Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Just passed OR RE Exam- Suggestions on finding Principal Broker?
Hello all-
I purchased a rental property in Portland last year and it sparked me to learn more about RE investing and study for my OR real estate exam. I have a busy career as a physical therapist and I'm not quite ready to transition to a full time career in Real Estate- although that is my ultimate goal.
What is the best approach to finding a principal broker knowing that my transactions will be limited to my own deals and possibly friends/ clients in my immediate network?
I'm leaning toward finding a smaller principal broker who also manages property versus a large, sales driven firm. Not sure of the cost for this type of arrangement - should I expect a desk fee in addition to a set amount per transaction or is it possible to find a % split with no monthly desk fee?
Any and all suggestions would be greatly appreciated!
Thanks!