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Updated almost 11 years ago,
Working For Yourself Or A Real Estate Company...?
Hello BP,
As I'm in the process of getting my license, I've been considering that upon completion of the course I would try and get employed with a local real estate company. I was wondering if it's legal/ethical to work under your own company and a real estate company, or how that works. The reason I asked is because my initial intention was to just wholesale before I even considered getting my license. Now that I am getting my license in addition to just being able to flip a contract or assign it out, I may be able to collect a commission from the seller/buyer on these sales.
The catch is the marketing that I've done. I've got my own business cards, paper ads, bandit signs, car magnets, and direct mail campaign running, so I how would I separate when I am working for myself, or when I am working for the real estate company?
If someone could clear this up for me, as well as whether or not you take commissions when "wholesaling" as an agent or still take a flat fee for the contract, I'd appreciate it. I did plan on offering to list for homeowners who's houses I cannot quickly turn around and sell to a buyer (or myself), so this is important to me.
Regards,
Jason Eyerly