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All Forum Posts by: Rhonnie Smith

Rhonnie Smith has started 1 posts and replied 2 times.

Post: Former Realtor looking to only purchase personal investments

Rhonnie SmithPosted
  • Rental Property Investor
  • Richmond VA
  • Posts 2
  • Votes 2

Thanks guys for the clarification on eXp. I suppose you can't avoid the NAR. Don't get me wrong, I understand Brokers wanting agents to join. It holds us to a high standard of integrity in our business dealings. But jeez it feels like robbery!

If anyone else is wondering the same question - I’ll add that I counted the cost of my Real Estate fees against the number of deals I’d like to do in the next year. For me, it will be cheaper to pay my colleague to hunt for homes and write the deals for me. I also stand to receive a small referral fee through my old broker. 

So maybe I’m better off to stay inactive. At least I know the mechanics of the business. 

Post: Former Realtor looking to only purchase personal investments

Rhonnie SmithPosted
  • Rental Property Investor
  • Richmond VA
  • Posts 2
  • Votes 2

I often hear other agents brag that their broker doesn't require them to join the Realtor association. Can anyone share some advice on how I can transition into a company solely for personal investing? That means I can keep my real estate tools (MLS access, contracts, lock box access) without being pressured to produce for my company or maintain Realtor status.

I'm aware of EXP realty but who else is out there? I'm in the state of Virginia.