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Updated almost 8 years ago, 03/28/2017

User Stats

922
Posts
533
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Jim Goebel
  • Real Estate Investor
  • Des Moines, IA
533
Votes |
922
Posts

Investors getting Real Estate License to Purchase - Questions!!!

Jim Goebel
  • Real Estate Investor
  • Des Moines, IA
Posted
  1. How does the technology work - can we just drop by and get access to a listing with eKey without calling or requesting a show time? What is the usual method? We typically buy distressed REO properties so they are vacant. I'm a little familiar with the 'request a time' technology because I FSBO'd a listing.
  2. If Rachel (wife) gets her license can I work as an agent assistant and get access to properties? What about putting in offers?  We are considering which of us is the better person/fit to get the license.
  3. How do we go about finding brokerages that would be in line with what we have to offer/etc? I'd assume some brokerages would be perfectly fine with having us under their wing if they got some % cut of the buyers' commission and don't have to do much of anything.  We did about $450k in purchase prices last year and closed on 6 properties.  Are geared up to continue/grow, too.  What is a fair/competitive offer for % of the buyers' commission that we'd share?
  4. If we disclose early on to a broker that we would like to start our own brokerage down the road would this be a positive/negative, or what?  What advantages would we have in doing this?

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