Broker options after getting TX Real Estate License

2 Replies

Hello BP community,

As I prepare to purchase my 2nd SFR I am once again considering obtaining my TX real estate license. I really want to obtain my license so that I can view properties without having to call up a Realtor and for increasing my knowledge of transactions and real estate markets. I have some questions that are hard to find answers for given the immense number of posts to sort through here on BP.

I am curious whether anyone in the Houston area has been able to find a broker who charges minimal fees for 'hanging' your license.  I have no interest in representing sellers or buyers -- I only want to be involved in my transactions. If you have found a broker, what are the costs? I am trying to make an informed decision. 

I am also aware that there are active and non-active distinctions and would like to know which I would need for my purposes.

Thank you so much for your help

You want one of the "discount" real estate brokerages. I think Champions would qualify... there are several others out there, though. I'm curious to see other suggestions too.

I am familiar with three of them, one of whom is the designated broker for my company. Generally they charge a monthly flat fee in the $100 to $200 range, and then either a commission split or a flat transaction fee when you do a transaction.

If you want more info, PM me and I'll pass along their contact info.

Good luck!

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