What You Need To Know About Doing Real Estate Part Time
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- เผยแพร่เมื่อ 1 มิ.ย. 2024
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Can you do real estate part time? Of course - a lot of people do.
But doing real estate part-time comes with both benefits and challenges.
Working part-time in real estate is a different beast than working full-time; there are additional considerations, especially when it comes to scheduling.
Today, we’re going to take a look at the part-time realtor, what it means to work real estate part-time, and what you need to know when you want to ramp up.
00:00 Intro
01:33 Can You Do Real Estate Part-Time?
02:33 How Do You Get Started With Real Estate Part-Time?
03:53 Why Would You Be a Realtor Part-Time?
05:06 Is Being a Part-Time Realtor Worth It?
05:57 How Do You Manage a Part-Time Realtor’s Schedule?
06:47 What Are the Pros and Cons of Doing Real Estate Part-Time?
08:44 How Do You Transition to Full-Time?
10:44 Are There Any Reasons You Shouldn’t Be a Part-Time Real Estate Agent?
12:11 FAQs
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//COME SAY HI!
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#kylehandy #realestatetraining #canyoudorealestateparttime
I’ve been earning from real estate mostly by co-owning properties. Like if there’s a property of say 50 million dollars, i can invest 500k, as the property keeps appreciating my money also appreciates and I get dividends on the money I invested.
Is this similar to crowdfunding?
@@rodolfo-gh6rh it’s nothing similar to crowdfunding, it’s way different. It’s more like REITs. I own a part of the property in actuality , and I also get to earn a part of the Monthly rental income which varies per month.
Wow, that’s really a great investment opportunity with less risks I would say.
It’s actually less risky and more profitable in my opinion, it brings more value compared to really going out to get an entire property and taking the risk all by yourself.
@@turgesten726 I’ve been looking for a way to invest in Real Estate deals like this, but I’m clueless on where to get started, how do you find such deals and know a good one?
The way you discussed time management and prioritizing tasks to make the most of my limited hours was eye-opening. Plus, your tips on building a network and leveraging technology make this journey seem so much more manageable. Thanks for sharing your knowledge and experience, Kyle!
I truly appreciate your kind words and am thrilled to hear that you found the time management and networking tips helpful! Making the most of limited hours in the real estate industry can be a challenge, but with the right strategies, it becomes much more manageable. If you ever have more questions or need further guidance on any aspect of your real estate journey, please feel free to reach out. I'm here to help and share my knowledge and experience. Best of luck with your real estate endeavors!
Thank you
You're welcome Claudia
#endcrew. Currently taking the RE license course, can’t wait to get going
💪 let's go Marc!
Thanks
It's my pleasure and thank you for watching Jeth.
#EndCrew. I really enjoyed the video; you are a great speaker. I currently work the Div of Taxation in NJ, which I love but have always been drawn real state. For right now, I'm just looking into it. We'll see!🤔
Hey Jennifer!
Thank you for your comment and for being part of the #EndCrew! I'm thrilled to hear that you enjoyed the video and found my speaking engaging. Your kind words mean a lot to me.
It's fantastic to hear that you're considering a career in real estate, especially since you've always been drawn to it. Exploring new possibilities and following your passions is an exciting journey.
While you currently enjoy working in the Division of Taxation in NJ, it's great that you're open to exploring real estate as well. It's a dynamic and rewarding industry that offers numerous opportunities for growth and fulfillment.
If you ever decide to dive into real estate, know that there's a vibrant community of professionals ready to support and guide you. Feel free to reach out if you have any questions or need advice along the way. I'm here to help!
Wishing you all the best as you consider your options. Whether you choose to pursue real estate or continue thriving in your current field, I hope you find fulfillment and success in whichever path you take.
#endcrew exploring this idea and you made it intriguing. Thank you
Thank you Christa
It’s definitely game changing and eye-opening when you are a full time agent, giving up the 9-5 w/ weekends off. You get a true sense of the market and game that is real estate when you’re all-in.
Absolutely, transitioning from a traditional 9-5 job with weekends off to becoming a full-time real estate agent is a game-changing and eye-opening experience. It's a bold move that comes with both challenges and rewards. In summary, going all-in as a full-time real estate agent is a transformative experience that can provide you with a deeper understanding of the real estate market and open up new opportunities for personal and professional growth. It's a path that many find rewarding, but it's also important to be prepared for the challenges and the dedication required to succeed in this dynamic field.
