Becoming a successful part-time real estate agent requires skills, strategies, and unwavering dedication. Thriving in the real estate industry is attainable by comprehending the role, taking necessary steps, and implementing effective strategies in your business. What are the success strategies for a part-time real estate agent?
Glad you asked!
Having been a successful six figure-earning part-time agent while juggling a full-time job, family commitments, house-flipping, and managing a blogging business, I have encountered challenges and acquired invaluable knowledge.
I started in 2017 as a part-time real estate agent with no experience. I have learned a lot along the way. Allow me to share these insights with you.
Rest assured, you have the potential to be a prosperous part-time realtor once you get your real estate license.
The key lies in understanding the “how.”
Perhaps you don’t know if you should continue reading. Here are a few questions to help you decide:
- Do you want to be successful in real estate as a part-time agent?
- Have you just gotten your real estate license and not sure where to begin?
- Are you willing to do what it takes to succeed as a part-time real estate agent?
- Are you wondering what it will take it will take to find success as a part-time agent with no experience?
- Have you started your career as a part-time real estate agent and struggled to succeed in your part-time real estate business?
- Are you ready to make your part-time real estate business easier to manage?
- Are you a full-time real estate agent wanting to work in real estate part-time to have more free time?
- Are you looking to use your part-time real estate career as a way to make more money?
If any of those are true, keep reading, this article is for you. Let this blog post serve as your guiding light on this fulfilling part-time career working as a real estate agent.
Table of Contents
In case you are not licensed yet, read the article on how to become a part-time real estate agent with no experience.
Disclosure: This post may contain affiliate links, meaning I can earn commissions. If you decide to purchase through my links, it is at no cost to you.
What are the Success Strategies For a Part-Time Real Estate Agent?
To successfully build a part-time real estate career with other commitments, it is crucial to prioritize responsibilities and manage your time effectively. Here are some strategies that can help:
- SMART Goals, Your Why, and Mindset
- Create a schedule and set boundaries
- Focus on high-value activities – prioritizing quality over quantity
- Implementing Powerful Tools – do more and work faster
- Developing systems for real estate activities – organize and streamline your processes
- Leverage – partnering up
- Surrounding yourself with the right people
By implementing these success strategies for a part-time real estate agent, you can effectively manage your time and achieve massive success.
Before we discuss the strategies, you must know which brokerage you will partner with to develop your real estate agent career.
Choosing the Right Brokerage
Much of your success in becoming the best real estate agent may come from the support of your broker and agent associates. For this reason, selecting the right brokerage is vital.
When selecting the real estate brokerage to work under, several factors must be considered:
- The company’s reputation – what is their online presence in the real estate field, are they a big company or a smaller, more local real estate company, what are benefits of working in real estate at this particular company.
- Track record of success with part-time agents – talk to their other part-time agents to determine if they are succeeding as a part-time agent.
- Commission structure – what are the splits, when do you earn full commission.
- Fees they may charge – office fees, technology fees, etc.
- Training programs and resources for independent learning – are their resources for to become successful as new real estate agents or those working part-time in real estate,
- Support services or business development services – do they supply real estate leads, have phone days, open house opportunities, how can they support you with your real estate clients when you work part-time hours
- Technology tools offered by the brokerage – CRM, real estate website, and other technology anyone in real estate needs
Building Your Real Estate Empire One Strategy at a Time
Strategy 1 – SMART Goals, Your Why, and Mindset
SMART GOALS
Goal setting is crucial to succeed as a real estate agent, especially real estate agents in the industry part-time. How do you set goals? By making them SMART!
SMART is an acronym for Specific, Measurable, Achievable, Relevant, and Time-bound – all qualities of effectively written goals. The SMART framework helps create clearly defined goals with objectives and metrics that are within reach, relate to priorities, and have actionable timeframes. Using the SMART goal-setting methodology leads to establishing goals with clarity, purpose, and higher achievement rates.
Here is an example of a SMART goal for a real estate agent:
“I will complete five residential home sales with an average price of $200,000 by the end of Q2 this year. I will accomplish this by cold calling 20 prospective leads per week, hosting two open houses a month, and sending ten personalized emails to my contact list bi-weekly.”
This goal demonstrates the SMART principles:
- Specific: Focuses on completing five residential home sales specifically.
