Orlando Real Estate Forum
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply

New Agent, Looking For Investor/PT Brokerages To Hang License
I am a new agent, passing the state exam last week. I have not found a brokerage to hang my license yet because I haven't found what I am looking for yet. My main purpose for the license is to flip houses and save on the commission, while also showing houses on nights and weekends. I have a professional job that pays well and have no interest in leaving my company, as it will also be funding my ability to invest in properties in the early going.
I have met with large name companies like Keller Williams and very small brokerages with little recognition, if any. The large names like KW take a decently large split of the commission plus have start up fees, and the monthly fees. I wouldn't mind the startup and monthly fees if they did not also have hundreds/thousands in annual fees. The small brokerages, while financially flexible (only taking $360 off the top, no split, low monthly fees, etc) are very unprofessional in their websites online (errant spelling, colloquialisms, etc). Is there anything in between or is it really just go with a large name that provides everything and you pay a ton, or a no name that provides nearly nothing but you keep your commission?
I am looking for a brokerage that will provide support from a technology/agent personal website point of view but still won't take ~40% of your commission. What mid level brokerages have you all found? I live in Longwood and am interested in brokerages in the Longwood/Altamonte/Lake Mary/Apopka area but would expand for the right brokerage. I appreciate your time.
- Scott Alfano