Part-Time/Gig/Contract jobs with a Real Estate License?

Part-Time/Gig/Contract jobs with a Real Estate License?

San Francisco, CA · Member since 2016 · 27 posts · 7 votes

I am close to getting my RE license (one class and the test). 

But I already work a 9-5 position (but it is usually remote). 

I want to get into real estate investing but I want to be able to work a bit in the industry before jumping in. 

What gig or contract or part-time positions are there with a RE license that I can do around my 9-5 in the NorCal/Oakland area?

I remember an agent was showing me apartments for rent and houses for sale. 

And she told me she was not the listing agent nor selling the house, that it was her side gig to show places and do other things. 

What is her position? Are there more positions I can do on the side like that in the RE industry? 

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Sacramento, CA · Member since 2016 · 10 posts · 4 votes
6y

I would talk to Redfin.  I believe they have people that

1) Do the logicstical work for making an offer and setting up the paperwork, but do not do onsite work.

2) People that show the houses to buyers, and do open houses.

3) 3rd party agents for properties / areas that they do not work in directly

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  • Member since 2018 · 21 posts · 12 votes
    6y

    Look into property management positions perhaps. 

  • Sacramento, CA · Member since 2016 · 10 posts · 4 votes
    6y

    I would talk to Redfin.  I believe they have people that

    1) Do the logicstical work for making an offer and setting up the paperwork, but do not do onsite work.

    2) People that show the houses to buyers, and do open houses.

    3) 3rd party agents for properties / areas that they do not work in directly

  • Peoria, IL · Member since 2013 · 967 posts · 383 votes
    6y

    Assuming you need E&O insurance for any side gigs?

  • Drew SygitBusiness Member
    Property Manager · Royal Oak, MI · Member since 2012 · 13k+ posts · 9k+ votes
    6y

    What you're referring to is an agent that works with buyers. Allows you to schedule time with them as you are available.

    Two major problems:

    1) Where will you get buyer leads from? You may want to contact the agent teams in your are to see if they are hiring.

    2) Working with buyers can be a big waste of time - you "think" you're doing a great job and show them 30 homes, only to have them sign a contract at the last minute with someone else. Protect your time!

  • San Francisco, CA · Member since 2016 · 27 posts · 7 votes
    6y
    Originally posted by @Daniel Antonetti:

    I would talk to Redfin.  I believe they have people that

    1) Do the logicstical work for making an offer and setting up the paperwork, but do not do onsite work.

    2) People that show the houses to buyers, and do open houses.

    3) 3rd party agents for properties / areas that they do not work in directly

    Yes, I saw Redfin has agents that just get paid to show homes or run an open house. That's where I was thinking about starting in fact. 

  • San Francisco, CA · Member since 2016 · 27 posts · 7 votes
    6y
    Originally posted by @Drew Sygit:

    What you're referring to is an agent that works with buyers. Allows you to schedule time with them as you are available.

    Two major problems:

    1) Where will you get buyer leads from? You may want to contact the agent teams in your are to see if they are hiring.

    2) Working with buyers can be a big waste of time - you "think" you're doing a great job and show them 30 homes, only to have them sign a contract at the last minute with someone else. Protect your time!

    Yes, I'm thinking about avoiding being a buying agent. 

    I want to work in the industry and keep my current job as well. 

    I've seen so many people have part-time gigs in real estate but I don't know where they are finding them. 

    But I see them anytime I'm looking for a lease or buying a property. 

  • Realtor · Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility · Member since 2016 · 2k+ posts · 2k+ votes
    6y

    @Kyle Calica  See if there are any brokerages in The City that will let you keep your FT Job. Some of them in SF will let you do this if you are up front with them. Pay the monthly fees they want you to pay and you should be good to go.

  • Morris County, NJ · Member since 2020 · 5k+ posts · 2k+ votes
    6y

    @Kyle Calica

    Around me, it’s pretty common to have part time Realtors. Many brokerages have them. How you perform your real estate business is up to you as an independent contractor. Many of the part time agents actually really do well. Everything about getting leads, etc is part of being an agent and working for a commission

    The Redfin route might work for you. But, I’m not sure that’s really learning the trade/business. Each of those “fixed payment” roles are just that—specific roles in the entire process. For example, the Redifn agents who just open the doors to do showings and get a flat fee per showing is really a doorman. The couple I’ve talk to are expected to do just that because they have no more future interaction with those clients. They just like it because they get a steady income on the weekends.

    If you really want to learn the trade, learn the trade. Do all aspects of its. Yes, it’s hard. I feel it’s so hard I consider myself a “real estate investor with a real estate license.” I’m not going to make a substantial living as a salesman, but I can still make some money, learn the business, and get more experience in real estate by working other people’s deals all to help me do my business.

    Honestly, what’s the point of getting your license and really only learning to be “just one cog in the machinery?” Salary/fee based jobs at Redfin or similar positions in agents teams are just that—your just another employee doing one function, not the whole transaction. If you already have a 9-5 now, you really want another one? To work independently you need to learn the whole trade. This doesn’t mean to need to be a high performer, but you need to know how to get leads/clients, make the showings, close the deal, get a deal through AR, handle issues that come up during inspections and while under contract, and ultimately close the contract to get your commission check — in a nutshell.

    Good luck whatever you decide.

  • Realtor · Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility · Member since 2016 · 2k+ posts · 2k+ votes
    6y

    You want to work part time and be strictly a listing agent? This I have got yo see :-)

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