Agent doing my own flips: brokerage advice for buy/list without traditional agent wrk

Agent doing my own flips: brokerage advice for buy/list without traditional agent wrk

Member since 2021 · 4 posts · 3 votes

I'm a licensed CA real estate agent (license currently active, in the process of renewing, not yet hung with a brokerage) getting into fix-and-flip investing with my own small team (hard money lender + contractor already lined up). My goal is to use my license entirely for my own investment deals — not traditional client-facing agent work. I have zero interest in representing buyers/sellers, joining a production team, or being tied to team quotas or brick-and-mortar office fees.

Right now, my immediate need is MLS access so I can search listings and run my own comps to underwrite deals. But eventually I do want to use my license to actually buy and list my own flips myself — handling my own purchase contracts and eventually listing the renovated properties for sale, rather than paying a buyer's/listing agent to do it.

Looking for advice on the best way to structure this — which brokerages actually support a low-cost, no-production-quota setup for agent-investors like this (vs. brokerages built for people producing client transactions), whether starting MLS-only and upgrading later makes sense or if I should just set up for full transactional capability from day one, and anything I'm not considering about running my own deals through my own license.

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  • Bradley BuxtonBusiness Member
    Real Estate Agent · NV · Member since 2023 · 1k+ posts · 720 votes
    3mo

    @Nichole Amaya

    Search for cloud brokerages. There are multiple out there that you pay a fee and a percentage of every deal. Also network with other agents selling flips. They might be brokers an willing to take on another agent.

  • Hersh ShahBusiness Member
    Realtor · Atlanta, GA · Member since 2016 · 126 posts · 82 votes
    3mo

    @Nichole Amaya

    As an agent, you are an independent contractor and can produce as much or as little as you want to produce. You will want to join a brokerage that aligns with the fee structure you want. Some have monthly fees that you pay even if you don't produce and some are per transaction basis only. I'd opt for the transactional model since you don't want training and education from a brokerage to help you build a real estate business. Some of the fees and caps you pay go towards that. 

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