How to Start Working Real Estate in Your Pajamas (2024)

Here are some tips to start working real estate from home in your pajamas.

Before 2020, many people in the United States were already working from home. Now, others have been forced to explore this option.

One of the industries that makes it easy to work from home is real estate.

How to Start Working Real Estate in Your Pajamas (1)

Table of Contents

Getting Started with Working Real Estate from Home

Even though you are working from home, you still need to have the mindset of a professional.

This means that you also need to acquire the credentials that go with it like a license.

There are of course a few real estate license requirements you need to fulfill first.

Exact licensing requirements vary by state.

Check your state’s website for the most current information.

Then, start studying.

Before you take the real estate exam, you have to fulfill a certain number of hours of pre-license education. You also must possess at least a high school diploma.

Building a Consumer Base

While you are studying, you can start building a consumer base.

Your success as a real estate professional is going to depend on who you know.

You do not have to build the largest consumer base, but you do need to build a Rolodex of motivated buyers and sellers.

Go online at home and find out if there are real estate networking groups for professionals in your area.

The Chamber of Commerce is a good start.

Do some research on the real estate market in your area, too. You can begin to understand what is motivating the buying and selling around you.

Set Up Your Home Office

Someone who wants to work from home has to possess an entrepreneur’s mindset. Even though you are going to run your real estate business from your home, you have to remember that you are working. So, you’ll want to make sure that you set up your home office.

Here are great tips and products to make your home office perfect.

A reliable computer, internet connection and printer are a good start.

You are also going to need a solid consumer relationship management program.

The number of CRMs available for purchase online seems endless.

You can narrow down your options by setting up a budget, looking up the ones that focus on the needs of real estate professionals and your familiarity with the software.

Embrace Video and Social Media Marketing

Video is the most powerful marketing tool these days for any industry, especially for working real estate. So get comfortable and confident with the camera. Here are some great on camera tips from experts.

Use videos to market your business, sell homes and make money online.

Since most people don’t have a big attention span, it’s best to keep the videos short and sweet.

Also, social media marketing is essential these days. You can use Facebook ads, learn Pinterest and use YouTube to post your videos.

Social media advertising is an awesome way to get your real estate listings in front of your target audience and community.

Start a Real Estate Blog

Another great way to stand out from other realtors is by starting a real estate blog of your own.

You can reach a bigger audience through your blog.

Make your blog posts relevant and SEO optimized to rank on Google.

SEO stands for search engine optimization and without that, your blog posts are useless for Google.

Here are the essential SEO tips you need!

It’s so easy and affordable to start a blog these days.

Make sure you have a great email marketing service like this or better yet, invest in one-stop-shop business platform like I do here.

You will also need a beautiful theme and here are some nice options for you.

For your accounting needs, try this for free here.

Here are some moreblogging tools and resources I personally use to run my six-figure blog.

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Make your blog posts evergreen and helpful for years to come!

Write blog posts that would be helpful for sellers and buyers from a real estate perspective.

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Use Legal Contracts to Protect You

Obviously, you are going to use legal contracts to protect you as a real estate agent.

You are going to need a buyer and seller contract depending on who you are representing.

But aside from that, you will also need additional legal contracts such as:

  • A Freelance Contract to hire freelancers or independent contractors to help you. This could be your real estate virtual assistant working from home helping you with your business. Learn more here.
  • A Confidentiality Agreement that you’d use with any freelancer you hire or anyone you share your real estate business information with. This legal contract protects your business information from being stolen or misused and also prevents the other person from becoming your competitor! Learn more here.
  • A Media Release Agreement that you’d use to release you from legal liability in situations where you are going to use someone else’s name, photo, video, etc in your business promotions. Learn more about this agreement in this post.

Check out the complete list of legal contracts in my online store here.

As a business lawyer, I have worked with thousands of entrepreneurs in all different niches so let’s talk if you need help starting or running your business legally!

Need something custom made for your real estate business then set up a 30 minutes call with me here.

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Final Thoughts: Working Real Estate From Home

Working real estate in your pajamas is very much possible.

Preparing for the venture, getting licensed, embracing video and social media marketing, setting up your home office, starting a real estate blog, and finally protecting yourself with the right legal contracts in place will put you in a position to succeed.

Are you ready to start your own business from home? Learn more about how to protect yourself and your business legally with my free legal guide!

