Looking for a Real Estate Firm or Two in North Carolina

[Cory Gray]

Hello,

I am a newly licensed Broker in North Carolina. I got my license to study the business and represent myself in my new real estate investing business. I am looking to join a firm where I can access MLS. I am not sure if my first purchase will be a multi-family rental in the Raleigh-Durham area or a vacation rental in the Topsail Island area. I know that involves two MLS so I am open to joining two firms if it makes sense.

Thanks,

Cory

 

[Cory Gray]

@Kobe Xin Thanks for the advice. Both MLS are in North Carolina. The one local to me requires your firm to be registered with it before the agent can subscribe. It is hard to get information on the other one but if a firm registration is also needed, I know my local firm would not be a member.

My hesitance around referring myself and collecting a fee are 1. I would not have access to the MLS but only what the agent sends me. I am analytical so I want to study the markets I am interested in AND gain insight from local agents. 2. I am hearing the firm I affiliate with will want (I know it is negotiable) 20% - 30% of the buying commission but if I refer myself, I would go from around 70% of the commission as the buying broker to around 25% as the referring broker.

Please let me know if I am incorrect.  I am here to learn so would love to hear what is possible.