From the BiggerPockets Blog

 BiggerPockets Blog »

Jump to Forum View All

Click a category below to view different forum categories.


General Info

BiggerPockets Q&A, Site Questions, & Announcements

1522 topics, 14441 posts — Last Post 04/24/14, 03:10PM

BiggerPockets Exclusive PRO Area

117 topics, 841 posts — Last Post 04/23/14, 08:28AM

New Member Introductions

10994 topics, 86660 posts — Last Post 04/24/14, 04:13PM

Real Estate Success Stories

400 topics, 6219 posts — Last Post 04/24/14, 04:12PM

General Real Estate

General Real Estate

Buying & Selling Real Estate

5998 topics, 47269 posts — Last Post 04/24/14, 04:13PM


651 topics, 5873 posts — Last Post 04/24/14, 03:20PM

Get Foreclosure Help - Help Stop Foreclosure Forum

317 topics, 2561 posts — Last Post 04/23/14, 08:28PM

Home Owner Association (HOA) Issues & Problems Forum

238 topics, 1611 posts — Last Post 04/23/14, 04:02AM

Do it Yourself

660 topics, 6333 posts — Last Post 04/24/14, 02:46PM

Reviews & Feedback

Real Estate Deal Analysis and Advice

3716 topics, 29808 posts — Last Post 04/24/14, 04:17PM

Real Estate Guru, Book & Course Reviews and Discussions

1140 topics, 11614 posts — Last Post 04/24/14, 03:27PM

Ask About A Real Estate Company

743 topics, 7348 posts — Last Post 04/24/14, 03:12PM

Real Estate Investing

Real Estate Strategies


5643 topics, 43993 posts — Last Post 04/24/14, 04:06PM

Rehabbing and House Flipping

3354 topics, 31111 posts — Last Post 04/24/14, 03:45PM

Real Estate Development & New Home Construction

554 topics, 4695 posts — Last Post 04/24/14, 06:22AM

Innovative Strategies

705 topics, 6044 posts — Last Post 04/22/14, 04:06PM

Tax Liens, Notes, Paper, & Cash Flows Discussion

869 topics, 6700 posts — Last Post 04/24/14, 02:46PM

Rent to Own a.k.a. Lease Purchase, Lease Options

700 topics, 4961 posts — Last Post 04/24/14, 11:26AM

1031 Exchanges

143 topics, 1063 posts — Last Post 04/24/14, 11:10AM

Foreclosure Investing

General Foreclosure & Pre-Foreclosure Forums

1692 topics, 11317 posts — Last Post 04/22/14, 09:26PM

HUD, VA, and Tax Sales

416 topics, 3103 posts — Last Post 04/23/14, 02:29PM


1217 topics, 10604 posts — Last Post 04/24/14, 07:13AM

Short Sales

1539 topics, 13154 posts — Last Post 04/23/14, 08:25PM

Landlord & Tenant Forums

Landlord & Rental Property Questions

7258 topics, 71267 posts — Last Post 04/24/14, 04:18PM

Mobile Homes & Mobile Home Park Investing

639 topics, 5146 posts — Last Post 04/24/14, 05:13AM

Investor Basics

Starting Out

7737 topics, 60715 posts — Last Post 04/24/14, 03:04PM

Investor Psychology

434 topics, 6119 posts — Last Post 04/24/14, 04:14PM

General Real Estate Investing

4731 topics, 37332 posts — Last Post 04/24/14, 02:34PM

Real Estate Investor Marketing

1740 topics, 14164 posts — Last Post 04/24/14, 01:46PM

Commercial Real Estate

Commercial Real Estate Investing Forum

1414 topics, 9022 posts — Last Post 04/24/14, 04:12PM

Multi-Family and Apartment Investing

1123 topics, 9405 posts — Last Post 04/24/14, 03:21PM

The Business of Real Estate

Real Estate Technology and the Internet

Real Estate Technology, Social Media & Blogging

645 topics, 4913 posts — Last Post 04/24/14, 12:21PM

Business Basics

Goals, Business Plans & Entities

835 topics, 7594 posts — Last Post 04/24/14, 12:52PM

Real Estate Finance & Legal

Financial, Tax, and Legal

Tax, Legal Issues, Contracts, Self-Directed IRA

2803 topics, 20140 posts — Last Post 04/24/14, 03:50PM

Property Insurance

312 topics, 2059 posts — Last Post 04/24/14, 10:22AM

Personal Finance Discussion

330 topics, 2754 posts — Last Post 04/22/14, 12:06PM

Loans, Mortgages, Credit Lines

Private & Conventional Lending Discussion

2853 topics, 19854 posts — Last Post 04/24/14, 04:15PM

Creative Real Estate Financing

1221 topics, 8870 posts — Last Post 04/24/14, 03:19PM

