I need some advice being new in real estate

[Ruel Z.]

Hello everyone! I just passed the state exam last week, however, I don't know where to start in real estate. What do I need to know & expect from a broker or real estate company? How to choose a good broker? I would appreciate your advice or inputs even though, I have experience in the word "selling" since I'm doing life insurance as my part time job, real estate is different.

[Sanford Collins]

Hello Dzonic,

It really depends on what you want to do with your license.

If you want to do traditional residential sales, I recommend that you interview with 5 - 6 reputable brokerages in your area. As a new agent, you should select the brokerage that offers you the best training and support. Do not be overly concerned with commission splits for your first brokerage. The training is most important! If you don't learn to list homes and find buyers you'll be out of the business quickly.

If you only want to use your license as an investor then I suggest you create a post on bigger pockets "Looking for an Investor Friendly Broker" and go to your local REIA clubs and tell people you're looking for a broker that allows their agents to invest, wholesale and write their own offers. Most big name brokerages will not allow you to do a lot of the things investors generally do, so it is critical that your broker is on board with the strategies you pursue.

Good luck!
Sanford