So we decided to answer this question by interviewing an architect who is using his real estate license part time. Anthony J Farina is a full-time Architect and part-time real estate investor and real estate agent.

In this interview, you will learn how Anthony uses his real estate license on the side to earn extra income. I am an Architect working full time for a government agency. I often saw the ability for me to get in on real estate deals being an architect and living in NYC. So I obtained my license back in with the intent to use it part time to earn extra income on the side.

Not only do I use my real estate license to make extra money, I use it to save money. When purchasing properties, I broker my own deals.

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I also know of any new listings as soon as they are posted, giving me an advantage at finding the next great deal. I was able to find my own house and apartment without the use of an agent.

Having direct access to listing information and also the ability to make appointments around my own time without having to interface with another party was very convenient. Being an architect I have many projects that lead to listings, such as a kitchen rehab in preparation for sale of the home. It works the other way as well, I often obtain architectural work from buyers who I represent in a purchase.

Can you walk us through step-by-step the process you do to find rental properties for friends and family members and how much time do you spend each month showing apartments?

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Signed up with building management companies in my neighborhood to receive all the available unit listings. The list will include owner paid units which does not require the renter client to pay a fee. I typically seek these out when showing friends and family, they save money and I get paid directly from the building management company. Anytime a friend or referral from a friend is looking for an apartment I will e-mail them a list of the current available no fee units.

We then set up a date and time to view the units, I typically show units on nights and weekends as I am working full-time and they are as well. If approved by the building management company they will sign a lease with the client to finalize the deal. What is the commission split with your real estate office?

I have a different agreement with my office depending on which borough my deal is in. Rentals are a great way to turn a quick buck as there are no closings to be scheduled in the process. Get your real estate license today! How did you find your own investment property and how much money did you save in the process? I have automatic notifications set up through the multiple listing services that I am registered with. Anytime a new listing is posted I see it right away and can act on it if the deal is right for me.

I brokered the deal myself so I was able to get money back at the closing. So essentially a discount of the elected commission off the sale price. For my first deal I saved about 1. Do you have any advice for new agents regarding using their license on the side?

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Depending on the opportunity, it may not demand any more of your time. Having your license is also a great networking device. I have obtained many architectural jobs through other real estate agents in my network. If you are ready to start the exciting journey towards becoming a real estate salesperson, please sign up today.

You can check out the course for yourself and see if it works for you. NY Real Estate License Pass State Exam Course Content State Requirements NYS Real Estate License Renewal Continuing Education California Real Estate License California License Requirements California Exam Prep Texas Real Estate License Texas License Requirements Investing Login.

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A Simple Strategy to Earn Extra Income Using Your Real Estate License Part Time. We hope that this will give you some ideas on how to use your real estate license part time.

What is your full time occupation and why did you get your real estate license? What are 3 ways you use your real estate license to make extra money on the side? The 3 Ways I use my real estate license par time are: Finding rental apartments for friends and family Saving money on my own purchases Finding investment deals for myself and other investors Not only do I use my real estate license to make extra money, I use it to save money.

Here is my process that I have set up to show apartments part-time: I have them select which units they are interested in viewing. The time devoted to this process for each client is typically anywhere from hours. California Real Estate License California Real Estate License Online California Real Estate License Requirements California Real Estate Exam Prep. Texas Real Estate License Texas Real Estate License Online Texas Real Estate License Requirements.

How to Become a Real Estate Agent in NYS — 4 Videos. Going Forward If you are ready to start the exciting journey towards becoming a real estate salesperson, please sign up today. Now is the time to take action! Real Estate Investing Courses How to Become a Real Estate Investor Buying Rental Property Real Estate Syndication Real Estate Investing for Beginners Self Directed IRA Real Estate Wholesaling Real Estate Bulk REO How to Start a Real Estate Investment Company 9 Tips for Doing Successful Off-Market Transactions Is Real Estate a Good Investment?

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