My time here on Active Rain has been very fruitful. While I am able to connect with many people from across the country here in the 'Rain, off-line I receive aspiring emails that fuel my passion to reach out to many more. My blogging journey has been marvelous in ways I never envisioned when I signed up over 2 years ago. Recently, I've been asked about How I Felt About My Part-Time endeavors in my early days when he read about The Power of My Active Rain - My Success Story.
I love to shed my perspective on this topic today. Part-time agents. Do they have their places in this competitive business?
My definition of a part-time agent is someone who has a job somewhere that he/she needs to report to for a fixed amount of time during the day. Someone that not view this source of income as the main income.
I began my career in this business as a part-time agent about 6 years ago. I have never regretted the decision. In fact, I would do it again if I had walked the same road. There are not too many things in my life I would give a definitive answer like this.
Starting part-time gave me time to prepare for what's ahead mentally and financially.
I am a conservative person in my decision-making process. It is not me to jump cold-turkey. I know that the statistics against my success is HIGH. So, I needed something more "stable" to fall back on. Back in those days, I sought security in finances. I still do in a different way now.
Beginning this part-time gave me the opportunity to learn the ropes with no pressure. I learnt it well under a broker who accepted me as a part-time agent.
Working part-time let me set myself on solid financial foundation. I built enough to pay off debts and set aside savings to go off on my own full-time.
Also during my tenure as a part-time agent, my corporate boss created a Business Development department for me because he felt my talents better utilized there. He knew about my part-time endeavors and that never stopped him from growing me (even though he knew one day he will lose me). I blossomed where I was planted. During the day, I employed creative marketing, presentations, website maintenance, human relations strategies for the company. Just lots of work experiences that I use in my day-to-day business now.
So, all in all, I would say that my 8 year commitment to my corporate job was definitely God's plan in getting me ready for what's to come. So how could I say that getting my feet wet via part-time was a bad thing?
All of that being said, I probably wouldn’t wait 4.5 years before I take the plunge. In my opinion, I think 1 year would be a little too soon and I think 2 years would be just perfect.
In all honesty, there are no part-time agents. Just part-time efforts. That could happen anywhere and to anyone. Have you ever heard of those agents who stick signs in the yard, then play the disappearing games? Those who never return phone calls in days?
I want to be very clear on one message: Do to others as you want others do unto you. If you take this advice into your heart, this message will carry you very far into your career.
My advice would be to clean up your financial house (no consumer debts except your home mortgage), build a very large emergency savings and learn as much as you can during your time as a part-time agent. When it's time to jump off the cliff, just do it.
Stay tuned for my next blog on some good Rookie Activity tips that will set you apart from the rest.
Commentary: "Do to others as you want others do unto you" is a bible scripture found in Luke 6:13.
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I proudly serve and sell real estate in the northern suburb cities of the Dallas metroplex. If you are thinking about purchasing or selling your home in neighborhoods of Frisco, Plano, Dallas, McKinney, Allen, Little Elm, Prosper, Celina, Richardson, Dallas M-Streets, Dallas White Rock Lake area and other surrounding areas and more importantly, want to work with a local area expert, contact me at your earliest convenience.
I employ a systematic market approach in selling your home - an intentionally unique proposal that most real estate agents do not use. Find out how past clients are on their way to the closing table with this different proposition to home selling.
Contact:
Loreena Yeo
Realtor®/ Broker of 3:16 team REALTY
(214) 783-2210
loreena@loreenayeo.com
Copyright © 2009 by Loreena Yeo (3:16 team REALTY). Does Part-Time Agents Have A Place In This Competitive Business?
Do Not Copy. Serious actions will be taken. Re-blog is allowed for Active Rain members on the Active Rain platform when the content is taken in its entirety and credit be given to Loreena Yeo and 3:16 team REALTY.
I think working as a part-time agent can be difficult while working another job but just like you, many areas of my old position prepared me for real estate full-time. There are benefits to working as part-time agent initially, but I don't think it is a good idea for the long-term. I have been more successful since transitioning into real estate full-time and it allows more room for flexibility with client appointments since I don't have to schedule around another job.