Looking for a broker willing to partner with an investor/agent
Studying for the FL Real Estate exam now and I'm planning ahead in identifying the right broker to partner with. I plan to buy and hold rental properties for my own company (part-time venture) and would like to find a broker that is flexible with commission splits. Looking for minimal support (no leads, etc), but maybe on the administrative side with closing. I've reached out to a few local brokers and commission splits/fee structure seems to be all of the map. Also, it seems like some brokers are familiar with this relationship and others have never done this before.
Any insight would be appreciated.
Will
Most Popular Reply
I have to completely disagree with Christopher. KW is probably the worst choice for what you want to accomplish. KW wants to hire full time realtors, not investors. Their splits are something close to 65/35, in exchange for all of the training they give you to become a full time realtor.
I heard nothing saying you want to be a realtor. You want to find a broker that charges you a flat fee per transaction. There are brokers that exist that charge you a few hundred dollars to list a property or collect a commission, and not charge you such a steep commission split.