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Updated 7 months ago on . Most recent reply

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Ashley Rudd
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Help picking a brokerage that fits my needs as a new agent but primarily an investor.

Ashley Rudd
Posted

Hi! I really need some help from my fellow seasoned salespersons. My goal is to become an investor of multifamily properties. I am looking to buy my first four-plex within the year. I recently got licensed for the benefits of MLS access and potential use of my commission for a downpayment (Fannie Mae). I have absolutely no idea where to hang my license. I would prefer to hang it somewhere where they work with investors so I can gain experience before my first transaction. Honestly, I do not have a lot of guidance and am overwhelmed by this whole process. I work full time at my current job and need somewhere I can hang my license that might also be beneficial but not require the world of me.

Thank you!

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Andy Eakes
  • Property Manager
  • San Diego, CA
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Andy Eakes
  • Property Manager
  • San Diego, CA
Replied

It's really going to depend on what you're needing in your new business. Some brokerages offer better training like Keller Williams but require more attention. Other brokerages offer 100% commission for a flat fee and might offer some small broad mass training, but you'll have your time. So keep that in mind.

Another more creative way to go about it is looking at the multifamily selling in the neighborhoods you plan to go after. Maybe there's a few brokerages who do the majority of the deals you're hoping to do. You can leverage their brand presence in that particular neighborhood. 

  • Andy Eakes
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