Passed my NYC Real Estate Sales exam & looking for a Brokerage
I just passed my exam and I'm looking for a brokerage.
I'm an investor myself and I'm really looking to work somewhere that will allow me to focus on selling bank owned properties, foreclosures, short sales etc as I would like to sell those to other investors in the NYC area or perhaps purchase some myself should the right one come up.
Are there specific Brokerage companies I should look for that specialize in this or can this be done with any brokerage?
I also need to be flexible as this will not be my 9-5 at this point in time.
Any advice would be greatly appreciated
Most Popular Reply
I am a fairly new agent, just under a year. I did a ton of research before choosing a brokerage. After running the numbers (splits/fees/etc) and interviewing the 7 major players in my market I ended up going with Keller Williams. The tipping point with KW vs other brokers flipped at roughly $3m in sales per year when your fees are capped. Their support systems and training programs are incredible. I felt like they provided a lot of value for their split. Other brokers provided some value but didn’t cap while others gave 100% but didn’t provide much value... how could they? It’s usually better to get 80% of a large number than 100% of a small number.
That being said, the local leadership at each office is key. Go interview with your largest local KW, Remax, Coldwell Banker, Century 21, and any large (1000+ agent) regional brokerages. You will know the right place when you talk to them. It will feel right. No pressure but If you want to have a KW team Leader reach out to you I would love to make a introduction.