Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 2 months ago on . Most recent reply

User Stats

12
Posts
6
Votes
Adam Euster
6
Votes |
12
Posts

Recently got real estate license

Adam Euster
Posted

Hi, I recently passed my state exam. The reason I got my license is not to be a sales associate in the traditional sense, I am looking to invest and essentially pay back myself in investment deals that I make. What's a good way to go about looking for brokerages that would provide good training for investment minded real estate agents, with good commission splits? Or if you started out like me what are some lessons learned? I'd like to be more part of a team of investors who I can learn from more than anything; I just want to get in the game. All the brokerages Ive talked to so far are more focused on getting leads through a CRM and trying to close on leads for a client, but that's not quite why Im in the business. 

Side note: I also have a full time job, but I work from home so Im flexible in still being able to meet virtually on a periodic basis with the broker. 

Most Popular Reply

User Stats

2,195
Posts
1,964
Votes
Doug Smith
  • Lender
  • Tampa, FL
1,964
Votes |
2,195
Posts
Doug Smith
  • Lender
  • Tampa, FL
Replied

In in Florida as well (but in Tampa) and I'll share my story. I've always been a banker/lender and own a mortgage company, but during the last crash, I started this company to do commercial bridge lending and non-performing loan purchases. We also started doing small flips. My wife has a degree in design and she was handling the rehabs for us. With our first two flips, we engaged agents to sell them, but they were pretty worthless. They slapped the properties on the MLS and, well, that was it...and they made more than I did on the deals. I looked at my wife and said "honey, why don't you get your license"...and she did. She was fantastic as with her background she new building code inside and out, the construction and real estate process, all about mechancials, etc. Now, here's the part where I get to my point with you. She had a childhood friend that was a real estate broker...a guy that really knew his stuff. She joined him and he really mentored her on the fine points...all about the contracts, the tricks of the trade, etc. She studied and worked hard at it constantly honing her craft. She not only handles all our stuff, but she's working with several serious investors and builders. I got my license as well to help. For you, I think the choice of a mentor is more important than the choice of "ReMax, Century 21, etc". With our mortgage company, we are constantly working with agents that had no real estate background and passed a test...that's it. If you're going to do it, you need to find a mentor that can really teach and is generous with their knowledge and you need to take responsibility and hone your craft constantly. That is my story and advice for you. Good luck!

Loading replies...

1 2