I'm thinking about making a career change. I'm currently in retail management making $70k, how long will it take to make the same kind of money in real estate?
by 
Fragile Man
ANSWERS: 2
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That really depends on where you are working... The majority of the time, atleast where I am from, if your making that kind of money, you've been in the business for at LEAST 5 years. Usually More.
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Unless you have a STRONG background in outside sales, it is likely to be a very big mistake in this market. If you decide to ignore my warning, make absolutely certain that you have at least six months worth of "reserves" (income to settle your ordinary debts). You will also need the first year's education and licensing expenses, plus a modest marketing budget. Very few real estate agents earn $70K, even in a strong market, but all too often they try to "play the role" of a top producer. Don't fall into that trap. Good luck in your decision.
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