Quit My Job....taking a chance with new venture...

[sherman]

I quit my decent paying job with GREAT benefits to go full time into the mortgage business...taking a BIG risk here, but figure I should do it while i'm still "young". Tomorrow is my last day at my job. Wish me well please...

 

[RIOSHILL]

I thought you might release a winning system that would allow you to retire as a gambler. OH well. GL in your new vocation.

 

[JudgeWapner]

Sherman,all the best.Oh and say hi to Mr. Peabody.

 

[newbie666]

sherman are u from england?

 

[truthteller]

I have a friend that owns a mortgage company in Florida. Raked in over $300,000 last year.

 

[sherman]

No I am not from England, but I am from NEW England.

Actually, I am going to work for a friend of mine that has been in the business about 5 years and started his own Mortgage Co. March 1st. He too has been making in the $300k range but the last few years have been GREAT. I don't expect to make that much now.

 

[newbie666]

mortage sales ppl
make a huge profit if they come
a sales agent for sportsbooks....

 

[sherman]

say what?

 

[newbie666]

i heard a couple of mortage sales agents
they have spent 20 years and they
come to the conclusion that selling mortage packages are more difficult than selling a betting account...

 

[sherman]

really? curious why they stayed in the biz for 20 years?

 

[newbie666]

cauze they didn't have
an idea how easy is
to make money overseas...

 

[jimbutorac]

sherman,

i know a couple guys too that make around 300k annually in the mortgage business. They say first couple years are always the toughest, these guys have been at it for about 10 years and they are at the point where they no longer make cold calls and chase business with builders and Agents any more - they mostly get referrals coming to them.

Good luck to you and the red Sox.

 

[KAPPER]

congrats on your career change.

Your timing could not be worse. Interest rates are on the rise and refi is going to be way down for quite a long time.

With hard work you sould be able to make it. Good luck

 

[ellenwisdom]

you might be two years late the boom might be over when intrest rates soar good luck

 

[BoratSagdiyev]

Good luck Sherman. Maybe you can give me a mortgage....

 

[Buzzsaw]

Go get'em tiger. You can always go back to work so don't be nervous and ignore those who try to tell you that you'll never make it.

 

[sherman]

Thanx guys. I know my timing is HORRIBLE. Should of got in a few years back but oh well. I just hope I can make enough at first to keep going...

Anyone here from CT need a mortgage? Also, my wife has become a RE agent...

 

[RPM]

you sure picked a good time for it if your area is anything like mine.

 

[buckstudly]

good luck man

 

[Buzzsaw]

You should try to push folks who have adjustables into fixed. They are going to see their first increase in years soon plus I think its a smart move.