Brokerages for New Investors?

[Alyssa Hughes]

I’m graduating college this December and I’m looking at getting my real estate license to help me save on commission while investing in the future. I’m not really interested in buying and selling as a full time gig, so I was wondering if there are special brokerages for new agents to work under while learning the investment (paperwork) ropes? Or would I need to actually buy/sell for clients for few years before I can simply work on my own endeavors?

Thanks.

[Jonathan Greene]

If your main goal is to use it to your own investment advantage, there are some main considerations to weigh. How many personal deals will your brokerage allow each year? A company like eXp allows 3 and also discounts more. A company like Sotheby's only allows one. You want a brokerage that will allow as many as possible, but you also have to realize if that's the only way you will use them, not many will be interested unless there are some fees in it for them somewhere.

I would also say to you as I do to all investors who get their license, why say you won't use it for retail. What if your best friends wants to buy a $500k house. What if your parents want to sell their house? Do you want them to use a random agent from the area or you? We train our investor/agents to position themselves to use their license efficiently and for max gain. I hope that helps.