The business model that gets that right will do very well in the near future, and I hope I work for them.   60% of brokerages with such pay structures go bankrupt every recession.

I can tell you that almost every 'investor' that was lured in by cheap cash flowing run down properties went bankrupt within a year or two because your rent and expense projections are always way off.

Katrina in Miami could bankrupt the state. 3. 

The landlord goes bankrupt, loses house.  

Do you go bankrupt; downsize your house; downsize your car; not go on vacation for 5 years; no college fund for your kids; etc.  

Deisy, I have always said a good education is always expensive,  And I have definitely had my share of those , lawyers went after some, got a judgement, 20K  and no one has money they started a new llc and bankrupt the other , but the lawyers got another 5k from me.

A ton of buyers have been over extending over the last 2 years and seemingly willing to bankrupt their future by bidding 50k, 100k, or even more over list for their "dream home".

If they go bankrupt you have to get in line with all the other creditors to get pennies on the dollar back.

I would bet 65% of discount/flat-fee brokerages will be bankrupt/out of business within 18 months from today. 

But I went with it.My point is I can’t and won’t go bankrupt at this point in my life.