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You still need a broker to work under, you then need to pay desk fees, real estate board membership fee, MLS fee, and then actually advertise.
by dustindiamond 8y ago
You still need a broker to work under, you then need to pay desk fees, real estate board membership fee, MLS fee, and then actually advertise.
- matthewowen 8y agoBut the barriers to entry for these things are also small. It's money for the fees, and given that these people are 100% commission finding a broker is not a big challenge. Do you honestly disagree that the barrier to entry to being a practicing real estate agent is low? Doesn't mean it isn't hard to be a _successful_ one, but the basic barrier to entry just doesn't seem that high.
- dustindiamond 8y agoI thing the barrier to entry is not that low, otherwise we would have a ton of HN folks getting their license to make leadgen sites and collect 25% referral fees (from the 3%) for having to really not deal with the customer.
- iends 8y agoNobody outs their niches. If something is super easy nobody is going to confirm that for you.