License without working FT for a sponsoring broker?

[Account Closed]

After listening to hundreds of BP episodes, I’ve noticed a lot of interviewees have gotten their RE license in order to make the investment process more efficient by cutting out the agent and directly accessing the MLS at their own will. So, my question goes out to all investors that have gone on to do the same: what was your experience with finding a broker that was willing to sponsor your license strictly as an individual investor as opposed to working as a commercial/residential agent full/part time for their benefit?

[Sandra K Shirah]

Try to find an independent broker/company who will "hold or park" your license for a fee, then no worries about withholding information or feeling sneaky :)   In the past I've sponsored the license of investors in exchange for a yearly fee. I charged the fee because there is some risk to the Broker, I knew they had no desire to actively sell real estate and it was compensation for not bringing in a shared commission. It was a win-win for us. 

Sam also made a valid point...no rule requires that you disclose your primary interest/investing. 

When I first became an agent, it was difficult to locate a broker willing to sponsor a part-timer, so you may run into that as well. In Louisiana you must be a salesperson under a broker for 3 years before you can become a broker. Don't get discouraged, just keep looking for a broker willing to help you.