What should new RE agents consider when choosing a broker company

[Mia Chatman]

I am ready to apply for my Indiana real estate license and I just wanted to ask what would be some of the considering factors when choosing who to have hold your license?

Whats the difference between being a licensed real estate agent and a wholesaler. Is a license really nessicary these days to make money in real estate or is it just a means to have access to the MLS?

I know a few people getting paid nicely just to wholesale and work mainly from assignment contracts. Some times its just in the wording of the contact where they are just getting a couple of thousand for a 'Marketing fee' or just charge an 'assignment fee' Is this illegal? 

I am getting a license because ive passed the broker course and state exam but I have to put it with a company and i dont know really what to consider with how brokers come up with commission splits. 

HELP :)

Thanks!

[Shawn Holsapple]

Mia - I would suggest interviewing several brokers that are investors themselves and/or at least that work with several.

You'll want one that is also flexible on letting you do your own thing and not force you to be on phone duty, floor time and open houses [shiver!].

Wholesaling without a license is perfectly legal in Indiana [for now].  Ohio is working very hard to stop it and might have already passed the law.

Feel free to PM for some suggestions on some brokers to have a chat with.