Selecting Sponsoring Broker In NYC

[Account Closed]

Greetings all,

In advance, I would like to express my appreciation for anyone who gives me advice. I turned 18 recently and immeditately enrolled in a real estate course, so I can get licensed. I want to bear careful consideration for the deep learning curve involved in this industry; that of course, extends to my selection of potential brokers that I can interview. Should I forego potentially interviewing with extremely high volume brokers who specialize in the sale of luxury apartments. On one end, I'm not sure that they would be even willing to hire a 18 year old agent, in the first place, but the degree of difficulty would increase drastically, if by chance, they did. I don't doubt my ability, but I am a person who needs time to become properly calibrated to environments of varying difficulty. My intial thought was to work primarily as a rental agent. Almost all of my financial ambitions are tied up in real estate, generally, and I know that sales has the most long-term potential, so I implore you all. What are your thoughts? 

Sincerely,
Joel L Alonzo

[Corby Goade]

Your broker will have zero to do with your success, it will be 100% on you. I see newer agents jumping from brokerage to brokerage often, thinking that eventually they'll find the perfect fit and suddenly be raking it in. 

There are basically two types of brokerages/teams: The ones that are low fee/low support and the ones that are high fees high support. If you are a real go-getter and can make things happen on your own, you might be okay with the low fee ones. If you are an introvert and new to real estate, you probaby need one with more support and training. 

Don't worry- you aren't getting married. You can spend a couple years learning the ropes with a broker that has excellent support and then go off and do your own thing once you've got the tools to do so. 

Best of luck!