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Updated over 7 years ago on . Most recent reply

User Stats

319
Posts
153
Votes
Larmon Cummings Jr
  • Flipper/Rehabber
  • Chicago, IL
153
Votes |
319
Posts

Seeking Investor Friendly Managing Broker in Northwest Indiana

Larmon Cummings Jr
  • Flipper/Rehabber
  • Chicago, IL
Posted

Hey BP Community,

I am currently a licensed RE agent in IL and am looking to expand my business into NWI starting the beginning of next year. I will be taking my state exam next month since there is reciprocity,  and am looking for an investor friendly brokerage to hang my license with. Any suggestions? I am seeking a brokerage preferably with a flat fee per transaction business model similar to my current managing broker. I have no intentions on being a traditional broker, and do not want a broker that will require me to put in office time, attend office meetings, etc. I am currently an IN resident near Hammond-Highland Area who primarily works remotely, so being required to be in an actual office wouldn't fit what I am looking for. If you know of any brokerages with a flat fee per transaction or 100% commission, maybe a monthly fee, set annual fee for E &O coverage, then that is something I would be interested in checking out. I primarily wholesale properties in addition to rehabbing, so if the brokerage is not familar with these strategies, or has biases against said strategies, then we would not be a good fit. Last year I did about 15-20 retail transactions, this year I am on pace to hit close to 50, so I do generate a decent amount of business. If anyone knows of a good fit please let me know. Thanks in advance. 

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