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Updated about 5 years ago on . Most recent reply

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6
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1
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Zaid Ahmed Khan
  • New to Real Estate
  • Santa Maria, CA
1
Votes |
6
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New Agent in Central Coast, CA

Zaid Ahmed Khan
  • New to Real Estate
  • Santa Maria, CA
Posted

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

User Stats

1,409
Posts
776
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Ellis San Jose
  • Rental Property Investor
  • Westlake Village, CA
776
Votes |
1,409
Posts
Ellis San Jose
  • Rental Property Investor
  • Westlake Village, CA
Replied

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.

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