Re: side biz - real estate agent or broker?
My real estate agent (I'm currently selling my house) told me the average income of agents in NJ is around $15K due to part-time brokers - keep in mind it's one of the most expensive states for real estate.
It's not a lot of income compared to the amount of time you'd likely have to put in. You said 5-10 hours per week, but even if you're selling one property the open houses, attending to clients, etc. will take at least that much time. Not to mention the other research that needs to be done (e.g. comps, evaluating trends, etc.).
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