ZJB glad to read this. I have been wanting to work part time as a real estate agent to make some extra money and who knows maybe in the future so it full time. But everybody and everywhere they say part time is not possible. Thanks !
Krystal Jones I work on my lunch break ( sending emails, making calls, scheduling showings), after work & on the weekends (more showings & hosting open houses for other agents who have listings).
JLSARRIA you’re welcome. It’s not true. Everybody has to do what works for them. I keep my full time income to maintain my current lifestyle. Any real estate income goes straight to paying off debt. Once all my debt is gone, it will be used for traveling, savings accounts, future kids college funds, etc. I keep my full time job because I actually love it & to keep my health insurance. 😊🤷🏾♀️
Treat real estate EXACTLY like a job. Shower. Drive to work. Sign in on your own pad. Do the tasks of your job to get customers. Go in at 9am. Take your lunch hour. Get off at 6pm. Just like a job. Get customers all day (your phone). Set appointments. Work on files. Set your tasks. Work overtime as required. Add to your personal staff as needed and as your budget allows. Treat it exactly as a job/business. YOU be the slave driving, demanding supervisor of yourself. Do all this, and you will get paid far more than you could ever make on a salary at any company. It's just that 90% of people won't. It's all a mindset/attitude. Quit your low paying job, and get into the high paying job of real estate. Guarantee your own paycheck. If you have the guts and discipline. I'm a real estate agent. Don't do it forever. Set a financial goal. How much do you need to live the lifestyle you want, for as many years as you want. Want to live on a million a year for the next 40 years? Then make 40 million. Do commercial real estate if you want. Do higher price homes if you want. Get a Broker license and get a piece of 100 agents if you want. Get your goals. It's all up to you - or not.
Facts kvec21 . I am a full time Realtor. This is what I do. Time block and cut out the distractions. Have a business plan to add individuals to my business to handle the other stuff. Love this. Thanks for sharing.
I am part time real estate right now. I tech signed on with a broker in March of this year but didn't start training until May. No closings yet. I'm still learning and growing. For anyone who is reading this listen to the message! I'm glad I never just quit my job. Maybe I would have one to two closings by now if I would have went full time real estate but unless it would have been a half a million dollar listing or more, it wouldn't be enough to pay bills. So seriously be wise. And take at least 3-4 days a week to continue training. It's A LOT to learn. Since I didn't keep up with my training now I'm having to go back and re teach myself stuff. So just know it takes time. Remember everyone has a different path in real estate. Some people go right in and get a closing their first month. Some it takes 6 to a year. Some people have a spouse that makes enough money and they don't have to work so they can focus all their time on real estate. Some people have to save up or still work to do real estate. Some people have a back ground in sales and some people have to be taught it. So don't be down on yourself if it takes you longer. Just learn and grow. Thank you Chastin Miles for your RUclips channel. I love learning and growing from your videos.
Thank you very much for all the videos you are making my ex lives in Arlington Texas and she's into real estate I laughed at first because she was doing real estate now I'm thinking about doing it here in Buffalo New York I do have a full-time job with benefits and I'm going to have a gentleman that's heavy into real estate successfully Mentor me wish me luck my friend Johnny Bishop of Buffalo New York
As a broker and owner of my real estate outfit and a Realtor for 13 years....DO NOT QUIT YOUR DAY JOB! Chastin nailed it. You will make more friends and clients through your day to day and face to face meetings versus cold calling and door knocking. Referrals are king! Ryden Residential Real Estate Experts out in California and yes....I hire part time agents.
I work part time as a Realtor and full time For the VA Hospital. I am going on my second year of Real Estate and I must say that the first year was rough because it felt like a guessing game the entire year. Not much money came in that year. But once I hit the year mark, business took off and I am having trouble keeping my VA Job. LOL. Which is great because I plan to transition smoothly in to Real Estate soon.
I work full time for the federal government and work from 7:30 am to 4 pm. I usually schedule my appointments after work or on the weekend. Depending on the clients situation, I may take the day off if they are buying.
Anonymous I work as an admin for the Travel Nurse Corp. if you’re looking to travel then you could get in much faster with the Nurse Corps and still be a VA employee. From there you can apply for full time positions. But I’m doing Real Estate and wholesaling to supplement my income. I will also be investing and I have a rental property as well.
I’m a little more than part time due to my full time job has a lot of flexibility. Real estate is hard because I don’t have a large sphere, however, being dual career allows me to build those connections with work associates and the people they know.
I have been going back and forward with going full time. I have finally decided that I'm going F/T. BUT I will say this, if you thinking about it, I do agree with Chastin. Keep your job, for at least a year. Learn the business, understand it will be tough. Its tough part time so imagine when this is all you got and its slow or nothing is working.. It can get crazy! SO save your money, learn learn learn! And check out Chastin's rental boss.. Its an extra tool.
You are so right. I quit my job to dedicate myself to be a real estate agent full time , and now I realized how hard it is,specially now that I’m new. Thanks for your honesty.
Chastain you always keeping it 💯❗That's why I love your channel. You're mentorship is truly a blessing for me. Looking through the peep hole from the outside compared to listening to you from the inside...priceless!!
Thanks for this information!!! PT agents are made to feel as if they aren't doing the business justice because they haven't gone FT BUT the brokerages are not trying to offer compensation to keep you afloat. Shoot just to pay the monthly fees you need monthly income coming in.
OMG! Thank you for this video. I see so many similarities in real estate and the tech industry (the industry I'm in). People tell me they hate their current job, want to quit, and go do web development right away. The money NEVER comes in right away but gurus have people convinced that quitting your job and just going through a course they sell is going to make a person a millionaire in a week. So wrong and misleading!
