I'm starting my first brokerage, the location is absolutely perfect!

Either way, you might be walking over dollars to pick up dimes.I have a one man real estate brokerage that I use for doing my own business.

So my former business partner "accidentally" wrote 2 checks from the corporate account of my other brokerage business where he is not an authorized signer.

But if I can secure a house (contract) for 2-3 months i would be interested in finding a buyer just like a realtor but without paying remax and the brokerage, that's 100% of the (commission)/buyer willing to pay x amount more than contract amount. .

Wait til I get my brokerage setup, follow their lead?

Bill Gulley said, "That's why you'll see someone's name and then Real Estate or Realty (you can't use Realty unless you're a Realtor BTW" This might be a state specific thing, in NJ and most places you can use "Realty" in your business name as long as your acting as a principal in your own deals, not trying to do brokerage work for others that would require a license.

The broker may charge for any/all of the following:- Desk fees (monthly fees for being part of the brokerage, having access to the office, etc)- Commission fees (brokerage may take a percentage of each commission or a fixed amount per transaction)- MLS fees (to get access to the MLS)- E&O fees (this is your broker's insurance against you screwing up a deal)- NAR fees (to be a member of NAR)- Cost of tools (like lockboxes, electronic keys, etc)- Etc...Some brokers charge high monthly fees and a significant percentage of your commission; in return you get a big brand name to associate yourself with (Re/Max, Keller Williams, etc).

As for my days, I used to work from home but now I rent an office at my brokerage.

., in a real property trade or business) if:1) more than one-half of the personal services you provided during the year were performed in a real property trade or business in which you materially participated; AND2) the number of hours in which you materially participated in this real property trade or business was more than 750 hours; AND3) you must materially participate in each rental real estate activity unless you filed an election to group all rental real estate activities as one (and materially participate in that activity).A "real property trade or business" means any real property development, redevelopment, construction, reconstruction, acquisition, conversion, or rental operation, management, leasing, or brokerage trade or business.Personal services performed as an employee are not treated as being performed in a real property trade or business unless you are a more than 5% owner of the trade or business.For joint return purposes, the eligibility requirements are considered met if either you or your spouse separately satisfy the requirements.

Using OPM can become a note brokerage issue.