RE (Investor) Agents - Which brokerage do I choose?

[Dirk Fisher]

Hello! I just renewed my Florida RE license today and recently relocated to Gainesville and am planning on finding a brokerage to hang my license at. My primary goal of having a license is to use it to my own advantage as an investor, rather than making a living as an actual RE agent helping to buy/sell homes. Granted, if friends/family want my assistance I'm not going to turn them down.

That being said - as an investor with a license - what types of brokerages do you look for? Does it depend on what type of investing you're wanting to do? Does it matter if it's a brokerage in the same city? What criteria do you look for? What kinds of questions should I be asking?

Thank you!

[Kyle Bergren]

Dirk, it really depends on the level of assistance you want and the volume of deals you do. As a fellow Investor/Agent I use a low cost brokerage, like Equity, where you pay a small flat fee per transaction.  Equity charges $400 per transaction if I remember right. Thats a lot better than normal 80/20 split at full service brokerages. One important thing to investigate is the automated services your brokerage will provide to you for those fees. Having things like premium access to docusign or automated form generation services is a force multiplier when shooting offers out.