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How to Start Working Real Estate in Your Pajamas (2024)

FAQs

How to be successful in your first year as a real estate agent? ›

5 Real Estate Tips for New Agents
  1. Have a Goal. Real estate expert Chris Heller recommends that all new agents start with a goal. ...
  2. Create a Daily Schedule. ...
  3. Find the Right Mentors. ...
  4. Work Daily to Build Client Relationships. ...
  5. Ramp Up Your Marketing Efforts.
Mar 4, 2024

How to make six figures your first year in real estate? ›

How to make 6 Figures in Real Estate – The Top 11 Tips
  1. Outsource As Much As Possible.
  2. Build a Strong Team of Professionals to Help You Grow Your Business.
  3. Get Educated on Real Estate Investing.
  4. Create Multiple Sources of Income.
  5. Focus on Building Relationships With Past and Current Clients.
Mar 29, 2022

How do you make yourself stand out in real estate? ›

7 Ways to Stand Out as a Real Estate Agent
  1. Choose a Specialty. ...
  2. Establish a Professional Online Presence. ...
  3. Be Highly Responsive. ...
  4. Become a Great Communicator. ...
  5. Work On Your First Impression. ...
  6. Offer Something Your Competition Doesn't. ...
  7. Invest in Networking. ...
  8. Build a Reputation For Quality.
Apr 10, 2024

Is it hard starting out in real estate? ›

Key Takeaways. Working as a real estate agent or broker can be fulfilling and financially rewarding, but it's not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.

What do most realtors make their first year? ›

Top examples of these roles include: Real Estate Partner, Entry Level Commercial Real Estate Agent, and Work From Home Reo Real Estate. Importantly, all of these jobs are paid between $24,433 (30.6%) and $28,167 (35.3%) more than the average First Year Real Estate Agent salary of $79,753.

What is the best age to start a real estate career? ›

But it's the advantages of being in your 30s and 40s — the ability to secure credit, the professional influence, a work experience that can reduce the small-business learning curve — that makes starting a real estate career at this time an often perfect choice. This all depends on what your exact financial goals are.

Is it hard to make 100k as a realtor? ›

Making $100,000 as a real estate agent is definitely possible. However, it's not going to be easy. You'll need to identify the right work and do the work to make six figures in this industry. But if you're willing to do what it takes, you can definitely achieve your goals.

How to make $100k as a realtor? ›

How to Earn $100k in Your First Year as a New Real Estate Agent
  1. Make 20-30 Contacts a Day. Prospecting is an important part of success in the real estate industry. ...
  2. Hire a Coach. ...
  3. Be Coachable. ...
  4. Learn Scripts. ...
  5. Create A Business Plan. ...
  6. Buy Leads. ...
  7. Surround Yourself With Top Producers. ...
  8. Stay Focused on Your Goal.

Why is the first year of real estate the hardest? ›

Perhaps the biggest challenge you'll face in your first year as a real estate agent is fear of rejection. Unfortunately, there's no way to sugarcoat this: You're going to hear the word “no” a lot as a real estate agent. Get comfortable with it.

What is the 1 rule in real estate? ›

The 1% rule of real estate investing measures the price of an investment property against the gross income it can generate. For a potential investment to pass the 1% rule, its monthly rent must equal at least 1% of the purchase price.

What scares a real estate agent the most? ›

1) Fear of rejection.

This is often the first thing to come to mind when realtors are asked to share their biggest fear, especially for those agents who are new to the industry. It's a scary thing to put yourself out there—to go door-knocking or cold-calling.

What is the most profitable position in real estate? ›

The highest-paying real estate job is typically the role of a Real Estate Development Manager. Real Estate Development Managers are responsible for overseeing large-scale development projects, managing budgets, negotiating deals, and ensuring successful project completion.

What are buzz words in real estate? ›

100 Real Estate Words That Sell
  • alluring.
  • architecture / architectural.
  • attention-to-detail.
  • beamed ceilings (wood)
  • beautiful.
  • brand new.
  • breathtaking.
  • bright.

Is 30 too late to start real estate? ›

In conclusion, it's never too late to start investing in real estate. Regardless of your age or stage in life, real estate investing can provide you or your business with opportunities for financial growth and security.

What is the hardest part of being a real estate agent? ›

1. Uncertainty about real estate market. This is perhaps one of the biggest uncertainties realtors have to deal with on a daily basis. Every realtor is worried about not being able to sell their properties and how it will affect his or her commissions at the end of the month.

Is the first year of real estate the hardest? ›

So don't expect your first year to be easy. The first year will be one of the most challenging years of your career in real estate, particularly if you don't have mentors who can help. Your first year might not meet all your initial expectations. Additionally, you may not achieve monumental financial success.

How to survive as a new real estate agent? ›

Follow these 15 tips for new real estate agents that can help you succeed in your career:
  1. Understand the licensing requirements. ...
  2. Market yourself in your area. ...
  3. Track your personal and business expenses. ...
  4. Manage your time. ...
  5. Develop a marketing plan. ...
  6. Choose a brokerage. ...
  7. Find a mentor. ...
  8. Grow your network.
Jul 18, 2023

How long does it take to succeed as a real estate agent? ›

Whether you are an independent real estate agent or working for a larger firm, the road to success may take a little bit of time. But exactly how long does it take to become successful in real estate? It can take anywhere from six months to several years of continuous hard work to build a successful business.

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