[TX] Just passed my RE Sales Agent Exam!! Broker Recommendations?

[Account Closed]

I sat for the Texas and National portion of the Sales Agent Exam this past Friday and passed! I am a full-time W-2 employee looking to transition to RE Sales Full time next year. I need to choose a Broker and so far are leaning towards Keller Williams. Besides KW, what other brokers would you recommend hanging my license with and why? 

[Danny Webber]

KW is not terribly investor friendly when looking to do creative -1 off deals from what their agents have told me. I assume it is from a liability standpoint.  I would look for an investor friendly broker/mentor in the area. KW is a good place to learn retail RE for sure and has a positive team setting from what i am told.

BL- do you want to focus on retail or investments in RE.

Also, transitioning from a W2 to FT RE in 1 year is a big stretch...... You will not be able to replace your W2 income in 1 year without some serious work which is usually not possible because you have to keep working your W2 job in the interim. I know plenty of people that just quit their good paying job to jump into REI or RE full time only to have to go back.

This industry is not set up statistically to quit your day job and do this full time from one day to the next. It takes time to build up clients, referrals and repeat business. Do not get unmotivated by this just do not believe everything you read or watch in regards to success stories. 

Also, the moment you quit your W2 you will have a much harder time finding financing for investments... 

I suggest mapping out some milestones before you quit like:

1. money saved= X

2. properties purchased= X

3. Closings scheduled= X

4. monthly expenses= x

+ more