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Updated almost 8 years ago on . Most recent reply
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- CPA, CFP®, PFS
- Florida
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Cost to get MLS access after I get my RE license?
Hello All,
I have decided to get my RE license. However, I am not trying be a full-time agent. I just want access to the MLS to be able to run comps and schedule appointments on my own.
I did some research on what would be the monthly cost to be an agent with brokerage after I get my RE License. This is what I got:
“Here are the minimum monthly costs an agent will have: (Monthly)
Marketing $250
Insurance $40
MLS and board dues $50
Office fees $200”
I wanted to ask if there is an option to pay just the MLS access fee to brokerage. I am from Atlanta, GA. Also, if someone can recommend me the brokerage in Atlanta that might offer that service, it would be very helpful.
- Ashish Acharya
- [email protected]
- 941-914-7779
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Most Popular Reply
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To get access to the MLS you have to be a Realtor. Realtor is a trademarked term that is owned by the National Association of Realtors. Meaning to call yourself a Realtor, you need to join your local Realtor Association. In my association, I pay twice a year. I pay my annual dues to the association which is $500 due in September, and my MLS dues of $350 which is due in two weeks. You don't get to choose just the MLS, you have to join the association. You'll also have to pay $15/mo for Supra, which is the electronic lockbox account to allow you to open one.
Every brokerage is structured differently. I pay a 80/20 split, with no fees period, desk fees and E&O is included. All my marketing is done by myself, and I control it what I spend. National Brokerages charge more because of their brand. Go boutique, you'll spend less monthly.
Good luck!