Does anyone have experience with this?
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Yes. I do it but only for myself/family/friends. However, I have a business partner so one of us is always available for a client.
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The biggest problem with being a part-time Realtor is what you are doing in your Non-Realtor hours. If you’re working another job, it’s going to clash. If you can only be a Realtor during the hours the kids are in school all your buyers only want to see houses on the weekend. If you are only available from 2:00-6:00 all your closings and staff meetings will be at 9;00 AM. Real estate is easy to do part time but you are not the one setting the hours-your clients are, the appraiser is, the inspector is, your broker is…
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About 80-90% of licensed agents are part time. Yes it can be done, it just all depends what you want to get out of it and whether your costs are worth it
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My husband and i work as a team at a small brokerage. We both have full time jobs - he works nights and i work on call all the time. We just got done with an open house, and currently have 4 clients that are happy with us and the work we’re putting in for them. One of us is always available. We are tired but we’re making it work. It’s definitely part time for me, but the plan is to transition my husband to full time once we get some debt cleared up. It helps that we already make over $200k at our full time jobs so we don’t need the money and our broker is probably the coolest dude ever and doesn’t care what we do as long as we aren’t breaking the law or the CoE.
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I had a part time agent for two years of my home search. I had to use someone else when it came down to it because she couldn’t make it to showings when I could go.
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It depends. This is my families second income- I don’t have a second job but I work part time hours for sure.
I know as much as full time realtors, have a lot of experience but I’m just not interested in hustling for the full-time volume of business so I don’t work as many hours.
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Sure. I’ve been both full and part time. Part time is fine as long as your fees are low and you don’t mind catching up a bit from time to time on periodical contract changes. But it’s hard to get in a good grove doing it part time. You can end up working mostly your warm market which I don’t like.
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Absolutely. Your lead gen will suffer and you can’t be a super busy agent. You will also need some flexibility in your schedule and need to be off on weekends. So many agents fail in their first year and it’s not because they are part of full time.