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Updated over 10 years ago,
Help! RE Agent/Investor Needs BP Community Adivse and Help.
Hi BP Family,
I am currently an in-active RE agent in Arizona ( AZ ). I want to hang my license again so that I can use it for my own investments.I recently interviewed a few brokers and expressed to them I want to focus on my own F&F and F&H, and some residential resale. (Some big names, others more local)
During the interviews I asked if they had anyone that was focused on their own investments and doing F&F. Most basically did not have anyone in the office that had this focus.I then asked since they do not have anyone there that could “teach” me, would I be allowed to “Learn” from an outside mentor (active investor) that may not even be an RE agent of any kind.Even though my intent was to only shadow this mentor and NOT have them actually write my deals, also I would have my broker review them before turning them in, I was told I am not allowed to “Learn” or shadow others outside of the brokerage.Now this seemed very odd to me, but from certain views I could understand why.
My questions:
What is your opinion on this situation? How should I proceed?
Since my objective is my personal F&F and F&H, should I stay away from standard brokerages like ReMax, West USA and so on?Should I be looking for a broker that only focuses on investments of their own, that is willing to bring on someone to mentor? Any help here is appreciated.
Can anyone suggest an active broker in Arizona (West Valley AZ) that fits this type of scenario?I do not want to hang my license at a brokerage that only focuses on resale of residential and commercials properties. If they are not able to help me learn and be active in my own investments, they will not be a good fit for me.This is the problem I keep running into.They all are just your everyday RE brokerage.
I am very eager to get started and have many abilities, but finding the right place to start as an Agent/Investor that want to learn has got me stuck.
I would be very grateful for any feedback the BP community can provide.