Hey guys, I'm looking for an Investor-Friendly Brokerage Firm, with reasonable Dues and Fees that I can join once I get my Real Estate License, preferably in the Collin County Area of Dallas, as I am in Wylie. I am getting the license so that I can have it. I am a firm believer that you should not practice any form of Real Estate or Construction, or ANY SPECIFIC Service that can be BOUGHT, without having a LICENSE in that service. Just helps, I'm not interested in the "You're wasting your time blerr Bee Blah blah blah" Everyone has their opinions on the topic. I'm getting mine. Just looking for a Firm to hang the license, and a board of Realtors to pay dues to, so I can get my MLS login info, and start searching. Anything helps THANK YOU

I was considering the same thing in Texas and if you do a google search you will find a few companies that specialize in this for a flat fee and no commission splits. I saw one broker called "Pinnacle" that advertised this. I have seen some of their signs in Denton County and Dallas County. I have no relationship with them. Let us know what you find out. Once I can complete the required training, I'm strongly considering getting a Sales Agent license too. I've even seen Brokers that will join an LLC that you form and act as your supervising broker to sponsor the LLC for a Broker license. This also requires fees and insurance to the protect the supervising broker, but it seems like a neat idea.

Ask a lot of questions regarding the house rules for transacting your own business. Due to the E&O policy that a brokerage carries, there are often restrictions on how you can represent yourself. Buying is generally OK. Selling can have restrictions in order for the E&O policy to cover the transaction -- that you were not involved in construction/renovation of the property; that the buyer acknowledges in writing that a home warranty policy was purchased or waived, etc. Plus brokers sometimes have their own restrictions. I, as a broker, don't allow anyone who hangs a license with me to participate in any type of wholesaling activity.

@Scott L. will do @Phil G. thanks

The problem you'll run into with mainstream brokers is that many of them won't allow you to buy and sell your own property because of a perceived conflict of interest. They'll want you to turn over the listing to someone else in the office. 

There are plenty of flat fee brokers who only charge a monthly fee and you don't have to split the commission. Some require a transaction fee, some don't. My broker is a flat fee broker so if you would like his contact info, PM me.

My company also charges a flat fee and offers 100% commissions. PM me for more information.