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Updated almost 9 years ago on . Most recent reply

User Stats

25
Posts
5
Votes
Sharaya Rutherford
  • Real Estate Agent
  • Grovetown, GA
5
Votes |
25
Posts

Interview with Broker

Sharaya Rutherford
  • Real Estate Agent
  • Grovetown, GA
Posted

Hey everyone,

I am finishing up my licensing course online to become a Georgia real estate salesperson. I wanted to know, how do I go about getting a broker?

Is it like a interview process? Do I have to go into an office with my resume in hand?

Also, when should I start talking to possible brokers about employment? Should I finish the class first or go to them now so that I can immediately start working after I take the test?

Thanks for your time!

Most Popular Reply

User Stats

20
Posts
8
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Robert Zuniga
  • Charlotte, NC
8
Votes |
20
Posts
Robert Zuniga
  • Charlotte, NC
Replied

Sharaya,

A few more thoughts ... licensed in North Carolina...working the Charlotte Area.

You're an independent service provider (contractor) looking for a place to "hold" your license...

From an investor perspective.....my business model is NOT focused on Retail Buyers and Retail Sellers....this changes everything.....

Let me explain...

1. commissions....I'm at 90-10 from day 1.... otherwise you're giving your money away.

2. training...for what? make sure it works for YOUR business model.

I am....actually my partner (wife)... is my best client ... 

I'm looking for deals..for my best client...first...and then for others if I can't perform.

Why does this make a difference? 

This is one of the key differences between a retail agent/broker/REALTOR and an investment savvy agent/broker/REALTOR.

Here's the thinking....

Who is the best ($$$) agent in any Realty Group.......the agent with the most listings....

So....if the agent with the most listings is the best ($$$) agent ... then I need to have a lot of listings....

ok...

wait....

I'm an Investor....

I am a buyer....

I buy properties...

and then I sell my properties....

I create my own listings.....

I'll repeat this....it took me awhile to fully appreciate this...

My goal is to create my own listings and be on both sides of the transaction (buy/sell) getting compensated twice for each listing.... 

examples:

My best client "buys" ... "sells" wholesale

My best client "buys"...rehabs...and "sells" at retail.

My best client "buys"...rehabs...and "rents" needing property management.

So the question to ask any firm you want to "hold" your license with is...

What is the policy for buying and selling your own properties..effectively creating your own listings?

My personal goal in 2016 is to do at least 12.....one per month...

So even though you are an independent contractor....most "big" agencies actually penalize you for this entrepreneurial activity and most in the real estate business just "don't get it"....

I believe the goal is to control the process as much as possible...

"Be the Buyer"...and..."Be the Seller"...

Your thoughts?

-Robert

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