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Question:

Any Moms who are Real Estate Agents?

My husband was making enough money before but now he has to hire a lawyer so that he can visit his daughter (mom is trying to get rid of him but he feels it is his obligation to have a relationship with his daughter). Anyway, we have a 5 month old and a 3 yr old and I wish that I could contribute money to the family somehow without putting my kids in daycare. What do you all thinkabotu becoming a real estate agent. We live in NJ and would need about $10,000-$20,000 extra year.

Answer:

I am an agent in NJ...I have a 5 month old and being able to stay home is great... Here is an example of how to realistically see if you can make money: If you sell 3 houses in 1 year that average $300,000.00 each with a 6% commission, you would make $13,500 before taxes (on those 3 total). You would receive 1/2 of 3%. This is because a real estate agency may take half of your commission (but not all do, so chose wisely). Also you have to pay yearly fees and MLS fees to hold your license. Try to remember that the market is tough right now and you may have to bust you *** a bit to sell a home. I can give you more info if you are interested. It can be a great avenue to a wonderful career just don't expect too much and best of luck!
i have a friend that obtained her license and tried to get into the field. she found out that there is no good money involved so she decided to go back to school to become a nurse. now she happy.also since u asking for 10000-20000 more a year you could probably make that.
Too many hours to have to work to make any money in it. My personal opinion and experience. I would start a day care in your home you could make 300-400 a week doing that and still be with your kids. momof4
You're okorder A home based business is probably better than real estate.
Being a real estate agent can be real intense sometimes. You are often at the mercy of your clients and their schedules. I have heard that it can a great part-time job with some built-in flexibility for moms, but now that I am going on year two in the business, I understand that it has taken a lot of hard work and time to get where I am, averaging about 1 sale per month (about $20k-$30k per year after write-offs). I feel your optimism, though, as I am now 9 weeks pregnant with my first, hoping that I can still maintain (or better yet, increase) my business in real estate. I can certainly accomplish a lot from home, but I am most productive when I'm out in the field. Good luck!

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