Hi Everyone,

I am considering a career change and have a few questions about RE.

First let me say that I would have to start off part-time. Yes, I have read the debates over PT vs. FT. But my job is extremely flexible so I think I can do it. Will PT work be a problem with brokers?

Flexibility-I would like to be able to drop my daughter off at school, possibly pick her up, and go to important school functions. What do you guys think, is this possible?

Is there age or sex discrimination within the industry?
My plan is to retire from RE, so I don't want to worry about this issue as I age.

I don't know anyone in RE. Will that be a problem for a newbie? Is it an industry based heavily on personal connections?

How is new technology affecting jobs?
Currently, technology is making my job obsolete.

Lastly, should I go for a broker or sales license? I have a BA degree.


Thanks, any advice is welcomed.
Btw, I live in So. Calif.

Hello,

You are making a right decision, if you put all your effort into it. You would be a independent contractor, therefore, your earnings depend on your input. If you can only work PT, thats your choice and you will have to find a broker to accomidate you. Flexibility, is also in your hands. You are not paid W2 or hourly so your time is yours, to work or do other functions. Discrimination is a Giant issue, fines, prison, ect. The problem is, brining a discrimination case up. Such as if you apply and apply and apply, being elderly, how are you to prove the discrimination. A tough one. But no, they should NOT discriminate. Some of the best agents are minorities, elderly ect...The problem for the newbie, is to obtain clients. Are you looking to represent the buyer or seller? Each broker you interview with, ask them how they set up leads, up desk, referrals ect. Most new agents, start with nothing and are expected to have 6-12 months of reserves to live off. Technology is not much more than your posting on here. If you can type and use a PC, you will be fine. A laptop and a cell phone are a must. Your last question, you must have your license for 2 years before you can become a broker. I am also in So. Cal, in La Palma. We are a retail direct lender. We pay well, have excellent rates, and we have 20 years in the business. Our turn times are supurb, immediate pre-approvals, and 24-48 hour full lenders approval. We offer FHA, and Conventional loans. If you would like any information, please contact me. Thank you,

Chris Gummerson
Bay Valley Mortgage Group
714-367-5126
chrisg@pacbaylending.com
bayvalleymortgage.com

Thanks for you advice, Baja.