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Have you ever considered a career change into real estate?
In 2024, the Canadian Real Estate Association put out a survey to its 160,000+ members, and of those who responded, we learned that 80% of REALTORS® were 40 years of age or older. Real estate is frequently a second or subsequent career. While comparable Canadian statistics are limited, research from the National Association of REALTORS® has found that only about 4–6% of REALTORS® entered real estate as their first career, meaning the overwhelming majority brought experience from another profession.
Those entering the real estate industry mid-career are often not choosing their first profession. They may be an established professional with 10, 15 or 20+ years of experience in another field, but looking for greater flexibility, entrepreneurial opportunity or a different way to use the skills and network they've already developed. Typically, they have a background in sales, marketing, administration, legal, hospitality, trades, or even education. You may be surprised to learn how many of their skills transfer well to a successful real estate career.
So it makes sense that different agents bring different skills to someone’s buying or selling experience. Some agents can crunch the numbers and view a real estate purchase through an investment lens. Others are great at staring into a vacant property and see the design potential.
Have you ever considered a career change into real estate?
Maybe you have an eye for how to furnish a room. Maybe you scour the data on HouseSigma as a regular hobby. Maybe you love renovating homes so much that you need your own HGTV show. Maybe you love the thrill of a hard-won negotiation. If you have ever looked at any of the many tasks that REALTORS® handle and think, “I would love to do that”, then we would love to hear from you!
No experience is required, but if a career change into real estate has ever crossed your mind, we would be happy to give you a look into our own real estate business, and discuss what you would need to do to get started if you decide to make the leap. If you’ve already started the steps towards getting your real estate license, we can give you some advice on how to interview brokerages and how best to find a place that will help you grow your business.
There are definitely some tough days (or weeks or months!) and challenges, but a career in real estate can be extremely rewarding. If you are curious if it would be a good fit for you, please reach out – we would love to help!
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