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Updated about 12 years ago,
For those of you with a Broker license, what are the advantages / disadvantages as an investor?
I am thinking about starting my own brokerage but i am not sure what the costs are every year or if it makes sense. I am looking to use my license for investment purposes and also to help others buy and sell their homes. For those you who have a broker's license, what are the advantages or disadvantages of starting your own broekrage compared to hanging your license with a low fee broker?
The detailed paper work required my low fee broker is very extreme and many agents who hang their license with this particular broker are not happy about this. The other option for me is to hang my license with Keller Williams.
I am 100% certain that i want to be a real estate investor, but sort of exploring the path of working as an RE agent so see if i like it or not.