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Peter Mohylsky, Beach Expert, Call me at 850-517-7098 (PMI. Destin)

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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Peter, I do believe that is a one size fits all blanket answer. It really depends on the person, what they bring to the table in terms of knowledge base, and their work ethic.  It's not the number of hours one works, it is what they do with those hours ... how effective they are.  Do they spend 20% of their time doing things that generate 80% of their business?  Or do they spend 80% of their time doing things that generate 20% of their business?

Nov 16, 2016 11:22 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Too many variables in this question... but I don't know how any successful agent can be truly so without a minimum of a 40 hour week.

Nov 16, 2016 10:18 PM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

It depends on how well organized you are and how well established you are. One could write a book on the subjet.  A

Nov 17, 2016 01:30 AM
Rainmaker
1,725,996
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Define 'Success'

Nov 16, 2016 10:51 PM
Rainmaker
508,387
Jerry Murphy, CRS, SRES
Long Realty West Valley - Anthem, AZ
Anthem, Phoenix, and Scottsdale AZ Real Estate

I'm usually at it 10-11 hours a day during the week and then about 5 or 6 hours on Saturdays, but that depends on whether or not I'm with clients.  Sundays I reserve for my family, but I will go out with clients if that's the only day they can make it happen.

Nov 17, 2016 04:31 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I never counted hours....I worked until my work was complete and never spilled it over to the next day....

Nov 17, 2016 01:12 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Peter Mohylsky It greatly depends on the individual if they are working harder or smarter.

Nov 16, 2016 10:41 PM
Ambassador
5,230,113
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

LOL Margaret Rome, Baltimore Maryland!  It took that for me during the downturn!  Now, it's more like 60.

Nov 17, 2016 11:55 AM
Ambassador
3,854,909
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

 All 168

Nov 17, 2016 11:39 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Just guessing, but some probably spend over 80 hours while other successful ones with large teams and support personnel may spend very few hours.

Nov 16, 2016 11:16 PM
Rainmaker
989,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Lots of things can be identified as part of the "business" that may influenced the total amount of time - in addition, IMO it changes over time as the business begins to take hold and become successful.

In the beginning My husband and I spemt no less than 60 - hours a week, often as much as 80 hours - mostly because we were in a new industry, and an area that historically did not allow "outsiders" to enter.

Today, we've turned it down quite a bit averaging 40-50 hours (and sometimes even less when needing a break) depending on tasks required for customers.

Nov 16, 2016 10:40 PM
Ambassador
2,178,603
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

As you indicate, the term success is nebulous.  I trully "all in" full-time agent will most likely spend 40 - 60 hours on and in various activites of the business.  So many variables.  

Nov 16, 2016 10:36 PM
Rainmaker
5,216,409
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Set your goals. Develop your plan to make your goals a reality. Adjust accordingly. Only then will you know how much time it will take. Then, because of time constraints you may have to alter your plan or adjust your goals!

Nov 16, 2016 10:18 PM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

Varies day to day and generally for me six to eight hours.

Nov 16, 2016 10:17 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

5 minutes a day working ON their business.

There must be understood a difference exists between working On business and working IN their busines..

This 5 minute agent has a closed vertical market.

"Realistically" is as nebulous as 'successful' agent.

However, a measure that is observable is 20% of an agents activity is what leads to revenue. If the agents daily activity is 2 hours, those 24 revenue minutes need to be focused.

Nov 16, 2016 10:15 PM
Rainer
85,096
Don Riggenbach, Condos, Catawba ISL, Marblehead
Keller Williams Chervenic Realty - Catawba Island, OH
Keller Williams Chervenic Realty

Success is measured in many different forms. If your business plan is followed as you have scripted for the year and you have obtained those goals, success was certainly  acheived.  The countless hours to achive those final results are irrelevant. Just remember no matter what you do it takes work, real estate success is not any different!

Dec 17, 2016 02:20 AM
Rainmaker
5,868,554
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I work from 40-60 hours providing me with a full pipeline and repeat business.

Nov 21, 2016 09:46 AM
Rainmaker
5,005,659
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Loved Kathleen Daniels answer!!

Nov 20, 2016 04:02 AM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I do not believe it is about ''how much time'' you spend but how you choose to use that time. A lot of us are extremely busy, yet with no result. 

Nov 18, 2016 04:26 AM
Rainmaker
4,272,548
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

It depends on how well organized you may be but I would think at least 30-40...

Nov 18, 2016 04:23 AM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

It depends.

