I am trying to start a Real Estate brokerage here in the US.

I'm not sure what they charge for someone independent as it is included along with a marketing program and a contact managing program through my brokerage, Keller Williams.I took a look at the Yardi website and that looks way out of my league.

I was trying to keep my initial post concise, but realize now based on some of the questions and suggestions that I ought to have provided the backstory: I called the listing brokerage on this place a few weeks ago when it came back on the market.

I have no direct contact with the listing broker/agent.

Trying to blindly "time" the market is a mistake and is speculation, not investing.Also using this method through an online brokerage will minimize your management fees (vs. going through a financial adviser)

Having money and making a loan may put you in the position as a lender/note holder. but having money to loan does not make you a lender or using other's money might have put you in the position as a broker, but that in itself doesn't make you a mortgage broker unless you have met the compliance issues of a brokerage operation.With you suggesting soliciting fundss as you did simply demonstrates a lack of legal requirements and your description of interests held in a collateral postion were really off base, so that too shows those here who do know that you are not a real mortgage broker as legally defined.

It came up in conversation today that a typical real estate transaction for my Brokerage we are charging 6%.

I "potentially" want to own/start a Brokerage with agents underneath me which will require 3 years of being licensed as a RE Agent.

Hi BPI know this topic has been beaten to death.But today I passed my licensing course....waiting for transcript to take exam.I have spoken with 5 brokerage.

I was speakin of you working with your own money.Dave made a good post on the institutional side, while individual note buyers may buy from a servicer or brokerage most will be looking at small brokerages doing the same thing.