Considering a Side Hustle as a Real Estate Agent in Canada

[Tony P.]

Hi everyone,

I'm a business owner based in Canada and I'm exploring the idea of becoming a real estate agent as a side hustle, with the potential to go full time if it’s a good fit. My ultimate goal is to build a portfolio of rental properties.

I’d love to hear your thoughts and advice on a few areas:

1. Income Potential – What should I realistically expect as a part-time agent starting out?
2. Time Commitment – How much time do you expect it to take to build a client base, and on average, how much time does a deal take from start to finish?
3. Key Challenges and Considerations – What are some common challenges or things to keep in mind when starting in real estate as a side business?

Any insights from your experiences would be greatly appreciated. Thanks in advance!