Crowdfunding Real Estate

35 topics, 463 posts — Last Post 04/19/14, 06:24PM

Real Estate Professionals

Real Estate Professionals

Real Estate Agents

1218 topics, 8051 posts — Last Post 04/24/14, 01:43PM

Bankers, Lenders, and Mortgage Brokers

442 topics, 1931 posts — Last Post 04/23/14, 09:04PM


268 topics, 1689 posts — Last Post 04/24/14, 01:14PM

Local Real Estate

Local Real Estate

Local Real Estate Networking & Recommendations

2020 topics, 11766 posts — Last Post 04/24/14, 02:33PM

Americans & International Real Estate

162 topics, 572 posts — Last Post 04/24/14, 03:31AM

Foreigners Buying in the USA

62 topics, 409 posts — Last Post 04/10/14, 06:27AM

Canadian Real Estate

66 topics, 440 posts — Last Post 04/24/14, 05:54AM


Real Estate Marketplace

Real Estate Marketplace

15096 topics, 54161 posts — Last Post 04/24/14, 04:10PM

Real Estate Events and Happenings

168 topics, 2617 posts — Last Post 04/24/14, 02:26PM


Off Topic


2908 topics, 32448 posts — Last Post 04/24/14, 03:32PM

Housing News & Real Estate Market

922 topics, 8397 posts — Last Post 04/24/14, 02:57PM

BiggerPockets Real Estate Investing Summit

97 topics, 1752 posts — Last Post 04/23/14, 04:51AM

BiggerPockets Resources

Forums » Real Estate Agents » PT Real Estate Agent

PT Real Estate Agent

23 posts by 11 users


· Wheaton, Illinois

Being a PT real estate agent with no intention of ever going full-time....good or bad idea? Time consuming? Profitable? Not profitable? any ideas would be helpful...

Real Estate Investor · Union, New Jersey

IMO working as a realtor is only financially feasible if a) you have a spouse who serves as the primary bread winner and the Realtor gig is only to 'help ends meet' and/or you only need the part time income, b) you supplement it with investing, c) you're doing enough volume to afford an assistant (usually reserved for more experienced and successful agents) or d) you're servicing higher end clients ($500k+ priced homes - in which case you're sure to have an assistant).

Additionally, many agents make the mistake of working against market trends. In other words they take on a lot of buyers in a seller's market or vice versa. This only adds to the challenges in making a living as a realtor.

The way it's typically done, with the realtor job being a major (not necessarily 'primary') source of income and servicing first time home buyers (who require a lot of hand holding), it becomes a challenge that causes many agents to throw in the towel and seek more 'secure' employment.

Real Estate Investor · Cincinnati, Ohio

Only a tiny % of FULL TIME residential realtors make any real money, so you can imagine that this is not likely to be lucrative to a part-timer. Really, if a realtor is not doing at least $4mm of production, it's not a very good living after factoring in the irregular and long hours, automobile expenses, office and marketing expenses, BOR/MLS fees, self employment taxes, buying your own health insurance, etc. etc.

E-Mail: [email protected]
Telephone: 502-321-6328

Real Estate Investor · Portland, Oregon

Have seen part-timers that were exceptional but that is rare. A couple of examples were teachers that had summers free and a great network system. The one lady eventually gave up teaching and became a top producer and then went on to own her own company.

· Wheaton, Illinois

That's actually what I do. 8-4, teacher. 12 wks in summer off. But I do have a family and I need to take that into some consideration. I don't know anyone that does it. Theoretically it's feasible but is it profitable, that's the question.

· Wheaton, Illinois

Any opinions on that would be appreciated.

Real Estate Investor · Ellicott City, Maryland

Originally posted by John Jabson:
Any opinions on that would be appreciated.

