Comments on: How to Start a Real Estate Brokerage in 2024 (Without Going Broke)

By: Gina Baker

Gina Baker — Tue, 27 Aug 2024 15:44:41 +0000

In reply to Bert Harrington. Hi Bert - in order to get your LLC, consult with a lawyer or accountant to get it set up. These professionals will also be able to make sure the LLC name is not taken by any other entity.

By: Bert Harrington

Bert Harrington — Sat, 25 May 2024 18:15:09 +0000

OK, I have my MVV & everything else thought through, now what?
Just tell the Real Estate Commission my LLC name, the proposed name for the Company as doing business & the Qualifying Broker’s name?
How long does the Commission take?
Bert Harrington: bert4u@bellsouth.net

By: Trena Cook

Trena Cook — Sat, 21 Jan 2023 20:19:19 +0000

Get an independent TC on board to provide your agents the support they need and keep your agents compliant. The correct documents will be turned in timely and completely. The TC fee can be paid by the buyer/seller in the form of a transaction fee, so it doesn’t cost the brokerage or the agent anything. This is especially helpful for new agents that don’t know the flow of a transaction or the contracts and disclosures yet.

By: Anna Elizabeth Diaz

Anna Elizabeth Diaz — Thu, 04 Aug 2022 18:03:37 +0000

I love this article. I have been searching the web for months, looking for an article like this. I am so grateful to have came across your site. This information was truly valuable. I am looking to become a stand alone boutique brokerage with only me as the broker/agent – if you have any pointers I would love it if you could email me your advise. Thank you!

By: Katherine

Katherine — Sun, 17 Apr 2022 17:51:20 +0000

Thank you for sharing this valuable information!
I recently got my real estate broker license after being a salesperson over 10 years. I love this industry, taking to the next level, I am looking into form my own virtual brokerage firm, hiring agents with positive attitude, eager to make it happen just as I did when I first started in the industry. There is so much to be prepare for and your advise is greatly aprreciated.

By: Will

Will — Wed, 01 Sep 2021 00:57:50 +0000

This provided some great insight into the world of young brokerages and the challenges they face from the get go. My interest actually isn’t in starting a brokerage, but rather understanding the technological landscape of brokerages that want to be more modern. I built a showing management mobile app called https://ShowHero.app and just want to serve this industry to the best of my ability.

By: Emile L'Eplattenier

Emile L'Eplattenier — Mon, 03 Aug 2020 19:47:37 +0000

In reply to Chinazam umezinwa.

Hey Chinazam, we don’t know much about the market in Nigeria, but we do know that Lagos especially has been growing like crazy over the years so definitely an exciting market to work in. I would maybe start by looking up the largest brokerages in your city then reaching out to them and offering to buy someone there lunch or a cup of coffee to talk about their experiences. If there is one thing brokers love it’s initiative.

Best of luck!

By: Chinazam umezinwa

Chinazam umezinwa — Thu, 30 Jul 2020 10:16:44 +0000

This is a Great article, Starting my own Firm in My country Nigeria is not Easy…. I am going to need a lot of Help and Finances, If you guys are familiar with any real estate firm in my country Nigeria, please link me up with them let me gain more knowledge and experience.

By: Emile L'Eplattenier

Emile L'Eplattenier — Tue, 19 May 2020 19:14:04 +0000

In reply to Bridgette Farley. It's a lot of work and will require some start up capital, but if you think you can offer something other brokerages aren't, then this might be a great time to start a brokerage. Just remember that people need/want innovation now more than ever. Best of luck.

By: Bridgette Farley

Bridgette Farley — Thu, 07 May 2020 20:35:55 +0000

I want to open my own office