Pros
Love the freedom to start and stop work when you want to. Love that I am my own boss and I am free to find my own clients and take care of their individual real estate needs as I see fit. Love to help people find what they are looking for and get them in the house of their choice.
Cons
Pay! Basically you are unemployed in between closings. In 7 months, I have only taken home ~7K. I guess it is the same as working for minimum wage. I have closed one house a month that is on average ~100K. Paying 50% commission to the broker, 8% Century 21 fee, and office fees each month ($105+) plus all your own marketing expenses, gasoline, medical insurance, car insurance, dental, etc. This job has no benefits other than being in control of your day.