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Updated over 4 years ago on . Most recent reply

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Tim Steed
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Hanging my brokerage license

Tim Steed
Posted

I just reactivated my real estate brokerage license. Does anyone know of a firm I can hang it at if my primary objective is gaining mls access and brokering my own deals (primarily flips)?

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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

All investors say that's all they want to do, but what if your parents want to sell their house or your best friend wants to invest or your friend wants to buy a mansion. Are you going to represent them or let them use Bob Q. Realtor of EZ-Money Real Estate? Don't think so small with your license as an investor. If you want an investor-friendly brokerage, your most important metric is how many personal deals they allow per year. This is why some of us are at eXp, but there are plenty of other options depending on where you are and what you want. Ideally, if you just want to invest, you won't want a big box with training and offices that you have to pay for. Either a cloud model or a mom and pop, but mom and pop often have low splits. Ask all brokerages how many personal deals you can do a year. 

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