- Measurable: Includes metrics like average home price and number of sales.
- Achievable: This goal is reasonably attainable based on typical real estate sales.
- Relevant: Home sales align directly with the agent’s role and priorities.
- Time-bound: Set the end of Q2 as a fixed deadline to achieve this.
Download your SMART Goals cheat sheet
Bite-Size Goals
Success for a part-time real estate agent starts with breaking your goals into manageable tasks and creating an action plan to help you stay focused and on track. In the example above, if you know what you must do each week and month, you can break those down into bite-size and achievable pieces.
Cold calling 20 prospective leads per week could be broken into four calls for five days a week or ten calls in two days. Your goals must align with your availability and workload.
How I break down goals
I use Click Up to set goals in my real estate work around the amount of business I need to conduct to meet my financial goals. These goals may have several steps, so breaking those steps/tasks out can help you visualize the pieces and how they all interrelate to the primary goal. I see my progress toward the goal as I achieve the smaller tasks.
Your Why
Anyone starting a new career or position has to set goals. Otherwise, why are you working?
Clarity on why succeeding is essential. Are you looking to be in real estate full-time, fund a child’s college education, or supplement your spouse’s income?
Take time to define your Why. Your Why will keep you attached to your goals and the reason you put in the work.
Vision Board
A vision board allows you to put all your dreams and goals in one place so you can envision them.
Creating a vision board is akin to crafting a visual roadmap to your aspirations. It transforms the abstract concept of dreams and goals into tangible images and words, making them more vivid and attainable.
It becomes a daily reminder of what you’re working towards, instilling a sense of purpose and determination.
So, whenever you look at your vision board, you’re not just envisioning your dreams but actively inviting them into your life, one inspired step at a time.
Here is what Steve Harvey has to say on Vision Boards.
Put your vision board in place so that when you are feeling discouraged or frustrated, you can look at it and see Why you are working so hard. Continue to add goals and dreams to your board.
My Vision Boards
I had to cover the Word THICK as it was offensive to some. I also had to cover the picture of a woman with sculpted muscles to avoid violating harassment rules.
Getting a hold of paper magazines is more challenging, so creating a digital vision board is the next best option. You can create a digital vision board and save it as the background on your phone or computer. Canva is excellent for this!
Check out this video on creating a digital vision board. Lauren Camille really gets into the process around minute 5:25.
Master Mindset
By consistently nurturing the mind through affirmations, books, and podcasts, one can reshape their thinking, enhance motivation, and cultivate the habits and behaviors essential for a thriving real estate career and for achieving success as a part-time real estate agent.
Affirmations
Practicing uplifting affirmations can program the subconscious mind, enhancing motivation and self-belief and cultivating the traits of highly successful real estate agents. Spending a few minutes each morning on affirmations can establish a positive and productive tone for the day ahead.
Here are some positive affirmations that real estate agents can practice daily:
- I am knowledgeable and ethical and provide excellent service to my clients.
- I have the skills and resources to thrive in this industry.
- I attract ideal clients who I can help achieve their real estate dreams.
- My confidence and abilities as an agent grow daily.
- I work smart and efficiently to get the best results for my clients.
- My mindset and actions attract growing abundance.
- I communicate tactfully and genuinely with all clients.
- I am focused and disciplined, and I take inspired action daily.
- Creative solutions and opportunities frequently arise for me.
- I am grateful for the opportunity to do meaningful work that helps others.
Books to Read (or choose the audiobook option if you are on the go)
Here are some recommended books to help develop a positive, successful mindset as a real estate agent:
- “The Millionaire Real Estate Agent” by Gary Keller – Strategies for thinking big to grow your business.
- “Mindset” by Carol Dweck – Fostering an adaptive, growth-oriented mindset.
- “Grit” by Angela Duckworth – Cultivating perseverance and passion towards long-term goals.
- “Atomic Habits” by James Clear – Building habits and systems for optimal productivity.
- “The One Thing” by Gary Keller – Focusing on your single most important goal or activity.
- “Think and Grow Rich” by Napoleon Hill – Classic personal development book on unlocking your potential.
- “Awaken the Giant Within” by Tony Robbins – Tapping into your powers for unlimited success.
