Im­prov­ing hous­ing mar­ket lur­ing would-be bro­kers

The Covington News - - THE WIRE -

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.

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