All Forum Posts by: Philip Klinck

All the big builders around here do not do it that way. They pay 2-2.5% and you can only sell their homes. If you want to sell somewhere else you have to work for a brokerage.

Yeah, I guess I was more just thinking out-loud here.

Many of the larger builders around here require that you work exclusively for them. The smaller ones will probably just make you their exclusive agent. But, they usually get experienced agents to do that for them.

I guess it really depends on how quickly he wants to generate income. I want to give him good advice but don't really know how to answer his question either.

Also, from what I can tell there is a disparity in average home selling price between builders and brokers. The average existing home price is $158k and the average new home selling price is $240k in my market.

I have had my license for 3 years since I worked for a builder. I have since opened a business and done well. My brother wants to sell RE for a local builder that is selling huge Squ/ft for cheap and selling well. He has a 6 figure income and wants to replace that. He is trying to decide builder or broker. If he goes broker I know he will need to do some marketing or some kind of lead generation. But, with a builder people walk right in the door and you have inventory to market. He is a very aggressive sales person.

So with that said what would you do? Builder or Broker?

5 year is even better. The sooner you own it the higher your cash flow and the more you have to invest into your business. Or at least that is how my non-real estate business works.

Im in the Upstate of SC. There is a very active group here in the upstate. I have just started thinking about jumping into the RE market.

How did this end up?

Whole Life is Horrible. Get a self-directed IRA and term-life. You will come out way better.