Real Estate Professional forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Are there too many part-timers in the real estate game?

Notify me of new replies via email
Real Estate Professional | 06 Nov 2015, 08:15 AM Agree 0
The number of real estate agents has exploded in recent years – thanks in large part to an influx of part-timers. But are these part-time agents helping the industry or hurting it?
  • | 06 Nov 2015, 12:48 PM Agree 0
    It is just a redecluce accusations, I am full timer but Part-timer's do provided same service as long as they are up front with thire client that they are working the industry as Part-timer's.
  • B. Smith | 06 Nov 2015, 12:50 PM Agree 0
    I am part time now in my latter part of working and I give my clients the same professional service I did when I was in it full time for years. Only difference now is I am away in the winter for some months but even then only a phone call away from anyone who needs me. Our market is quiet in the winter months and I always have a qualified agent ready to take care of their needs if it is something I can't resolve from where I am. With technology now many people are working from different areas and still giving their clients full time service while they are dealing with them. Many older realtors are still wanting to be in the business but only want to take care of their data base and not actively go out looking for new clients. Yet our clients keep coming back to us because they know the level of service we provide. |the old saying about walking in someone else's shoes applies here as we don't always know the reasons behind why someone else chooses to only do this part-time.
  • Keith Braun | 06 Nov 2015, 12:51 PM Agree 0
    I rarely participate in online discussions..... I'm far too busy tending to the needs of my clients and my Real Estate business! ! With that said, this is a post worth replying to. I've been selling Real Estate for 18 years now. Previously I was a Paramedic for 14 years and when I chose to pursue a career in Real Estate, I hung up my stethoscope understanding that this career was going to require ALL of my attention to both my clients and the steep learning curve ahead. This step of faith was difficult only in that I was leaving the security of a civic job to being self employed. It was not a difficult decision in knowing that it was absolutely required to be competent in my new career and provide the level of service that my clients would require and deserve. In the last 18 years I can honestly say that I can pick out a part-time Realtor from a mile away. They are not at all available, and when they are, they do not display the level of competence that a full time Realtor does in all aspects of their marketing and transaction management. I've said many times that "part-time Realtors are the burr in my saddle" and I wish that more people would write about this issue to better inform the public. It amazing me how many Sellers do not properly interview / employ their Realtor of choice to handle the sale of their largest asset. If they did, part-time Realtors would not even make the short-list for the initial interview. The prevalent existence of part-time Realtors in the Real Estate profession has offered very little to elevate public perception on the professional competencies and ethics of Realtors. So, for the love of the Real Estate Profession and for the benefit of all consumers, please continue to educate the public on the deleterious effects that part-time Realtors have on the Profession and how the public needs to make better decisions on who they decide to hire to manage the sale of their properties.

    Keith Braun
    RealPros Real Estate Consultants
  • DZ | 06 Nov 2015, 12:51 PM Agree 0
    I know a top producing Realtor that is a part time Pharmacist. I know part time Doctors, Dentists, Teachers and the list goes on. There is nothing wrong with being a part time Realtor. I know many full time Realtor's that sell very few properties. The issue is with brokerages hiring any and all agents to get them on their monthly billing program. A Realtor, part time or full time, is money to a brokerage. The onus should fall on the brokerage not to take on part time sales people. RECO could limit the number of registrants or raise the level of education required to get a license to attract only the people serious about becoming a Realtor. Warehousing your license is another issue. Real estate is easy to get into that is why there are so many Realtor's.
  • Frank | 06 Nov 2015, 12:54 PM Agree 1
    I am a Realtor, fully insured and paying all dues nationally through CREA and via our local board membership. Many Realtors require the full membership in order to have access to MLS and related member services in order to support the industry in other facets, such as appraisers, financial and lending services, consulting firms, etc.

    Although we may not be fully active in the selling or buyer representation duties of a Realtor, I believe we represent the real estate industry in a silent and professional manner by holding this license. Real Estate figures are skewed when it comes to other professional holding a Realtor's full license, so it does not appear that are very active with sales, listings, etc.

    Please don't paint all of us as "part timers" because some Realtors lack the understanding of the very board you represent. Support part-timers the same way you would support anyone else starting out in any business. Use some compassion, and you may just have an associate for life. Besides, don't they contribute to national and local membership fees, which I'm sure helps keep your membership fees down.
  • | 06 Nov 2015, 12:55 PM Agree 0
    What is affecting the industry is not the part timeers, it is the non ethical agents able to cheat their clients to get a commission.
  • Aldo | 06 Nov 2015, 01:10 PM Agree 1
    Q:How do you identify a "full-time" RE Salesperson?
    A: Those that walk into the RE Broker's office at 10:30am or later, have a cup of coffee and several donuts and spend the rest of the day playing cards, surfing porn sites and complaining about those "part-timers" who are takin away all his/her income!!
  • Sharon Chisholm | 06 Nov 2015, 01:14 PM Agree 0
    I totally agree. I have been saying this for years. It is absolutely impossible to be fully committed and do the best job possible for a client being part-time.
    The sad part about all this, is that it is never disclosed to the seller.

