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Updated over 9 years ago, 05/28/2015

User Stats

1,400
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899
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Troy Sheets
Pro Member
  • Developer
  • Philadelphia, PA
899
Votes |
1,400
Posts

How to find a broker to work under in Philadelphia?

Troy Sheets
Pro Member
  • Developer
  • Philadelphia, PA
Posted

I just completed my 60 hour course to become an agent and have passed the online test, the next step is taking the PA proctored exam. Before I can do that, I need a Broker to work under. I know a few agents and I'm sure if I were looking to be a typical agent I'd have no problem finding a broker, however, I'm more interested in my own deals. I want to be able to get in first, buy for myself, etc. I doubt I'd ever list my own properties as I wouldn't be as responsive as a (good) full-time agent that was available during the day.

How do you find a broker that works with part-time agents that are also investors? Your thoughts and ideas are appreciated. 

  • Troy Sheets
  • User Stats

    177
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    80
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    Mark Redmann
    • Investor
    • Philadelphia, PA
    80
    Votes |
    177
    Posts
    Mark Redmann
    • Investor
    • Philadelphia, PA
    Replied

    I'd like to know as well! @Troy S. what did you think of the course? Where did you take it? I'm interested in getting my license for the exact reasons you are.

    User Stats

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    James Wise#1 Questions About BiggerPockets & Official Site Announcements Contributor
    • Real Estate Broker
    • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
    18,861
    Votes |
    27,789
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    James Wise#1 Questions About BiggerPockets & Official Site Announcements Contributor
    • Real Estate Broker
    • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
    Replied

    @Troy Sheets 

    contact a few and interview with them. I think you will be pleasantly surprised how many are going to want to work with you.

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    Account Closed
    • Investor
    • South Jersey, NJ
    22
    Votes |
    338
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    Account Closed
    • Investor
    • South Jersey, NJ
    Replied

    Great luck, I wish we had online classes in NJ.

    User Stats

    2,006
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    357
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    Raymond B.
    • Florida
    357
    Votes |
    2,006
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    Raymond B.
    • Florida
    Replied

    @Mark Redmann,

    To Make the @ work do the following:

    Hold down the shift key and type the following: @?

    Look below this Window, and you will see a list of list of names of people who have posted in this thread.

    Click on the name of the person that you want notified via an email that you responded to them.

    If you are a Colleague with anyone that has not posted in this thread, and you want them to see your post, hold down the shift key, and type the @ and the first 4 letters of the first or last name.

    Look below this Window, and click on your Colleague's name.

    They will be notified via an email about your post in this thread.

    Raymond

    User Stats

    143
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    19
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    Ralph Pena
    • Rental Property Investor
    • philadelphia, PA
    19
    Votes |
    143
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    Ralph Pena
    • Rental Property Investor
    • philadelphia, PA
    Replied

    I work part time as an agent,  invest in my own properties,  wholesale,  and work a full time job at Septa.  I'm a kw agent out of Brynn Mawr. 

    As long as you're paying your monthly fees and abiding by the pa real estate laws.  Your your own boss. 

    User Stats

    27
    Posts
    3
    Votes
    Doug Silverman
    • Wynnewood, PA
    3
    Votes |
    27
    Posts
    Doug Silverman
    • Wynnewood, PA
    Replied
    Originally posted by @Ralph Pena:

    I work part time as an agent,  invest in my own properties,  wholesale,  and work a full time job at Septa.  I'm a kw agent out of Brynn Mawr. 

    As long as you're paying your monthly fees and abiding by the pa real estate laws.  Your your own boss. 

     Ralph do you have kids? married? how do you find time? 

    User Stats

    143
    Posts
    19
    Votes
    Ralph Pena
    • Rental Property Investor
    • philadelphia, PA
    19
    Votes |
    143
    Posts
    Ralph Pena
    • Rental Property Investor
    • philadelphia, PA
    Replied

    yes i have a family. It's hard I just do, it's something I really want so I make time for it. No simple way to explain it.

    User Stats

    115
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    40
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    Ryan Koehler
    • Arlington, VA
    40
    Votes |
    115
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    Ryan Koehler
    • Arlington, VA
    Replied
    Originally posted by @Mark Redmann:

    I'd like to know as well! @Troy S. what did you think of the course? Where did you take it? I'm interested in getting my license for the exact reasons you are.

     Mark - For Pennsylvania, I've found that Real Estate Express is a great option for taking the required classes, tests, etc. The course is extremely well organized and clear as to your progress in getting your license. Hope this helps. 

    https://www.realestateexpress.com/

    User Stats

    30
    Posts
    15
    Votes
    Luis Rosario
    • Philadelphia, PA
    15
    Votes |
    30
    Posts
    Luis Rosario
    • Philadelphia, PA
    Replied

    @Mark Redmann: Temple University also has a great real estate course online and in person. I took two online courses for a total cost of about 440.00 and I also found the courses very useful

    Here's the link:

    http://www.temple.edu/tucc/prodev/REI/

    User Stats

    30
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    12
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    Jason Shellaway
    • Real Estate Agent
    • Gilbertsville, PA
    12
    Votes |
    30
    Posts
    Jason Shellaway
    • Real Estate Agent
    • Gilbertsville, PA
    Replied

    Like James Wise mentioned above.  Start calling around and getting to know how they operate, commission splits, what fees they require, learn what they will supply you with and what you're responsible for on your own.  I will say being with KW, the training they provide is outstanding.  It's funny how the classes kind of have nothing to do with actually performing operations as an agent.  PM me if you want more info, I'd be glad to help.  Good luck!