20 Years Old - Full time or part time RE Agent? Need your advice!

[Account Closed]

Hey BP, I'm in need of your opinions and advice! :)

So, my question is: Should I be full time RE Agent, or should I find a W2 job and be an agent on the side? I know a lot of people say that it's difficult being a part time agent, but I primarily work with investors and I'm not always on call like 'typical' agents. And if you suggest I should get a W2 on top of being an agent, should it be a real estate related W2 job?

Here is a little background on me to help form your opinion: I'm 20 years old and located in Kansas City. I am currently unemployed due to my previous department being cut from the real estate investment firm I was working at. I DO have my KS real estate license, but I still need to affiliate with a broker. I have a lot of real estate connections and experience, so I could fit well into another W2 real estate investment firm if I can find an open position. I still live with my parents, so I could bare the 100% commission pay being an agent, but I am looking to purchase a MFH to house hack within the next 2 years so that may make it difficult to get a FHA loan. I am also thinking of going back to being a full time automotive mechanic (I am trained and experienced in automotive work and used to be a mechanic before I took the position at the REI firm) and being an agent on the side.

So what would would you guys do? Full time agent? Part time? Find a W2 RE job, or go back to being a mechanic and work in RE part time? Please let me know what you guys think! :)

[Cody Petersen]

Agreed @Caleb Brown

It all depends on your long-term goals. If you want to be in RE for the long term, then I would be a full-time agent. However, if you're looking to just buy properties here and there and not want to worry about commission-based pay. Then, a W2 job is probably the way. Remember, there are also other ways to acquire property without traditional financing. Again, just keep your long-term goals in mind! 

Feel free to reach out as well!