If you find a niche, you'll probably be better off. For example, I'm an investor first-and-foremost, but a lot of investors who I know ask me to list and represent them on the buy-side because they know I have the investing expertise. I make a good bit of side income doing this, and don't have to do too much work (no marketing, and the work I do is the same work I do for my own investments, so I'm good at it). By having this investing niche, being an agent part-time is very profitable.

Find a niche and then let your customers find you...

Small_lishproplogoJ Scott, Lish Properties, LLC
E-Mail: [email protected]
Telephone: 770-906-6358

SFR Investor · Conroe, Texas

John, are you wanting to be solely a real estate agent or are you interested in investing also?

I work full time in IT and also part time in Real Estate. I work as an agent and also for my own investment purposes. I don't have the luxury of 12 weeks off in the summer, but I do have the luxury of being able to answer my phone whenever it rings throughout the day. I assume you wouldn't have that luxury.

I would recommend finding a broker that does not charge you $100/month in fees on top of 30% or more of your commission. I am with a broker that charges less than $200/yr in fees and only a fraction of each commission check. I feel that is the best setup for a part timer.

I would talk to one of these brokers and get an idea of what all of your fees are (including local, state, and national real estate associations, mls access, broker fees, etc) and figure out how many houses you would have to sell in a year to break even and find out from the broker the likelihood of you doing it. I would guess, depending on the broker fees, selling 1 house a year will be pretty close to your break even point. Or you can consider how many houses you have to buy (if you are an investor) because that is an automatic 3% back for closing costs, renovations, etc that would be going to somebody else if you did not have a license (this was the primary reason I even got my license, so any of the deals I have closed representing others have all been a bonus).

My brother is a pilot and I am recommending he get his license to take advantage of his down time. Of course, it really depends on your market. The Houston area market has been pretty good for me. Being a teacher I think your network will be a huge asset, and they will all understand your time restrictions up front.

But yes, you can draft contracts, schedule showings, run comps, etc after the kids have gone to bed, but be prepared to lose many evenings and weekends to showings.

As far as earnings potential I believe NAR reports that agents make, on average, about $30,000/yr. I think it depends on your ultimate goal. Mine is focused on my own investments and the rest is just a bonus (or at least covers my expenses).

· Corona Del Mar, California

It all boils down to your source for leads. By and large, you will spend most of your time finding deals. That said, if you have a source that will regularly send you deals, not prospective deals, you may be able to go PT and make a living.

Real Estate Investor · Portland, Oregon

@John Jabson there is always a trade-off. You can't go to the beach with your family and fly kites if you are expected to hold a house open on Sundays.

In RE sales there is a sacrifice the family needs to be on board with. This is one of the first considerations for agents of all types. There is a considerable investment of time and there is expense for your car use, classes and licenses.

Teachers many times are naturally good at this but women have a more natural ability to work with the average home buyer. It really has a lot to do with emotions and less to do with the numbers and legalities. Having said this there are men that are top producers in residential so there are no absolutes.

If you are extroverted this business will come more naturally for you. Working with kids has to be taxing, and customers can be as unruly as your more difficult kids.

Commercial Real Estate Broker · Canton, Georgia

The people you find that make a bunch of money in their field are always getting better and are at the top.

I do this full time but I do commercial real estate only. I have no interest in ever doing residential. I do mainly retail, apartment buildings, and triple net. I work with investors and also do my own investments as well. For me it is the perfect life and I enjoy it everyday.

From what I am gathering it sounds like you want some additional income during the off months from teaching. If that is the case than yes working with home buyers could give you a few transactions during the main buying seasons. I used to have about 50 agents at my brokerage but eliminated them all.

Part-timers are rusty and generally need a bunch of help plus do not want to pay anything as they think they are the gift to man kind when they almost never close anything. Not to mention the IRS tax demands, child support, education lapses, not paying license renewal fees, delinquent student loans and on and on from agents who have issues.

As you can see it creates a bunch of paper to deal with for a head broker for a little return. It's almost like property management but instead of tenants you are having to manage agents.

I do this full time and have for years. Look for a brokerage that enjoys handling a bunch of agents and likes that kind of thing. My thing is if an agent pays 300 a transaction there has to be a 100 transactions closed for the brokerage before expenses to make 30,000. That is a ton of work for a very low return. At least it is for what I do.

