I’m toying with the idea of getting my real estate license, but I’m the primary earner in my household and the commission‑only aspect terrifies me. For those who made the switch from a salaried job, how did you handle the first 6–12 months of unpredictable income?

like
Posting as :
works at
You are currently posting as works at

Liquidity… do you have enough saved that you can go 12-18 months without a paycheck and drowning?… that’s the reality you’d have to come to face, and anticipate…

I have clients who are hyper-successful realtors… from what I’ve been able to gather from their success is it’s a social game… most of them work closely with developers, advisors, attorneys, insurance agents, etc… you need to have the contacts and need to go into it with the goal of killing it, to avoid it being something that you did one time… because everyone knows someone who either is or was a realtor…

Also, the housing market right now (depending on the metro) is fairly soft… so timing might be challenging right now…

like

Not saying it’s not possible. But my friends sister went from 6 figure job to real estate agent. Went 12 months without selling anything and only got 3 listings. Went back to 6 figure job.

This is far more common than not

Treat months 1–6 like a financial bootcamp: keep your salary or a part‑time bridge, build a 6–9 month expense cushion, and join a team for leads/splits so you’re not hunting alone.
Lock a strict pipeline routine (daily prospecting blocks, open houses, sphere touches) and cap fixed costs early; unpredictable income feels less scary when your runway and system are set.

Related Posts

Hi There! I got a referral for a Strategy insights associate consulting position for R&D clinical but then I got a swift automated response that I don't meet the requirements, can someone help?
I have a 2YOE at Cytiva as a life science intern and a MSc in Immunology! Would love to chat with others for opinions and help!

like

Currently interviewing for a Core Solution Engineering role at Salesforce (level is still tbd). Anyone know the pay ranges between Sr., Lead, Master levels? I’d like to be prepared if/when I get an offer

like

Hello amazing people. I currently work in CA as a HH RN and planning on relocating to MI in couple months.
I’m not sure about the most efficient way to proceed. Is it best to start as a travel HH RN? Do I apply directly with an agency that offers relocation benefits?….I have over 15 YOE, what’s the pay like in MI?
Thank you all for your help!

like

What is a typical AVP salary + bonus structure at CitiGroup? In Mississauga, Ontario.

like

For those who switched from audit to advisory: what are some of your job responsibilities? What kind of advisory service are you in? Did you like the change from audit? What are the disadvantages?

like

Is investment accounting a good career path? Looking for any insight to the role, career progression, exit ops, etc. I got the opportunity to work at a very well known wealth asset management company as an investment accountant. I do enjoy finance as well. Pay is very good so I’m wondering if I should take the opportunity?

like

Hi guys,
I Have offer with 22lpa from persistent system.
What will be my in hand salary if anyone have idea please let me know ..

like

What's the maximum pay for pega developer in India with 5 YOE

Any job opportunities in Chicago? Looking to pivot away from accounting and tax and go into operations, or analyst roles!

like

Anyone in Transfer pricing NEW YOrK office ? What is your level and comp? Thanks so much serious answers only - respond as you would like to be answered

Recs for getting art framed? I know the MFA sends their stuff to Stanhope but I don’t think I really need museum quality framing.

like

New to fishbowl😊
Excited to DM Experts to learn more from them...
I hope you guys help me to get 12 likes.
Thank you in advance dosto🤞

like

Does anyone else struggle with dopamine fasting?

like

Got an interview for an Analyst role within the Crypto division. Any advice?

I’m curious. What would you say is the best industry / sector for…1. WLB, 2. Great people / team, 3. Exit opp’s., and 4. Overall (mix of the above). Goes without saying the obvious “it depends on office, team, project, client, etc.” So this is an ask for general observations.

like

How many of you make over $500k a year? What is your AGI after deductions? What firm do you work for? How long have you been in the business? What’s the best piece of advice you can give?

likesmart

Few days back I have given resign in infosys.. Today my senior manager called me and asked why you put resign.. Infosys has lots of career growth, digital specialist you can try .. we can give you onsite opportunity.
What I need to do now ?
Infosys CTC - 6 LPA
Holding offer - 14 LPA

like

What is the starting salary for A3?

