All Forum Posts by: Dan Schweit

@Anson Young

Appreciate the response, was hoping to get some more responses to this question. I know some members have it all figured out, and have quick access to very in depth information in this area. Let’s hope someone else helps us out. Let me know if you figure out where you were going for this info.

Was hoping to get some good advice on where people are going to compile data on specific markets/cities?? Population growth, job growth, demographics. Is there a site or two that you guys find valuable and rely on?

@Keith Truong

Hi Keith,

It really depends on what financial situation you find yourself in to start (savings, job income). These numbers are going to dictate the best direction for you, especially in this market. It’s expensive here. And a lot of the plan b options that you can have as backups in other markets will not work in this market. So if you can paint a bit more of your financial picture, you can get more advice specific to your situation.

@Charlie Cameron

This is the best if both worlds. I will dig in to whether this is an option with the current opportunities I have available. Is this a typical situation while working with a team, or a something you negotiated for yourself??

Thanks for the reply Brian,

I am the self starter, outgoing, public speaking type who does have a solid ability to make connections wherever I go. So I have no doubt that solo is a good fit for me. If you see my above post, I am also an investor of many different types, including RE. I like the idea of the networking opportunities that come with a team and a bigger brokerage. Im just not sure the solo option with a smaller brokerage has the same opportunities beyond the retail sales. It seems in my locale that the bigger brokerages push the team route, have larger offices with lots of people in and out, and throw lots of events. And the smaller ones are smaller offices and less co-working.

Im confident I can handle every aspect of the business myself, I have been a successful small business owner for the last 15 years owning up to 3 businesses at once, but am transitioning out those. I am also a RE investor. I guess to take it to another layer, I look at the "team" option as a way to expand my network and investing opportunities, and to help people buy and sell. I just like the idea of waking up every day with RE and going to sleep the same way, whether its my own porps or a client. It seems like the bigger brokerages like to funnel new agents through the "team" option to start. I sat with the owner a local Remax last week, a very successful guy that has his hands on tons of stuff. I like the idea of being in rooms with guys like this and being in these circles. It seems the solo agent option will get me more money, but will it offer the same "business" opportunities??

@Rob Massopust I have no experience on the retail side of real estate. I have been an investor over the years. By "joining a team" im referring to joining what seems to be a lead agent who has agents working under him/her as part of the "team", as opposed hanging my license with a broker and working for only myself in creating my own brand/business. This working for a team option seems to be pretty common place in my neck of the woods these days. 

What insight do you have on these options? Is it best to join a real estate team, or start out as a solo agent?? 

@Ehsan Rishat

Thanks for the reply. I plan on attending as many meetings as possible to build the knowledge base and network. 

Glad you were able to get back on track, sounds like a stressful several weeks. The other pics of the project on you other post look great, good job. I sent you a PM btw if you have time. Good luck with finishing up!