Small_allworldrealtyJoel Owens, All World Realty
E-Mail: [email protected]
Telephone: 678-779-2798
Website: 678-779-2798 [email protected]

· Wheaton, Illinois

So if you were in my situation, would you put your time and energy into becoming a PT real estate agent and building that business OR would you educate yourself on wholesaling and start building that? I live in a rural area with 50,000 in my county. There is a big town of 100,000 about 40 minutes away, but it's very competitive. My immediate area is kind of backward, but there are quite a few good investment opportunities for rental properties and flips.

I'm just trying to find a way to fill my off-time so I can make some extra dough. I have experience in flipping (2 houses) and landlording (2 properties). Not real experienced but not a total newbie.

Real Estate Investor · Portland, Oregon

@John Jabson you are experienced and knowledgeable. Becoming an agent sounds ideal. Financially the investment and risk is small and the potential rewards could be high. I say do it.

· Wheaton, Illinois

Thanks, Jeff S. Anyone else have an opinion on this?

Commercial Real Estate Broker · Canton, Georgia

You can get your license and do your own investments. I don't really know that you will want to go to listings appointments on the weekends or late at night. Residential real estate can really mess with your family life and odd hours. I personally love commercial and have regular hours and can make my own schedule.

If you love teaching and do not want to change careers then I would stick to your own investments and occasionally be selective and take some investor business on your terms. This way you keep your family life intact, make some investments, and pick up some residual income.

Small_allworldrealtyJoel Owens, All World Realty
E-Mail: [email protected]
Telephone: 678-779-2798
Website: 678-779-2798 [email protected]

· Wheaton, Illinois

Joel-I really don't know what you mean by "your own investments." I dont' have a ton of extra income to throw around. I only bring in an extra 1500 a month, net. Please explain what you mean by that. Isn't being a listing agent what an agent does, primarily?

Commercial Real Estate Broker · Canton, Georgia

It's all about what space you transact in. I know residential agents working on 50,000 houses for short sales and will go through the ends of the earth to only get maybe 1,200 check after broker split and months of time and seller drama.

They get multiple sales like that going and at best are making 4k a month closing 3 deals every month.

If you were in commercial leasing you would have ongoing residuals.
With me in commercial the sales price is generally in the millions. In my view you really can't do something like commercial part time. This is why I asked if you were happy with teaching or wanted to change careers or were fixing to retire??

Most new agents are not listing agents as you do not have the track record yet to pick up business so you are mostly regulated to working with home buyers. Generally the first timers who want to see everything under the sun and do not know what they want.

Small_allworldrealtyJoel Owens, All World Realty
E-Mail: [email protected]
Telephone: 678-779-2798
Website: 678-779-2798 [email protected]

· Wheaton, Illinois

Yeah, I have no desire to change careers. I just like real estate and would like to have a side income/job. That's my objective. I know alot of people in this county through being in the school district so I think I have a decent network going. At this point I'm just throwing around the idea of getting a RE license and see what happens.

Residential Real Estate Agent · Jacksonville, Florida

@John Jabson

I used to work at a real estate brokerage and the vast majority of agents made almost nothing and all except one that made good money were full-time. We had around 70 agents, so not a small office.

As others have said this is definitely an area where females dominate. All of our top producers were females but there were some very successful men at other offices. In fact the owner was a man and had several other offices, an incredibly successful real estate sales team, along with a number of other business. His wife was his partner though, lol.

With that said you are in a position where you could have a good network between other teachers and parents. A decent flow of leads is key to make any money. Agents are really in the business of marketing themselves, not selling homes, marketing homes, negotiating, or helping buyers or anything else.

It doesn't take a whole lot to get started so I say go for it. Just go into it with your eyes open. If you have any interest in investing it can be very helpful to have your license.

SFR Investor · Conroe, Texas

I'd say go for it if you have the extra money to spend on licensing requirements/classes. If you sold your friends and family a couple of houses over the next couple/few years it would probably at least come close to paying off your expenses. Then if you could sell 1 every year or two you can keep up with the yearly costs until things started picking up. Trust me, it's not hard, and you probably have a better area of influence than I do. Also, if you want to invest more in real estate then you've got an automatic 3% on the front end (when you buy) and 3-6% on the back end (when you sell), minus broker fees. I would look for a 100% commission broker in your area (preferably one that provides some sort of training for new agents). I wouldn't pay 30% commission to a broker unless they were providing you with leads. Get your license and then tell everybody you know and everybody you meet here on out that you are a real estate agent.

Sign up