Here are some tips for how to make this career choice work for you. Here are some additional prospecting tips to generate more real estate leads. If the answers to the above questions have you fired up to begin your new side hustle, this section is for you. Here are the steps you’ll need to take to start as a part-time realtor. Tina Lapp is the Head of Industry Relations and Career Excellence. With nearly 30 years of professional education experience in the real estate sector, Tina empowers aspiring and seasoned professionals to thrive in their careers.
This will help you stay on top of things and feel more organized. Tools like email autoresponders and scheduling apps can also help you let clients know when you’re free and manage your availability. Most agents are considered independent contractors, not employees getting a salary in this line of work. Your earnings as a real estate agent depend on your expenses and the number of sales you make.
Factor 4: Brokerage Needs
Part-time agents may have a separate source of income or work in real estate as a secondary job. Due to limited availability, they may encounter challenges regarding time management, availability, and fierce competition with full-time agents. Looking for a flexible career that fits your busy schedule? Whether you’re searching for a side income or exploring a new career path, working as a part-time real estate agent could be the perfect opportunity. Real estate offers an accessible entry point with affordable licensing and quick completion times. If you’re ready to dive right into step one, I suggest checking out our top choice of online real estate schools, Colibri Real Estate, for your prelicensing courses.
Steps to Become a Part-Time Real Estate Agent
We are consistently impressed with the quality of education, their well-designed self-paced courses, and their pass-or-don’t-pay guarantee. Real estate agents must have a sponsoring broker representing buyers and sellers in transactions. Part-time real estate agent options might be more limited than your full-time colleagues. However, some brokerages are happy to hire energetic, talented part-timers.
You can become a real estate agent in every state in a matter of months, and the licensing process is very affordable compared with other career training programs and college degrees. The flexibility, earning potential, and accessible entry requirements make it an attractive option for many professionals seeking additional income or career change. Here are three main tasks your clients will require you to perform as a part-time real estate agent. This guide covers everything you need to know about working part-time in real estate, including how to get started, pay considerations, and the key pros and cons of the role. I’m sure you’ve got some burning questions about how it works and whether you can do real estate part-time.
How Do I Get Into Real Estate Business (5 Steps)
All states require a pre-licensing course, though the course length varies. For example, California requires 135 hours, while New York requires 75. Some states, like Florida, also require a post-licensing course after your first license renewal. You’ll also need to pass a licensing exam and complete a background check.
It can take a few weeks to a few months to become a part-time real estate agent, depending on how fast you go through the training, pass the exam, and meet other state and brokerage requirements. Make sure to look into the specific rules in your state so you can plan out your real estate career properly. Part-time agents have less availability and primarily focus on evenings and weekends to meet with clients, show properties, and handle admin tasks. Being organized is key for part-time agents as they juggle real estate responsibilities with their primary job. For instance, a full-time teacher might do real estate part-time by using their evenings, weekends, and school holidays to serve clients and manage their real estate business.
Factors to Consider: Is a Part-time Real Estate Career Right for You?
The potential to earn is huge, but you could make no money in a month or even operate at a loss after covering your expenses. Are you concerned about balancing other responsibilities with your real estate career? Discover the best real estate blogs to stay updated on industry trends, market insights, and tips that will help you succeed. Learn more about the steps to becoming a real estate agent and your state’s requirements to get started. Explore real estate trends with housing charts on prices, rates, and more. Get key insights to stay ahead in today’s changing market.
Things To Do After Getting a Real Estate License (Step-by-Step)
- Real estate agents must work under the supervision of a broker, so you must find a brokerage in your area to partner with before you can show homes or oversee transactions.
- For instance, a full-time teacher might do real estate part-time by using their evenings, weekends, and school holidays to serve clients and manage their real estate business.
- Get key insights to stay ahead in today’s changing market.
- Real estate offers an accessible entry point with affordable licensing and quick completion times.
- Here are some tips for how to make this career choice work for you.
Knowing your state’s specific steps is key to starting and growing your real estate career. As a full-time real estate agent, you’ll work during regular business hours, evenings, and weekends to fit in with your clients’ schedules. You’ll also spend a lot of time looking for new clients and networking with other industry pros during the day. Being a part-time real estate agent means working 35 or fewer hours in the real estate industry, likely due to other jobs or personal interests and commitments.
Step 3: Choose the right brokerage.
However, being a part-time real estate agent isn’t a walk in the park. Here are factors to consider and what you need to know to pursue this career path. It’s a great move for anyone interested in a flexible and potentially profitable side hustle. It’s perfect for those who value freedom, entrepreneurship, and helping others.
This way, they can pursue their passion for real estate while keeping the security of their full-time job. Success as a real estate agent as part-time job requires dedication, smart time management, and the right educational foundation. With proper training and support, you can build a thriving part-time real estate career that fits your lifestyle and financial goals. To become a real estate agent, you need a state-specific license, as each state has its own requirements.
It would be best if you found a brokerage that supports part-time agents. You must let your brokerage know if you are only available at particular times throughout the day. “Part-time realtor salary” searches often yield encouraging results, with agents earning competitive commissions on each sale or lease. See the realtor safety tips that will help protect both you and your clients.
- With nearly 30 years of professional education experience in the real estate sector, Tina empowers aspiring and seasoned professionals to thrive in their careers.
- Being organized is key for part-time agents as they juggle real estate responsibilities with their primary job.
- Read our article on common real estate frauds to stay informed.
- Discover the best real estate blogs to stay updated on industry trends, market insights, and tips that will help you succeed.
Start with local brokerages with solid reputations, and don’t hesitate to ask questions about their expectations. Read our article on common real estate part time real estate agent jobs employment frauds to stay informed. I understand that my consent is not required to purchase, and that cancellation of purchase does not automatically revoke this consent. Real estate agents must work under the supervision of a broker, so you must find a brokerage in your area to partner with before you can show homes or oversee transactions.
Unlike many traditional jobs, a real estate career offers the flexibility to set your own schedule. You can take on clients at your own pace and gradually invest more time and resources as your business grows. The US Bureau of Labor Statistics states that part-time agents work less than 35 hours weekly. Still, part-time agents can be successful with good time management and a focus on excellent client service. If these hours fit your schedule and lifestyle, being a part-time realtor could be a great real estate side hustle. Colibri Real Estate offers flexible, state-approved pre-licensing courses designed for busy schedules like yours.
Remember, clients really want an agent who’s committed to them and their goals, not just someone who’s sold a certain number of houses or worked a specific number of hours. Before you decide, it’s essential to weigh the pros and cons of being a real estate agent, part-time or full-time. When working part-time as an agent, being available for your clients 24/7 can be challenging. But you can manage this by being clear with your clients about when you’re available and how quickly you can get back to them.
Are you thinking about switching careers and wondering if you can do real estate part-time? I’ll discuss some common questions about being part-time in the real estate industry, the pros and cons, and how to get started as a part-time real estate agent. The education and license requirements for full-time and part-time agents are the same regardless of how many hours you choose to work.
Our self-paced online classes and expert instruction help you pass your real estate exam and excel in your career. Plus, we offer financing options and a Pass or Don’t Pay Guarantee to make your investment risk-free. Do you have the capacity to work part-time as a real estate agent?