"..any moron can sell loans or houses nowadays,..."
And they have been for the past few years. I think, however, that soon many of these people will be settling back down to their natural career levels, once some of the changes in the RE marketplace are realized.
I was at an open house a few weeks ago. The listing agent was there. During our conversation, it came out that not even 18 months ago, she was the manager of a Wendy's. This property was listed for $1.2 M.
Not to pass judgement, but it would seem that the career track from fast food manager to transacting $1M real estate would be more involved.
Many of the mortgage brokers that I talk to recently came directly from used car dealerships.
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