I have the opportunity to meet a lot of people in the real estate business. I am lead to believe that my clients think I make a lot of money. Sometimes during the process of me finding them a home, they ask me this question:
I want my real estate license.
I sometimes wonder do I make this job look easy. I guess my loves for the business comes out. This leads me to another question that a lot of real estate agents that I know who are part time, "At what point, should I quit my job to work real estate full time?”
Here is my answer:
First, you must really find out if you like the business. Real estate is not for everyone. The day that you get a closing and the deal does not close and you are dependent on that check, you may become suicidal. (Not literally, at least I hope not).
Ask yourself these questions:
1. Can you support yourself financially for the next 30 to 90 days and sometimes even longer?
2. Does your family support your decision?
3. Are you willing to work long hours?
4. Are you discipline enough to work without supervision?
The questions above are some basic questions to ask yourself. If you can at least say yes to all four of those questions, then you are a candidate to consider quitting your job. If you have answered no to any of these, here is my suggestion:
Keep your job and work real estate part time. What I mean when I say part time, if you say you are going to work real estate ten hours per week, give real estate that time. Associate yourself with a real estate agent who will let you learn some basics like pulling properties, setting up showing instructions, go with them on appointments, and allow you to shadow them for a little while.
Here is one of my favorite quotes from Robert Kiyosaki, "You must earn before you learn" and Be fully committed. Pretty soon, you will turn your letter of resignation in.
Karen Jones Lewis, Realtor