- “The Gap and The Gain” by Dan Sullivan – Achieving your goals by overcoming common mindset gaps.
- “Eat That Frog” by Brian Tracy – Prioritizing your most challenging tasks.
- “The 7 Habits of Highly Effective People” by Stephen Covey – Developing habits for personal and interpersonal effectiveness.
Podcasts
Enhance your driving experience by indulging in captivating podcasts. Unlike books, podcasts offer concise yet diverse content, allowing you to select topics that align with your interests and aspirations. Maximize your learning and focus while on the road!
Here are 5 of the most popular and highly-rated real estate podcasts:
Strategy 2 – Create a schedule and set boundaries
Plan your work hours and allocate specific times for real estate activities.
Here are three crucial steps to success for a part-time real estate agent when setting a schedule:
- Establish a routine: Set specific work hours and create a daily routine that allows you to focus on your real estate business during those hours.
- Use time-blocking: Divide your day into blocks dedicated to specific tasks or activities. This helps you stay on track and prevents you from getting overwhelmed. Put these time blocks on your calendar. It is super important.
- Minimize distractions: Create a distraction-free work environment and limit interruptions during your dedicated work hours. This may mean not working from home if distractions are unavoidable.
Real estate agents must establish boundaries and clear expectations for clients and their families, enabling them to be transparent about their availability. Additionally, setting communication expectations with your clients, such as conveying an estimated response time, is crucial for seamless collaboration.
Strategy 3 – Focus on high-value activities
Prioritize activities that impact your real estate business the most, such as lead generation and closing deals.
There is likely no agent that can deny lead generation being a top priority in any successful real estate business. If lead generation is not on your calendar, you will not do it. It is so easy to overlook lead generation as part-time real estate agents find all sorts of things to do other than do tasks that are sometimes uncomfortable – like lead generation.
Lead generation is as essential to your real estate business as air in your vehicle’s tires.
Other real estate tasks will also be on your plate, like tasks associated with listed properties, properties under contract, etc. which can be prioritized or leveraged out as needed.
Prioritize tasks based on importance and urgency. Use a time management matrix to categorize tasks into four quadrants:
- Quadrant 1: Important and urgent tasks that need immediate attention.
- Quadrant 2: Important but not urgent tasks that contribute to long-term goals.
- Quadrant 3: Urgent but unimportant tasks that should be minimized or delegated.
- Quadrant 4: Neither critical nor urgent “busy work” should be eliminated.
This approach helps you focus on what matters and avoid distractions. After all, you can’t have success as a part-time real estate agent if you are constantly distracted! Using task management software, like ClickUp, to help you track your activities can be powerful as you can ensure no task will be forgotten as it is on the to-do list. If you collaborate with teammates or your assistants, you could easily assign a task out and track it to ensure it is completed.
Strategy 4 – Implementing Powerful Technology
Using appropriate real estate technology tools empowers part-time agents to work more efficiently, optimizing their time and systems. By ad
opting an optimized tech stack, part-timers can provide exceptional service, efficiently follow up with leads, and effectively scale their business while maximizing their precious time.
Here are some technology tools and solutions that could help a part-time real estate agent scale and manage their business more efficiently organized by Must-Haves and Level-Up, as money may be an obstacle initially.
The great news is I have also discovered some more budget-friendly options to share with you.
The Must-Have tools will ensure your business’s success, and the sooner you implement and commit to using them, the faster you can grow as you build your real estate business.
The Level-Up tools can be gradually implemented as funds become available.
CRM System – Must Have
A top-notch Customer Relationship Management (CRM) system is indispensable. It empowers you to manage leads, client preferences, and communication history. Indeed, a CRM serves as a solid foundation for your business. Real estate agents often need help building and maintaining consistent CRM usage. However, this crucial tool is vital to their success.
Top Picks:
Budget-friendly (under $50/month):
Digital signature platforms – Must Have
The good news with this item is that your MLS or broker may offer this free. You can send contracts and documents for electronic signature with a digital signature platform. My MLS includes Authentisign in our membership fees, so I use the savings.
Top Picks:
Budget-friendly (under $15 a month):
Accounting and expense software – Must Have
Tracking income and expenses is crucial in real estate—primarily the expenses part, as many more minor expenses quickly add up.
