Wisconsin's best brokerage for new licensee?

Question

Hello I'm Thomas Breiling I am 18 years old and located near the Milwaukee, WI area. I have recently passed my real estate exam and am looking for a brokerage to help me start my career in selling real estate. I have looked at a few, but they all are good at making themselves sound good and I am leaning towards Century 21 but would appreciate some advice.

Kobe Xin · Answer

A lot of investors have gotten their licenses and also run a real estate sales business as agents. It's a good way to offer sellers an alternative if their properties don't fit the buy box criteria.

I ventured into real estate mainly to build wealth and passive income. Being able to work with some of the leaders in the industry has been able to help me develop new skills and mindsets that will help with my goal in the long run. I think it's great that you're factoring in a retirement plan already, it's never too early to plan ahead. You also want to make sure that you consider the value the brokerage is able to offer aside from the fee schedule, fees are important and you want to make sure you aren't over charged, but a free brokerage with no value can also hinder your success.

Kobe Xin · Answer

No problem! Glad to help!

Kobe Xin · Answer

Congrats on passing your exam @Thomas Breiling !!!

Are you looking to do real estate full time or part time? What appeals to you about C21?

I got my license not too long ago and decided to go with an organization with a lot of investors because investing is my main focus for venturing into real estate so early. Everyone has different goals so you just have to make sure that whichever broker you end up at can help you achieve your goals in real estate. Happy to help!

Rebecca Knox · Answer

Premier Point Realty or Homestead Realty

Charles Clark · Answer

Thomas Breiling that is awesome. Congratulations on your amazing accomplishment. Not to steal your thunder, but I also just passed my real estate exam on Monday. I have to agree with everyone that you should figure out what is your long term goal of why you wanted to get your license. So, when you go and talk to a brokerage you will know what you want to get from them. It is a partnership and it has to be a give and give relationship. They should give you the resources to be the best agent you can be. You should give the best service to your clients to give the production the brokerage is looking for from you.

This is my second time around with getting my license so the things I desire the first time from the brokerage are entirely different this time around. I think you made a great choice to get your real estate license and hope for the best in your career. If you ever want to chat since we are in the same city, please don't hesitate to contact me.

Obrigado (Thank you),

Charles Anthony

Marcus Auerbach · Answer

@Thomas Breiling congratulations on your passed exam! You already know this, but the bigger issue is going to be getting you into production; most potential clients will hold your age against you. They are looking for someone with experience to lead them, that's not going to be easy.

There are other positions that might provide you a great start, for example licensed transaction coordinator or marketing specialist on a larger team. This will allow you to get started and gain experience while growing into your role as an agent.

Pick a firm that supports what you want and need. For me KW was the right fit, they are the Amazon of brokerages.

Paul De Luca · Answer

Join the brokerage that will best allow you to accomplish your goals and be surrounded by like-minded individuals. Besides those two things, there are other variables like brand name recognition, fees/splits, office location and policy, mentorship opportunities, and training, arguably one of the most important things.

Good luck with your decision!

Thomas Breiling · Answer

@Kobe Xin Yes they offer mentor programs and a ton of one on one training. They met all my criteria, but I haven't pulled the trigger on it because I am exploring my options. I also am entering real estate to build wealth and passive income, while keeping my w2 for benefits. Really appreciate your responses!

Thomas Breiling · Answer

@Kobe Xin I have similar goals when it comes to investing am currently looking for my first house hack. I hadn't thought about joining a brokerage with investors. It would probably be a part time thing while working a w2 part time aswell. C21's professionalism appealed to me and how they followed up with me 3 times by phone when a lot of other companies just emailed me and told me to call them. Also they offer a retirement plan with no desk fees.

Thomas Breiling · Answer

@Charles Clark Congratulations on passing your exam aswell. It’s not easy! I want an agency I can use as a part time job on top of my w-2. I’m more interested in investing then I am sales, but that may change who knows. I’ll probably reach out to you with questions if need be. I appreciate the response! Very cool that your in the same market.

Wisconsin's best brokerage for new licensee?

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