Great advice! Wish I had this video when I first got my license back in 2012. I was able to stay barely afloat for about 2-3yrs, and then eventually had to get a job FULL-TIME! Fast forward to 2019. I’ve decided to get back into the business and I’m taking my time now, asking as many questions as possible, and planning ahead.
Perfect timing for you to upload this video. I just passed national and state exam last week and I’ve been interviewing brokerages this week and they’ve attempted to convince me to quit my job and do real estate full time.
Trenton, I actually lost my job of 13 years 2 weeks ago. I've been procrastinating becoming an agent for that long and sitting at that job depressed and miserable. I saw my termination as God pushing me out there to finally do this. Let me know what you decide to do. I'm considering getting a night job since I'm looking anyways. I have degrees and stuff but I want happy in a cubicle. If I can find something that I truly enjoy, I'm willing to do evenings since my kids are grown. Best wishes to you
I just passed the PSI and I am currently looking for a broker. I have been informing them that I will be looking to work part time. They seem to be ok with it which is a good thing in my situation.
I'm also an agent in Dallas and have had my license about 3 months. I appreciate your vids because I can relate to someone in my own market who has been through the new agent growing pains. Keep helping others man, I can say for myself you've really helped this newbie! If nothing else, just understanding that it will take time but it will pay off if I stay consistent. Until then, keeping the 9-5 lol
I had spent two days. a total of 9 hrs between research and many you tube videos and you are the only one to answer the question I needed and relieve that what if. Or if I could in the back of my head. This video is the best so for thank you
I,m a new agent struggling so far, but being new at something always starts off rough. I think i I will be fine though. I'm doing real estate part time..
I work part time as a Realtor and full time For the VA Hospital. I am going on my second year of Real Estate and I must say that the first year was rough because it felt like a guessing game the entire year. Not much money came in that year. But once I hit the year mark, business took off and I am having trouble keeping my VA Job. LOL. Which is great because I plan to transition smoothly in to Real Estate soon.
Darrell Coleman Nice.. my brokerage wants me to work strictly rentals right now. It’s really killing me at this moment. I’ve been on so many viewings and have yet to convert a rental on my own.. I’m hoping it gets better for me soon
Nando Smith have you been able to do any open houses? I do rentals also but by choice. My brokerage laughs because it’s a slow process but it pays for my advertising. If you have a good amount of clients it will soon start to pay off.
Nando Smith are you doing advertising on social media? Do some walk throughs and video it without your client in the video. Unless you have permission from them before doing so. You’ll show your following that you are confident and active in Real Estate by doing so. The rentals will come quickly if you do. And hopefully you’ll get in to selling quickly.
I'm glad he explained the whole title. I'm only 19 with no debt and don't pay to live with my parents and make no payments. I was working full time for a year to save up and I recently am taking the course to get my real estate license. I hope my journey goes well and I'm glad it was cleared that I was okay with making this transition since I have money saved up and no bills to worry about.
Excellent video. I teach public school and do real estate and you are so right about the contacts and referrals that come from our already established network. Keep the videos of sound reasoning coming!
This video hit home for me.. That's The Real Stuff Right There... I feel you on this one... I'm learning on my own with help from my mentor, but no train do to my work schedule. All training is in the day when I'm at work... My current situation is moving really slow especially with holding a full time job. I actually have 2 Jobs. I also do the Video Work on the side as well.. Real Estate is my third. I'm learning on my own mainly from you and other RUclips favs. It is a slow moving process, but I am hosting an open house tomorrow looking for networking and more leads. I'm doing my part and going door knocking to invite the neighbors. There is so much to learn and I think its all apart of the process. I'm not worried about moving to fast, and I'm not giving up so its always a good thing to have multiple revenue streams. Never quit the job until your skills are up to par I agree.. I'm just being persistent and once the ball starts rolling in Real Estate then this will be a nice addition to my current services. I'm learning the game and it seams a lot of Realtor agents have multiple revenue streams. I appreciate you and all that you do. one day real soon, I plan to combine all my skill and put it all together and be just like you. Keep up the good work Mr Miles...
Thank you! I was thinking about saving a years worth of expenses and then quitting my job to go full time into real estate but now I feel like I should still have those savings, do real estate part time and then quit my job once I have sold at least 5 listings
I'll be part time when I start. I liked that one particular brokerage did NOT discourage this model. I have an established career that I enjoy, but have always looked at RE as additional stream of income/business to transition to later on when I hit my "ceiling". Other considerations one should think about include not just having regular savings, but saving up to be "self insured." When you leave a FT position with benefits, you leave medical/dental/ 401k, etc. This could be a factor for a person with children, on meds, other related issues.
Programs like Medishare Health plan, it's more like a cooperative health plan. It's a Christian organization that's been successful. From my understanding you pay for dr Visits but if you go to hospital or get a chronic illness the plan kicks in & pays for your healthcare. So, in the end you pay are not sent large Bill's if you get cancer, etc. There's another plan, I can't remember the name of it. But people love both.
Thank u sooooo much Chastin for this video!!! I’m currently enrolled in classes now. Every agent I speak to says that you have to go full time. I have a nice career in the medical field and I’d like to do them both!!! Thanks for the encouragement!!! Also will there be a replay of the webinar???
I LOVE THIS GUY. Great advice man. I thought the same. I have a 2 shift job and plan to build my career slowly until I can quit. This makes me inspired.
Thank god my 9-5 is at a Property Management Firm that will allow me to transition into the Real Estate field smoothly! 🙌🏽 Leasing Agent coming soon! 💪🏽 Salary + Commission! Awesome channel!!
You’ll want to really watch that. I’ve been in property management for 4 years now and a lot of companies will let you go if you get your license because of a conflict of interest
Just stumbled upon your channel, doing all of my research for my transition into real estate. I just love the raw honesty! Great content, thanks for sharing your experience!