    Do they not a right to know before signing the dotted line and handing out thousands of dollars

    Is this not considered misrepresentation..of course it it.

    The public deserves to be treated better.

    Suggestion--What about the idea of all part-time realtors working with a full time realtor and having this disclosed

    Kind Regards;

    Sharon Chisholm

  • Bill Brooks, Victoria BC | 06 Nov 2015, 01:30 PM Agree 0
    My big beef has always been response times between real estate professionals. I agree full time realtors can also be slow to reply, while I have not saved empirical evidence, my experience over 30 years and in 3 markets is part time realtors are usually much slower. Let’s set service standards, i.e.; length of time to return messages. Modern technology takes away any plausible excuses and makes it easy enough to prove response times. A 2 hour reply window with enforcement fines? It's an embarrassment to both me and the profession when I have to say to a buyer "Sorry, we won't be able to get into that home today because the listing realtor has not got back to me."
  • REALTOR, Burlington | 06 Nov 2015, 01:51 PM Agree 1
    I believe there are many scenarios where people may choose to be part time such as raising children, semi retiring, other career interests such as mortgage broker, charitable commitments, etc. As long as the individual provides a high level of service of professionalism to the client and remains up to date on market information, I don't have an issue with this. I will remind everyone in this forum, you cannot restrict someone from earning a living. It is up to the consumer to determine if they indeed determine a difference in the level of service and availability and choose accordingly for their particular needs.
  • jack s | 06 Nov 2015, 01:54 PM Agree 0
    part timers are leeches, taking away from those who really work at it - we are Professionals - would you like a part-time lawyer; doctor; dentist;accountant; - vcome on folks - wise up, be what you say you are
  • Rick (Full Time) Since 1980 | 06 Nov 2015, 02:09 PM Agree 0
    Full time vs Part time Agent or Competent vs Incompetent Agent

    We have battled these issues for years and we still have a great business that thrives in a good economy.
    Give me a great part time agent over a full time incompetent agent anytime...

    However the best fit for our industry is to have "competent agents".

    I do agree and believe part time agents cannot deliver 100% on-time services in this challenging business.

    It’s a conundrum in fact ... It will be up to the Clients and Customers to decided for themselves.

  • carmen | 06 Nov 2015, 02:11 PM Agree 1
    While agree that part time agents cannot dedicate the necessary time to run a business effectively, the problem lies at the board level, RECO, brokerages etc...the more agents who pay fees the better! It's all about the money and I cannot see that changing!
  • agentblair | 06 Nov 2015, 02:14 PM Agree 0
    As a Full time Realtor ( Vancouver/Burnaby ) I am in likely the most competitive market. Part timers can be wonderful, and full timers can be a full time pain in the assets. Not only is it impossible to define, enforce, - it is impossible to judge. I recall when you could not have a second profession. Wasn't any better.
    I have my share of complaints. Increased education requirements semi-annually where you actually need to pass ( not just be a seat warmer ) would be a great start. Some cannot write enforceable contracts, cannot manage technology, cannot explain 'material latent defect'.
    While I do send referrals across the country to only Full timers, I think many of you are embarrassing yourselves with petty comments.
  • Sylvia R | 06 Nov 2015, 05:10 PM Agree 0
    It is not the part-timers that are a pain. It is the mere postings and, etc. We have to abide by rules and regulations and pay high fees and these other company can do what they want and not have to provide fiduciary duties to their clients.
  • Bill Albers | 06 Nov 2015, 06:27 PM Agree 0
    I truly believe that one of the worst occurrences in the real estate sector that ever happened in British Columbia, was when they allowed individuals to become "part timers" in the real estate business.
    Years ago, when I became a Realtor, one was not allowed to partake or do anything else if you were a Realtor. During those first few years in this business, it was quite difficult trying to establish a data base and a business that would eventually create an income that was acceptable. The policy was, if you are going to be a Realtor, then be a Realtor ........ make a career out of it ..... make a profession out of it. The industry was striving and is still striving for it's members to be known as "professionals"
    Leaving my previous career as a registered nurse to become a Realtor, I was approached many times by the hospital if I could help out and be on call in the evening and night for emergency operating duty, but when I checked with the local board and the British Columbia Real Estate Association, it was not allowed. I personally felt that my participating for a few hours for an emergency appendectomy at 0300 wasn't going to affect the real estate industry, my clients or the public one bit but "part time" work wasn't tolerated by the industry.
    Now, I receive my mail on occasion from the post man who is a Realtor .... needing the extra money because the real estate market is slow. I was at the restaurant some time ago and was served by a part time Realtor. A few months ago, I phoned to learn that the listing Realtor couldn't present an offer that I had written because he was in class ....... teaching high school but "would attend to it as soon as he was done teaching that day"!
    I feel that if you are going to represent other individual's money - and in most cases that individual's "nest egg", you should do that with service, integrity and reliability and know what you are doing. One shouldn't have to wait until the teacher or the post man is done their shift to work at real estate!
    I truly believe the industry has lost major ground in promoting it's members as being "professional".
  • | 06 Nov 2015, 09:05 PM Agree 0
    I think to an extent part-timers have given the industry a bad wrap but also it's the lack of know how in the industry. I have had agents bring me offers missing initials , signatures, legal descriptions etc. I think it's a lack of education and the reality that to be a successful agent requires a lot of time and dedication to the craft.

