Same in Ohio! $200K in my town will get you a very nice 4 BR, 2 BA house with a beautiful yard. (Granted, we also have our fair share of both the $2M variety and the $20K variety.)
Here are the +/-'s I'm thinking of:
Insurance
+ residual income
+ rewrites whenever clients' needs change
+ referrals
+ fairly low start-up costs, especially if you use creative ways to generate business instead of buying leads
+ ability to do business mainly over the phone and computer if you so choose (i.e. no physical showings, open houses, etc.)
Real Estate
+ higher commissions (but is it worth it for the work involved in a single sale?)
- pretty steep franchise fees for using the brand name (i.e. Re/Max)
- harder to make a name for yourself (in my area, it seems like there are four or five power brokers, and the rest of the realtors sort of fight over the leftovers)
Here are the +/-'s I'm thinking of:
Insurance
+ residual income
+ rewrites whenever clients' needs change
+ referrals
+ fairly low start-up costs, especially if you use creative ways to generate business instead of buying leads
+ ability to do business mainly over the phone and computer if you so choose (i.e. no physical showings, open houses, etc.)
Real Estate
+ higher commissions (but is it worth it for the work involved in a single sale?)
- pretty steep franchise fees for using the brand name (i.e. Re/Max)
- harder to make a name for yourself (in my area, it seems like there are four or five power brokers, and the rest of the realtors sort of fight over the leftovers)
