Do you believe that real estate is a good "2nd career" for retirees to enter into?

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Virtual Realty Consultants, Making the American Dream a Reality (Virtual Realty Consultants LLC)

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Rainmaker
4,800,282

Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

It's certainly worked out well for me. Though, it's not for everybody.

Jul 10, 2015 04:32 AM

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Rainer
150,769

Ed Macias

Real Estate Teammates - Miami, FL

Miami FL-REO Property Management Multifamily

Yes

Jul 10, 2015 04:18 AM

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Rainmaker
443,220

Cindy Davis

SD Home Source Realty - San Diego, CA

I think real estate career is a great second career for those 'extras' in life!

Jul 10, 2015 03:10 AM

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Rainmaker
58,449

Jennifer Provencio

San Diego County and Central Valley - Oceanside, CA

The Reverse Mortgage Speciailist

Depends on their level of committment. If they aren't going to be there for the client, then no. If they are actually going to work, then yes. Many retired people need the extra income and this might be one of the only options for them.

Jul 10, 2015 02:25 AM

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Rainmaker
1,157,841

FN LN

Toronto, ON

Retirees are retired. If they are working then they are not retired. Real estate is a costly endevour to maintain with ongoing mandatory fees so the person needs to evaluate whether he or she will make a suitable net profit in order to determine if real estate is a good second career. Otherwise any retirement incoming cashflow would be lost. The analysis can also be complicated by many other factors which would vary on an individual basis.

Jul 10, 2015 02:17 AM

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Rainmaker
212,805

Stefan Winter

Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV

Owner - Winter Group & Real Estate Web Tech

Yes, especially if they have a big sphere of influence to market too.

Jul 10, 2015 02:13 AM

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Rainmaker
292,685

Jack Lewitz

Exit Strategy Realty - Evanston, IL

yes and know. If you are working then you are not retired but if you need to work to enjoy your retirement then real estate could be a good 2nd career.

Jul 10, 2015 01:53 AM

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Rainmaker
699,277

Chris and Dick Dovorany

Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL

Broker/Associate at Premiere Plus Realty

We did but then again we retired in our early 50's.

Jul 10, 2015 01:45 AM

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Rainer
414,611

Teaching Amanda Fische

Teaching Amanda Fische - Denver, CO

Offering 30 plus years of sales insights

Absolutely, many have built relationships over the years and that is a critical cog in the success wheel of real estate, but they will only be successful if they are serious about the business.

Jul 10, 2015 01:29 AM

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It's certainly worked out well for me. Though, it's not for everybody.
I think real estate career is a great second career for those 'extras' in life!
Depends on their level of committment. If they aren't going to be there for the client, then no. If they are actually going to work, then yes. Many retired people need the extra income and this might be one of the only options for them.
Retirees are retired. If they are working then they are not retired. Real estate is a costly endevour to maintain with ongoing mandatory fees so the person needs to evaluate whether he or she will make a suitable net profit in order to determine if real estate is a good second career. Otherwise any retirement incoming cashflow would be lost. The analysis can also be complicated by many other factors which would vary on an individual basis.
Yes, especially if they have a big sphere of influence to market too.
yes and know. If you are working then you are not retired but if you need to work to enjoy your retirement then real estate could be a good 2nd career.
Absolutely, many have built relationships over the years and that is a critical cog in the success wheel of real estate, but they will only be successful if they are serious about the business.