Finally somebody who speaks honesty. Glad to found you online! I completely agree with you. It is possible to succeed as a part time realtor as long as you are willing to pay the price (effort and dedication outside your regular full time job). I’ve been considering becoming realtor for several years but everybody says I have to go full time or they say “there are too many realtors out there”. I have had a great career in finance and accounting in corporate America but I love the flexibility of real estate. But since my salary is the only money coming into my house to support my family (5 in total) I can’t afford whiting my job. You really motivated me!!!! Stay in touch
Great head on your shoulders and continue to make smart decisions. Thank you for watching and for your support. Let me know if there's any way I can help!
I'm full time now but I started as a full time agent and part time employee so I can keep my benefits (health insurance is expensive). It wasn't until I had too many call offs at work that I decided to quit my job about 6 months ago and that's about a year after doing it. Everytime I was at work though I always prospected my coworkers.
I got my license last year and have been a referral associate with not much happening. I'm in the process of interviewing a different brokerage and becoming a part-time realtor while I keep my full-time job. I am a hard worker and will door knock, phone call, and do what I have to do to get listings. Love you Chastin and your channel. I have signed up for the industry power players network and can't wait to dig in.
Actually, it's amazing how many brokers encourage their new agents to do just that knowing that there is a high percentage that will not stay in the business. I think a good broker should have a transition program for new agents to follow to help them transition into a commission based career. Great video!
Hey Chastin, big fan and supporter of your channel bro! Great content. I'm currently a part time Realtor here in Houston and this video is the real! I'm working hard trying to bridge the gaps and learn the ropes. Thank you for your transparency
I would disagree if you actually want to be successful. The power of broke every morning drove me and provided me with the hustle to HAVE to succeed. I worked my a** off every day to get out of that hole and now I am a successful agent. Every part timer I see can't quickly go meet a client to make a 10k Pay check because they are too busy working a shift to pay the rent. I do understand that you are helping out the people with no plans so I applaud you for that. Realtor is not a job you are an entrepreneur and you have to think of it this way. Your brokerage is not your boss and they are not responsible for giving you money. It's all up to the individual. Amazing channel man keep helping people out! Cheers. Jeff
Definitely need to hear this. Thinking of getting my license but don’t have months saved and working full time. Thank you for this valuable information.
I just passed my test, I'm getting interviews today with brokers. I will Loooooove to quit my job to do this but I'm aware of the risk so I'm gonna start part time
Hi, I am a newbie agent an I feel completely lost.... I have been watching your videos. By the way, thank you so much for all this info. I am here in Florida, an I don't know where to start, I don't know what to look an a company to sign with. Any recommendations? Thank you again. 🙏
Am in class now 2nd week in Chastin! Already am sweating.lol but for real am sweating very challenging. I thought I knew something coming from leasing boy was I wrong. Pushing through.
Thanks for the information! I’ve been working on my transition. I live on the border of Kansas ans MIssouri so I went ahead and worked on getting both of my licenses. I got Kansas in July and on Dec 5, 2020 passed my MIssouri test and just waiting on my application to go through MREC for approval. I still have full time job. You are right you need money to get though all the testing and the classes and licensing fees. My goal is to really ramp up my advertising Q1 of 2021 ones I have all my licenses and If I sell at least 3 houses by the end of March, then I’ll go go full -time. The Kansas City Market is tough though! Houses sell really really fast.
Question? 1. Did you Quit your job? 2. What was your experience? 3. After you got your license, what was your schedule like M-F 4. The first 90days. What were you doing to survive in this business?
Chastin Miles, I will soon begin a career in real estate, and I have a good amount of money saved up. Right now I am a full time server at an upscale restaurant where I actually make decent money. I only work from 4pm-11pm, or 5pm-11pm. The brokerage where I plan on working is just down the street from my current job. My question is, do you think I would be able to continue working my current job while starting in real estate?
It is possible. You will have to work hard and stay organized. Your savings will be important as well as patience. Hope this helps. Thanks for watching.
Wow. I got an offer for a full time job that isn’t ultimately what I do but I’m going to accept the offer today to have that cushion before I get my license and really get into the field! Thanks Chastin!
College grad here with just enough money for education, classes, and licensing. Living at home due to picking the wrong major. There's no way I can dive right into this career with little to no financial backing? My plan was to become a realtor or brokerage assistant until I finish studying and take my test (hopefully getting relevant experience) and then start generating leads by any means necessary. Cold calls, door 2 door, whatever it takes I am hungry. I am looking to make this my rags 2 riches career, but if you suggest to start with some funds, what's the minimum you recommend for the first month / first year?
So I live in Dallas and I work a full time job but I only work 15 days a month. I would like to increase my income and could sell sugar to a diabetic. Any extra advice I would appreciate
I love you videos... they are very valuable to me. How do you speak to the camera so smoothly? Are you using a teleprompter? I’d like to get better making videos. I’m a Realtor in south Florida.
No I don't use a teleprompter, I tried that once and sucked! Basically I make a bullet point list of the things I want to talk about then I just talk from my mind.
I have two jobs during the day and part time over night so I'll be getting my real estate license in March 2021 so I'll be training in between my jobs and off days.
I ABSOLUTELY LOVE THIS VID! I was exactly the person your are referring to. Im got my RE License in 2016 I immediately quit my Full time Hospital Administration job and by the next year I couldnt afford to even pay for my Continuing Ed or my fees to renew. Long story short I lost my RE Licence and have so many regrets. Im now contemplating getting back into and I God for you and your wisdom. God Bless You!
Simple fix. Save some operating cash like you would for any business that your starting then start PART TIME. Other then the test, real estate has a very low barrier to entrance. No need to watch this video.
