Is there a best broker to get you license through as an investor?

[Andy Sturm]

I have already completed the education portion to obtain my Ohio real estate license. Now I am interested in becoming sponsored by a broker. Are there any specific brokers that are more friendly to investors? Is it typical to negotiate commission percentages?

I don't want to be an agent for hire and wont be pursuing clients. I hope to buy at least 4-7 houses a year for at least the next 2 years. Is that amount too low? Would a broker not be interested in that? I would think that broker would want as many agents as possible, so they could potentially have more sales and more commissions. Although I don't know what kinds of cost they incur by sponsoring an agent.

Thanks in advance for your help!

[Jon Deavers]

Your best bet would most likely be to search local listings for local firms and property management brokerages. A lot of brokers may be hesitant to bring you on board if you don't plan to be working listings/buyers as a primary focus (at least to get started). The big investments on the broker's part for hanging your license would mainly be in education provided and the assumption of liability for your deals. 

Remember that when selecting a broker to hang your license, you are conducting the interview of that broker and their firm as much as (or more than) they are interviewing you to determine if you're a good fit for them. Write down a list of questions and talking points that outline your goals and be open and honest with the brokers during the interview phase. Taking the time to talk to multiple brokers in order to find one that will fit your needs and help you accomplish your goals is a big investment that will save you lots of trouble in the future.

Congrats on completing your pre-licensing education and good luck finding the right firm. Cincinnati is a big town and there's bound to be a perfect match for your goals in the area.