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Finding investor friendly broker in non disclosure state
Ive used propstream to write offers for wholesale deals and just passed the RE test in texas.
I need your advice/recommendation on choosing an investor friendly broker to help get my license active and then get access to mls to have better resources to write offers.
what investor friendly company did you use when starting out in DFW or non-disclosure state? low cost, a simple monthly fee, do i need to create my own LLC to go with big name company? im aware that new wester, or myers homebuyer take a helfty amount of the assignment fee out of their agents and i dont want to join such. Some flat fee brokers ask you to perform at least an 7 (made up) amount of sales in a year and if you made only 3 sales, you'd be fined an amount of 4. flat fee, which is not ideal if you just do wholesaling deals in your first year.
I'd really appreciate your help and i hope we could connect and do deals together in future
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There are a million posts on this. The brokerage doesn't matter to you because you show no signs of actually wanting to be an agent. Any brokerage will let you hang your license, but you are likely a liability to them because you just want to use your license to make offers for yourself. Just choose the lowest fee since you have no plan to do agent business. But, PS, no one at any brokerage is going to help you when the fees are low so you will be on your own figuring out how to do it the right way.
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Agreed with Jonathan. You can find a cloud type brokerage that will be fine to hang your license.
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