Questions regarding real estate licensing

[Connor Chatlos]

Hi all,

I am looking to become a new investor in the city of Chicago, as I just moved here! A partner and I are looking to get into house-hacking mid-late next year and are starting the process early. I just have a quick couple of questions regarding my real estate license and was hoping someone could help me out!

1. I have my license in the state of Colorado, and am planning on getting my license in Illinois since its reciprocal.

2. I plan on holding my license under my employer, since they are a managing broker

- Will my managing broker see deals that I complete if my license is held under them? 

3. My new managing broker does not have a transaction coordination team, and with all of the deals I completed in Colorado, I never once had to run through the deal process after signing on a house to get my client to close. Is this process pretty self explanatory if I just follow the correct steps? Does BP have any tools that could help me to make sure that I am staying on top of everything prior to the closing table? (ex title transactions, inspections, earnest money, etc). 

4. I would love to meet to discuss with some BP members either in the Chicago or Denver markets! If anyone has any agent connections that I could get in touch with to discuss best practices, that would be super helpful!

Open to all suggestions - thanks all!

[Riley Poppell]

Hey Connor, I could help you out with this if necessary. Also if you want to connect there are a couple events coming up at my mortgage company. If you are interested add me as a friend on here and we can connect.