    I couldn't tell you the number of times an agent will ask me what a "status certificate" or what a survey is for. There should be a more detailed entry provision so that people are really faced with some of the truths and discourage those who aren't in it to take it seriously because there's a lot at stake.
  • Nisar Khan | 07 Nov 2015, 10:30 AM Agree 0
    Part-timer are hurting the industry big time. Lack of knowledge, lack of market information, lack of time availability ,lack of business trend.
  • Dealmaker TJ | 08 Nov 2015, 06:30 AM Agree 0
    I have been involved in commercial real estate from a brokerage standpoint, development standpoint, and consulting. I TOTALLY DO NOT believe in part time realtors. These people are not committed to the profession or they would be full time. These people don't have the confidence they can make money in full time real estate so they keep their safe, secure job. Most importantly if they have a listing they are not representing the seller in the sellers best interests cause in many cases they arent available to show the house till after they " get off work". Keep in mind I am in commercial real estate and my comments pertain to people who are licenced and concentrate on the residential market place. I read an article recently about an experienced realtor full time that wanted to present an offer on a house for his client and had to wait for the listing agent to " get off his regular day time job to do so". The listing agent took the deal to his seller and it was accepted even though below what the market would dictate. I think most part time residential realtors rely on family members and friends to give them listings cause they honestly dont have the time to " prospect or farm a region". I think what TREB and CREA should do is tell full time agents they are going to up their fees and " get rid of part time agents" and the full time committed agents would go along with this strategy.
  • Ken Glauser | 08 Nov 2015, 02:19 PM Agree 0
    Who and how is the "part-time agent" issue going to be "policed", if it becomes officially not allowed?
  • | 08 Nov 2015, 02:19 PM Agree 0
    I am a full time agent and I am not threatened by the so called 'Part-time'. There is enough Real Estate business out there for everyone in the industry. I believe full-time Agent are doing poorly at the job, is using this 'Part-time', 'Full-time' concept as an excuse. You complaining 'Full-time' agents out there, you are not going to succeed by tearing down others. You should be using some of that energy to drum up business and improve your sales skills.
  • peter b. realtor | 09 Nov 2015, 08:10 AM Agree 0
    Requiring a "part time" agent to disclose their status as "part time"? Kind of dumb as that would allow the "full timer" the opportunity to use a prejudiced attitude against the "part time" agent. "Mr/Mrs. Seller, that other agent is a "part time" agent and won't be able to give you the time and attention you require". Just another opportunity for some "million $$$ producer" program guru to create a new script for their minions. Increase education requirements and upgrade requirements and the poor agents, full or part time, will filter out.
    Clamp down of ambiguous claims and that will help our professional image.
    Yes, I am "full time".
  • PEEGEE | 09 Nov 2015, 08:30 AM Agree 0
    I have been a "full time" REALTOR for over 61 years (Yeah! 61 years!) and am still working albeit "at my own speed" Does that make me a "part-timer?. This belly aching about part timers has been incessant. I have known many part-timers who are formidable-they are competent, knowledgeable and very professional and they KNOW THEIR LIMITATIONS! They know they can only handle so much and almost always have a back-up colleague. They also know that this business is very "spotty"' even for the full timers. They probably have families to support and welcome the steady income of another job and also the stress it removes so they can indeed o do a better job as a Realtor! Lots of well established doctors, lawyers, dentists, architects, engineers, etc. work at their profession part time especially as they near senior age. Water finds it own level and if a part timer is not finding it worthwhile s/he will quit! It's a free country and I support the spirit of entrepreneurship. No more government regulations intruding in our lives -PLEASE!
  • AJ LAMBA, Broker | 09 Nov 2015, 05:37 PM Agree 0
    It is the Part Timers in every industry that always bring down the standards and our industry is no exception. Go to any Retail store and you never get to find any of the PT Associates on the floor! Look inward your own Front Desks and you will notice a huge difference in the performance between PTs & FTs. Lets all STOP the politics and hypocrisy as the hotel style Broker Owners are always going to side with the PTs because there's is a quantity game and not quality... And our own RECO and TREB boards are all decided unfortunately by these PTs as they too have the same voting rights??? I think taking away the voting rights of PTs should be the 1st step to raising the standards in our industry! Agents who are unable to do even 10 deals in a year should all be classified as PTs. However with all due respect I'm sure these PTs are great in their FT jobs and if they found PTs doing their FT job, they would be reacting precisely the same way!!!
  • DC | 12 Nov 2015, 08:32 AM Agree 0
    What is a part timer ? I lose track of which is my full time as I add the amount of time spent in my "part time" profession. Sorry to deflate the ego of some of the full time agents - full of flair and flamboyancy, empty between the ears. Just loud and obnoxious - still remember a decade ago having to teach a "Full time agent " the difference between a FAG and FAE. Try to do it nicely out of earshot of the Vendor, didn't work. A good portion of the agents are very well manner and enjoy the cooperation. Just a full loud mouth loser that destroys the imagine of RE agents.
  • Cliff | 13 Nov 2015, 03:24 PM Agree 0
    I have been a full time Realtor for 7 years, self employed for 20 years. I confess regularly that I have learned to stick to my profession and hire professionals to do their thing. I understand that it's far more profitable for me to be working my trade and saves time and money to get them to work theirs. That being said, I too am STILL guilty of occasionally trying to shoot the photography for my listings or trying to do little jobs that I should call in a professional carpenter, electrician OR appliance tech for. Youtube has all the answers, how hard can it be... shouldn't take too long?!