I’m currently going through my onboarding paperwork but just found out my one local contact has moved on to a new brokerage. Wondered if I could add you as my sponsor since I’ve found your content most valuable
? I’m in Michigan and looking to do this seriously but part time since I do have a 9-5. Looking to do this in order to set up for something to do in retirement eventually.
Hi..nice info...i am planning to be only a buyers agent...and as a part time agent i need to pay to broker to do the paper work right? so what is best cheap firm who can help to do this with regular monthly payment?
hi :0 i see you reply to most of the comments, so I'm obtaining my realtor's license right now but I have a full-time job plus I'm a full-time student. I just wanna have as many fall back plans as possible, also is it possible to schedule meeting around the evening time such as after five?
Real estate's a more-than full time job (especially in the beginning). It's not impossible to have success part-time but every extra challenge an agent puts on themselves make it that much more unlikely they'll have success in the short-term. You can setup appointments for the evening only but as an agent you're typically on the clients schedule and that could definitely cause issue. You'll want to likely partner with a trustworth full-time agent in your area so they can help when you can't and you pay them a referral fee or comission.
The availability aspect was the first intuition when it was first suggested that I consider becoming a realtor. My full time job is very restrictive without any flexibility to manage being available during the week if something of urgency arises that needs my immediate attention as a realtor. That’s a problem.
What's been your experience managing it so far?
I have all the time in the world so im going all in for the long term.
That's a fantastic attitude, and having the dedication and long-term vision can be a powerful asset in the real estate industry. Real estate can be a rewarding and lucrative career, but it often requires patience and persistence. Remember that the real estate market can have cyclical trends, so being prepared for ups and downs is essential. With your long-term commitment and the right strategies, you can build a successful and fulfilling career in real estate.
I’m only available on weekends, no week days - due to my family schedule with my kids
Will working weekends be ok?
It's possible but you'll be very limited and it'll likely cause problems with your business if you don't have a team to rely on and carry on business for you throughout the week.
I want to work EMS and where I work now we do 24 hour shifts and have 48 off but once we are more staffed we'll do 24 72 so Ill only work two days a week but still have overtime plus part time RE to use to save for a rental.
Nice! That would give you lots of time work your RE biz.
@@KyleHandy oh definitely. It also helps a lot that my dad did so much good work in fixing properties so people in the business knew him well.
Would it make sense to get my real estate license now if my goal is to move to another state in a few years that wouldn't count my license in my current state? Or should I wait?
Id also like to know!
Whether it makes sense to get your real estate license now, considering you plan to move to another state in a few years, depends on several factors. Ultimately, the decision depends on your career goals and your willingness to navigate the license transfer process when you move. If you're committed to a career in real estate, getting licensed now can provide a foundation of knowledge and experience. However, if you're uncertain about your long-term plans, it may make sense to wait until you're in your new state to pursue your license.
#ENDCREW. Thanks so much for this. It was super informative and completely affirmed my reasoning that going part-time initially is do-able. I'm a single mom, so the extra income potential is exciting. My kids are in the last years of high school, so they can be left on their own while I learn and build my pipeline and then I'll be ready to go full-time in a few years once they're on their own. I'll be able to build my business in the next chapter of my life. Super excited!
Let's go Lori! Excited for you!
I’m excited for you. Much success to you!
Good luck 🍀
This couldn’t have come out with better timing
Glad you found it helpful Timmy!
HI! I'm looking for any advice or experiences from anyone who has or does part-time as a real estate agent?
My current situation, I'm working in a warehouse/manufacturing job. I currently work 5am-3pm. I want to pursue a job in real estate part time because i dont want to go without an income. And down the line potentially full time.
ANY advice or experiences welcomed!
Right now i have 1 month since i get started with absolutely not knowledge about real state aside of my experience as crypto trader and what I've learned during 4 years of the financial markets, fortunately i have saves for at least 3 months, I've learned a lot about real state in just 1 month, already increased my network and figured out where to find networking, got a lot of listings, and just waiting to get a certificate of a course I'm gonna take, to start publishing the more of 20 listings i have with some of the strategies I've watched here in TH-cam....
