sHOULD i TAKE THIS NEW JOB

**symmetry101** · 05-12-2005, 07:35 PM

aLLRIGHT THE JOB I'M AT NOW IS BASICALLY ONE OF THOSE IN BETWEEN JOBS. i MAKE ALLRIGHT MONEY BUT ITS REAL EASY A GOOD SOCIAL SCENE. i WENT FOR AN INTERVIEW THE OTHER DAY AND PRETTY MUCH GOT THE JOB. iT'S TO SELL MORTGAGES, NOW THEY SUPPLY THE LEADS BUT i GOTTA CALL THE LEADS AND FLIP THEM. THEY SAY YOU WORK 10-12 HOUR DAYS POSSIBLY 6 DAYS A WEEK AND I'D BE IN A OFFICE ALL DAY. WHATS GOING THROUGH MY MIND IS WHERE IS THERE TIME TO HAVE ANY SORT OF SOCIAL LIFE AND TO WEIGHT TRAIN. i'M IN MY EARLY TWENTIES AND JUST CONTIPLATING IF TO JUST PUT THE HARD WORK ON WHILE I'M YOUNG AND WORK MY WAY UP SO IT'S EASIER. ALL OPINIONS WELCOMED.

**SwoleCat** · 05-12-2005, 08:38 PM

Turn off your caps lock.

Other than that, just go w/your first instinct. It's usually right.

~SC~

**BlueAndromeda73** · 05-12-2005, 10:31 PM

Originally Posted by symmetry101

aLLRIGHT THE JOB I'M AT NOW IS BASICALLY ONE OF THOSE IN BETWEEN JOBS. i MAKE ALLRIGHT MONEY BUT ITS REAL EASY A GOOD SOCIAL SCENE. i WENT FOR AN INTERVIEW THE OTHER DAY AND PRETTY MUCH GOT THE JOB. iT'S TO SELL MORTGAGES, NOW THEY SUPPLY THE LEADS BUT i GOTTA CALL THE LEADS AND FLIP THEM. THEY SAY YOU WORK 10-12 HOUR DAYS POSSIBLY 6 DAYS A WEEK AND I'D BE IN A OFFICE ALL DAY. WHATS GOING THROUGH MY MIND IS WHERE IS THERE TIME TO HAVE ANY SORT OF SOCIAL LIFE AND TO WEIGHT TRAIN. i'M IN MY EARLY TWENTIES AND JUST CONTIPLATING IF TO JUST PUT THE HARD WORK ON WHILE I'M YOUNG AND WORK MY WAY UP SO IT'S EASIER. ALL OPINIONS WELCOMED.

The caps lock makes it look like your screaming, but like you pointed it's a lot of hours, also though is this a job you are locked into? Or could you try it out and see if you like it for a few months and if not start applying elsewhere?

**YYZ** · 05-13-2005, 01:23 PM

how much more cash would you make,
(not could you make)

**HeavyHitter** · 05-13-2005, 01:34 PM

Originally Posted by YYZ

how much more cash would you make,
(not could you make)

good call!! alot of my friends are mort brokers.... they barely lift and work all day!! depends exactly what your doing... there letting you close deals right away? usually for the first couple of months your the b1tch boy, calling 100s of people and then letting them go and close, then u become an officer and have people calling for you and you can go out and close, then you become a senior loan officer and you have a whole team workin for ya.... can make ALOT of money if you got the skills!!! i think thats the basics of it!!

**Sta11ion** · 05-13-2005, 01:46 PM

If you have nothing else going for you, give it a run. Then decide to stay or leave.

**symmetry101** · 05-13-2005, 02:05 PM

My bad on the caps locked that was an accident, i'm in sales now with base of 12,00 plus commision, the new job would be base 30,000 but a pretty lucrative commision potential on top of that. One thing people made me realize is i' never locked into anything I can always walk away but i'm looking to stay with a company for a few years to really learn the business. I will defff. be making phone calls but no cold calling they supply the leads. I'm gonna ask about the whole do I close the deal or am I jut qualifying people or what, good info for me to ask before I decide.
Another thing in the back of my mind is its summer and I was looking sooo forward to chiilin out but I guess if its a good oppurtunity I can't mess with that.Thanks for the advice.

