What are the Benefits of Being Fully Employed v. Self-employed as an Estate Agent?
Within your career, you want to know that what you are doing is 100% right for you, therefore thinking about whether you want to be self or fully employed is important...
In estate agency, no two days are the same and there are so many interchangeable skills within the job. So, it makes sense that to further this freedom and flexibility, estate agents do have the option to be either self-employed or fully employed.
At Spicerhaart, we’ve gone one better. All our positions are fully employed – but with the freedom and flexibility to work from home through our Partnership scheme.
“We’ve gone one better…”
This may sound like a big decision, so we’ve compiled some pros and cons to help you find the right fit:
Self-employed Pros and Cons
Pros:
- You can choose flexible hours
- Your time may be more efficient as you have less team meetings
- You have more incentive to sell, as what you sell is what you earn
Cons:
- The risk and cost of your own money is involved
- You have less security of business
- You don’t get sick pay, holiday pay, pension and other perks and benefits
- If a house doesn’t sell, you don’t get paid!
Moving onto the fully employed option...
Fully employed pros and cons
Pros:
- You are supported as part of a team
- You have the security of always getting paid your basic salary, even if a sale doesn’t go through, plus commission when it does
- Plus you get sick pay, holiday pay and are part of a pension scheme
- You may be eligible for a company car or car allowance
- There is chance to progress within the company
- You get all the backup of a big marketing machine – which drives sales
- There are many perks and incentives
Cons:
- Well there aren’t any really. If you choose to become a Partner, you also have flexible hours that fit around your family and home life, plus you don’t have all that travel time to the office!
If being a fully employed Partner and managing your own local area appeals to you, please visit our careers page and see where your next step might be.