Something I realized is that everyone does understand business owner talk and not everyone has been groomed to be an entrepreneur right off the bat. It's more than that, in my opinion.
Chastin, you are really telling it like it is. I would not quit my job at Bell until I could retire from it after 31 years. I realized years ago when I first got my license that you have to be in a financial position where it doesn't matter whether you sell or not.
I just came across your videos on youtube and it was very helpful. I just have a question for you. I feel stuck right now. I am working fulltime at the moment and I just became a Real Estate Agent in Oct 2018. I have not had any real estate deals yet but I am just dont know where do start getting leads.
I just wanted to share that I have been contemplating this RS move for years and I finally decided go do the relevant research and preparedness, this video was particularly encouraging for my current situation. Great content all around!
Hey, I’m a realtor in the Atlanta area and I’m trying to crack into the luxury market. What can be some tips for a young black male like yourself to give?
Hey chastin if I were to operate as a solo agent, how would I go about getting official listing agreement for clients to sign? As well as other documents like CMA without a brokerage?
I currently work in title, so keeping my job and working as an agent is a conflict of interest. Are there any jobs in real estate that I could do while working as an agent? I have been thinking about a transaction coordinator. I make pretty good money in title. I would like to make the same whole I'm beginning real estate, as I need to pay bills. Any suggestions?
Yeah transaction coordinators are great jobs that you could do. Many of us need them. Especially if you already have the experience with the contracts.
As a lawyer in ny I get my license just by paying the fee. I plan on doing it part time on weekends bc I am so sick of being in my apartment doing nothing during the weekends I don't have my daughter.
Hey Chastin, I know you mentioned something about college which caught my attention. I’m currently going to school to get an engineering degree, but my main goal is to be a realtor and have my own brokerage someday. The degree will kind of be like a back up plan. I work a full time job, 11pm-7am and go to school during the day. I’m taking this semester off to finally (for the second time) finish my real estate licensing class. Is there any advice that you can give us clueless college students? Am I jumping the gun?
Wow!! Thank you so much for this!! I'm planning on getting my license but was a little skeptical because everyone I come across tells me that I have to "dive" in and do it full time and how I cant work fulltime and do RE part time..
Great video and you are truly a inspiration. I’m a Hvac technician and plan to transition into real estate. How can I use my HVAC contacts. I think they will always look at me as a Technichian
Good question! They will see you as as someone they can trust. Your HVAC contacts are great contacts to have, definitely use them! Be confident in yourself, your new career, and they will be confident in you.
I have a full time job & I’m a Realtor. No plans on quitting anytime soon because I love the extra income. Everything you said is true.
ZJB glad to read this. I have been wanting to work part time as a real estate agent to make some extra money and who knows maybe in the future so it full time. But everybody and everywhere they say part time is not possible. Thanks !
Awesome. So do you work at night? How does the scheduling work?
Krystal Jones I work on my lunch break ( sending emails, making calls, scheduling showings), after work & on the weekends (more showings & hosting open houses for other agents who have listings).
JLSARRIA you’re welcome. It’s not true. Everybody has to do what works for them. I keep my full time income to maintain my current lifestyle. Any real estate income goes straight to paying off debt. Once all my debt is gone, it will be used for traveling, savings accounts, future kids college funds, etc. I keep my full time job because I actually love it & to keep my health insurance. 😊🤷🏾♀️
Some of the highest producing agents I've met had other careers... I had a high school teach that sold over 100 homes per year...
Treat real estate EXACTLY like a job. Shower. Drive to work. Sign in on your own pad. Do the tasks of your job to get customers. Go in at 9am. Take your lunch hour. Get off at 6pm. Just like a job. Get customers all day (your phone). Set appointments. Work on files. Set your tasks. Work overtime as required. Add to your personal staff as needed and as your budget allows. Treat it exactly as a job/business. YOU be the slave driving, demanding supervisor of yourself. Do all this, and you will get paid far more than you could ever make on a salary at any company. It's just that 90% of people won't. It's all a mindset/attitude. Quit your low paying job, and get into the high paying job of real estate. Guarantee your own paycheck. If you have the guts and discipline. I'm a real estate agent. Don't do it forever. Set a financial goal. How much do you need to live the lifestyle you want, for as many years as you want. Want to live on a million a year for the next 40 years? Then make 40 million. Do commercial real estate if you want. Do higher price homes if you want. Get a Broker license and get a piece of 100 agents if you want. Get your goals. It's all up to you - or not.
Wow! You definitely gave the blueprint to a successful business 🙏🏽
This is the best suggestion I've got so far regarding part-time agent.
Exactly what I am doing! This comment is the key to success !! Thank you
Excellent advice
Facts kvec21 . I am a full time Realtor. This is what I do. Time block and cut out the distractions. Have a business plan to add individuals to my business to handle the other stuff. Love this. Thanks for sharing.
I did exactly that. Moved to part-time to leave space for my real estate career
I am part time real estate right now. I tech signed on with a broker in March of this year but didn't start training until May. No closings yet. I'm still learning and growing. For anyone who is reading this listen to the message! I'm glad I never just quit my job. Maybe I would have one to two closings by now if I would have went full time real estate but unless it would have been a half a million dollar listing or more, it wouldn't be enough to pay bills. So seriously be wise. And take at least 3-4 days a week to continue training. It's A LOT to learn. Since I didn't keep up with my training now I'm having to go back and re teach myself stuff. So just know it takes time. Remember everyone has a different path in real estate. Some people go right in and get a closing their first month. Some it takes 6 to a year. Some people have a spouse that makes enough money and they don't have to work so they can focus all their time on real estate. Some people have to save up or still work to do real estate. Some people have a back ground in sales and some people have to be taught it. So don't be down on yourself if it takes you longer. Just learn and grow. Thank you Chastin Miles for your RUclips channel. I love learning and growing from your videos.