**kloter1** · 05-13-2005, 05:02 PM

go with what your priorities are. with that much work, social life and the gym are out the window.

**alphaman** · 05-13-2005, 06:43 PM

Just about any job where you have the oppurtunity to make bank is going to require all of your time. You can still train if you're determined. Me and my old training partner worked the same type of hours and we trained in the morning or after work. If you're a hustler, and cut out for that type of job, then you'll want to be at work all the time. One thing about any sales job- it's a numbers game. The more people you talk to, the more you'll sell.

**busster** · 05-13-2005, 07:05 PM

Originally Posted by SwoleCat

Turn off your caps lock.

Other than that, just go w/your first instinct. It's usually right.

~SC~

what he said

**Deezuhl** · 05-13-2005, 07:42 PM

All i know is everyone and their brother is a mortgage broker today. its very competitive atleast in florida the way home prices are sky rocketing right now.

**alphaman** · 05-13-2005, 07:59 PM

Originally Posted by Fat Mike

All i know is everyone and their brother is a mortgage broker today. its very competitive atleast in florida the way home prices are sky rocketing right now.

On that note, the property is skyrocketing beacause intrest rates are low, so the mortgage business is good. But the rates are going back up since the economy is doing better, and in turn the property won't be skyrocketing like it was and the mortgage business isn't gonna be as good.

**Deezuhl** · 05-13-2005, 08:09 PM

Originally Posted by alphaman

On that note, the property is skyrocketing beacause intrest rates are low, so the mortgage business is good. But the rates are going back up since the economy is doing better, and in turn the property won't be skyrocketing like it was and the mortgage business isn't gonna be as good.

thats is true rates are good and even if they arent their are so many programs to keep the payment low even if its interest only payment. the real reason right now why florida is booming is because the weather here. there arent many houses for sale because everyone from up north is buying right now cause they sold their property for what they can still buy here for almost cash from the profit they made. we arent selling because the houses we paid 140,000.00 for 5 yrs ago that are 325,000 now (my house for example) will just mean we have to by a larger house which we will be paying property tax on a 400k+ house instead of 140,000. The houses here are on the market for no more than 7 days. the last house I sold to a new york couple they paid 50% cash from the profit of their old home. New york is not going to be the sunshine state anytime soon you know what i mean.

**jimihendryx** · 05-16-2005, 11:43 AM

There's been a HUGE surge in mortgage brokers lately 'cuz of the rates. Everyone's needed one. They all wanna get their refi in, etc. When the rates start going up soon, it's gonna be a race to the unemployment line for 1/2 of those brokers.

**alphaman** · 05-16-2005, 01:45 PM

Originally Posted by jimihendryx

There's been a HUGE surge in mortgage brokers lately 'cuz of the rates. Everyone's needed one. They all wanna get their refi in, etc. When the rates start going up soon, it's gonna be a race to the unemployment line for 1/2 of those brokers.

Bingo. Real Estate too.

**Commando_Barbi** · 05-16-2005, 06:01 PM

Take it, try it out and if you don't like it.... quit. Pretty simple.

**jimihendryx** · 05-16-2005, 07:30 PM

Originally Posted by alphaman

Bingo. Real Estate too.

RE won't be hit nearly as hard. First time homebuyers will slow down, but RE will still grow overall. It's the refi market that's gonna kill the mortgage brokers. It's half the biz they've been doing and what created the big boom in the first place. Raise the rates, you destroy the refi market, and there goes half the biz for the brokers.

In the meantime, though, people still need houses.

**alphaman** · 05-16-2005, 08:21 PM

Originally Posted by jimihendryx

RE won't be hit nearly as hard. First time homebuyers will slow down, but RE will still grow overall. It's the refi market that's gonna kill the mortgage brokers. It's half the biz they've been doing and what created the big boom in the first place. Raise the rates, you destroy the refi market, and there goes half the biz for the brokers.

In the meantime, though, people still need houses.

Yes, mortgage brokers will take a bigger hit because of the re-fi market, but real estate is gonna slow down too, Cali real estate is a market indicator, and high $ property there is starting to depreiciate a bit.The real estate market is a bubble about to burst, and somebody is gonna get caught holding the bag, a lot of somebodies. When the market is expanding, the rates go up, and real estate's rate of appreiciation drops. It's all part of the economic cycle.