Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 11 years ago,

User Stats

825
Posts
413
Votes
Jonathan Makovsky
  • Investor
  • Fairfield-New Haven-Hartford County, CT
413
Votes |
825
Posts

Looking for Broker Sponsorship in both NY & CT & General Broker Question

Jonathan Makovsky
  • Investor
  • Fairfield-New Haven-Hartford County, CT
Posted

Hi BP, hope you're all staying warm. Any help with the below would be very much appreciated:

I completed the prerequisites to be a real estate salesperson with the primary intentions of gaining MLS access (not to sell real estate). With that in mind, I have a few questions:

1) What is the general sentiment from RE brokers regarding salesperson licensees that want to be sponsored only to gain MLS access to invest for themselves (not for outside clients)? Do brokers view that salesperson as an unnecessary liability? Or could it be easy money for the broker, since the salesperson is independent, but will still split the sales commission?

2) I completed the salesperson prerequisites and passed the exam in NY, but I want to be licensed in CT. The good thing is that CT shares reciprocity with NY, and one of the requirements for reciprocity is that the sponsoring broker needs to be licensed in both NY and CT. Has anyone dealt with something like this before? Is there a good way to research brokers that are licensed in both states?

3) What kind of broker might be most advantageous for this situation? Bigger brokers, smaller brokers, favorable commissions, any other criteria?

Thanks again.