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Updated over 6 years ago,
Can a team work for a broker instead of individual agent(s)?
Hello,
I tried to find info on this topic online, but didn't find anything. It's a unique(?) situation, so please bear with me.
Me & my business partners already own few non-RE businesses. All of them work like well oiled machines - we work great as a team. We know that we will do great in RE as well.
We want to venture into RE world and apply the same "model" : we want to work together as a team. Ideally we would want to open brokerage, but we're unable to do it right now - CT requires 2 years of working for a broker before we can open our own brokerage.
Does any brokerage work with companies instead of individuals? I know that KW is quite flexible, but we haven't reached out to them yet. I figured I'll ask here first, so at least I know what questions to ask them.
We formed a company (named OurCompany for example) and we have 3 agents. The ideal situation for us would be this: All 3 agents start working for a broker (let's say KW) - preferably all in the same office. Once the deal is closed KW pays OurCompany (not that individual agent). Is that possible?
I guess what I'm trying to ask is: How can all 3 of us work as a team of agents for a brokerage, so the team(OurCompany) gets paid, not an individual agent?
How does picking a broker work? If 3 of us walk into KW office, will we be able to start working with them? Do they just allow any agent to join them, or is like an interview process that you they can say "we don't want you"? Do they have limited # of spots available?
Thanks!