Do NOT Quit Your Job For Real Estate
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- čas přidán 7. 08. 2024
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Chastin J. Miles is a licensed TX real estate agent with eXp Realty
➡️ Join Me at eXp partnerwithcjm.com
#realestate #realtor #realestateagent #realestateinvestor #realestateinvesting #realtorlife #realestatesales #business #businessowner #salestips #sales
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'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 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 CZcams 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
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.
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 wish I saw this video before I quit my job for real estate 🤯😭😭
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.
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.
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 work full time... I'm a new agent. I have bills to pay... good video!
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 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.
@@adriannamarie1401 well im ok with him saying it again because i never notice when he said it...u kind of see that big ass title and u got that on ur head
Amen
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?
You're authentic and so straight forward. I appreciate you making these videos the way you do that
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 !!
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.
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!
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.
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!
thank you for sharing... love all the info. Im in a the process to get my license
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 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!
You’re the best for blk realtor content ! Positive and encouraging! Thank you for this honest advice.
I appreciate that!
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
Great video! I will definately apply this advice.
This is exactly what I’ve been looking for. Thank you 😭
Part-time. Great video.
Thank you!
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!
so great content, thanks for sharing!
@ 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
Always keeping it real regardless of the Ugly Truth! Notification Gang! 🔔🔔🔔
Appreciate that!
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???
Glad I found your videos. I appreciate your honesty and sound advice. Keep it up. I can see you doing extremely well in any field you venture into based on who you are as a person.
Thank you for your support!
Great info. Thanks
This is very helpful thank you!
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?
Thank you!!! I was so torn on the subject!!!!
My pleasure!
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.
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 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 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.
Great .. thanks
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’m glad I found this channel. You are the MEN. Thanks a lot God bless you always. 🤝
I'm studying for the exam. Your videos are very helpful, thank you.
really like your vids, give good insight and advice, keep up the good work Chastin
Thank you for watching!
I just love ur channel. I just subscribed
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.
Thank you for keeping your videos honest!
Absolutely. Thank you for watching!
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 have to be grateful for my pt's and rly focus on my business. thanks for the vid bro
You're most welcome, Allen.
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 CZcams 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..
This video is what I just needed. Thank you!
Thanks for watching!
This is helpful
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!
Taking my time learning the business
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. ☺️
Well summarized, Regards South Africa 🇿🇦.
This really put my mind at ease. Thank you!
Glad it was helpful!
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.
So helpful and encouraging. Thanks, Chastin ;)
Glad it was helpful!
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.
😂😂😂😂
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
thank you much needed information
Thanks for watching!
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 am currently teaching and looking to have my real estate license by January. I plan to work in real estate for 6-8 months and then transition to full time when summer break is over. I have been wondering if this is a smart plan but this video really has answered that question for me. Great info, man!!! Thank you!!!
@Claudia Gonzalez so just to update you, I left teaching to move closer to central Kentucky where there’s more opportunity for real estate and other careers. I am still part time as an agent but will be moving to full time in the next 6-8 months...maybe sooner. Teaching is ideal!!! Use your summer break and weekends to hustle. Also, be the school real estate agent. You have A TON of people that will buy from you and you work in the same building as them!!! (Ex. Other teachers, administrators, kitchen staff, bus drivers, board of education, etc) and all of those people know 5-6 people that can/will buy or sell. Really nurture those relationships and they will keep you busy and you may find yourself going full time!!!
Great info sir!
Thank you!
All very true!!!
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.
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!!
I’m a full time realtor too!
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.
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.
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!!
Thank you big time from Washington!
Appreciate you for watching!
Sound advice 💯
Thanks. Let me know if I can help you in any way.
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. 🙏
Currently in the military working on getting my license and starting out full time and hopefully in a few years pursue full time once my contract is over great advice
Thanks for watching
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.
Good advice! Won't be quitting my job then haha
Yes, gotta pay the bills first. Thanks for watching!
He is right!
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.
BRO YOU THE BEST
Thank you!
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
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!
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,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.
You are telling the ppl the Truth! Go Brother. 😊
Always!
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 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 have a full time
7-3:30 but I have tons of spare time during my job
Mon-Fri
Hey Chastin I was wondering what made you want to get into the real estate game?
The lady that was helping me and my buddies find a rental property told me how much money she was going to make off of us, then I decided I wanted to become a real estate agent.
Thinking about getting a Real Estate License. I have a good background with residential and commercial architecture and HVAC as that has been a main aspect of my life for the past 30 years. Getting burned out doing the same thing so looking for something to transition into.
That’s crazy I also do HVAC on Scofield barracks. Leaning towards starting online license soon. How’s it going for you ?
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.
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.
Plan on transitioning into fulltime. I already work part time.