There’s no doubt that a career in real estate can be both rewarding and challenging. For some of you who are thinking of entering the field, the question arises: is it possible to be a part-time real estate salesperson? Some may not want to give up their current full time job while they’re still exploring the real estate industry. Others with a multi-approach entrepreneurial mindset or certain lifestyle requirements and commitments may want to take up a part-time real estate career, while maintaining other ventures or their lifestyle.
Let’s take a look at the pros and cons of being a part-time real estate salesperson.
One of the biggest advantages of being a part-time real estate salesperson is the flexibility it affords. If you have other commitments—such as children or elderly parents—that make a full-time schedule difficult, being a part-timer may be the perfect solution. Working part-time can also give you the opportunity to test the waters before deciding if a career in real estate is right for you.
Another advantage is that you can earn a good income without making the same time commitment as someone who works full-time. The real estate industry is conducive for people from all walks of life, as long as they have the passion to learn and build their career. This means even those with established careers in another field or those in different phases of their careers and lives can take up a real estate salesperson role without committing full time. So, if you’re looking to supplement your income or even ease into retirement, working part-time in real estate may be a good option.
Before you dive headfirst into a part-time career in real estate, there are some potential drawbacks to consider. One is that working part-time may limit your earnings potential. Because you’ll likely have fewer clients and less time to sell properties, your income will probably be lower than that of your full-time counterparts. In addition, if you’re not working full time, you may have difficulty staying abreast of industry changes and keeping your skills sharp.
Another consideration is that many successful real estate agents are self-employed. This means they’re responsible for their own marketing and advertising expenses, as well as additional office space rental and other business costs. If you’re working part time, these expenses can cut into your profits—and may even make working part time in real estate impractical.
Being a real estate salesperson is a great way to earn a living. It can be a flexible job that allows you to set your own hours, and it can be a very lucrative career. However, it is also important to remember that being a real estate salesperson is not a passive income source. In order to be successful, you need to put in the work. This means finding clients, showing properties, and closing deals. For some people, this is too much work to do on a part-time basis. However, there are many part-time real estate salespersons who are able to juggle multiple jobs and sources of income. By being strategic about how they use their time, they are able to build successful careers while still maintaining a good work-life balance.
There’s no easy answer when it comes to whether or not you can be a successful part-time real estate salesperson—whether it will be a wise and effective move depends on a number of factors. However, if you’re thinking of dipping your toe into the world of real estate in Singapore, taking a real estate course can give you the skills and knowledge you need to be successful—even on a part-time basis.
Taking up proper real estate agent training can set property agents on the right path to maximise their career and earning potential. With Real Centre Network, you can be assured of a quality and reputable RES course that will give you the critical knowledge and skills you need to succeed in your chosen career path. You’ll learn industry concepts and agency practice standards with thorough explanations and learning methods as you progress with the real estate salesperson course. Real Centre Network is a preferred training provider with a consistent track record of passes for RES exams. Speak to us today to enrol in our RES training course.