Real Estate Career: Part Time vs Full Time???

By
Education & Training with Alan Kells School of Real Estate/Howard Hanna Real Estate

 

 

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 Diceat 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:   CareerNo 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. Family  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)

 

Posted by

 ***************

Mary Yonkers

 

      I thought about a Real Estate career for 11 years before I made the decision to get my Pennsylvania Real Estate license in mid-80's.  

      Thirty years later I can say affirmatively that Real Estate has been a fantastic career. 

      Come join me in class soon. Mary Yonkers, Real Estate Instructor

 

With so many homes for sale in Erie PA, this is the right time to begin your career as a Real Estate salesperson in Erie, PA.

 2018 Alan Kells

 

 

 

www.alankells.com

Mary Yonkers, Real Estate Instructor

 

 
 Mary Yonkers Howard Hanna Real Estate Services in Erie, PA

          Office:  814-835-1200 or Cell:  814-881-7548

Real Estate Classes Alan Kells Schools of Real Estate in Erie, PA  1-412-967-0240 

Real Estate Career in Erie, PA  1-814-835-1200

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Pennsylvania Erie County Erie
Groups:
Almost Anything Goes
Active Rain Question Of The Week
Cosmic Cow Pie...The Rome Way
Be The Best In Your Field
Bananatude
Tags:
real estate career full time part time real estate classes alan kells erie pa mary yonkers

Spam prevention
Show All Comments
Ambassador
2,177,744
Wanda Kubat-Nerdin - Wanda Can!
Prado Real Estate South - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Mary, I was one of those part-timers and agree that this is not a part-time business. I have my family's support and it does get stressful but they know I am in it for the long-term and that I work so hard in order to provide for them and create a better living standard for us as well. I truly enjoyed your post, thank you and a Happy New Year to you and your family!

Dec 31, 2009 02:59 AM #1
Rainmaker
1,206,262
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Wanda--Your hard work and dedication shows in your blogging.  I have enjoyed our virtual friendship and look forward to 2010.

Dec 31, 2009 03:14 AM #2
Rainmaker
320,510
Carra & Shae Riley
Brokers Guild Cherry Creek Ltd - Westminster, CO
Helping people Transition at all ages!

Mary,

This really tells it like it is!  Real Estate is DEMANDING... it gives you flexibility with time.. but takes much more time than a 40 hour per week job!  Now adding social media into the picture... mmmmm I wonder how some people sell, list and keep up with social media... That is a SERIOUS question!

Happy New Year Mary! 2009 has been a lot of fun and thanks for all the help on the learning curve.. I expect to learn MORE in 2010 with you! 

cow

Dec 31, 2009 07:35 AM #3
Rainmaker
1,206,262
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Carra,

Happy New Year to you, too.  Thanks for your support & friendship during 2009. 

This is the time of year when people are thinking of starting a new career so I wanted to cut to the chase.  Tell it like it is and I appreciate the input of people like you who can talk from experience.

Be safe tonight.

Mary

Dec 31, 2009 08:27 AM #4
Rainer
104,398
Frank Kliewer
Woodinville, WA

Hi Mary, Great a chance to wish you a Happy New Year just before midnight. My situation is that I am always running into additional opportunities I can't pass up. But, I always find my way back to my real estate hat. You might check out my closing series for 2009 on this subject. Best to you in 2010!

Dec 31, 2009 12:42 PM #5
Rainer
273,383
Irene Tron
Valparaiso, IN

You are so right!  I find many start real estate with false expectations.  It is definitely NOT an easy business and the money does not come quickly.  I was very blesed to have a closing within 4 months of starting my business.  If it wasn't for that I think I might have giving up trying. 

Jan 01, 2010 12:38 AM #6
Rainmaker
1,206,262
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Good morning Frank.  Thanks for the New Year wishes.  You are welcome to visit any time.  I check your post shortly.

Jan 01, 2010 01:07 AM #7
Rainmaker
1,206,262
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Hi Irene,

So often we are on our computers at the same time.  One of these days I may just pick up the phone and have a real conversation with you.

Me, too.  My first closing was four months after getting my license.  Another similarity.

Enjoy the first day of 2010.

Jan 01, 2010 01:09 AM #8
Ambassador
876,646
Connie Harvey
Pilkerton Realtors - Brentwood, TN
Realtor - Nashville TN Real Estate

Mary, I'm looking forward to a very rewarding friendship with you this year! WE will keep each other on track with our blogging and I'll be back to comment on the 24/7. :) Happy New Year!

Jan 01, 2010 05:14 AM #9
Rainmaker
1,206,262
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Connie--that's a deal!

Jan 01, 2010 05:18 AM #10
Rainmaker
294,335
Marilyn Harrell
ReMax Riverhaven - Beaverton, MI
Wixom Lake - Beaverton MI

You make some really great points and entertaining presentation (I should have been a teacher - it runs in my blood!). I did start part time for the first three years, and I still agree with you!!! Especially the flexible schedule! Have a great day!

Jan 03, 2010 04:00 AM #11
Rainmaker
1,206,262
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Hi Marilyn,

I give you a lot of credit starting part time, hanging in there for three years.  Congrats on making the decision to go full time.  How long have you been in real estate?

Another similarity . . . My degree is education and I taught for 16 yrs before going into real estate.  Now I teach part time which still seems all consuming at times.  I love it.

Jan 03, 2010 06:41 AM #12
Rainer
129,071
Deena Cottingham
GreenApple Staging & Images, Calgary Staging & Photography - Calgary, AB
Home Stager & Photographer

Hi Mary. Great information is this post! Is it possible to do really start any business part-time?? Even if that's the intent, I think you find yourself pushing hard at it at least 40 hours a week (often way more)! Or packing it in . . .

Jan 03, 2010 10:20 AM #13
Rainmaker
1,648,677
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

Love this list. I also started as a part-timer and the economies of scale from going full time were infinite.  

Feb 27, 2019 09:21 AM #14
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,206,262

Mary Yonkers

Erie/PA Real Estate Instructor
Ask Mary about Real Estate classes in Erie, PA
*
*
*
*
Spam prevention

Additional Information