Real Estate License

[Brandon Collins]

I have finished the 63 hr course Florida requires to get your Real Estate License, got finger printed and applied for the license. Once I take and pass the exam how do I go about finding a Broker to work under to activate my license? My goal is to flip houses and I just want access to the MLS without having to rely on a real estate agent. What kind of deal would a typical Broker make with me in this situation? Would I pay a monthly fee, pay a commission on each house, or both? How do I approach broker?

[Adrienne Rammohan]

Hi Brandon!  There are ALL kinds of brokers with a million different splits/fees/value propositions.  I'd recommend sitting with at least 3 brokers to find out what their structure is, how they handle errors & omissions insurance, training, what kind of legal/broker support they have in place for a new licensee.  

I put an earlier article below so you can take a look--you might also try adding your location to your post and networking with agents on the forums in your area (usually agents are the best way to identify the kind of brokerage you're looking for--because they understand how their office is run, the positive/negatives aspects, quickness of getting paid, etc.).  Hope that helps!

https://www.biggerpockets.com/...