Becoming an agent with no experience but I have my license.

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Becoming an agent with no experience but I have my license.

Kenneth Olsen
New to Real Estate · Marysville, WA · Member since 2021 · 7 posts · 6 votes

Is it a good idea or worth it? I have a full-time job so I can only be part-time.

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Nathan GesnerBusiness Member
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Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
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Quote from @Kenneth Olsen:

Is it a good idea or worth it? I have a full-time job so I can only be part-time.


Why would anyone pay you $10,000 to sell a property when I could pay the same amount to hire a top agent with 30 years experience?

Real estate is easy to get into, but it's challenging to be successful. I have 250 agents in my county. 100 of them  have not sold anything all year. Only 15% have sold enough to earn around $100,000 this year. The top 10% of all agents have sold nearly half of all real estate.

Some of those agents are full-time and still struggling to make a decent living. You can pick up some scraps, but it will be tough and intermittent.

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  • Nathan GesnerBusiness Member
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    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    1y
    Quote from @Kenneth Olsen:

    Is it a good idea or worth it? I have a full-time job so I can only be part-time.


    Why would anyone pay you $10,000 to sell a property when I could pay the same amount to hire a top agent with 30 years experience?

    Real estate is easy to get into, but it's challenging to be successful. I have 250 agents in my county. 100 of them  have not sold anything all year. Only 15% have sold enough to earn around $100,000 this year. The top 10% of all agents have sold nearly half of all real estate.

    Some of those agents are full-time and still struggling to make a decent living. You can pick up some scraps, but it will be tough and intermittent.

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  • Jonathan GreeneBusiness Member
    Real Estate Consultant · Madison, NJ · Member since 2016 · 6k+ posts · 7k+ votes
    1y

    The only reason to get your license in your context would be to get access to view vacant investment properties for yourself on your own schedule and for access to the MLS. If you are asking if you should get it to help people, @Nathan Gesner nailed it. No one needs or should want a part-time agent. If you were looking to spend $500,000, would you want someone who can only show you options after 6 pm and one weekend day?

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  • Michael Scipione
    New to Real Estate · West Covina, CA · Member since 2024 · 5 posts · 0 votes
    1y

    Sobering...

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