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Updated over 10 years ago,

User Stats

870
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664
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James Park
  • Real Estate Broker
  • Johns Creek, GA
664
Votes |
870
Posts

Deciding which state to get your broker license.

James Park
  • Real Estate Broker
  • Johns Creek, GA
Posted

In the last 10 years the population growth is moving to the south and to the west. The south and west grew 14.3 and 13.9% respectively in the last 10 years. compared to Midwest (3.9%) and Northeast 3.2%

The largest inflow states in the last 10 years are:

Rank Inflow net population

#1 Texas - 4,293,741
#2 California - 3,382,308
#3 Florida - 2,818,932
#4 Georgia 1,501,200
#5 North Carolina 1,486,170
#6 Arizona 1,261,385

If someone asked my opinion as to which three states I should I get my broker license in order to start a brokerage and invest in my back yard: I would say Texas #1, Georgia #2, Florida #3.

The state of Texas or California reciprocates with no other states which means that by having a Georgia broker license or a Florida broker license you will have to start all over in taking classes and the state exam to become a real estate agent in Texas or California.

On the flip side... someone who holds a broker license in California or Texas, can get a Georgia broker license without taking the state exam. Once you have the Georgia broker license you can then reciprocate with the state of Florida.