Can You Be A Part-Time Real Estate Agent ?
Planning on joining the world of real estate? If you have dreams of soon living in a beach house with nothing else to worry about but picking out fun towels, we’re with you. But the journey to this glorious dream isn’t without its snags and pitfalls. You need to work on your education, network, and gain some experience in the field. But what if you are not fully committed to working in real estate but still want to get your foot in the door? Is this possible? Can you be a part-time real estate agent?
Yes, it is definitely possible to be a part-time real estate agent, but you need to know how to do it successfully. In the following section, we will discuss the many struggles of being a part-time real estate agent and how to overcome them.
1. Finding a Broker Will Be Difficult:
If you choose not to commit completely to working in real estate, you may have trouble finding a broker to represent you. Many are not willing to take on someone who might not be 100% committed. If you do find a broker who is willing to work with you, make sure you are 100% honest from the get-go. This is a relationship you will want to last for years, and you want to feel and be treated as part of the team. Brokers are often willing to work with you if you can show them that you are willing to put in the work and that you will not be a liability. So, be punctual, professional, and personable from the beginning and work hard at it. We at CRUM hire and train part-time agents to be successful. Click Here
2. Will You Have the Necessary Background?
Real estate is all about personal attention, and what prospective clients want to know is that you can give them that. You will need to be able to provide the attention you would usually provide as a full-time agent to prospects and customers.
Whether you have had work experience before or not, your prior experience and work skills can aid you as you get started. If you are a professional salesperson or out-going person now, you can adapt to real estate, as well. If you just have the desire, it may be best to take a part-time real estate course.
Many courses offer online training, which can work well for more seasoned employees who have demanding schedules at their day job. Take time to find one that suits you personally.
3. Will You Have the Necessary Network?
For part-time agents, networking is particularly important. You will need to know who to call on for future favors and to help you grow your business. No one will be able to hold your hand when the going gets tough, so knowing who to ask for advice or help will be crucial. Part-timers often get started with help from more established agents. Ask around for a lead on someone they know who would be willing to take you under their wing and help you get started in the business. It won’t be an easy road at all times, but more established agents can help steer you on the right path and help you learn the ropes.
4. Can You Make Enough Money?
Because real estate is such a competitive field and because so much is on the line, you will need to generate as much business as possible. You have to be able to make enough money to be worth the broker’s time and efforts. You may see two agents earning the same 30% commission. The agent who generates more business may seem like he or she can be worth the commission split. This commission will be split up between the broker, the agent, and the agent’s assistant. So, the more business you bring in, the more money the broker will be willing to give you.
5. Can You Adequately Service Your Prospects and Clients?
Your clients will want to know that they are your top priority. Even though it may seem like a part-time position, you need to be able to act as a full-time real estate agent. This means you need to be available via phone and email during hours.
You will also need to dedicate time for personal office work and paperwork appointments. You need to maintain professionalism. Even though you will do part-time hours, you will have to be just as available as any full-time agent.
As you can see, it is possible to be a part-time real estate agent. You just have to make sure you do your research. As a part-time agent, you need to find the right broker who is willing to work with you, the right training, and build your network. You also need to be dedicated to providing adequate service to your clients. You will view becoming a part-time real estate agent as a challenge and a stepping stone to your dream job as a full-time high-powered real estate agent.