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Updated 5 months ago,

User Stats

5
Posts
2
Votes
Jake Doty
2
Votes |
5
Posts

Sponsorship for Real Estate Salesperson License in Minnesota

Jake Doty
Posted

Hello,

TLDR: I need a brokerage to sponsor me for my MN Real Estate Salesperson license

I am new to real estate investing. My current strategy is investing remotely in low cost properties in Detroit, renovating them to bring them to a rentable state, and then selling them to other investors. I am working with a program that helps me do this; otherwise, I would not be comfortable investing remotely. As I gain experience and confidence, I plan to start replicating the process here in the Twin Cities (Minnesota). The market here is not quite as hot for this type of thing, but I'm looking to establish a long-term business. And sidenote, even though I'm new to real estate, I do have 25 years of Corporate Finance experience, so have a little bit of a clue about some things. :)

So, the question is, are there brokerage firms who sponsor licenses for people like me? I don't have any intention of doing the traditional "realtor" role. I just want my license for the access it gives me to data and the savings it gives me on transactions. Sure, I may do deals for family and friends here and there, but that's not the main point.

Can anyone advise on whether or not there are brokers who are supportive of this and if so, any you would recommend in Minnesota?


Thanks!

Jake

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