Can a Agent do Off-Market deals without being under a broker?

Question

Hi All,

I'm a licensed agent in Alabama that had to have my license put on inactive status because my broker had to let go of all non-realtors (some realtor thing).

Anyway, so now I have to reinstate my license and find another broker. However, no other broker can take me because I'm not a Realtor or their requiring me to become a Realtor as soon as I reinstate my license. I don't have that kind of money and was working on deals to be able to pay for the fees.

When my license becomes active again and I'm not with a broker can I do Off-Market/Wholesale deals until I get with a broker?

I've contacted my commission and they are very funny with words, however, they say that I can do deals as long as I am active.

Has anyone been in this situation before and have you done off-market deals to get by?

Russell Brazil · Answer

Im aware, but many areas simply dont have brokerages that are not board members, and I think all agents should join the board.

Brandon L. · Answer

She is licensed, she is not a Realtor

Brandon L. · Answer

@Kaliya Nikole why did you get your license if you do not have the funds to get started? There are non realtor brokers out there but you will not have access to the MLS or anything else.

Get some cash together and do things the right way if you want to represent clients.

Charles Kao · Answer

@Kaliya Nikole

If you are that cash strapped are you sure you want to be an agent? It takes some money and investment to invest in yourself so if you do it again why do you think things will turn out differently this time? I was an agent and although nearly everybody I work with treats me like one I have not been an agent for over 8 years. All the realtor tasks like showing homes and writing offers my wife who is a realtor handles and all the back end tasks and dealing with the off market marketing I handle. If I had to I have no question I could succeed as an agent especially with the experience I have just focusing on my tasks but we win more focusing on our specific tasks as a team. Maybe you can carve out a niche doing something in support of a successful agent.

Russell Brazil · Answer

Being licensed costs money, just the way it is. If you want to buy and sell properties on behalf of others or to collect commissions then yoi have to be licensed.

Can a Agent do Off-Market deals without being under a broker?

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