Fast Tracking to Become an Agent for 2nd MFH

Springdale, Arkansas
Real Estate Agent
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Fast Tracking to Become an Agent for 2nd MFH

Sophia Hayden
Rental Property Investor 路 Bentonville, AR 路 Member since 2025 路 8 posts 路 6 votes

Hi Realtors!

I am looking for advice on how to best approach getting my real estate license, what courses to pick I can complete on my own time on weekends and evenings, and recommendations for brokerages.

I bought my first MFH and am in the process of underwriting my deal for the next one. A key component changed, the share of commission my prior agent will give to close due to them changing brokers. It sucks, but to salvage the timing of my deal, I need to get creative. I work full time, have no intention of becoming a full time realtor, but makes economical sense to do this sooner than later. The universe sort of gave me a nudge: now you have to for the deal to pencil.

Please give me your recommendations for real estate courses online or in person the weekend, as well as brokerages to join where I get economical benefit of snowballing deals once a year (with potential of one offs with friends from work).

Thank you so much!!

Sophia 馃馃徎馃馃徎馃馃徎

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Richard F.
Honolulu, HI 路 Member since 2008 路 3k+ posts 路 2k+ votes
3mo

You should probably start here...

...and be sure you select the proper classes from "approved" providers such as listed here.

With regard to which brokerage, you need to determine which ones are willing to let you pursue investments for yourself, and what your real costs will be for MLS dues, desk fees, continuing education, brokerage percentage, and other costs...as well as requirements they may have for new agents.

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  • Richard F.
    Honolulu, HI 路 Member since 2008 路 3k+ posts 路 2k+ votes
    3mo

    You should probably start here...

    ...and be sure you select the proper classes from "approved" providers such as listed here.

    With regard to which brokerage, you need to determine which ones are willing to let you pursue investments for yourself, and what your real costs will be for MLS dues, desk fees, continuing education, brokerage percentage, and other costs...as well as requirements they may have for new agents.

    1Reply
  • Abel CurielBusiness Member
    Real Estate Agent 路 Queens, NY 路 Member since 2016 路 2k+ posts 路 1k+ votes
    3mo
    Quote from @Sophia Hayden:

    Hi Realtors!

    I am looking for advice on how to best approach getting my real estate license, what courses to pick I can complete on my own time on weekends and evenings, and recommendations for brokerages.

    I bought my first MFH and am in the process of underwriting my deal for the next one. A key component changed, the share of commission my prior agent will give to close due to them changing brokers. It sucks, but to salvage the timing of my deal, I need to get creative. I work full time, have no intention of becoming a full time realtor, but makes economical sense to do this sooner than later. The universe sort of gave me a nudge: now you have to for the deal to pencil.

    Please give me your recommendations for real estate courses online or in person the weekend, as well as brokerages to join where I get economical benefit of snowballing deals once a year (with potential of one offs with friends from work).

    Thank you so much!!

    Sophia 馃馃徎馃馃徎馃馃徎


     Hello Sophia and congrats on your 2nd property!

    I went on groupon and purchased a virtual state course from realestateexpress.com

    Quick & simple... The course included chapter exams which helped me prep. There are additional study guides available.

    For brokerages, my broker, eXp realty, does NOT take a commission from personal deals (two annually). Meaning, you get 100% of your commission (minus transaction fees) for closing on your own investment properties.

    Hope this helps, and all the best on securing your license!

    Abel

    REbuild Team - eXp Realty5234 Reviews
    WebsiteView Page
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  • Andrew Self
    Real Estate Agent 路 Nashville, TN 路 Member since 2024 路 37 posts 路 25 votes
    3mo

    Hi Sophia! I recommend either Aceable Agent or the CE Shop. Both are fully online and work at your pace courses. I used CE shop for my MLO pre-licensing and Aceable Agent for my real estate pre-licensing. And I am biased since I'm an agent with them, but your description of not wanting to be full time and have some flexibility describes Real Broker. There's an annual fee, but it comes from your first 3 deals each year, not a monthly fee you're paying regardless of whether or not you're closing anything. 85/15 split which is very good for the industry, 3 personal deals a year where they don't take any split but just a small flat fee, and an incredible amount of support and training throughout the country. Would be happy to hop on a call and answer any specific questions you have! I know it's hard getting started and finding a home. Real is my second brokerage and I don't think I'll ever leave. 

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