Nov 17, 2016 11:36 PM
Rainmaker
851,242
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Oh what a loaded question! If that part time agent genuinely wants to grow into a full time successful (defined probably as ability to leave current income source), they need a good  mentor, consistent attention to their new field and, my guess only, a minimum of 4 hours a day working ON their business (and then whatever is being requested of them to work IN their business).  And of course, as pointed out by many, there are loads of factors that can influence outcomes but there's one girl's opinion.  ;)

Nov 17, 2016 09:28 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

9am-3pm Monday - Friday

Nov 17, 2016 07:56 PM
Ambassador
6,393,609
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Both parts of this are so variable that it is hard to say.

Nov 17, 2016 02:33 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Peter Mohylsky - good question.

It is not about the hours the successful people put in as an 'operation officer' - it is all about connecting with people and act as 'CEO'!

Nov 17, 2016 01:35 PM
Rainmaker
183,505
James (Jim) Lawson, DBA
DomainRealty.com LLC - Bonita Springs, FL
Broker Associate, RSPS, BPOR, HI & PE

Interesting questions Peter.

Need to pin down successful first. For example, 10 sides a year might a great year for agent A but a very dismal year for agent B. Computing the time spent on each transaction is equally perplexing. Who tracks minutes spent on this and that? Plus tracking the time spent on deals that fizzle is equally challenging and makes a credibile answer impossible.

Nov 17, 2016 01:11 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I spend 45 to 50 now. In the past I have spent 60-80. Many new agents start off spending around 40 hours and then slack off when they don't get immediate results. What they should do is crank it up a notch.

Nov 17, 2016 12:06 PM
Rainmaker
2,362,977
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

40-50 hours a week of focused time

Nov 17, 2016 11:55 AM
Ambassador
3,727,873
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

I don't think there is one answer to this one.  There are too many variables. 

Nov 17, 2016 11:45 AM
Rainmaker
1,157,785
FN LN
Toronto, ON

It will be different for each agent.

Nov 17, 2016 11:34 AM
Ambassador
2,684,109
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 40 to 60 if a system is in place.

Nov 17, 2016 10:43 AM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

That has to many variable to give a solid answer

Nov 17, 2016 10:05 AM
Rainmaker
529,983
Kathryn Acciari
Central One Federal Credit Union - Shrewsbury, MA
Mortgage Loan Originator

Minimum 40 hours a week, just like any job. But, since we own our own businesses, 60 hours seems to happen regularly.

Nov 17, 2016 09:45 AM
Rainmaker
4,936,705
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

This would be hard to answer.

 

Nov 17, 2016 09:33 AM
Rainmaker
2,810,149
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Peter - Mary and I tracked it for a while - the lowest was 55 and the highest was 70+. Easy money.

Nov 17, 2016 03:44 AM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

On?  Maybe they have someone hired to do that for them.  The marketing for new business aspects can be the "on" part, like what Barbara Todaro does.  Really varies.

Nov 17, 2016 03:02 AM
Rainmaker
4,882,355
Richard Weeks
Dallas, TX
REALTOR®, Broker

It varies from week to week.  There is no one size fits all.

Nov 17, 2016 02:48 AM
Rainmaker
711,852
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

This is your career and your profession.  Every full time worker is expected to spend at least 40 hours a week.  To be really successful, most put in much more - especially starting off.

Nov 17, 2016 02:09 AM
Rainmaker
1,574,666
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

Likely more than 40 and less than 168 hours.... as for me it is probably about 50-60 (assuming I am successful!).

Nov 17, 2016 01:53 AM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

The smarter you are and the more virtual you are, the less time you spend in actual work and the more time you have for research and leisure.

Nov 17, 2016 12:44 AM
Rainmaker
2,781,173
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Its really the business that decides that. Then, at some point, we manage it all

Nov 17, 2016 12:09 AM
Rainmaker
466,778
Katina Hargrove 352-551-0308
Stake Your Land Realty, Inc. - Eustis, FL
Broker/Owner, SFR®, e-PRO®, GRI, AHWD, REALTOR®

Peter,

I will depend on how successful the agent wants to be. One can spend alot of hours not making any money. A transaction can also be completed in one hour and close in 7 days and make alot of money.

Nov 16, 2016 11:09 PM
Rainmaker
4,572,183
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Too many variables.   

Time spent on their business can be just plain busy but is it "productive"? Someone can be "working" 50 - 60 - or more hours yet not be as "successful"(however that is defined) as someone "working" fewer hours.   

Nov 16, 2016 11:01 PM
Rainmaker
7,836,139
Roy Kelley
Retired - Gaithersburg, MD

Too many to count.

Nov 16, 2016 10:39 PM
Rainmaker
1,239,901
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

The successul agent hires help unless one wants to keep every penney for himself/herself.....

Those brag who are so successful are bragging. " I am the best,  I will not take any listing under 4% because I can sell..."   They are BS.....

Nov 16, 2016 10:29 PM