Woodstock, GA · Member since 2016 · 9 posts · 1 vote
I am new to REI and I am considering pursuing my real estate license for all of the reasons folks like J. Scott recommend it.
My question is who are the brokers in the metro Atlanta, GA area that are interesting or willing in taking on agents who are looking to actually pursue sales but will also be using their license to further their investment business?
I am with Solid Source too. After 3 transactions, you pay 300.00 per transaction, and .0012% of the sales price to FMLS. Your 1st three transactions they will take 30%.
Check out Solid Source Realty. They have very low fees, no required office hours, great support, a lot of agents and they don't care if you do 500 deals a year or zero deals a year; nor do they care if you're investing for yourself or taking on clients.
We've been with them for 7 years now...
In fact, if you decide to go with them, feel free to use my wife "Carol Scott" as your referral... :-)
When I'm done studying and pass the exam, I plan on going with solid source for the reasons above. I also have a family member who's a retired/part-time agent and she has her license with them because of the reasons mentioned above so she can keep her license active. She only does 1-2 transactions a year.
I am with Solid Source too. After 3 transactions, you pay 300.00 per transaction, and .0012% of the sales price to FMLS. Your 1st three transactions they will take 30%.
I am with Solid Source too. After 3 transactions, you pay 300.00 per transaction, and .0012% of the sales price to FMLS. Your 1st three transactions they will take 30%.
Yup...for others, note that the .0012% is going to be standard for any broker, as it's charged directly by FMLS...
i am an investor and I just got off the phone with my broker AT SOLID SOURCE in Atlanta.
They aren't as investor friendly as I thought. If you want to have a website and do any mailers or marketing for your investment business they are probably not going to let you do what you want to do. I am not an attorney or giving legal advice but I was told that if I have a website or do any mail marketing it has to be approved by the broker and have their name and number on it. And the broker told me they would not approve my website if it was offering to buy houses...
So I talked to Virtual Properties Realty. Sounds like they are more flexible.
If anyone has other recommendations for brokers in Atlanta that are more investor friendly please share. Please also feel free to message me to discuss.
I will be glad to tell you about Virtual Properties Realty in a day or two once I learn more.
i am an investor and I just got off the phone with my broker AT SOLID SOURCE in Atlanta.
They aren't as investor friendly as I thought. If you want to have a website and do any mailers or marketing for your investment business they are probably not going to let you do what you want to do. I am not an attorney or giving legal advice but I was told that if I have a website or do any mail marketing it has to be approved by the broker and have their name and number on it. And the broker told me they would not approve my website if it was offering to buy houses...
Just to provide an alternative experience. Between my wife and I, we've been licensed under Solid Source for nearly 10 years now. Most of their marketing rules are pass-through directly from the Georgia Association of Realtors, so if you find another broker who is more lax on the rules, you might want to verify that they are not trying to skirt GAR or NAR rules. (Not saying they necessarily are, just that it's worth doing a bit extra due diligence)
Definitely found that Solid Source wasn't as flexible as some of the smaller brokerages with respect to marketing rules, but they certainly do a good job of making sure that their agents don't open themselves up to liability.