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Updated about 4 years ago on . Most recent reply

User Stats

220
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90
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Brandon Ribeiro
Lender
Agent
Pro Member
  • Real Estate Broker
  • Philadelphia, Pa
90
Votes |
220
Posts

Job while being a realtor starting out

Brandon Ribeiro
Lender
Agent
Pro Member
  • Real Estate Broker
  • Philadelphia, Pa
Posted

So I lost my job in June and pivoted to being a full time realtor. Do you recommend finding a full time job or part time job while getting started? I keep seeing my savings decreasing while paying my mortgage and bills, but have no real cash flow right now. 

What would you do in my shoes? I have been working in sales/ project management my whole career since college if that helps 

Most Popular Reply

User Stats

39
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36
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Karen Jackson
  • Specialist
  • New York City, NY
36
Votes |
39
Posts
Karen Jackson
  • Specialist
  • New York City, NY
Replied

@Brandon Ribeiro

Hey there, going 100% in sounds great but it’s not feasible especially considering that you have other obligations, bills etc. Starting up can be very costly and difficult, marketing, desk fees you name it. Buyers are liars, everyone’s ready but no ones really ready, clients can ghost you be sneaky or go behind your back, be dreamers, shoppers etc. I’m being real it can take months to close a deal that may or may not even close. However, Real estate is super flexible. My suggestion is to get a job to cover your day to day expenses, partner up with someone in your office that you can trust to cover you if showing time conflicts with work. You Can have a job and schedule your showings around your schedule! You control the narrative.

Take it from me I’m a full time kindergarten teacher, and investor and I also do real estate part time and that is my strategy and it works. I’m honest enough. To say I don’t make enough going FT in real estate to quit my job just yet. Many times I’ve been fed up with my job and wanted to quit and do real estate ft and My broker has advised me not to quit my job just yet either. (Having the w2 helps with getting into other investments) So make it work for you. Get a social media profile and make it all about real estate to attract more clients, take them out on nights and weekends depending on your schedule. I’ve even realized these are the times most buyers can view anyway because they are off on weekends and get off work in the evenings. Not everyday you’ll have a showing so on those days you can go into the office make calls, post listings etc. So weigh your options. I like financial security and a cushion in the bank as well lol

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