How to pick employing broker?

Question

I am pretty new to real estate, but find it much more convenient to have a real estate agent license, since it provides access to tons of information. So I decide to get a license myself.

Being in Michigan, I need an employing broker to sponsor me. I wonder how you guys decide which broker to go with. I know some of the well-known real estate broker like RE/MAX, Real Estate One, etc.. My goal is to just be an investor instead of a full-time agent. Probably pay minimum so called "Desk fee" because I am not gonna have tons of transactions during the year. Really need some good advice here, especially someone from Michigan.

Thanks!!

Chishing

Jose Guevarra · Answer

Find one that's in line with your goals.  I found a broker/owner that specializes in multi-family investment property, exactly what I want to do!  He expects you to work in your own office or home so there are no desk fees.  I'm telecommuting from 300 miles away but, he's only a phone call away.  He's also fine with me wholesaling and looking at other investment strategies.  His other agents are investor savvy as well.

Ramon Huerta · Answer

@Chi Shing Tong My pleasure any time. If your ever in the Kalamazoo area and would like to network there are several events here. Just let me know.

Chi Shing Tong · Answer

@Ramon Huerta Thanks for your advice. I think I still need to expand my network.

Chi Shing Tong · Answer

Thanks for the information!

Nick C. · Answer

Look around town for any investors who are also brokers. And then just find who will take the smallest split, or better yet who will charge a flat fee on a per deal basis. Going with one of the big boys like RE/MAX and giving up a huge chunk of your commission won't help you.