Awesome comment!! Thank you for your post!
Thank you very much for all the videos you are making my ex lives in Arlington Texas and she's into real estate I laughed at first because she was doing real estate now I'm thinking about doing it here in Buffalo New York I do have a full-time job with benefits and I'm going to have a gentleman that's heavy into real estate successfully Mentor me wish me luck my friend Johnny Bishop of Buffalo New York
Always keeping it real regardless of the Ugly Truth! Notification Gang! 🔔🔔🔔
Appreciate that!
As a broker and owner of my real estate outfit and a Realtor for 13 years....DO NOT QUIT YOUR DAY JOB! Chastin nailed it. You will make more friends and clients through your day to day and face to face meetings versus cold calling and door knocking. Referrals are king! Ryden Residential Real Estate Experts out in California and yes....I hire part time agents.
Love this! Thanks for contributing.
I work part time as a Realtor and full time For the VA Hospital. I am going on my second year of Real Estate and I must say that the first year was rough because it felt like a guessing game the entire year. Not much money came in that year. But once I hit the year mark, business took off and I am having trouble keeping my VA Job. LOL. Which is great because I plan to transition smoothly in to Real Estate soon.
Darrell, do you work at night on your full time?
I work full time for the federal government and work from 7:30 am to 4 pm. I usually schedule my appointments after work or on the weekend. Depending on the clients situation, I may take the day off if they are buying.
Where are you located Darrell? I also work for a VA hospital and just got my RE license about 3 weeks ago.
Matthew Spaulding I work in Phoenix,AZ. For the Travel Nurse Corps
Anonymous I work as an admin for the Travel Nurse Corp. if you’re looking to travel then you could get in much faster with the Nurse Corps and still be a VA employee. From there you can apply for full time positions. But I’m doing Real Estate and wholesaling to supplement my income. I will also be investing and I have a rental property as well.
I'm working full time in logistics and I'm working parti time in real estate..I've closed on 4 homes but i want to grow quicker..
I think it all depends on what your financial situation is when you start.
Yep, that's why I said that at the beginning of the video.
Did you not watch the video? He clearly said that at the beginning of the video.
He already said that if you actually watched the video.
Amen
I wish I saw this video before I quit my job for real estate 🤯😭😭
One of my real estate classmates JUST told me the same thing. Do Not Quit my job right away...Thanks for this video. Thanks for your honesty.
I’m a little more than part time due to my full time job has a lot of flexibility. Real estate is hard because I don’t have a large sphere, however, being dual career allows me to build those connections with work associates and the people they know.
I have been going back and forward with going full time. I have finally decided that I'm going F/T. BUT I will say this, if you thinking about it, I do agree with Chastin. Keep your job, for at least a year. Learn the business, understand it will be tough. Its tough part time so imagine when this is all you got and its slow or nothing is working.. It can get crazy! SO save your money, learn learn learn! And check out Chastin's rental boss.. Its an extra tool.
You are so right. I quit my job to dedicate myself to be a real estate agent full time , and now I realized how hard it is,specially now that I’m new. Thanks for your honesty.
Chastain you always keeping it 💯❗That's why I love your channel. You're mentorship is truly a blessing for me. Looking through the peep hole from the outside compared to listening to you from the inside...priceless!!
I work full time... I'm a new agent. I have bills to pay... good video!
Thanks for this information!!! PT agents are made to feel as if they aren't doing the business justice because they haven't gone FT BUT the brokerages are not trying to offer compensation to keep you afloat. Shoot just to pay the monthly fees you need monthly income coming in.
Thanks for the advice... I adjusted my hours at my job to do my real estate part-time..look like i did the right thing !!
OMG! Thank you for this video. I see so many similarities in real estate and the tech industry (the industry I'm in). People tell me they hate their current job, want to quit, and go do web development right away. The money NEVER comes in right away but gurus have people convinced that quitting your job and just going through a course they sell is going to make a person a millionaire in a week. So wrong and misleading!
Is the tech industry worth it?
Great advice! Wish I had this video when I first got my license back in 2012. I was able to stay barely afloat for about 2-3yrs, and then eventually had to get a job FULL-TIME! Fast forward to 2019. I’ve decided to get back into the business and I’m taking my time now, asking as many questions as possible, and planning ahead.
How much did you make your first year?
Great Video! So true! I’ve been selling Real Estate for over 10 years and it takes at least a year or 2 to just find your niche in the industry!
Perfect timing for you to upload this video. I just passed national and state exam last week and I’ve been interviewing brokerages this week and they’ve attempted to convince me to quit my job and do real estate full time.
Trenton Fouché congrats👏👏👏👏👏👏
Trenton, I actually lost my job of 13 years 2 weeks ago. I've been procrastinating becoming an agent for that long and sitting at that job depressed and miserable. I saw my termination as God pushing me out there to finally do this. Let me know what you decide to do. I'm considering getting a night job since I'm looking anyways. I have degrees and stuff but I want happy in a cubicle. If I can find something that I truly enjoy, I'm willing to do evenings since my kids are grown. Best wishes to you
@@Krystalonthemove hello
Been a year since you added this comment but I’m just seeing it and wondered how it is still going for you a year later? Thanks!!
Hvacguy 1983 I was wondering the same thing. I’d love to hear what you did 🤗
I just passed the PSI and I am currently looking for a broker. I have been informing them that I will be looking to work part time. They seem to be ok with it which is a good thing in my situation.
I'm also an agent in Dallas and have had my license about 3 months. I appreciate your vids because I can relate to someone in my own market who has been through the new agent growing pains. Keep helping others man, I can say for myself you've really helped this newbie! If nothing else, just understanding that it will take time but it will pay off if I stay consistent. Until then, keeping the 9-5 lol
Ummmmm I quit my 6 figure corporate job to go into RE fulltime hahaha should I have watched this first? Haha
You'll be fine. Just hustle! You can do it!
