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Finding a sponsoring broker (real estate agent NYC)
Hello everyone,
I just passed the final exam for my real estate agent course. I'm scheduling my state exam but due to covid there's no available dates for that. I'm trying to find information as to how to get a broker to sponsor me so I can get my license. I'm very new to the real estate world and I know there are forums out there for real estate but I couldn't find one that answers my question.
So do I need to find a sponsoring broker before I take my state exam or after? Also, how do I find a sponsoring broker? Do I just google real estate broker and send them my resume and say that I'm interested in joining their team as a real estate agent? Is finding a sponsoring broker similar to find a job where you submit your resume to them? Or how does it work?
I'll definitely need training and advice since I am very new to this real estate world. Please help and any other advice is greatly appreciated as well!
Thank you in advance.
Most Popular Reply
Congrats on finishing your courses! In order to get a broker to sponsor you, you will need a real estate license first. But in some states you can get broker sponsorship before you actually take the exam. The best way to find out how this applies to you is to contact your state's licensing department directly and ask.
Once you pass your licensing exam you will likely receive hundreds of emails, text messages, and phone calls from brokers looking for an interview. That's where things get tricky. Finding a sponsoring broker as an agent is nothing like finding a job, it's actually quite the opposite. You should be interviewing the brokers to see which one offers the best opportunity and benefits for you. No broker will require you to submit a resume.
The best way to go about looking for a sponsoring brokerage is to research a few companies that seem attractive to you and has footprint in your area then reaching out to them to ask for an interview where you can then ask about how they can help you grow your business. As for training, finding a personal mentor is going to be crucial. Make sure to ask about training and mentorship programs when you are interviewing with potential sponsoring brokers.
Good luck on your exam!