    I understand the part-time agent. Part-timers don't bother me, I think that they serve a purpose in re-enforcing the value of a full-time agent. I represent my clients' interest, and when the other party hires a part-timer, they also represent my clients interests. They are going into what is usually half million to million dollar negotiation, without experienced or focused representation, my clients aren't. From the customer's perspective, they are usually supporting a friend, colleague or family member, which I seriously respect; but like any skill, repetition is the key and this is no different. Agents earn our money in a listing, before the house goes up on the market (strategy) and right at the deal table (skilled negotiation). IMO, the rest of the stuff is fluffiness... any experienced agent will have lists of contractors, including stagers and handymen and gardeners, marketers, etc., but that's not where the rubber meets the road. It's in the strategy and deal, experience and skills win, every time!

    That being said, I tell everyone that I know, that I believe EVERYONE should HAVE their RE licence and learn our business. It's a life skill, we need shelter to live in North America and all forms of shelter are addressed in the Real Estate courses. Knowledge IS power. Working it as a job; totally different story. While it is very rewarding, it's not easy and the longer that I am in this business, the more respect I gain for my more experienced counterparts... Oh, the things they've seen. I learn something new, every singe day and no transaction is the same as the last. So, any chance that I get to sit with a veteran, you better believe that I am clearing my schedule!
  • Dave | 16 Nov 2015, 03:44 PM Agree 0
    I was a part timer agent before, and thought I can handle it and know the game and can service my clients the way they deserve it. But that whole chain of thought changed when I joined real estate full time, is when I realised how much knowledge, information, and details I wouldn't have known if I wasn't a full time, or it would take much long to learn those otherwise.

    Don't be fooling yourself, thinking that you know it all or you can provide the same kind of service as a part timer vs full timer. The service doesn't just wrap around the professionally speaking to your client, making appointments, and going for offer. It goes beyond that, and accidents happens once. That's when your clients will know the difference between a full time agents vs part timers, who are in the industry to get a piece of the pie. How can you even compare the two? I speak 24/7 in Real Estate, and a part timer, spends it when he/she somehow gets lucky enough for someone to use them.

    There is also a difference between someone who starts part time and continues part time, and someone who started full time, experienced the full time work and got the knowledge and expertise then moves to be part timer. (Refering to a comment here)

  • JV | 19 Nov 2015, 07:45 AM Agree 0
    If we are a professional industry, looking after peoples largest investment, then we should be FULL time professional realtors. Would you go to a part time lawyer, doctor, dentist, specialist?...Part timers don't have the confidence to become entrepreneurs in the real estate industry, don't further educate themselves as us full time realtors. They are preying on that one individual who will buy or sell with them & I am sure most buyers & sellers don't know they are working with part timers. We are asked on our RECO registration if you work part time in the industry...I wonder how many say yes?
    I am for making this industry of realtors professional, sorry part timers, I have worked with many in the past (1985) & find it scary they are looking after peoples biggest investment. Get rich quick scheme?...maybe?...But one thing for sure they are "social" butterflies!! & likeable! Still not worth having them looking after peoples biggest investments....
    We need to make a change in our industry to protect this business.
Post a reply