@@ChastinJMileswhat do you think about my+plus leads? what lead source are you using now? thanks for sharing
@Dawn how did it go!!?
I had spent two days. a total of 9 hrs between research and many you tube videos and you are the only one to answer the question I needed and relieve that what if. Or if I could in the back of my head. This video is the best so for thank you
Really glad I found this video. I hate my job and plan on getting my license next year so I can get out of it and this video helped. Thank you.
Into the real estate crash and this will create a disaster for real estate agents. See The Bubble That Broke The BAnk.
@ 3:30 the screen blurs on auto- focus then he says “that’s why I try to be be so transparent with my videos...” I cracked so hard
I,m a new agent struggling so far, but being new at something always starts off rough. I think i I will be fine though. I'm doing real estate part time..
I work part time as a Realtor and full time For the VA Hospital. I am going on my second year of Real Estate and I must say that the first year was rough because it felt like a guessing game the entire year. Not much money came in that year. But once I hit the year mark, business took off and I am having trouble keeping my VA Job. LOL. Which is great because I plan to transition smoothly in to Real Estate soon.
Darrell Coleman Nice.. my brokerage wants me to work strictly rentals right now. It’s really killing me at this moment. I’ve been on so many viewings and have yet to convert a rental on my own.. I’m hoping it gets better for me soon
Nando Smith have you been able to do any open houses? I do rentals also but by choice. My brokerage laughs because it’s a slow process but it pays for my advertising. If you have a good amount of clients it will soon start to pay off.
Darrell Coleman No i have not been able to do any open house yet. They preach how you can use a rental as practice towards gaining sales.
Nando Smith are you doing advertising on social media? Do some walk throughs and video it without your client in the video. Unless you have permission from them before doing so. You’ll show your following that you are confident and active in Real Estate by doing so. The rentals will come quickly if you do. And hopefully you’ll get in to selling quickly.
I'm glad he explained the whole title. I'm only 19 with no debt and don't pay to live with my parents and make no payments. I was working full time for a year to save up and I recently am taking the course to get my real estate license. I hope my journey goes well and I'm glad it was cleared that I was okay with making this transition since I have money saved up and no bills to worry about.
Excellent video. I teach public school and do real estate and you are so right about the contacts and referrals that come from our already established network. Keep the videos of sound reasoning coming!
This video hit home for me.. That's The Real Stuff Right There... I feel you on this one... I'm learning on my own with help from my mentor, but no train do to my work schedule. All training is in the day when I'm at work... My current situation is moving really slow especially with holding a full time job. I actually have 2 Jobs. I also do the Video Work on the side as well.. Real Estate is my third. I'm learning on my own mainly from you and other RUclips favs. It is a slow moving process, but I am hosting an open house tomorrow looking for networking and more leads. I'm doing my part and going door knocking to invite the neighbors. There is so much to learn and I think its all apart of the process. I'm not worried about moving to fast, and I'm not giving up so its always a good thing to have multiple revenue streams. Never quit the job until your skills are up to par I agree.. I'm just being persistent and once the ball starts rolling in Real Estate then this will be a nice addition to my current services. I'm learning the game and it seams a lot of Realtor agents have multiple revenue streams. I appreciate you and all that you do. one day real soon, I plan to combine all my skill and put it all together and be just like you. Keep up the good work Mr Miles...
Thank you!! And cheers to your persistence! Everything will pay off
Chastin J. Miles thanks for the reply buddy means a lot..
Thank you! I was thinking about saving a years worth of expenses and then quitting my job to go full time into real estate but now I feel like I should still have those savings, do real estate part time and then quit my job once I have sold at least 5 listings
Sounds like a plan. :)
same !
I wish I would’ve seen this 4 months ago
Everything okay though?
I'll be part time when I start. I liked that one particular brokerage did NOT discourage this model. I have an established career that I enjoy, but have always looked at RE as additional stream of income/business to transition to later on when I hit my "ceiling". Other considerations one should think about include not just having regular savings, but saving up to be "self insured." When you leave a FT position with benefits, you leave medical/dental/ 401k, etc. This could be a factor for a person with children, on meds, other related issues.
Programs like Medishare Health plan, it's more like a cooperative health plan. It's a Christian organization that's been successful. From my understanding you pay for dr
Visits but if you go to hospital or get a chronic illness the plan kicks in & pays for your healthcare. So, in the end you pay are not sent large Bill's if you get cancer, etc. There's another plan, I can't remember the name of it. But people love both.
Thank u sooooo much Chastin for this video!!! I’m currently enrolled in classes now. Every agent I speak to says that you have to go full time. I have a nice career in the medical field and I’d like to do them both!!! Thanks for the encouragement!!! Also will there be a replay of the webinar???
You're authentic and so straight forward. I appreciate you making these videos the way you do that
I LOVE THIS GUY. Great advice man. I thought the same. I have a 2 shift job and plan to build my career slowly until I can quit. This makes me inspired.
You’re the best for blk realtor content ! Positive and encouraging! Thank you for this honest advice.
I appreciate that!
Thank god my 9-5 is at a Property Management Firm that will allow me to transition into the Real Estate field smoothly! 🙌🏽 Leasing Agent coming soon! 💪🏽 Salary + Commission! Awesome channel!!
You’ll want to really watch that. I’ve been in property management for 4 years now and a lot of companies will let you go if you get your license because of a conflict of interest
I have a full time job and do a little side hustle here and there. I’m ~20k in debt, but I have no kids and have my strong mind to over this this
Just stumbled upon your channel, doing all of my research for my transition into real estate. I just love the raw honesty! Great content, thanks for sharing your experience!
