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Updated about 5 years ago on . Most recent reply
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New Agent in Central Coast, CA
Hello,
I am a recent UCLA graduate and I have always been interested in Real Estate investment as a long term plan to create a long-lasting business for my family. I am quick to learn and dive in headfirst into my passions.
I just finished my prerequisite classes for the salesperson exam and have submitted my application. I wanted to make the first post here today to hopefully receive any advice for a new real estate agent.
A brokerage in town reached out to me and would like to hire me once I have my license. They have given me two options and I would like the help/advice/input of bigger pockets members to decide which option I should take:
1. Work underneath a partner broker in the company who will completely guide me through my first few months as a real estate agent (marketing, prospecting, showing, sales, customer relationships, etc.) But the caveat to this option is that I would receive somewhere in the neighborhood of a 60-40 or even 55-45 split on commission.
2. The other option is to work underneath the managing broker directly with much less guidance and left to my own devices to figure out what I should do to be a successful real estate agent but with the upside of a 90-10 commission split.
Any advice/input would be greatly appreciated. I look forward to being active on bigger pockets and hopefully meeting like-minded individuals to learn from.
Thank you!
Most Popular Reply
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If you have zero experience, work for a partner broker who has a business model you would like to emulate. You are getting paid to learn. Going on your own is more lucrative, but without a proven plan or systems in place you have a high likelihood of getting frustrated and failing.