Where Do You Put Your Eggs? I predict a Full-Time to Shared-Time Realtor Shift

By
Real Estate Agent with Campo Realty

I treat my income like we all have been told to invest.  Be Diverse!  My real estate income is shared with other income.  About 5 years ago, my family health insurance premium increased $500 per month for insurance that I would consider sub standard.  It hit me like a freight train that I needed to weigh all of my options because my health insurance became more of a monthly cost than my home mortgage .  Now I share my time with my Virtual Tour company doing virtual tours and online marketing for other real estate professionals, local business owners, and doing hospitality tours for people that want to promote their industry.

I still work full time hours as a Realtor, but I consider myself part-time in the industry.  It is also beneficial for me that my Real Estate Professional time works hand-in-hand with my Virtual Tour Company and both of my companies reap rewards and contacts from one another.

I predict this shift becasue of the big picture of the economy, not just the sluggish housing industry.  I think that Real Estate Professionals  are going to be looking for other sources of income and benefits that may have been lost or reduced.  Some of the reduced benefits could be your spouses benefits from a layoff or employer cutbacks.

So when part-time Real Estate Professionls are taking a beating from others in our profession, it makes me wonder if it is all that important if you are a Full-Time Real Estate Professional or if you share your time with another income source.  I think as long as your clients' needs come first, you are committed to your profession, and you love what you do, you can be successful!   I am always disappointedin the agent that is quick to tell potential clients that they are Full-Time instead of how they would market their home or how they would be the best person to find them a home in their well farmed backyard.

I pulled some numbers and I have been selling more homes that some agents that have Full-Time plastered on their advertising.

It is our profession and it is our responsibility to promote it with integrity and not seek out a group of people to step on during the journey.  I have found that negative comments reflect poorly the the people they are directed to as well as the person making the comments.

Posted by

Ryan Gorman ~ Realtor 217.825.3930 Campo Realty Inc. Pawnee, Illinois

 

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Rainmaker
272,575
Ross Quintana
Real E Smarter - Spokane, WA
Real E Smarter Real Estate Coach - 509-362-1966

I see it both ways, in a sea of agents, a person has to show the benefits of using them. I think a part time Realtor can be a like an agent who is too busy, both may reflect on service and availability. But at the same time a part time agent may be more focused and more organized because they have to be. I always understand my values and how to present them, but for a part time agent you have to know how to respond.

Jan 12, 2010 03:39 AM #1
Rainer
262,278
James Bath
Gulf Shores Realty - Venice, FL
REALTOR® , AHWD® , SRES® ,e-PRO®

The part-time-supplemental-income job has got to be one where the Sales Agent can respond PRONTO and give FULL-TIME effort to the customer at hand.  A 9-to-5 job will probably not fill the bill.  An independent at-home job, Internet driven, perhaps, could be just the ticket.  The "trick" will be to work hard enough in the real estate side so that, for all intents and purposes, you are "Full-Time".  Few prospects will ever want to work with an agent who uses the excuses of being busy with another job. I know that it can be done successfully but special effort, energy and drive will be necessary! 

 

Cheers from Chilly Jim-In-Paradise

Jan 12, 2010 08:35 AM #2
Rainer
22,260
Lisa Schmitt
Coldwell Banker Honig-Bell - Plainfield, IL

Ross makes a good point about uber-busy full time agents who are too busy to properly service their clients vs. part time agents. The bottom line is that the client has to be served first and foremost. if you can do that in the time you have available, kudos!

Jan 13, 2010 02:18 PM #3
Rainer
24,961
Ryan Gorman
Campo Realty - Chatham, IL

Ross, Jim & Lisa, I appreciate your input.  I do agree that the shared-time position has to be flexible and able to respond immediately to calls and handle immediate situations that may arise and sometimes salvage deals.   We have all seen the super-busy agents and on occasion been able to speak with them.  One recent agent always has a full voice mailbox and you cannot even leave a message.

Jan 14, 2010 11:19 AM #4
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Rainer
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Ryan Gorman

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