Thank you!
At first, I came to this video like what don’t quit my job and go into real estate?? 🙄 But you gave some very good advice… Thank you very much. ☺️
Thanks..you are so right. I take my test Tuesday 😲😲😲
Ke'sha Shaw good luck!
Ke'sha Shaw good luck girl! You got it!
Good luck!!
Finally somebody who speaks honesty. Glad to found you online! I completely agree with you. It is possible to succeed as a part time realtor as long as you are willing to pay the price (effort and dedication outside your regular full time job). I’ve been considering becoming realtor for several years but everybody says I have to go full time or they say “there are too many realtors out there”. I have had a great career in finance and accounting in corporate America but I love the flexibility of real estate. But since my salary is the only money coming into my house to support my family (5 in total) I can’t afford whiting my job. You really motivated me!!!! Stay in touch
Great head on your shoulders and continue to make smart decisions. Thank you for watching and for your support. Let me know if there's any way I can help!
I’m glad I found this channel. You are the MEN. Thanks a lot God bless you always. 🤝
I'm full time now but I started as a full time agent and part time employee so I can keep my benefits (health insurance is expensive). It wasn't until I had too many call offs at work that I decided to quit my job about 6 months ago and that's about a year after doing it. Everytime I was at work though I always prospected my coworkers.
I got my license last year and have been a referral associate with not much happening. I'm in the process of interviewing a different brokerage and becoming a part-time realtor while I keep my full-time job. I am a hard worker and will door knock, phone call, and do what I have to do to get listings. Love you Chastin and your channel. I have signed up for the industry power players network and can't wait to dig in.
I'm studying for the exam. Your videos are very helpful, thank you.
Oops, already did 😂
Donald Klockenga I think you’ll be better in the long run if you go all in
I'm only 19 and have $15k saved up so I think I'll be okay, just left a decent paying job but they were taking advantage of my skills
Oh yeah, you should be fine to go all in.
@@iaskaterwhos12 how’s it going what has happened?
Actually, it's amazing how many brokers encourage their new agents to do just that knowing that there is a high percentage that will not stay in the business. I think a good broker should have a transition program for new agents to follow to help them transition into a commission based career. Great video!
That's a great idea!
thank you for sharing... love all the info. Im in a the process to get my license
Good advice! Won't be quitting my job then haha
Yes, gotta pay the bills first. Thanks for watching!
Part-time. Great video.
Thank you!
I will be doing that soon too because I can’t afford to leave my job right now
Yeah be smart about it.
I'm thinking of becoming a realtor...
Hey Chastin, big fan and supporter of your channel bro! Great content. I'm currently a part time Realtor here in Houston and this video is the real! I'm working hard trying to bridge the gaps and learn the ropes. Thank you for your transparency
Thanks for watching!
I got into the business while on unemployment so I had an income of about 750 weekly.
That's a story to tell!!!
I would disagree if you actually want to be successful. The power of broke every morning drove me and provided me with the hustle to HAVE to succeed. I worked my a** off every day to get out of that hole and now I am a successful agent. Every part timer I see can't quickly go meet a client to make a 10k Pay check because they are too busy working a shift to pay the rent. I do understand that you are helping out the people with no plans so I applaud you for that. Realtor is not a job you are an entrepreneur and you have to think of it this way. Your brokerage is not your boss and they are not responsible for giving you money. It's all up to the individual. Amazing channel man keep helping people out! Cheers. Jeff
Thanks for your perspective and comment Jeff!
Basically once you hv a sphere of clients and bust your butt daily n then quit your other job. Got it
Thanks for watching!
Well summarized, Regards South Africa 🇿🇦.
Definitely need to hear this. Thinking of getting my license but don’t have months saved and working full time. Thank you for this valuable information.
I just passed my test, I'm getting interviews today with brokers. I will Loooooove to quit my job to do this but I'm aware of the risk so I'm gonna start part time
Set a for sure date that you will quit.
@@ChastinJMiles Thanks. I just wanna secure some income b4 quitting my 19year job
Hi, I am a newbie agent an I feel completely lost.... I have been watching your videos. By the way, thank you so much for all this info. I am here in Florida, an I don't know where to start, I don't know what to look an a company to sign with. Any recommendations? Thank you again. 🙏
Am in class now 2nd week in Chastin! Already am sweating.lol but for real am sweating very challenging. I thought I knew something coming from leasing boy was I wrong. Pushing through.
Keep pushing!!
FirstLady Allen Did u finish the course?
Isabelfrossst I have two more tiers to go. Hopefully by mid November. Thanks for asking.
Full time
i have to be grateful for my pt's and rly focus on my business. thanks for the vid bro
You're most welcome, Allen.
He is right!
Thank you!!! I was so torn on the subject!!!!
My pleasure!
Thanks for the information! I’ve been working on my transition. I live on the border of Kansas ans MIssouri so I went ahead and worked on getting both of my licenses. I got Kansas in July and on Dec 5, 2020 passed my MIssouri test and just waiting on my application to go through MREC for approval. I still have full time job. You are right you need money to get though all the testing and the classes and licensing fees. My goal is to really ramp up my advertising Q1 of 2021 ones I have all my licenses and If I sell at least 3 houses by the end of March, then I’ll go go full -time. The Kansas City Market is tough though! Houses sell really really fast.
Awesome! I am happy to help. Thanks for watching.
If you want a cushion, save for a year or year and a half! Six months might be cutting it too close.
Question?
1. Did you Quit your job?
2. What was your experience?
3. After you got your license, what was your schedule like M-F
4. The first 90days. What were you doing to survive in this business?
I'll do a video addressing all of these questions.
This video is what I just needed. Thank you!
