Choosing a broker to hang license

[Alan L.]

Hi!

I recently passed the salesperson exam and was wondering if anyone has advice on choosing a broker to hang my license with. I'm currently aiming to flip properties in CA and I really want to save money on paying the realtor commissions. I also want to be able to use their MLS access so I can look at properties on my own time. So my questions are the following:

1) What are the pros and cons of joining brokers who charge a fee for each listing I want to put on MLS?

2) How exactly would it work for someone like myself to flip a deal as a licensed investor? (if someone could explain this process to me or provide me some article that would be extrememly helpful.)

[Joel Owens]

Well I actually disagree to a point on there is not strategy that is or is not allowed if licensed.

There might be deals that are structured legally but not seen as ethically and if you belong to NAR that could be a problem.Also real estate commissions usually hold licensees to a higher standard as we have been trained on contracts and also must use full disclosure.

An unlicensed investor can claim ignorance on a bunch of things related to buying and selling properties.

Alan you say you want to flip but do not speak of any experience.If you want to hang a license and have zero experience that is a headache for a per transaction broker and a bunch of liability.

I have just reduced down the number of agents I have because they take away from me doing deals and are a huge headache.

There needs to be a better reason to be an agent than to only just save on commission.