All Forum Posts by: Rick Santasiere

Shantal Lawrence welcome to BP and congrats on taking the first step. I have multi family and some single family property in class A towns in CT and am familiar with Manchester. I would be happy to discuss investing with you as well as getting your license and what you can expect once you do. Reach out any time.

Robert Lindsley in my experience working directly with a listing agent is putting your fiduciary duty in second place. When you use your own agent, you have the ability have someone represent your interests only, with no reason to push the sale for their own listing. If you ever want any more insight, feel free to reach out.

Nice work Brian Pulaski. Great story, awesome numbers. It's becoming a lot harder to get $50k + profit on flips here in CT. $80k is excellent in that price point. Nice job

Annette Nasiadka if I were to give you just a slice of advice, it would be NOT to share what you have in this thread with other prospective brokers going forward. Interview with several, and build a rapport first. Show the broker what you do, what you have done, and what you plan to do in the future. When a broker takes on a new agent, it is a huge liability. Most newer agents are too self centered (this is of no insult to anyone, I too, was a new agent who was self centered before:) to understand that their inexperience can cost their broker his/her license, along with their business, and livelihood. I would not want to have a newer agent on my team working with me who didn't understand that there is more to this business than just "hanging your license" somewhere. I could go on for hours about this topic, and would be happy to have a coffee with you to assist. I can tell you that you will not find what you are expecting to get from a broker. It just wouldn't make sense for anyone to put their name, reputation, and livelihood on the line. Hope this helps.

John Sheridan you are my neighbor! I grew up in Suffield, reside in Granby, and do business in this area. Lets connect sometime and maybe I can help you in your REI venture!

@Robert T Bell, welcome! I started my REI career in 2009, and started as a real estate agent in 2006. Reach out some time! Good luck

@Ginger G. if you are looking for representation, using a buyers agent makes perfect sense. If you are trying to look at properties without signing anything because you fear contracts, you could be costing yourself thousands of dollars.  I know a lot of investors (and residential buyers) who think that going to to the listing agent makes the best sense. It doesn't. Thing about it: The seller hired an agent to sell thew house. The listing agent owes his fiduciary responsibility to the seller first.  When you hire a buyer broker, it is 99.99% of the time free, in that the seller pays the commission to your buyers broker. What that means is that the person YOU hire represents YOUR interests, and NOT the sellers interests. It just makes sense. It also makes cents :-) Reach out to me any time if you would like more information on the matter. We have two small offices in CT, with several agents throughout the state.

@Annette Nasiadka. Please feel free to reach out to me privately if you would like to chat about how we structure our business. I can tell you that 95% commission splits are reserved for people who bring in over $500,000 in GCCI.  Re/Max also does, but you will have HUGE monthly dues and fees.  Reach out any time, I would be happy to give you some information.

@Jordan Decuir name recognition is huge in real estate, however, being a great real estate agent is even better.  Are you looking to "hang your license" as stated above, or are you looking to become a great agent? Or are you looking to help people achieve their goals and dreams?

I am a small local broker in CT, and I have sent some new agent to the Big Box shops because it made sense for them. If you are self-motivated, and are driven to help others, and don't require a ton of hand holding, go small. If you prefer the mentoring, training. go Big, and learn what you can first, then go small.  Joining a smaller firm allows you the opportunity to grow WITH the business.  The Big Box shops are already HUGE. Your just a small part. With a smaller shop, you could get ownership or leadership that you might not have the opportunity to get had you joined a larger firm.

@Mike Goldenthal, I am a real estate broker with offices in Granby and Clinton, CT.  Please reach out to me privately and I would be happy to share my experience and story with you.  We are totally new to Clinton, but have no where but UP to go!!