Thanks for watching!
I have a full time
7-3:30 but I have tons of spare time during my job
Mon-Fri
Great video! I will definately apply this advice.
Chastin Miles, I will soon begin a career in real estate, and I have a good amount of money saved up. Right now I am a full time server at an upscale restaurant where I actually make decent money. I only work from 4pm-11pm, or 5pm-11pm. The brokerage where I plan on working is just down the street from my current job. My question is, do you think I would be able to continue working my current job while starting in real estate?
It is possible. You will have to work hard and stay organized. Your savings will be important as well as patience. Hope this helps. Thanks for watching.
Wow. I got an offer for a full time job that isn’t ultimately what I do but I’m going to accept the offer today to have that cushion before I get my license and really get into the field! Thanks Chastin!
Thanks for watching! Let me know if I can help you in any way.
College grad here with just enough money for education, classes, and licensing. Living at home due to picking the wrong major. There's no way I can dive right into this career with little to no financial backing? My plan was to become a realtor or brokerage assistant until I finish studying and take my test (hopefully getting relevant experience) and then start generating leads by any means necessary. Cold calls, door 2 door, whatever it takes I am hungry. I am looking to make this my rags 2 riches career, but if you suggest to start with some funds, what's the minimum you recommend for the first month / first year?
At least 3 months worth.
So I live in Dallas and I work a full time job but I only work 15 days a month. I would like to increase my income and could sell sugar to a diabetic. Any extra advice I would appreciate
Are you in real estate?
I love you videos... they are very valuable to me. How do you speak to the camera so smoothly? Are you using a teleprompter? I’d like to get better making videos. I’m a Realtor in south Florida.
No I don't use a teleprompter, I tried that once and sucked! Basically I make a bullet point list of the things I want to talk about then I just talk from my mind.
I have two jobs during the day and part time over night so I'll be getting my real estate license in March 2021 so I'll be training in between my jobs and off days.
Nice! Best of luck to you.
I ABSOLUTELY LOVE THIS VID! I was exactly the person your are referring to. Im got my RE License in 2016 I immediately quit my Full time Hospital Administration job and by the next year I couldnt afford to even pay for my Continuing Ed or my fees to renew. Long story short I lost my RE Licence and have so many regrets. Im now contemplating getting back into and I God for you and your wisdom. God Bless You!
Thanks for watching!!
Simple fix. Save some operating cash like you would for any business that your starting then start PART TIME. Other then the test, real estate has a very low barrier to entrance. No need to watch this video.
Something I realized is that everyone does understand business owner talk and not everyone has been groomed to be an entrepreneur right off the bat. It's more than that, in my opinion.
Chastin, you are really telling it like it is. I would not quit my job at Bell until I could retire from it after 31 years. I realized years ago when I first got my license that you have to be in a financial position where it doesn't matter whether you sell or not.
I just came across your videos on youtube and it was very helpful. I just have a question for you. I feel stuck right now. I am working fulltime at the moment and I just became a Real Estate Agent in Oct 2018. I have not had any real estate deals yet but I am just dont know where do start getting leads.
Since you are working fulltime, I would suggest just using some of your income to buy leads. It's an easy way to get some.
I just wanted to share that I have been contemplating this RS move for years and I finally decided go do the relevant research and preparedness, this video was particularly encouraging for my current situation. Great content all around!
Hey, I’m a realtor in the Atlanta area and I’m trying to crack into the luxury market. What can be some tips for a young black male like yourself to give?
Learn the market. That's the biggest tip
Hey chastin if I were to operate as a solo agent, how would I go about getting official listing agreement for clients to sign? As well as other documents like CMA without a brokerage?
In Texas, our listing agreements are provided by the Real Estate Commission. CMA's can be generated in our MLS system.
I currently work in title, so keeping my job and working as an agent is a conflict of interest.
Are there any jobs in real estate that I could do while working as an agent?
I have been thinking about a transaction coordinator.
I make pretty good money in title. I would like to make the same whole I'm beginning real estate, as I need to pay bills.
Any suggestions?
Yeah transaction coordinators are great jobs that you could do. Many of us need them. Especially if you already have the experience with the contracts.
As a lawyer in ny I get my license just by paying the fee. I plan on doing it part time on weekends bc I am so sick of being in my apartment doing nothing during the weekends I don't have my daughter.
Nice!
Yeah I quit my full time job but took a part time job to do real estate
How's it going?
I’m a full time realtor too!
Hey Chastin, I know you mentioned something about college which caught my attention. I’m currently going to school to get an engineering degree, but my main goal is to be a realtor and have my own brokerage someday. The degree will kind of be like a back up plan. I work a full time job, 11pm-7am and go to school during the day. I’m taking this semester off to finally (for the second time) finish my real estate licensing class. Is there any advice that you can give us clueless college students? Am I jumping the gun?
Honestly, that's a packed schedule! I would do things in moderation. You don't want your license to go to waste because you're too busy.
Plan on transitioning into fulltime. I already work part time.
Wow!! Thank you so much for this!! I'm planning on getting my license but was a little skeptical because everyone I come across tells me that I have to "dive" in and do it full time and how I cant work fulltime and do RE part time..
I'm going to do a video on this. I've been getting lots of questions on this.
Great video and you are truly a inspiration. I’m a Hvac technician and plan to transition into real estate. How can I use my HVAC contacts. I think they will always look at me as a Technichian
Good question! They will see you as as someone they can trust. Your HVAC contacts are great contacts to have, definitely use them! Be confident in yourself, your new career, and they will be confident in you.
I quit my job for real estate 🥲 I have like two weeks and didn’t know so many fees I have to pay and no money results
Yeah a lot of people don't know about all of the fees. I did a video on them because I want to put that information out there.
Taking my time learning the business