I have QuickBooks, which has a feature to track mileage automatically, saving me the time and headache of doing it myself. I can also connect bank accounts to Quickbooks, pay invoices, segment out, and track if my transactions are business-related or personal.
This is ultra-handy when tax time comes!
Here are some everyday expenses to track:
- Advertising and marketing costs like online ads, signs, marketing material printing
- Continuing education and professional training fees
- Licensing and membership dues for realtor associations
Mileage
- Client gifts and event hosting for networking
- Technology costs like website, CRM, showing services, etc.
- Photography and staging expenses
Top Picks:
Budget-friendly:
Excel spreadsheet or Google Sheets could work but require you to capture each item manually.
Graphic Design Software for Marketing – Must-Have
You will likely need a platform to create beautiful, engaging graphics for marketing properties or social media posts.
This is where a graphic design platform comes in:
- Easily create great-looking visual content for listings like flyers, brochures, and social media posts
- Design customized branding assets like logos, business cards, letterheads, and presentations
- Produce marketing materials such as ads, signage, direct mailers, infographics
- Access tons of professionally designed real estate templates and layouts
- Quickly edit listing photos and create collages and slideshows
- Provides a library of free real estate-related stock photos, graphics, and illustrations
Top Pick:
Budget-friendly:
Cloud storage – Must Have
You can typically get free storage through Gmail up to 15 GB. Cloud storage will allow you to store and share documents securely.
Another use for cloud storage is sharing pictures with clients in the event you do a property tour for them. Texting a few dozen pictures is typically more challenging than sending them a link to open.
Top Picks:
Budget-friendly:
I upgraded my Google account to the Basic plan to get 100 GB and the VPN service for $19.99 a year, and I also have a Microsoft 365 account.
Project/Tasks Management Systems – Must-Have
Prioritize essential tasks, set reminders, create standardized checklists for recurring activities, collaborate with team members, and keep all client follow-ups moving forward efficiently. Not all tasks fall into a category related to a client or a property, but they are still part of real estate.
Things I keep in my task management system:
- List of books I want to read
- Articles to read
- A goal/project with multiple steps
- A marketing program that has multiple steps
- Social media outreach steps
Shiny objects I want to research
I use a task management system to create tasks for my VA. These tasks are set to recur, so as soon as the task is completed, the next task will show up when it is time. This is very helpful with tasks with the exact steps that repeat repeatedly.
I manage a local Facebook group and have my VA share relevant posts from other pages to my group daily.
Top Picks:
Budget-friendly:
Email marketing tools – Level Up
You may not need a separate email marketing tool if your CRM has this feature. Ideally, choose an email marketing tool that integrates with your CRM if the feature is less robust than you need.
Here are a few uses for email marketing:
- Set up drip campaigns for lead nurturing and regular communications like newsletters and listing updates.
- Automate emails to go out consistently with minimal ongoing maintenance.
- Analytics gives insights into open rates, click rates, and subscriber engagement.
- Identify ways to optimize email performance based on data and analytics.
- Require less manual work to keep valuable, relevant information flowing to prospects and clients.
- Help build relationships through valuable, consistent communication touchpoints.
Top Picks:
Budget-friendly (under $10/month):
Social media scheduling and marketing tools – Level Up
Here are some key reasons for real estate agents to use social media scheduling tools:
- Scheduling posts in advance saves time and allows agents to plan out content more strategically.
- Tools can recycle top-performing posts automatically to maximize impact.
- Streamlines managing multiple social media accounts from one dashboard.
- Provides analytics to identify best posting times/days and top content.
- Can automate sharing listings and streamline digital advertising.
- Maintains social media presence consistently when busy with clients.
Top Picks:
Budget-friendly:
Virtual tour tools – Level Up
Here are some key reasons for real estate agents to use virtual tour tools:
Allows buyers to virtually “walk through” and view properties remotely, especially when physically showing a home is difficult.
Virtual tours give buyers a richer impression of a home than just photos.
- Increased use of virtual tours enhances agents’ digital presence and tech savviness.
- Tours can be easily embedded into listings or shared via email and social media.
- It may help properties sell faster by allowing more buyers to view homes virtually.
- Can reduce in-person showings, saving agents time while still engaging qualified buyers.
