Seems the RE school ads in New York hyped a bit too much, along with the CraigsList ads. Instead of making $200,000 a year as my company miraged, I believe they added an extra " 0 " on that figure just to make it look good.

In business since the beginning of May I closed six rental deals. Way too little to live on. My savings are nearly exhausted, I'm very worried about the situation and the bills are stacking up. I have perfect credit but along with that I have a debt of close to $15,000.00.

I don't know what I'm gonna do now. I went to work for another company yesterday but barely lasted a day and even worse I got cold hard stares from at least three of the cubicle creeps in that office. I didn't do anything. I was just there trying to make a living, close a few deals...

I can always go back to the 200G company that is actually a 20G company at best. That is if I want to answer the phone for other people all day and get up to respond to the buzzer everytime someone shows up downstairs who wants to come on in.

This website is great because it's packed with RE success stories, but is it really? Now everyone's saying there's some sort of Market Decline going on and there are no buyers left out there to snatch up all these overpriced houses. I was doing rentals anyway.

I guess those tough guys maybe were a little antsy about someone coming in there and taking their business away. Perhaps it has something to do with this newfangled climate that isn't a good one.

The fellow in the cubicle next to me was ok. He kept humming some ugly song though. But at least he didn't give me those cold, hard stares like the other guys did. He looked experienced to me, a young feller, but then he told me he'd been there only a week and a half.

I asked him if he had any prospects and he said he had. Prospects prospects prospects don't put food on the table or pay the rent either.

Another thing with the "200G company" is that I was going on endless appointments. One appointment two appointments three. I think the problem is this company has no credibility. They're all looksees and that's nearly the entire clientele.

You know what I think is gonna start happening a lot more than it's already happening is you're gonna see a lot more of the Bait 'n Switch game. Bait 'em on CraigsList with no-fee apartments that don't exist, then as soon as they call switch 'em to a convenient fee-only apartment that just "happens to be in the same building."

I'm in New York. If anyone thinks they need a full-time agent and not a cubicle inhabitor we may be able to work something out. Thanks for reading

Mary

Mary, our attitudes dictate every outcome. Did you make an effort to introduce yourself and be nice to your office coworkers? Most of the time, people love to talk about themselves so just ask them questions about them and they will probably warm up to you. It also sounds like you need a mentor. Someone who is successful who can help you groom your business. I have been in the business for 14 years and still have a mentor (coach) that I go to for advise and information. Making a decision after one day in the office does not seem fair to this new company. Have you talked with your broker? Good luck.

I didn't make the decision. The creep of a boss came out of the back and said to me "Mary I really think you need to find yourself a salaried position" and that was the end of it.

There were a lot of people sitting around doing nothing and I noticed this the first time I stepped foot in there. That's a bad sign right there. Then I told this DRUNK (and yes I think he was a DRUNK too) that I don't like working with unlicensed sales associates and he said he didn't have any. But shortly afterwards I overheard one of the women there saying she's pensive about "taking the test" because there are so many questions on it.

I don't know what to do now. I guess it's back to Craigslist to find some more phonies in a market that perhaps stinks on ice.

Two thoughts:

1) Craigslist is probably a bad place to look for a broker to associate with. The good ones wouldn't be hustling on Craigslist looking for associates.

2) You need to learn how to find clients on your own instead of waiting for them to walk in or call you.

You do seem to look at yourself as an employee... you talk about your "boss". Your mind set appears to be of an hourly employee who waits to be given something to do, given a job.

Working with rentals is usually a really bad expenditure of time and effort. You should have spent your time doing listing and developing buyers.

In real estate you are not an employee, you are a business associated with a brokerage. Unless you have that understanding and fully accepted in your own mind... you are in the wrong business. I would assume since you "think" like an employee that you probably have never developed a business plan for your business. With out one... you have no direction for your business and you really should follow the "drunks" advise and move on to a salaried job in another field. He appears far more enlightened than you even in his altered state.

Real Estate is the wrong field for more than 97% of those that attempt it. That has been the average statistic for many years and with the softening markets will probably increase. Real Estate is not an easy field, it is not a get rich quick opportunity for those that do not have goals and the ability and motivation to reach them. It can be very rewarding for a few, 20% of those with over 5 years. 80% make nominal to mid range incomes again based on their motivation and ability and capability to set goals and strive for them.

Some good advice, noone in Real Estate is going to give you a 'job' making $200,000.

Based on all of your posts, it doesn't seem like you had a business plan to generate your own business. It's is not a Broker's duty to supply you with tons of leads or money making deals.

Good News. I'm just off the phone with a broker who says he has tons of work + exclusives and I'm going in tomorrow morning. The kind of work where he closed 4 rental deals this week, so he says. Maybe there's some hope after all

Just a quick word about those people yesterday. They must be pretty vicious people just to start giving ugly stares to someone they never saw before in their lives. Plus the boss smelled of alcohol on his breath, a pretty good sign he's a drunken BUM to begin with. I mean I was very friendly to this guy, considering him family and I just got a beatdown. Oh well, I guess that's how things go sometimes. I'm talking about "out-of-the-way" vicious stares the likes of which I think I've never seen before.

These creeps were all from one particular locale which I'm not going to name. Anyway I don't believe in treating people like that. They obviously had some sort of a problem there and I'm glad the relationship was totally severed in the beginning. Seemed like another waste of time office and I can't get involved with something like that at the present time.

Thank you everyone for your concern and suggestions.

Maybe next week he'll settle for just 2 and give you the other 2!

Well I'm stuck now. Gotta roll with it. Btw I just said that fecitiously that I'm an "employee." I *am* in a way but I know what I'm doing there, Contract Law and all that. Thank you for your help and suggestions and good perspective Realty Check.

Best of luck to you, see you in a week or two!

Maybe the second. I *have* interviewed with other companies along the way. Im curious, why do you ask?

Hahahaa well I guess SO!

Thank you for your well wishes and hopefully you'll see me here before THAT! Like within the next minute

One minute has passed and here I am!

Mary,
You knew this day would come for you! Since your started posting here it wasn`t easy for you to adjust you`re attitude.