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Updated almost 8 years ago on . Most recent reply

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8
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Alec Williams
  • Investor
  • Lafayette, IN
2
Votes |
8
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Starting Real Estate Company Without Being a Managing Broker

Alec Williams
  • Investor
  • Lafayette, IN
Posted

Looking to the BP community for some advice. Our company has been investing in real estate property for some time now and I decided it would be best to get my Real Estate License. It's been a goal of mine to open up a real estate brokerage company that specializes in investments, however I'm not the most patient person. What I've learned is that in the state of Indiana (where I invest and hold a license) you have to have your license for 2 years and pass a Managing Broker course to own a real estate company. I've looked into different ways to get around the 2 year wait period but wanted to see if anyone has tried any angles to speeding up this process.

I'd love to own the company so that I have control over my brand and practices. I've looked into appealing to our commissioner, partner with a managing broker in the business, and other avenues but am open to an advice. 

Any and all help is much appreciated. Thanks in advance for all your time!

Most Popular Reply

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17,434
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30,085
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,085
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17,434
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

I dont know Indiana law....but the owner of my brokerage is not the broker of the company. So perhaps you can hire a managing broker. 

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District Invest Group
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