Sonia Gilbukh
👤 PersonAppearances Over Time
Podcast Appearances
It's a really important decision financially, emotionally. You need a little bit more hand-holding.
It's a really important decision financially, emotionally. You need a little bit more hand-holding.
It's a really important decision financially, emotionally. You need a little bit more hand-holding.
I'm Sonia Gilbook, and I'm an assistant professor at Baruch College. Most of my research is about the housing market and how buyers and sellers find each other and how real estate agents help them in that process.
I'm Sonia Gilbook, and I'm an assistant professor at Baruch College. Most of my research is about the housing market and how buyers and sellers find each other and how real estate agents help them in that process.
I'm Sonia Gilbook, and I'm an assistant professor at Baruch College. Most of my research is about the housing market and how buyers and sellers find each other and how real estate agents help them in that process.
I mean, they're supposed to help. And because in the U.S. most of the transactions go through a real estate agent, I'm putting help in a way that there's no alternative for the consumers.
I mean, they're supposed to help. And because in the U.S. most of the transactions go through a real estate agent, I'm putting help in a way that there's no alternative for the consumers.
I mean, they're supposed to help. And because in the U.S. most of the transactions go through a real estate agent, I'm putting help in a way that there's no alternative for the consumers.
The main takeaway is that not all agents are the same.
The main takeaway is that not all agents are the same.
The main takeaway is that not all agents are the same.
There's some really experienced agents that offer different quality service from really new agents. There's a lot of inexperienced agents out there, and they provide a much lower quality service in terms of probability of sale, which is especially important in a down market.
There's some really experienced agents that offer different quality service from really new agents. There's a lot of inexperienced agents out there, and they provide a much lower quality service in terms of probability of sale, which is especially important in a down market.
There's some really experienced agents that offer different quality service from really new agents. There's a lot of inexperienced agents out there, and they provide a much lower quality service in terms of probability of sale, which is especially important in a down market.
It depends on the state, but in most states you have to take a course, which could be a 50-hour course. So you put your foot down and you can be done with it in a week. And then you take a state test and you pay a license fee. It's just so different from any other profession. where you have to get a degree or you have to get an apprenticeship before you can actually practice.
It depends on the state, but in most states you have to take a course, which could be a 50-hour course. So you put your foot down and you can be done with it in a week. And then you take a state test and you pay a license fee. It's just so different from any other profession. where you have to get a degree or you have to get an apprenticeship before you can actually practice.
It depends on the state, but in most states you have to take a course, which could be a 50-hour course. So you put your foot down and you can be done with it in a week. And then you take a state test and you pay a license fee. It's just so different from any other profession. where you have to get a degree or you have to get an apprenticeship before you can actually practice.
And it's really easy to get a job because the agents essentially work for themselves. When an office hires an agent, they hire them as a contractor. So they're not on the hook for any salary at all. They're just getting part of their commission. So they don't lose anything by hiring as many people as they want.
And it's really easy to get a job because the agents essentially work for themselves. When an office hires an agent, they hire them as a contractor. So they're not on the hook for any salary at all. They're just getting part of their commission. So they don't lose anything by hiring as many people as they want.