New Investor Looking for Place to Hang RE License

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Hello everyone! I start my licensing classes this weekend and have already started thinking about where I'll hang my license.

I'm getting my license so I can access the MLS at 3:30 am if I so choose. I tend to be awake intermittently and at completely ridiculous hours during the night, so I plan on this benefit being worth it's weight in gold. (literally and figuratively)

I like that I could write 100 offers a month without getting on anyone's nerves...with the exception of an occasional seller agent, perhaps. (lol...BIG smile)

I'd also like to have control over the information in terms of what gets put on the MLS, what information gets communicated to me during negotiations etc. I'd like to "remove the filter" so to speak.

I bet you're starting to wonder if there's a question hidden somewhere in this post...the answer is yes, and here it is:

I'm looking for a broker that won't charge me to death with monthly fees and percentages. I've found a brokerage that charges $25/mo and a flat fee of $300 per deal. That seems pretty reasonable to me...but what do I know?! (shrug)

Anybody know of something better or have any recommendations on what I should be looking for in a brokerage from a REI standpoint?

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Hi Shannon,

That sounds like a pretty good deal. The only thing to consider is how much your broker is going to help you with your offers. It might be a good idea to hang your license with a broker who will help you out a lot in the beginning, then move to a cheap broker after a year or two of learning (unless you already have a lot of experience with writing offers etc).

I was just in Chandler last week, I'm actually out there quite a bit for work and I'd love to do some real estate out there but I'm just not very familiar with the market unfortunately.

Good luck to you!

Chad