Top Picks:
Budget-friendly (under $50 per month):
All-in-one options – Level Up or if it makes sense to have an All-in-one
Strategy 5 – Developing Systems and Processes for Real Estate Activities
Developing systems inside your business is one of the crucial success strategies for a part-time real estate agent. These systems allow you to organize and streamline your processes efficiently, enabling seamless tracking of your business activities.
Unlocking the power of effective systems can supercharge productivity and optimize resources – aka your time. In the end, time is money!
Here are some ways a real estate agent can develop systems and processes to streamline key real estate activities:
- Lead Generation – Create standardized workflows for capturing leads from online ads, referrals, open houses, etc. Use CRM to track and follow up.
- Listing Appointments – Have templated listing presentations and a consistent process for taking listings and getting signed agreements.
- Showings – Use showing scheduling software and a structured system for confirming appointments, meeting clients, and following up.
- Contracts and Paperwork – Leverage digital tools like e-signature software to streamline sending and completing contracts/disclosures.
- Client Communications – Build templates for drip email campaigns and newsletters, update clients at key milestones, and Automate where possible.
- Listing Marketing – Develop consistent checklists and systems for marketing each new listing (photos, virtual tours, web ads, etc).
- Transaction Management – Create checklists and systems for guiding a deal efficiently through each step – offer, inspection, appraisal, and closing.
- Reviews and Referrals – Have a process for requesting reviews and referrals from past clients—track referrals in CRM.
- Analyzing Performance – Maintain systems for tracking key metrics on lead conversion, days on the market, referral sources, etc., to optimize.
Strategy 6 – Leverage
Time and availability are the most challenging parts of being a part-time real estate agent. If you are already working a 40-hour job, the time you have available for real estate is precious. This is where leverage comes in.
Since my time was limited, I planned to have my clients served when I was unavailable.
Some of the leverage I implemented was:
- Showing Assistant
- Other agents to provide coverage
- Partnering with vendors who could be on the property independently
- Lenders with flexible hours
- Hiring a transaction coordinator
- Hiring a virtual assistant
Showing Assistant
A showing assistant is another licensed agent that can supplement your unavailability and open doors for buyers. A showing assistant could be a newer agent looking to get more experience.
Showing assistants are helpful when a property is a bit further than you want to travel or if a property comes to market that will likely go under contract quickly. In real estate, time is of the essence.
Other Agents
I networked and partnered with other agents to fill in for me as needed. Every real estate agent should have a book of other agents with varying degrees of expertise to brainstorm with or bounce ideas off.
Besides needing a fill-in for when I was on vacation, I typically needed a showing assistant for the daytime hours.
Most of the activities I had with listings could be scheduled around my available hours.
Inspectors that are also Real Estate Agents
I also partnered with inspectors that also hold a real estate license. Often, an agent needs to be present for specific vendors. This means sitting in a house for several hours, watching someone work. If an inspector is also a licensed real estate agent, they will have the special access needed and permission to be on the property without supervision as any other agent would.
An inspector does not need my help to do his job, so they can complete an inspection independently, saving me a few precious hours or paying another agent to sit and watch him work.
Lenders with flexible hours
I also partner with great lenders that offer hours that fit my own. Having a great lender available for evening and weekend hours can mean you can immediately get assistance for your client. This also ensures your client selected the best agent to serve them at the highest level.
Transaction Coordinator
My transaction coordinator is AMAZING! She handles all the paperwork from the contract to the closing part of the real estate transaction. She is also a licensed real estate agent, so I can confidently put my faith in her performance.
I could not make it without her! Big Shout out to Brooke with Listtoclosellc.com. She gets paid when the transaction closes, so the choice to hire her is an easy one.
My Transaction Coordinator handles:
- Manages deadlines
- Circulates documents for signatures
- Ensures the transaction remains on proper timelines
- Ensures compliance with the required paperwork
- Communicates with other agents and the title companies
- Schedules the inspection and tracks appraisal appointment
- Answers the client’s questions as they come up
She also could handle listing input and listing agent duties associated with selling properties, but I typically can manage to work those tasks in my available time.
A transaction coordinator is a way to have an option for my clients when I am unavailable during the day. Managing the paperwork will keep the ball rolling on a deal, but it will not create new business for you.
