Did anyone try working as real estate agent as for side income? Do you think it worths getting ~77 hours of course and get the license? Thinking of ways to get side income and one of this came in mind.

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I think it depends on a lot of different factors. I have a buddy who works in Cybersecurity and is remote and he does probably 6-12 listings annually which can add up if he’s getting 3 percent per listing so it can be a nice piece of side income. I’ve actually considered it because I own several properties and I actively invest in real estate so it could make sense especially once I start off loading my properties. Why pay 15K to a realtor when I can just sell the property myself? Those fees add up.

Also understand that being a realtor isn’t going to be easy, it requires work. I think that’s one thing my buddy says is you really have to hustle to get listings to even sell. Just don’t go into thinking it’s going to be a walk in the park is what I’ll say but it could be worthwhile.

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Thanks! I think I should go for it

Well there are currently 3 agents for every listing, so if you like those odds, good luck

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See I agree with you but for the side income, there is no opportunity cost- I am doing nothing anyway other than my full time job!

I think it’s totally worth it. I have been an active realtor for over ten years while working a full time job and it has been excellent side income. Your full time job has to be flexible enough to allow it. As to costs, they would be covered with 1/2 of your first deal.

I only work with sellers because I can’t spend my time showing.

Lastly, people burn out because RE is their primary source of income. Not the case for you.

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Great! Thanks for your insights!

Over 50% of realtors last less than 2 years. Most realtors make $0 in the first 6 to 8 months.

If you can ride out the lows and feel like you have a unique network, you can be very successful. But the barriers to becoming a realtor are low, and it’s a performance-based industry, so nothing is guaranteed.

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Regardless of the circumstances, there’s a very high rate of failure, and there’s a lot of competition for the few houses that are available for sale.

In my area, houses are still going over asking with multiple offers.

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I’m doing it and it’s totally worth it. Let me know if you want to chat!

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