Ken's Naperville Real Estate Blog : "IF YOU BROKE IT UP HOURLY, IT WOULDN'T BE PRETTY..."

"IF YOU BROKE IT UP HOURLY, IT WOULDN'T BE PRETTY..."

"If you broke it up hourly, it wouldn't be pretty," my wife Nicole laughed...

I had been commenting how much time I have spent with real estate this year.

Showing.  Listing.  Prospecting.  Negotiating.

Keeping busy is a victory in itself...

Nickie looked at it differently.  "If you broke it up hourly, it wouldn't be pretty."

"You are correct," I chuckled back.

It wouldn't be pretty.

Ken

A Realtor you can trust.

Comment balloon 22 commentsKen Tracy • February 21 2009 03:29PM

Comments

Ken,

Not only would it not be pretty....it's enough to make you cry!

I work more now than I ever did in the 'good' market of years gone by and it seems as if I hardly ever get paid.

How much do the Walmart Greeters get per hour?  I bet it's more than I'm making from the sales of luxury real estate right now.

Oh well, as my husband keeps telling me....it only takes one.

I'm ready for it!!!

Have a great weekend. (I'm still at work...)

Lynda

Posted by Lynda Hester (Prudential Georgia Realty - Rabun County, Ga.) almost 9 years ago

That is why it is so important for sellers to understand what goes into those "BIG" commissions!

Posted by Lise Howe, Assoc. Broker and Attorney Licensed in DC, MD, VA, (Keller Williams Capital Properties) almost 9 years ago

Ken - Some sales are quick and easy

some take forever, it all evens out in

the end...  I'm sure there have been times

that I've worked for $1 per hour.

Posted by Debbie Summers (Charles Rutenberg Realty ) almost 9 years ago

Your wife and my husband have the same philosophy.  Since August I have been working my knuckles to the bone on foreclosures and HUD owned properties.  Of course, they are priced way less than what I am use to selling, so the paychecks are alot less.  But you know what, along the way I am making contacts and still selling houses, still staying in contact with my sphere of influence and when we come out of the funk, guess who's going to be there waiting, The ones of us that have weathered the storm will come out on top!

Posted by Melinda Earlywine, There Is No Place Like Home In Kentucky! (Century 21 Commonwealth RE) almost 9 years ago

Debbie I agree. 

Some days it feels like we work for free then others we a re overpaid.  I'll take more overpayment these days.

Posted by Joel Bennett, The Joel Bennett Group (Long & Foster Real Estate Inc.) almost 9 years ago

Hi Joel and Teresa, Melinda, Debbie, Lisa, and Lynda.

Thanks so much for stopping by.

I chuckled reading the comments.

But we all love what we do!  What a strange career.

Thanks again,

Ken

Posted by Ken Tracy, Helping clients buy and sell since 2005 (Keller Williams Realty Infinity) almost 9 years ago

You charge the hours to investment in your business development. The time pays dividends later.

Posted by David Spencer, Show Me real estate in Kansas City (Keller Williams Northland) almost 9 years ago

I have to say I really like David Spencer's comment above!   We're all "investing" in our futures.

Posted by Susan Emo, Kingston and the 1000 Islands Area (Sotheby's International Realty Canada - Brokerage) almost 9 years ago

If you consider your job work, you are in the wrong job. The people, helping them find and sell property. You meet all kinds and learn from them about human nature. If you want to figure the hourly rate, try farming for a living! Especially dairy farming..24/7 have to milk the black and whites.

Posted by Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY) almost 9 years ago

Hi Ken

It may not be pretty, but when you love what you're doing, who's counting?

Good luck and success

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) almost 9 years ago

Hi Lou, Andrew, Susan, and David.  Thanks for stopping by.

Who is counting?

I look forward to hearing all of our stories this year.

Thanks again,

Ken

Posted by Ken Tracy, Helping clients buy and sell since 2005 (Keller Williams Realty Infinity) almost 9 years ago

Ken when you work for yourself you always put in more hours than working for someone else.

Posted by John Walters, Licensed in Louisiana (Frank Rubi Real Estate) almost 9 years ago

I am actually negative for -$300 per month as a Realtor...  So I would say I am -$3/hour.. LOL  :)

Posted by Deleted Account almost 9 years ago

Just got my new book by Tamara Lowe called "Get Motivated!" In it she tells how Jim Carey used to go sit in the Hollywood Hills and visualize himself a well paid actor. He wouldn't come down until he believed it. He even wrote himself a check for $10 million dollars and kept it in his wallet.  Would it surprise you to know that he made 10 million dollars for one movie? So Ken - Visualize the money you want and I know it will eventually come to you!

Posted by Teresa K. Nelson (Windermere Real Estate/HLC) almost 9 years ago

Hi Teresa, Phil, and John.  Thanks for reading.

I guess we probably don't think of it as "work"?

We enjoy what we are doing, I hope at least!

Thanks again,

Ken

Posted by Ken Tracy, Helping clients buy and sell since 2005 (Keller Williams Realty Infinity) almost 9 years ago

Ken- Just think how much time you get to spend working with your daughter! You could not do that at a corporate job... Quality of life is so very important.

Best,

Scott

Posted by Scott Cowan (RE/MAX Professionals) almost 9 years ago

Hi Ken... Maybe you need to consider it a labor of love!  :)  That makes it seem a bit prettier!

Posted by Steve Shatsky almost 9 years ago

Hi Scott and Steve (my two brothers are named Scott and Steve), thanks for stopping by.

It is a labor of love.

Quality of life is very high.

But still thought the money would flow a little quicker!:)

Thanks again,

Ken

Posted by Ken Tracy, Helping clients buy and sell since 2005 (Keller Williams Realty Infinity) almost 9 years ago

I am glad I don't keep track.  The time from midnight to 4 am I would want Paid double time.

Posted by David Timm, CRS, EcoBroker, GRI, ABR (Coldwell Banker Residential Brokerage) almost 9 years ago

We certainly are working harder and I agree with your wife - it isn't pretty,  Karen

Posted by Karen Kruschka, - "My Experience Isn't Expensive - It's PRICELESS" (RE/MAX Executives) almost 9 years ago

Ken - I would hate to break it down by the hour on some of my deals.

Posted by Robert Schwabe, Orange Park Real Estate (EXP Realty) almost 9 years ago

Hi Robert, Karen, and David.  Thanks for stopping by.

The deals that don't become deals really bring down the average.

You certainly have to enjoy what you do!

Thanks again everyone,

Ken

Posted by Ken Tracy, Helping clients buy and sell since 2005 (Keller Williams Realty Infinity) almost 9 years ago

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