With that being said, this gentleman charges a $4900 fee to make the bid on your behalf and also supervises any of the rehab work (if it is part of the strategy) I've never gone to an auction before so this is still new to me.  

i.e. without being on hand  to supervise the job?

If all you want to do is keep your license active, there are brokerage companies that will let you operate under them with minimal supervision and fees.States require a pre-licensing course, which is offered at community colleges, private RE schools, brokerage firms, and local Realtor chapters.

Your job is to supervise them.

Yes, we have good agents and bad agents but as you state they are supervised by their broker.

We've done many jobs together from full renovations to "make-readies" so I don't even have to supervise them.  

The Agent shall receive a project management and supervision fee equal to eight percent (8%) of the labor and material costs of any major capital improvement or major repair project, This fee does not apply to routine suite preparation and other routine maintenance/repairs.Again, thanks for all your help guys.Harvey

I want to learn more about REOs, Buying and Holding, House Hacking and Rehab projects.I'm originally from Venezuela, but I've been in the US for 15 years now, I just got my Bachelors in Business Supervision and Management, and I'm eager to learn something new everyday. 

This property is in an excellent location across from Walmart and has great potential with the right management in place.The successful candidate will need the following skills:1.Property mgmt and leasing experience.2.Apartment/mobile home upgrading and repair experience.3.Possess an understanding of home mechanical systems.4.Experience managing maintenance staff.5.Experience adhering to budgets.6.Experience preparing leases and related documents.7.Able to work with minimal supervision.8.Possess excellent communication skills.9.Be very organized, detail-oriented and proactive.10.Experience collecting delinquent accounts.11.Experience with computers and email.12.Professional appearance and attitude.Responsibilities of the Position include:1.Managing the property and onsite maintenance people.2.Communicating and cooperating with main office administrative staff.3.Locating occupied/unoccupied homes to move into the Park.4.Showing homes to prospective Tenants.5.Adhering to budgets and approving property expenses.6.Processing prospective tenant applications.7.Collecting rent and delinquent accounts.8.Overseeing property, home repairs and home move-ins.9.Handling tenant evictions and legal proceedings.10.Preparing leases.11.Implementing property marketing programs.

By working under a broker, you don't necessarily work for them as most agents are independent and do their own thing but you work under their supervision.