Is being a Real Estate agent a good side hustle

General
1

Hi, I’m Mason. I’m 20 and I go to college full-time. I also work 14 hours a week. I’m thinking about getting my real estate license before I finish college in a year and a half. Do you think it would be a good idea to work as a real estate agent part-time, maybe 2 or 3 days a week? Thanks for any advice you can give me.

2

No. You need to work full-time to earn money in real estate. My friend, a real estate agent, took 7 years to make $40k a year. He cried 5 times during those years. Without his parents’ support for car bills, he would’ve struggled. You must excel at constant cold calling and convincing people to sign deals. You have to adopt different personas to succeed, but sometimes deals still fall through. Paychecks can be unstable, with periods of high earnings followed by months of nothing.

3

Being a real estate agent can indeed be a good side hustle, especially if you have strong interpersonal skills, problem-solving abilities, and an understanding of the market and relevant laws. It offers the flexibility to work part-time and the potential for significant earnings through commissions. However, it’s important to note that success in real estate requires dedication, and the market can be unpredictable.

4

Hi Mason! Pursuing a career in real estate while still in college can be a great idea if you’re able to manage your time effectively. Here are a few factors to consider:

  1. Time Management: Balancing college, work, and obtaining your real estate license will require excellent time management skills. Make sure you can allocate enough time to study for your classes, work your part-time job, and complete the necessary coursework for your real estate license.
  2. Flexibility: One advantage of working as a real estate agent part-time is the flexibility it offers. You can schedule client meetings, property showings, and other tasks around your college classes and work hours.
  3. Networking Opportunities: Real estate can provide valuable networking opportunities that could benefit you in your future career endeavors. You’ll have the chance to meet other professionals in the industry, potential clients, and mentors who can offer guidance and support.