Last week I posted a blog revisiting the notion of starting a new real estate career part-time in order to hedge one's bets (and put food on the table). Got some fantastic, well-thunked-out comments, some agreeing with me, some not... which of course, makes the discussion interesting.
But one of the later comments got me thinking (thunking?)...
Steve Bachman left this comment: "What percentage of agents nationwide make their total family living in this business? My guess is less than 15%. What do you think? The nice part of the business is that you can make it what you want. My wife and I are full time, but most of the agents we know have other sources of income and do not work ‘full time'."
I have no idea what percentage of agents depend 100% on real estate for their income, but it was the second part of Steve's comment that got my wheels spinning.
"The nice part about this business is that you can make it what you want."
And here was my (slightly edited) comment-on-the-comment: "If someone doesn't want to make much money selling real estate and won't be frustrated (or financially devastated) by not making much money, then sure, I guess it's fine for them to dabble....But it's scary to think that it's "okay" to dabble in a career that involves such huge sums of <other people's> money... "
"Don't Be Dorky, Be YOU!" in the SWS Virtual Studio tomorrow (Saturday) morning!
Details and registration here.