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Updated over 8 years ago on . Most recent reply
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Wholesaling/Investing & Being a Realtor as Techies!...
Greetings BP!!!
I am new to the forum. I am a seasoned IT professional (UI/UX & Multimedia Design). Concentrated on interior architecture and communications arts/design in college and have an interest in investing and building equity through wholesaling then I plan to invest in flips, buy & hold and timeshares.
This has been addressed multiple times. I have read most of the articles. I have a few questions. Some may be loaded.. Any advice and networking will be appreciated!
1. As a wholesaler/investor I went through the process of studying the courses and passing the state and nation real estate exam. I wanted to get a better knowledge of the real estate industry so I could eventually use that knowledge to become a better investor/realtor.
I've been told to become active with an investor friendly broker and I think I have found one. What disclosures would I have to use and would the broker get a percentage of my commissions if it was found outside of his firm or since it is done under another company and I am going to be a realtor under my own fictitious name (LLC/S Corp) do disclosures about the brokerage have to be made? or just that I am a licensed realtor? I have interest in the property not acting as a agent. Does agency coupled with interest apply in any instances? OR should that just be avoided?
2. The brokerage I am thinking of joining is very tech minded and I am a seasoned IT professional. They allow flexibility and certain freedoms as well as access to multiple online tools as well as having access to MLS. I am basing this decision on my experience in IT (Web design, UI/UX, Social Media & SEO) and how it can lend to generating leads, branding and marketing. Are there any suggestions on firms that lend themselves to technology. I have spoken with a broker from EXP Realty and have friends that work with them that enjoy it and we will be forming and branding a team. Just doing my 'due diligence'. I came across and app for realtors called REAL. Anyone heard of this company/app? What is the best tech minded firm that allows flexibility and is investor friendly?
GOAL: Investor Friendly Realtor/Investor
Most Popular Reply
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Hi, not sure about REAL, but I'm with eXp and it is awesome! They are very tech savvy and always keeping up with the new lead gen platforms. Let me know if you have any questions. Thanks!
Terra