What to look for in a real estate brokerage firm?

What to look for in a real estate brokerage firm?

Investor · Fleming Island, FL · Member since 2015 · 34 posts · 8 votes

I just passed my Florida state real estate exam yesterday! I'm excited about the future and beginning the process of looking for a broker. 

Any recommendations on what to look for in a brokerage? I am more interested in property management than I am in selling homes. So definitely will be looking for a broker that offers excellent property management, but other than that I am not sure what to look for. Thanks for your input! 

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  • Real Estate Agent · Cape coral, FL · Member since 2015 · 24 posts · 2 votes
    10y

    Hi Joy

    first congratulations on being a FL licensee!  I'm not familiar where Fleming Island is but, give some thought as to whether they have a larger portion of seasonal rentals; foreign clients ( great if you speak other languages); full complexes or a mixture of all the above.  Your goal is to be able to learn management from as many of the sub groups and then develop your niche.

    Good luck!

    Russ

  • Real Estate Investor · Davenport, FL · Member since 2015 · 516 posts · 152 votes
    10y

    First... Congratulations!

    The talking points are:

    • Commission split
    • Education
    • Costs associated with being associated with that Realtor
    • Is there a mentor program
    • How well known are they
      • You don't necessarily have to be a national chain to be the dominant Realtor in a market... ask around
  • Edgewater, FL · Member since 2013 · 10 posts · 2 votes
    10y

    Since you are interested in the property management side, see if you can find a broker that where you can work part time for their PM.

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