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Updated over 7 years ago on . Most recent reply

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Matthew Amos
  • Myrtle Beach, SC
0
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Clarification - Real Estate Startup

Matthew Amos
  • Myrtle Beach, SC
Posted

Hi everyone, brand new to the site and looking forward to using it's resources.  I have a question that I'm sure can be answered here.

I am in South Carolina and about to become a licensed agent.  While doing due diligence to identify a broker to hang my license with, I'm realizing that my overwhelming preference is to launch my own company.  I understand the obstacles that exist going that route, however I really haven't been able to find clarification anywhere.  

I understand I can't start a brokerage until I have had my license for 3 years, but couldn't I just partner with an existing broker to hang THEIR license on MY company until I am able to get the required experience and become a broker myself?  Basically give them a cut of the bottom line for being my company's broker?  Or is there something I'm missing saying that a company must be registered in the brokers name or something like that?

Thanks in advance for any feedback.

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