Which provides more stability? a loan officer or realtor?
Answer:
Both can be up or down depending on the market. If you WORK for someone else as a loan officer, they tend to let you go as the market drops. It's happening to many locally as I type.
As a realtor you usually have more say over your own income, though it can again be down in a down market -- and it can also depend on whether you're the agent or broker.
One thing you might want to consider is adding another stream of income to your arsenal. For example: you might also look at getting yourself trained and licensed in securities and/or insurance. That would add another river to your income stream.
Many folks seem to think that stability is a function of a job and working for someone else - but layoffs and downturns and outright working to make someone else's dreams become a reality and not your own, tend to show the error of that idea of stable.
There is also the real fact that income in loans or realty can fluctuate, so stability may be more a function of how you structure yourself and what niche you choose to work in.
And, yes, I can do the loans and I'm also licensed in other areas, but I'm not about to go into that on this site.
realtor
A loan officer.
You work for a lender that the realtors go thru.
One realtor may show 100 homes and not get a sale.
One loan officers may get the business of 100 realtors.
well i think it depends on market..but if market is not overrated then realtor should provide more stability..
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