Real estate agents are often seen as the go-to professionals when buying or selling a home, but their role extends far beyond just opening doors and negotiating deals. If you've ever wondered what real estate agents do, how they earn a living, or whether it’s a good career (or side hustle), this blog has you covered!
What Do Real Estate Agents Do?
Real estate agents help clients buy, sell, and sometimes rent properties. Their day-to-day tasks can include:
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Listing homes for sale and marketing them to attract buyers.
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Helping buyers find properties that fit their needs and budget.
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Negotiating contracts and handling paperwork.
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Guiding clients through inspections, appraisals, and closing processes.
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Staying up to date on market trends to provide expert advice.
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Networking with lenders, home inspectors, and other professionals to assist clients.
It’s a job that requires a mix of market knowledge, people skills, and business savvy.
Are Real Estate Agents in Demand?
Absolutely! The real estate market is always moving—people are constantly buying, selling, and investing in properties. While demand can fluctuate based on the economy, real estate agents are consistently needed to help navigate the complex world of homeownership. Plus, as populations grow and housing markets expand, there’s always an opportunity for skilled agents to thrive.
How Do Real Estate Agents Make Money?
Real estate agents primarily earn income through commissions. When an agent helps sell a home, they typically receive a percentage of the final sale price. This commission is usually split between the buyer’s and seller’s agents, as well as their brokerages.
For example, if a home sells for $500,000 with a 5% commission, that $25,000 is divided between agents and brokers. While commissions can be lucrative, real estate agents are independent contractors, meaning they don’t receive a salary and only get paid when deals close.
Can Real Estate Agents Work Part-Time? Is It a Good Side Hustle?
Yes, real estate can be a part-time career, but success depends on how much time and effort you invest. Many agents start part-time while keeping another job, especially when building their client base. However, real estate is highly competitive, and clients expect availability, so balancing a full-time job with real estate can be challenging. If you’re looking for a flexible side hustle, be prepared to dedicate time to learning, networking, and handling transactions efficiently.
Can Real Estate Agents Have Tattoos?
Absolutely! The days of strict professional dress codes are fading, and many real estate agents successfully build their careers while sporting tattoos. While it’s important to maintain a professional image, personality and authenticity can be a selling point in this industry. If you work in a more traditional market, covering up might be preferred in certain situations, but in most cases, clients care more about your expertise and service than your ink.
Can Real Estate Agents Wholesale?
Yes, but with some restrictions. Wholesaling involves finding a property, securing it under contract, and selling that contract to an investor for a profit. In many states, you don’t need a real estate license to wholesale, but licensed agents must follow stricter disclosure and ethical guidelines. If you're a licensed agent considering wholesaling, check with your state's real estate commission to ensure compliance.
Can Real Estate Agents Help Find Rentals?
Yes! While most agents focus on buying and selling homes, many also assist with rental properties. Some landlords list their rental homes through agents, and renters often seek agent assistance to find the best deals. In some markets, agents can earn commissions or flat fees for helping clients secure rental agreements.
Final Thoughts
Real estate is a dynamic and rewarding career with many paths to success. Whether you're looking for a full-time profession, a side hustle, or just curious about the industry, understanding what real estate agents do and how they make money can help you decide if it’s the right fit. If you have questions about getting started in real estate, reach out—we’re always happy to help!
