Starting a real estate agency by myself

[Tyler Hames]

Hey guys Im about to finish getting my license. I was an investor before this. Probably a dumb question to most but, I want to start my own real estate agency company and be my own employer. I eventually want to be able to employ other agents as well when I am ready to grow. To do that do I need to start a brokerage or do I just get my license, join a brokerage like EXP, and then create my LLC? If I do that do the latter option can I employ other agents down the road? I'm honestly clueless on my options other than joining an existing team of agents at a brick and mortor local agency.

[Brad Hammond]

In my state, you need to be licensed for 3 years before you can be a principal broker and manage other agents.  I think you should start a team instead of starting your own brokerage.  You get a lot of the benefits that way but don't have as much cost and liability.