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7 ways to avoid being a ‘broke’ real estate broker

Housing Wire

For many real estate agents, a logical step on their path of professional development is becoming a real estate broker, then working as either a managing broker or a broker-owner. Perhaps you’ve developed specialized expertise that would allow your brokerage to dominate a specific niche or market segment.

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United Real Estate expands North Texas footprint through M&A

Housing Wire

Bearden will serve as CEO of the merged firm and Brenda Cole a co-owner of United will serve as the manage broker. “We We built our brokerage from the ground up and knew we wanted to expand further for our agents and clients. With the support of the sixth-largest national brokerage in the U.S.,

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Are you prepping for worst-case commission lawsuit outcomes?

Housing Wire

Because the larger brokerage firms, historically, tend to represent more buy side than sell side, they “may be looking at a big loss of revenue,” says Murray. ” So, he recommends brokeragesmanage their companies away from a sales office-based culture.” “He got up to 20% to 30%, as I recall.”

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How to Become a Property Manager in California

CA Realty Training

A real estate license doesn’t mean you can only be a real estate agent. When you get your license, you can become a property manager in California. Property managers handle the paperwork and ensure the well-being of the property. Market and sell the property.

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10 Surprising Benefits of a Real Estate License

CA Realty Training

The benefits of a real estate license pay major dividends if you know how to use it in your favor. So, what can you do with a real estate license? Here’s a list of what you can do with one: Become a real estate agent. Work part-time as a real estate agent. Get access to the MLS.

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The best real estate companies to work for in 2024 (+ beyond)

Housing Wire

We’ve all heard the news: over 60,000 real estate agents left the profession in the first half of 2023. This exodus left many brokerages scrambling to replace them and upping their recruiting game. Let’s break it down brokerage by brokerage so you can find the one that’s right for you.

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Should You Get a Real Estate License to Flip Homes in Texas?

Listing Spark

A popular consideration is getting a real estate license. After all, you can then search for homes on the MLS, negotiate contracts without a real estate agent (or expensive commission), and then list it back on the MLS. While this can help savvy real estate investors, it can also be a costly overstep.