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Updated over 10 years ago on . Most recent reply

User Stats

49
Posts
29
Votes
Joey Dwyer
  • Realtor
  • Torrance, CA
29
Votes |
49
Posts

commission splits and expectations from my future broker

Joey Dwyer
  • Realtor
  • Torrance, CA
Posted

I need advice. I'd like to hear from any brokers who hire agents that are investors.Or any agents that are only holding a license for personal investing.

I'll be taking my CA.state exam in a few weeks and I'll be looking for a broker to work for.I have a full time job and I only have time on weekends for office time or training.My plan is to get into wholesaling and using my license as a backup plan for sellers who want to list their house on the MLS.

1 What kind of commission split should I expect?

2 Would wholesaling be conflict of interest ?

Any advice from BP nation would be appreciated.  Thanks.

Most Popular Reply

User Stats

60
Posts
17
Votes
John Marion
  • Real Estate Agent
  • Canton, GA
17
Votes |
60
Posts
John Marion
  • Real Estate Agent
  • Canton, GA
Replied

After being an investor for years, I became and agent with REMAX. I'm both an agent and an investor.

I market myself at "The Agent Who Buys Houses". I have found that the RE/MAX brand helps me in my marketing as an investor and adds credibility to my business.

I have a broker who is great to work with and who understands the many ways to make money in real estate, including assigning contracts, double closings, and all other ways we can structure transactions as investors.

As an agent, I specialize in offering professional real estate services to investors.

Additionally, being licensed allows me to practice real estate in every other way that investors can't, such as representing clients and earning commissions on all kinds of transactions.

Also, as I ramp up my skills to do commercial deals, I'm finding the association with RE/MAX Commercial to be a great advantage.

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