Conclusion: with a full time job, i wouldn't be able to learn what I've learned so far, maybe the half as max. So i can the process as full time agent is x2 faster
#endcrew Thank you for the great info!!
My pleasure and thank you for watching Melissa.
#ENDCREW
I have always been uncomfortable telling brokerages that I wanted to be part time. Your video makes me feel like it is ok!
I'm really glad to hear that the video made you feel more comfortable about the idea of pursuing real estate on a part-time basis! It's important to remember that there's no one-size-fits-all approach in the real estate industry, and part-time real estate can be a viable and rewarding option for many people. Thank you for watching the video Jennifer.
I'm a substitute teacher looking to get busier this year and want to start part-time. Have you found any brokerages that take part-time?
#endcrew and I have 2 jobs and am now going to do real estate part time for my 3rd job. Is that too much? I’ve just heard so many horror stories about people not being able to generate sales and giving up that I don’t want to give up my jobs yet
Which 2 jobs do u have? It also depends on what hours u're free after 2 jobs done
@@anhelinabodnar1066 I deliver bread in early mornings. Up at 1:30 and home around 11 and my second job is 3 nights a week from 5-9 at a home improvement store. 2 months later I manage to fit time in the middle of the day and weekends when I can but I feel it’s working and am doing a good job. I might be able to get rid of my PT job in evenings once I get a couple more sales under my belt. I don’t get much sleep but my work schedules have allowed me to put a good amount of effort into real estate mid day. I’m probably doing real estate for 12 hours a week currently. I have a family I can’t ignore either so my schedule is full but I’m still here 2 months later.
@@robertbethel6074 so inspiring!!!👏
#endcrew thank you for your advice.
You are so welcome Barbara
I did part time........ and................i went full time in a month......
Thanks for watching! What drove you to full time so quickly? Closing a lot of deals or the necessity of putting more time into it, or both?
@@KyleHandy all it took was one client
Yes tell us how you did this magically in one month!
Did you feel like you were betting on yourself when you went full-time?
@@franciscocolin2008 +
#endcrew
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I feel in this video he says the same thing over and over but with different words… like yeah we get it
Hey Lukas, thanks for sharing your feedback on my video about doing real estate part-time. I appreciate your honesty, and I apologize if you found the information repetitive or redundant.
As a content creator, my aim is to provide comprehensive and clear explanations to ensure that viewers understand the concepts fully. However, I understand that different individuals have varying preferences and learning styles. I will take your feedback into consideration and make efforts to present information in a more concise and engaging manner in future videos.
I appreciate your feedback as it helps me improve the quality and effectiveness of my content. If you have any specific suggestions or topics you'd like me to cover in future videos, please feel free to let me know. Your input is valuable, and I want to ensure that I'm providing valuable and engaging content for all viewers.
Thank you for watching and for taking the time to share your thoughts. I'm always open to constructive feedback, and I'll strive to enhance the viewing experience in my future videos.
#Endcrew
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#improve
Feedback and suggestions for improvement are always welcome. If you have specific areas or topics you'd like to see improved in my content or if you have any particular questions, please let me know, and I'll do my best to address them. Your input helps me enhance the content and provide you with more valuable information.
#ENDCREW
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Thinking about getting started in real estate? Sign up for the best real online real estate school, Real Estate Express: Use code kyle40 to save 40% on classes: kyleh.link/realestateexpress
#ncrew. New just started learning
Thank you for watching the video.
#endcrew
#Endcrew
Thank you for watching
#ENDCREW
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#endcrew
Thanks Joshua Casto! 😀🙏🏻👍
#endcrew
Thank you Selena
#endcrew
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#endcrew
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#endcrew
Thank you Dan
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Thank you Adryn
#endcrew
Thank you for watching the video Kandie.
#Endcrew
Thank you Dasheta
@KyleHandy I've joined Exp Realty as a part-time agent awaiting my license from AREC. Any tips you can give me on getting started? I'm super excited, but I really don't know where to start.
#ENDCREW
Thanks for watching Daniel!
#ENDCREW
Thank you Jonathan..
#ENDCREW
Thank you for watching the video Beverly.