Updated almost 8 years ago on . Most recent reply
 
      
Sales Agent License vs Brokers License: For getting 3% discount?
Hi,
I am interested in buying about 500k worth of real estate, and my father is looking at selling his 1.5m place in California, and relocating to an income-tax free state and buying a home.
I was scared out of real estate sales, due to the fact I would have to become a sales agent (paying my boss to work) instead of being self-employed. 
What state will allow me the quickest access to become a full blown managing broker, or allow me to work for myself and possibly hire a sales agent?
Most Popular Reply
 
      
- Real Estate Broker
- Cody, WY
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Most states require you hold an active sales license for at least two years before you can upgrade to a Broker license. I don't know of any states that are faster than two years.
I think you're putting the cart before the horse. Without sales experience, how do you know you want to be a Broker or that you'll be successful? Get your license and try it out. Over 80% of agents quit within the first couple years so prove you're capable of making it before breaking out on your own and incurring the costs of working for yourself.
- Nathan Gesner
 
       



