Updated almost 5 years ago on . Most recent reply
New Licencee In Pennsylvania
Hello everyone! I am currently working on my real estate salesperson license in Pennsylvania. I live in West Virginia and from what I understand I need a broker to, in a way, sponsor me in able to receive my license. Can anyone confirm or deny this? Also any advice would be greatly appreciated!
Most Popular Reply
@Richard Carl Swanson
Hi Richard, what attracted you to real estate?
You’re right you do need a sponsoring broker before you can work as an agent, they hold your license and you work under their name. Different brokerages charge different fees, and also have commission splits, where they take part of your commission, it may be 80/20 or 70/30 etc, just depends on who you go with. They may have training, some might give leads, but you are your own business, so as an agent you have to run yourself like a business as any entrepreneur would and market yourself to build clients. Are there any other specific questions you have about being a new agent?