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Updated about 7 years ago on . Most recent reply
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Becoming an agent for own deals only near Philadelphia, PA
I am probably going to sound naive here, but I have thought about becoming a RE agent so I can handle my own showings and deals. (don't want to lose deals due to slow agent response due to THEIR schedule.) I talked to one brokerage and I simply am not interested in having a job with a boss and sales meetings/quotas. I already have a part time marketing communications business (Self employed so flexible) and part time real estate investing business.
What is the disadvantage to a broker taking on someone like myself for only a handful of deals a year? And would anyone be interested in that relationship?
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Hi @Jocelyn Canfield, it's funny you mention this today. I was just talking to @Charles Patterson about this in another forum post I wrote a few months ago. Here is that post and I hope it helps you too:
Hi Chad,
I hang my license with a company called the Virtual Realty Group. They are (as the name states) a virtual office that basically has a sponsoring broker in each state and fulfills all the legal requirements but that is it. They give you signs and business cards and some marketing assistance but you are mostly on your own if you were trying to do any retail buying or selling. With MLS access, I pay $700 a year total to hang my license there. Then they charge $375 per transaction regardless of amount. Very reasonable.
Give them a call. I definitely recommend it.