Thinking about a mid-life career change? If you’re tired of the job you’ve had for the past twenty years or so, consider going into real estate. Real estate is one of the best career paths to transition to when you’re ready to make the switch due to its flexibility, freedom, and the fact that you don’t need a specific background to dive right in. All you need to do is get your real estate license.
For aspiring real estate agents in Texas who are wanting to make the switch, you’re not alone. According to the Texas Association of REALTORS®, the median age for a Realtor or real estate agent in Texas is 52, and only 3% reported that real estate was their first career. With these numbers, it’s safe to say there’s no better time to jump into real estate than now.
What is a real estate agent's schedule like?
Whether you have kids or you’re an empty nester, the typical 9-5 office schedule may not be what you’re looking for anymore. Now that the kids are older or out of the house, you likely don’t need to be home on evenings and weekends as often. Getting your real estate license is the perfect opportunity to create a schedule that best fits your lifestyle.
How risky is it to become a real estate agent?
At this stage in your career, you’ve probably already had a stable job and a steady income. This is especially helpful when embarking on your first year in real estate. If you’ve already built a career and have savings or a steady stream of income, you have a lot more to rely on when you’re starting out. Rather than jumping in at the beginning of your career, before you’ve made an income or have experience with money, you can be more financially prepared and knowledgeable when you switch to real estate at this time in your life.
What are the background requirements to be a real estate agent?
While real estate relies heavily on sales skills, there are many other qualifications that can lead to a successful career in the industry. If you’re thinking about making the switch to real estate, don’t fret if your career thus far has not been in sales. Real estate combines a number of skills: sales, marketing, finance, communication, and customer service. As a real estate agent, many of the skills you’ve mastered over the years can be seamlessly transferred into your new career, and those you don’t have can be easily learned. The career you’ve built will be put to good use as an agent!
How does a career in real estate affect your social life?
Once you’re in your 40s and 50s, meeting new people can be harder to do. At this stage in life you’ve already met the neighbors, parents, and your coworkers -- now it’s time to shake up your social circle. If you’re a social person and love meeting new people, it may be time to think about getting your real estate license. From buyers to sellers to fellow agents, real estate agents meet countless people each week. By getting to know other agents and spending plenty of time with your clients, you’re bound to form lasting relationships for the next chapter of your life.
So, why is real estate the best choice for a mid-life career change?
- It gives you a more flexible schedule
- You have the experience necessary to start a new career responsibly and minimize risk
- It doesn't require you to have a specific background
- It allows you to meet new people and continue to develop your social skills