I am interested in getting my real estate license, and going back to work part time for a while, untill my kids are old enough to stay home by themselves. My husband makes enough to support our family, and I am currently a stay at home mom, but I want to go back to work part time. My husband and I both like that the kids are always with at least one of us. Real estate has always been something that has interested me, and I really want to do it. Do you think that it's something that I can do part time for a few years?
2007-08-05 08:24:40 · 4 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
I work extensively with realtors and people in the home service industry. You can do this part time, but the comments of the other two are very accurate.
Also, if you do not have a large contact base, a comfort level with self-promotion and selling and an understanding of marketing, your early days in real estate can be very costly and frustrating. Chances are, just to get your license and get set up with a broker that can offer you some advanced training, you are looking at investing anywhere from $5-15K, not to mention the advertising costs when it comes to listing houses and gas costs when it comes to taking buyers around.
There are probably several other work from home options that will result more money for the time spent. If you do have the confidence, contacts, knowledge and longevity in one area, then you might be a in the right arena to dabble in RE as a part time business.
If you want some other options, shoot me an email.
2007-08-05 08:37:51 · answer #1 · answered by John H 3 · 1⤊ 0⤋
You can successfully do real estate 'part time' but not very well as you plan on doing. Most times real estate requires you to work at the convenience of the customer's time schedule, and not at the convenience of YOUR schedule. What will you do if a customer needs service, and you're at home alone with the kids for the next six to eight hours ? Tell the customer he will have to wait ?
It doesn't work well when you try that approach.
2007-08-05 15:36:33 · answer #2 · answered by acermill 7 · 0⤊ 0⤋
I'm not in real estate, except living in some, but every time we've bought or sold a house, our realtor has been a part-time agent who spends time with her kids, too.
Be aware that as we've gotten to know them, each has mentioned that plans are thrown out the window when the possibility of a sale looms large. So your hours may not be as regular as you imagine. You may be called to show a property during that big school concert, or during your daughter's birthday party.
2007-08-05 15:30:32 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If you have not noticed the real estate market is in the tank. If you're going to do it part time don't look for too much income in the next year.
2007-08-05 15:29:15 · answer #4 · answered by labdoctor 5 · 0⤊ 0⤋