Can A Real Estate Agent Be A Part Time Agent??

By
Real Estate Agent

 

                                                                     

I just read one of the most startling articles that I have read in a long time! 77% of agents treat real estate as a part time job.  Taking your fiduciary duties of care, obedience, accountability, loyalty and disclosure to your client as a hobby, or something that you do when you have the time for it is shocking!!

One of the first questions that you should ask any agent that you are going to hire is, time "Is this your full time occupation?" Can you imagine if your surgeon was moonlighting as a bartender? How about if your lawyer, working on your big case, spent most of his day as a carpenter? Not that any of those professions carry any less importance, but if someone is being hired to work on your behalf, you should know if they are going to only have some time to offer you.

One of the hardest things in this job is trying to complete a transaction and not being able to reach an agent to find out when the appraisal will be, or what the inspection issues are, you get the idea.  If someone is not going to be available on your behalf, you should know that up front.  I hear agents with other jobs saying, in this market, it's hard to keep real estate as my only career.  It's hard to make a living.  But which came first?  The lack of commitment or the difficulty in making sales?  Hum...It makes me wonder??

By: Karin Stocknoff November 9, 2010.                            

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Rainmaker
531,863
Karen Feltman
Cedar Rapids/Iowa City, IA KW Legacy Group - Cedar Rapids, IA
Relocation Specialist in Cedar Rapids, Iowa

You will get a lot of comments on this one.  I think that it is less about the time that you spend at the job, but the quality of the representation that you give.  You can be a full time agent and still be lacking the knowledge and skills required to close a transaction successfully.  Then there are agents that have another occupation that are passionate about doing their best and knowing their limitations in assisting their clients. As long as the client understands the limitations of the agent, it makes no difference if you are full time or part time---as long as they are available to represent the client fully!

Nov 09, 2010 07:26 AM #1
Rainer
109,844
Ron T. Weems Jr.
Weems Property Group | KW North Sound - Bothell, WA
Managing the details one home at a time.

Well, if you are making a transition to becoming a real estate agent full time. I don't think it is any harm in that situation. As long as the agent let their client know about their transition.

Nov 09, 2010 07:27 AM #2
Rainmaker
424,031
Jean Hanley
Coldwell Banker Kivett Teeters - Hemet, CA
Specializing in Folks Who Want To Buy/Sell Homes

For 33 years I have been saying NO....however, in this current market, I am seeing more and more FULL TIME agents taking on second jobs to make ends meet.  So, I guess that would make them part-time.  Doesn't make em bad.

Nov 09, 2010 07:50 AM #3
Rainer
205,279
Candy Miles-Crocker
Online Real Estate Agent Training - Chevy Chase, DC
Realtor - Real-Life Real Estate Training

I have found that part-time agents are often more deligent and current that some full-time agents.  They can definitely be more productive because they have limited hours to spend doing the job so they can be much more efficient.  One thing I will say, that if you have part-time (or dual-career) agents you, as a broker should offer evening training that is mandatory or get them into some kind of training program.

Nov 09, 2010 08:31 AM #4
Rainer
245,227
Judd Reynolds
Exit Team Realty - Savannah, GA
Savannah, GA

I see both sides of the issue, but would have to agree with the other peoples comments. Ability, training, attitude and focus, can be more important than one's status as "full time". It really depends on each person. How many "Full time" agents do you know that haven't closed a deal in many months, or how many other "Realtors" attend your local meetings, but haven't sold anything for years? They may have the ability, but just don't have the drive to go out and get new business. There really are many different angles this could be analyzed from.

Nov 09, 2010 12:36 PM #5
Anonymous
Karin Stocknoff

I love the dialogue and appreciate the feedback.  I love the point that the client should be made aware of the agent's availability and the agent's training and experience. 

Such great points!  Thank you.

Nov 10, 2010 01:15 AM #6
Rainmaker
679,851
William James Walton Sr.
WEICHERT, REALTORS® - Briotti Group - Waterbury, CT
Greater Waterbury Real Estate

I am encouraged by the comments left in response to this post, to say the least.

It really does depend on whether the client is informed of the agent's situation, the nature of the other job, and the agent's dedication and commitment to providing the best possible service to that client.

What gets me so annoyed by the line of reasoning behind the question is the belief that an agent is committed to one client solely at any given time. That would be impossible to be successful. So, what is the difference to being committed to 5-10 clients at a time over a period of months vs being committed to 2-3 clients at a time and working another job???

Nov 10, 2010 05:47 AM #7
Anonymous
Anonymous

William...Such a great point that the dedication to the client is the most important thing!  I admire anyone with a good work ethic. 

Nov 10, 2010 07:19 AM #8
Anonymous
Anonymous

William...Such a great point that the dedication to the client is the most important thing!  I admire anyone with a good work ethic. 

Nov 10, 2010 07:19 AM #9
Anonymous
Real Estate agent

I have to agree with everyone's comment more then the original post.  My children are more important to me then anything and I have choosen to be a stay at home mom.  I am still extremely busy in real estate and all my clients know I stay home with my children, and most respect it very much! I have never in 11 years in real estate had one client not work with my because of this. I want to know, what is a full time agent?  Does that mean you sit in the office everyday when your not on the road?  I don't think sitting in the office makes you a better agent; everyone works differently.  It's all about focus, dedication, skills and commitment to your job and clients.  I find when your honest with potential clients they respect it and understand it. 

Mar 21, 2011 07:03 AM #10
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Rainer
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The Kasey Group

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