Starting a new career in real estate can be lucrative. It can also be scary to not get a steady paycheck. If you are interested in starting a career in real estate, consider beginning part-time. The gap between the highest earning agents and the lowest earning agents can be a big as $20,000 a year. Starting out, you don’t want to put all your eggs into the same basket; working part-time is a great way to get your foot in the door without worrying about losing everything.
Part Time Career in Real Estate
So, you’ve decided to begin a part-time career in real estate, what’s next? The first thing you need to do is build a reliable customer base. Though friends and family are a decent place to start, make sure to look elsewhere. Even relatives might not want to use you as an agent if they know that you have a modicum of experience. If it comes down to a close friend who is new to the arena of real estate and a stranger with years under their belt, don’t be surprised if they pick the latter. After building a reliable customer base, many part-time agents make plenty of money to supplement their existing income. With some time to grow your customer base and increase your experience in real estate, you can become a full-time agent if that is something you want to do.
But let’s not get ahead of ourselves. As a new part-time real estate agent, you will need to gain more knowledge and experience if you are going to get anywhere. Starting out by yourself, it can be tough to do this, and that’s why we recommend that you find a brokerage firm that can help you. Firms usually have formal training programs that can coach you in your new career in real estate.