If you can leverage the paperwork part of a transaction, you can free yourself up for more money-making activities.
Virtual Assistant
A virtual assistant (VA) is just that, an assistant that works virtually or remotely. I use a virtual assistant to take care of some of the tasks essential to my business, allowing it to run and grow.
I did not always have a VA. I hired one in 2021 when I had some business to afford to hire one. I use MyDesk Virtual Office and have had the same VA for over 2 years.
Hire a Virtual Assistant
My virtual assistant handles the following:
- Updates my CRM – adds notes I send her in a voice memo
- Creates marketing material for properties
- Checks in with clients via text message
- Manages social media platforms
- Sends templated emails
- Sends thank you cards and other cards to clients
- Logs new leads in the CRM and sets them on a drip campaign
- Manages updates on my website
- Completes follow-up tasks to obtain reviews from clients
- Any other tasks I consider essential but busy work.
A virtual assistant can realistically assist with anything you need if they have the instructions and access to complete the work. I created some instructions on completing tasks so my VA has the information she needs to accomplish her work.
Strategy 7 – The Right People
You may not have heard the saying; you are the top 5 people you spend time with. Why is this important?
Here are some thoughts on how the top 5 people you spend time with impact you:
- You tend to adopt the attitudes, behaviors, and mindsets of those you surround yourself with frequently. Their qualities and values will rub off.
- Regular contact with motivated, successful people lifts your standards and beliefs about what you can achieve—their drive fuels yours.
- Time with positive, uplifting people infuses you with optimism and emotional energy. Their vibe affects your vibe.
Compatible friends and partners provide social support, understanding, and encouragement as you pursue goals. Shared purpose inspires.
- Mentors and experts in your field provide wisdom, advice, and insights you can apply to grow professionally. Their knowledge guides you.
- Toxic, negative people drag down your mood and outlook over time. Their cynicism drains you.
Here are some ways that surrounding yourself with the right people creates a supportive environment and fosters a positive mindset as a real estate agent:
- Joining a brokerage with an experienced, collaborative team provides mentorship and motivation as you build your business. Having allies amplifies success.
- Networking and partnering with fellow agents that share ideas and best practices helps avoid reinventing the wheel. Community spurs growth.
- Associating with clients and professionals who appreciate your work gives validation and renews your passion for serving others.
- Interacting regularly with optimistic, encouraging friends and family who celebrate your wins keeps your outlook hopeful.
- Following inspirational leaders and experts in your field exposes you to positive messaging and wisdom.
What is a Part-Time Real Estate Agent?
Understanding the Role of a Part-Time Real Estate Agent
A real estate agent working part-time in the real estate market often juggles other commitments.
While their availability may be more limited compared to full-time real estate agents, they can earn as much, if not more, than some full-time real estate agents with the right strategies. You must employ the right strategies to make this happen with part-time hours.
Part-time real estate agents work independently or can be on a real estate team. Being a real estate agent means assisting clients in selling or buying real estate transactions.
Benefits and Challenges of Being a Part-Time Real Estate Agent
Being in real estate part-time comes with its own set of benefits and challenges. One significant advantage is the flexibility it provides. As an agent, you can determine your working hours and seamlessly integrate your real estate career with your other commitments. Moreover, the more time you invest, the greater your potential for earning.
However, balancing between managing your real estate business and fulfilling your other responsibilities presents a significant challenge for agents looking to establish their presence in the industry.
Gaining Experience and Carving Out a Niche
After gaining experience for around 18 months, many part-time real estate agents feel prepared to identify a specialized area of focus. Finding a specialty can be the key to success in the real estate industry.
Specializing: The Secret Sauce for Success
The real estate biz is all about the customers. Focusing on particular demographics can give you a competitive edge and enhance your chances of success.
Discovering a specialty isn’t as daunting as it may seem. Start by figuring out what you’re passionate about and knowledgeable about. Are you into residential or commercial properties? Maybe you’re all about affordable housing options like tiny houses, ADUs or container homes. Or perhaps you’re a house-flipping extraordinaire?
Once you’ve identified potential niches, do your research. Check out the demand and competition levels for each one. A specialized focus sets you apart from other agents, making your marketing efforts more effective. You’ll be targeting specific audiences who are interested in what you offer.
