MIAMI (AP) — To motivate a classroom packed with 87 aspiring real estate agents, instructor Keith Grandy started off his one-week, intensive course with the promise of big money: With hard work, fresh licensees in the Miami metro area could make $100,000 a year if they complete at least two transactions per month, according to current property prices and commissions. With 67 condo towers being built in South Florida, a pace not seen since the housing crash of 2007, such a payday seems more than possible to Grandy’s students, despite competition so intense that many of them will leave their new career without completing a single sale. If you are aggressive, you can do extremely well, he said during a break from his class at Gold Coast Schools of Real Estate in Doral, a Miami suburb. Low interest rates, foreign buyers and a gradual end to the foreclosure crisis are driving the modest turnaround in the nation’s housing market, but there might be no better evidence of it than the number of people hoping to become brokers.
Source: www.washingtonexaminer.com
