simmode1

Yeah, I should clarify my earlier statement. The main reason most ppl don't make much money the first few years of doing real estate is that they believe they can't afford to quit their day job to take a risk on something completely based on their ability to close sales. Most of these ppl would prefer to have a nice nest egg saved up before they take the plunge to do real estate full time. Holemilk, I can only imagine that you had at least a little nest egg saved up before you dove into real estate, coming from your previous $100k+/yr career. I don't want to set anyone up for failure by making them think it's a great idea the dive into real estate if you barely scraping by & living paycheck to paycheck.

Problem is: the more time you spend being complacent at your dead end job, the more money you're letting pass you by in the real estate biz. I can understand the assurances & certainties ppl want in place before they dive in head first. But for sure, doing it full time is where the money is. The quicker you get to doing it full time, the better. Seems like the part timers get more of the lease commissions because the full timers have already got the jump on customers actually looking to buy. Getting $600 here or $800 there from lease commissions is a nice income supplement. But getting $6000+ from an actual sell is the way to go.

Hell, I don't even know how ppl with regular 9 to 5's do real estate. My girlfriend has huge open blocks to time to show houses & email blast because of how flight attendant scheduling works. I couldn't imagine how much harder it would be working a set 9 to 5. That's probably why so many new realtors wash out in the first year. Fortunately, my gf has a good friend of hers who's already been doing it for a while showing her the ropes & providing mentoring.