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Updated over 9 years ago,
Newbie RE Agent to Interview Brokers Next Week
My wife has just earned her RE license and will be interviewing brokers next week. Our plan is for her NOT to become a traditional real estate agent long term, but in order to generate some income to invest she will be playing that role short term. Below are some of the reasons we decided for her to become an agent with a bit of help from J. Scott and his book on flipping houses.
1) solidify our commitment to real estate and learn the business
2) earn extra income for investing and save $$$ when we buy and sell
3) have full access to the MLS to make our own offers and run comps
4) have more control of our deals
We will be focusing on buying, rehabbing and selling SFRs short term. Then we will be switching to more of a buy and hold strategy long term.
What are some specific things we should be looking for in a broker when we have little experience and could use the education, but want the flexibility to be investing as well?
Any advice is greatly appreciated!