Becoming known as an expert in a particular area could lead clients to your door. That’s where niche marketing strategy comes into play.
Patience: The Key to Part-Time Success
Being a part-time real estate agent requires patience. Building your business and achieving success takes time, especially when balancing other commitments. So, buckle up and get ready for the long haul.
Dealing with Setbacks and Staying Motivated
Slow growth and fewer sales in the early stages? Don’t sweat it. Learn from these setbacks and use them to improve your real estate game. Stay motivated by celebrating small victories: every sale and positive feedback counts.
Need a boost? Connect with successful part-time agents who’ve been there and done that. They’ll share their wisdom and keep you inspired throughout your journey.
Patience: The Real Estate Virtue
Success in real estate doesn’t happen overnight. Forming bonds, acquiring knowledge, and setting up a dependable standing requires a while. As a part-timer, you may have less than 40 hours a week to dedicate to your business. But remember, slow and steady wins the race.
Be perseverant and maintain your focus on the objective. Your hard work will pay off, even if it takes slightly longer than expected.
Frequently Asked Questions
What is a good side job for a real estate agent?
A good side job for a real estate agent can be property management.
Is real estate worth it as a side hustle?
Yes, working part-time as a real estate agent is possible. Many agents choose to work part-time due to other commitments or ease into the industry while maintaining another job.
What is the most profitable position in real estate?
The most lucrative real estate gig can change with market trends and your own approach. But investing in rental or commercial spaces with good income and growth potential usually pays off well.
What is the fastest way to make money in real estate?
Flipping properties is the quickest way to cash in on real estate. Buy low, spruce it up, and sell high. Just make sure you know the market, what renovations will pay off, and how to attract buyers.
What is the downside of being a realtor?
Being a realtor means dealing with income ups and downs. You work on commission, so your monthly earnings can swing a lot. Plus, the real estate market has its own cycles that can affect how much you make.
Can you be successful as a part-time real estate agent with no experience?
Absolutely! Many people have achieved massive success while working part-time in their real estate careers. It’s all about implementing success strategies for a part-time real estate agent and staying committed.
How can I become a part-time real estate agent with no experience?
To become a part-time real estate agent, you must get your real estate license. You can do this by attending a real estate school and passing the required exams.
Can I start as a part-time real estate agent and transition to full-time later?
Absolutely! Starting as a part-time real estate agent can be a great way to get your foot in the door and gain experience. Once you feel comfortable and ready, you can gradually transition into a full-time agent if that’s your goal.
ARE PART-TIME REAL ESTATE AGENTS LESS SUCCESSFUL THAN FULL-TIME AGENTS?
Not necessarily. While full-time agents may have more time to dedicate to their real estate careers, success in this industry is not solely determined by the number of hours worked. With the right strategies and dedication, part-time agents can achieve the same success.
is balancing a part-time real estate career with other commitments difficult?
Juggling a part-time real estate gig with other commitments is doable with good time management and planning. Set boundaries and prioritize tasks to make it work.
Can I work part-time and still earn a good income as a real estate agent?
You bet! In real estate, your income isn’t tied to hours worked. Even part-timers can earn well by focusing on smart strategies and high-value tasks.
Do part-time real estate agents have access to the same resources as full-time agents?
Part-time and full-time real estate agents often get equal access to resources like tools and training from brokerages. Your work schedule doesn’t usually affect the support you receive. Picking a brokerage that fits your goals and needs is key.
Are there any success stories of part-time real estate agents with no experience?
Absolutely! Insert my picture right here! There are many success stories of individuals who started their real estate careers part-time and achieved massive success. With determination, hard work, and the right strategies, anyone can make their mark in the industry.
Conclusion
In conclusion, we explored seven success strategies as a part-time real estate agent. Being a part-time agent is ideal for those seeking to enter the industry while balancing other commitments. You can thrive by understanding the role, taking necessary steps, and implementing effective strategies.
These strategies will help maximize your limited time and energy regardless of your other responsibilities. Stay organized, build your network, and leverage technology for significant results, even with a part-time schedule.
Remember, success is not just about logging long hours or working yourself to exhaustion. It’s about working smarter, not harder. With these strategies, you can achieve your goals and build a thriving real estate business that fits your lifestyle. So go out there and make it happen!
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