Part Time vs Full Time ???
Such a common dilemma for many people who are considering a career in Real Estate. Can I start part time?
As a manager I was asked this question often. My answer: You will have a better chance of winning rolliing dice at the casino than doing Real Estate on a part time basis.
The reason is simple: Being successful in Real Estate is a FULL TIME job and then some.
24/7 Commitment The Top Producers in any market will tell you that Real Estate is a 24/7 commitment to your clients. Today's buyer/seller expect us to be accessible via phone, internet or in person to handle the details of the transaction from start to finish. No excuses or they find a different agent.
- Flexible Schedule Oh yes, real estate agents have flexible schedules, but that flexibility means your schedule accomodates the client not you.
Income: Sky's Limit Yes, there is money to be made in Real Estate, but it takes time.
- I can't afford to quit my other job Then you can't afford to get into Real Estate. If you are considering Real Estate, you need a minimum of six months savings in the bank to cover expenses like classes, test, license, dues & other fees, gas, and marketing. It takes money to make money.
Little or no training Part time agents often miss training classes and/or sales meetings or take on-line classes as a substitute for live classes therefore they lack the skills that full time agents have. There is no substitute for live, hands-on training under the guidance and supervision of a knowledgeable broker/manager who will guide you through each stage of your career.
Lack of family support A vicious cycle begins: No time. No money. No parent/partner. Frustration and disappointments mount.
The family asks: What's wrong? (Yes, there are a few agents who started as part time agents and rose to Top Producers in their market. They are the exception and few in number. Most leave the business without reaching their potential.)
Review your personal situation including your finances then discuss your plans with your support team a.k.a. your family.
After you decide that Real Estate will be your new career path, the next decision which company you will associate with is CRITICAL.
Training & support Key to Your Success in Real Estate (Watch for sequel)