Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

30
Posts
7
Votes

Keep my Engineering Job or Become a Real Estate Agent

Juan M Restrepo
Posted

Hello guys, I currently work as a consultant for a software company. The pay I get is decent for my specific profession, but I make a fixed salary regardless of how well I perform. I was considering switching to be a Real Estate Agent since they are pay on Performance and the pay is limitless depending on how well you do. This profession also synergies well with being a Real Estate Investor since it will force you to look for comps and learn your market.  I was considering going to KW since they have a lot of training available. I just wanted some input from the community. I would have to go part time as a realtor until I can start making some money. 

Some of the concerns I have is: 

1. Would this be foolish exchanging a job that pays me biweekly and gives me good pay (annual salary is around 70 k)  to be a Realtor? 

2. I know the majority of new realtors quit the industry after 1 or 2 years . 

3. How much do realtors on average actually make? I been looking at indeed and the average real estate makes 40 k a year. 

4. Could I even making working a part time as a realtor until I can quit my job. 

5. Does being a Real Estate Agent actually help you be a better investor? 

Most Popular Reply

User Stats

198
Posts
163
Votes
Michael Albaum
  • Rental Property Investor
  • Petaluma, CA
163
Votes |
198
Posts
Michael Albaum
  • Rental Property Investor
  • Petaluma, CA
Replied

@Juan M Restrepo why not do both? Go get your agents license and work on weekends to see if it’s feasible as an income generator or if there are things about being an agent that you hate. It doesn’t have to be all or nothing. Dip your toes into the water and see what happens.

Best of luck!

Loading replies...