According to The Sun, In a time when rising inflation and living costs are impacting many, 26-year-old Mackenzie has shared on TikTok how she’s built a successful side hustle in real estate, earning a staggering $100,000. “I’m living the life I want,” Mackenzie says, crediting her real estate income for helping her achieve financial independence.
From Grad Student to Successful Agent
Mackenzie began her real estate journey by getting her license at 19 while balancing her studies in grad school. Now a licensed therapist, she continues her real estate side hustle, which has evolved into a high-reward business model. According to Mackenzie, real estate is an ideal side hustle because it allows flexibility with client selection and work hours, making it a great fit alongside her primary job.
Turning Real Estate Commissions into Real Earnings
Her success story speaks volumes: Mackenzie was able to buy her first home at 23 and now shares financial advice on her TikTok account, @mackenzie_davis, to help others thrive financially. One of real estate’s biggest perks, she explains, is the substantial commission. Agents typically earn around 2.5% of a property’s sale price—meaning a $400,000 sale could yield a $10,000 commission.
The Reality of Real Estate as a Side Hustle
While Mackenzie emphasizes the financial rewards, she is transparent about the effort involved. She warns that real estate requires self-motivation, managing clients’ needs, and occasionally working odd hours. As she puts it, “What you put in is what you get out,” making it a job that demands a high level of commitment.
Also read: Official from Social Security – The 3 remaining SSI payments still to be made in 2024
Positive Feedback and Inspiration
Mackenzie’s TikTok followers are inspired by her success. Many users expressed appreciation for her transparency and encouragement. One follower commented, “I’m in real estate while working a full and part-time job. It’s hard but I know it’ll be worth it.” Another shared, “You’re inspiring this 46-year-old who’s been selling real estate for nearly 20 years.”
What to Know Before Starting a Real Estate Side Hustle
If you’re considering real estate as a side hustle, here are key points to keep in mind:
- Real Estate is Hands-On: This career isn’t just about working from home. Showings, meetings, and property viewings are regular parts of the job.
- Effort Equals Earnings: The potential for high income is real, but only if you’re committed. Successful agents can earn $100,000 or more, depending on the number of deals closed.
- Self-Discipline is Key: Real estate is an independent job, requiring excellent time management to balance with other work.
For Mackenzie, the flexibility and financial rewards of real estate make the hard work worth it. Her story highlights how, with dedication, real estate can be a lucrative side hustle even in challenging financial times.
