Revelation Part 3 #shortvideo #shorts #short #shortsvideo #growth #growthmindset #health #healthy

11 Dec 2024 · 1 min

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Steve D Valentine recounts his early real estate career struggles: he started with 90 hours of schooling, worked for $500/week plus a 10% commission bonus per house, and relied on intermittent support from his father. He describes average house prices around $100,000 at that time and says commissions were much smaller—citing that he would make $300 on a $3,000 commission and sometimes had to sell about 10 homes in a month to earn roughly $3,000. The tone is candid and reflective, contrasting past earnings with modern complaints about the market.

Questions this video answers

$500 per week

10% commission bonus on every house

$100,000

About 10 homes

Chapters

For those of you that started real estate without a mentor or a place to go, good for you. That would scare the shit out of me to do this business without, like, on my own. Like, okay, I took 90 hours of school, and I'm gonna go sell a house. Well, I went to my dad, I said, hey, can I try the real estate thing? And my dad's response was, yes, and you don't get a silver spoon. So my first two years in the career were working for 500 bucks a week with the 10% commission bonus on every house that I sold. So the first couple of years, I was lucky to get to minimum wage. My dad gave me some grocery money. Every now and again, my dad kept me broke. He get me broke enough to be able to pay the bills. What was the average house? 100 grand. 100 grand. 100 grand. Commissions were different than they are. Yeah, Yeah. I mean, you know, three grand, I'd make 300 bucks. I had to sell 10 homes to make three grand that month. That was a lot. So when you hear people, you know, griping about today's market, I'm like, no, granted, inflation and everything's more expensive and all this stuff.