying and love your blog.","author":"Greg Swann","date":"August 19, 2010","format":false,"excerpt":"I was on the phone yesterday with Chris Johnson, talking with him about Realtor weblogs. He mentioned that some of the buyers of his real estate weblogs are having trouble coming up with regular content. I have a solution for them. What should they do? Stop worrying about it --\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9585,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9585\/rebarcamp-its-not-just-for-realtors-anymore\/","url_meta":{"origin":766,"position":2},"title":"REBarcamp: It’s not just for Realtors anymore","author":"Teri Lussier","date":"August 21, 2009","format":false,"excerpt":"Call it Midwest practicality, but it's local Realtors. And we are talking about local real estate. Think about it. When did this become hoopla-worthy? When did you need a name, an umbrella organization, a fancy venue, a nearby hotel, a website, a logo, sponsors, organizers, nationally known speakers, in order\u2026","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/116\/who-pays-whom-for-real-estate-follow-the-money\/","url_meta":{"origin":766,"position":3},"title":"Who pays whom for real estate? Follow the money . . .","author":"Greg Swann","date":"July 21, 2006","format":false,"excerpt":"The second in my series of articles devised to tick off real estate brokers appeared in the Arizona Republic today. (Here is a more permanent link to a longer version of the article.) Torquing the brokers is not really my intent, just a secondary consequence. Next week we get to\u2026","rel":"","context":"In "Enduring Interest"","block_context":{"text":"Enduring Interest","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/enduring-interest\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1676,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1676\/in-down-markets-realtors-on-both-sides-of-the-transaction-need-to-step-up-for-their-clients\/","url_meta":{"origin":766,"position":4},"title":"In Down Markets Realtors on Both Sides of the Transaction Need to Step Up for Their Clients","author":"Cooksquared","date":"July 19, 2007","format":false,"excerpt":"As the real estate market begins its tailspin, home buyers and sellers alike need to figure out how to play the real estate game. The time has passed for simply taking the lowest cost provider of real estate services. Realtors on both sides of the transaction must now prove their\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":425,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/425\/blogoff-post-48-realtors-keep-process-free-of-personal-issues\/","url_meta":{"origin":766,"position":5},"title":"Blogoff Post #48: Realtors keep process free of personal issues . . .","author":"Greg Swann","date":"September 26, 2006","format":false,"excerpt":"This is from my Arizona Republic column:I may write more in the future about the benefits of working with a Realtor, but this is the one that is most important to me: Realtors keep personal issues out of the transaction. A real-estate transaction is financial, not personal. I like to\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=766"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/766\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}