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Updated almost 11 years ago on . Most recent reply
Investor/Agent/Broker - type of brokerage to work at?
Hi,
I intend to become a real estate investor, but to learn my local market I first plan to become an agent/broker. I've noticed different types of brokerages and am not sure which would best suit my end goals.
They are: REO dealers, Residential brokerage, and brokerages that have residential and commercial services. Later I'd like to own apartment complexes so right now I'm leaning towards a locally well known residential/commercial brokerage. But investing is my goal so maybe an REO is the obvious choice. ????
Also, I have a nice size client list from my tile contracting business that I intend to advertise too once I'm at a brokerage, which I think may help me start out. ????
Also, are brokers going to be offended that my end goal is to be a real estate investor and not an agent? Should I not mention my investing goals? Since my real intention is to make contacts and learn about my local market.
Thanks to anyone who takes the time to respond. And please, tell me what you think I may not know but should.