Good sponsoring brokers for investors with a license

[Eric M.]

I am an investor, mostly flips, and am finally getting my own license. I will be using the license for my own investing and maybe a couple other investors. I will be low volume and could go several months doing no deals.

What should I be looking for in a sponsoring broker? What questions should I ask? What things to steer clear of? What kind of deal is typically offered?

If you have particular recommendations feel free.

Any advice is appreciated. 

Thanks.

[Matthew Olszak]

Originally posted by @Eric M.:

I am an investor, mostly flips, and am finally getting my own license. I will be using the license for my own investing and maybe a couple other investors. I will be low volume and could go several months doing no deals.

What should I be looking for in a sponsoring broker? What questions should I ask? What things to steer clear of? What kind of deal is typically offered?

If you have particular recommendations feel free.

Any advice is appreciated. 

Thanks.

If you're experienced with the process and don't need much training, there are a bunch of 100% brokerages in the city with light monthly fees and no volume requirements. If you are going to be listing properties for sale, take a hard look at the brokerage's reviews online. Even though we as brokers know that we're all independent, the public will consider you as "working for" your brokerage, so if the brokerage has crappy reviews it might be best to not associate with them even if you are saving $x/mo.