What do you think about Netflix and Disney? Netflix I bought it $176
Sell ??

Disney I bought it at $540
Sell?

like

Larsen & Toubro Infotech I was selected as a senior software developer (5+YOE) in Larsen & Toubro Infotech how much salary I can ask them? My current CTC is 5LPA and I'm expecting salary hike in this month

like

Additional Posts in The Real Estate Bowl

Where are you buying your kitchen cabinets? Used Ikea in the past but that's clear not going to work right now.

like

For those who use property management companies to manage your rental properties, what are the services that you really value and will switch out to a different one if not getting such services?

I have the opportunity to buy a new build in ATX for 310k at 5.625% 30 year. Should I buy it? I can either:
1) rent it out
2) sell it

It's not my primary and I don't need it to live in. The news about a housing market crash is worrying me. Any advice?

like

Question for folks with second homes: Considering buying a vacation home but would be primarily for family use. We currently have a primary residence with a mortgage balance of ~640K, so my understanding is I could only deduct the mortgage interest on 110K of the second mortgage to stay under the 750K cap. If I were to buy the second home through an LLC, would that allow me to exceed that 750K since the expenses of the second home would be pass through expenses/income?

like

Anyone want to aspire and get their real estate licenses together for a side hustle?

like

Currently looking for a roommate to share a 2 bed apt with in suffolk county long island. Message me if you are interested. Budget around 1300-1600

like

Anyone sell to Zillow? Got an amazing offer from them, but naturally my floor decided to start deforming right before inspection. No water damage - I can get someone out here to fix it ASAP, but wondering if it’s worth the hassle. Mostly worries inspector will think there’s water or foundation issues

like

Any good HELOC recommendations?

Ideally 90% LTV, minimal closing costs, desktop appraisal.

like

I’ve been thinking about getting into real estate investing. Not right now but later down the road. I’ve been trying to save up for a down payment. What are some good resources for a beginner? Blogs, YouTube, books etc I’m not looking for paid courses because I will be learning at a slow pace. Any help will be appreciated.

like

How long did it take you to purchase your first rental property once you started looking? I’ve been working with an agent for about a month with one offer not accepted, feeling discouraged

like

So I am about to move to D.C this fall for work. I'm really interested in Real Estate and renting places out but don't know where to start. Should I look into getting a license or just putting down money on a place to own and then renting it out? What makes the most money? How long would it take to see income?

like

What's the best city in UK to buy a buy to let property, with best returns?

like

Hi - any good books recommendations for getting started on real estate investing?

like

How big is to big for an initial investment property. Theres a 20 SFH portfolio for sale by me for about a mil. Is this to big to start with initially? I'm less worried about the Financials (feel comfortable on that end) and more worried about the managerial aspect.

like

Got a letter of default and acceleration notice from bank who repurchased my mortgage due to what they thought was mortgage fraud but wasn’t. I’m contacting a lawyer but has anyone gone through this? I know they want it off their books and suggesting I refinance but my rate will increase and they’re demanding legal fees too

like

Anyone got a loan with Guaranteed Rate? Started looking for a condo(Chicago) and keep seeing them pop up. Looks like they charge $1290 lender fee, but wanted to see if anyone had experience with them

like

Can I get a commercial loan without 25% down?

like

Trying to find an investment property to rent out for about $300k - what are your recs for location ?

like

For people who recently refinanced, bought or is in the process of buying a new home, what APR did you get?

like

Tomorrow is a big day for me!
Made a written offer on an apartment on Sunday. Owner‘s starting price was 500k. My offer is 450k. He thanked me and we are meeting this weekend to „negotiate“. Tips?

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal