Choosing a Sponsoring Broker

Why You Choose to Sidestep the National Association of Realtors (NAR)?

2024-05-05T13:15:09-04:00May 10th, 2024|Categories: Appraisal, Choosing a Sponsoring Broker, Commercial Real Estate, Florida Real Estate, Real Estate, Real Estate Broker, Real Estate Business Tools, Real Estate Salesperson|Tags: , , |

The most powerful real estate trade organization has been long recognized for boasting a strong network, comprehensive data reports, and extensive member benefits. But like every coin's other side, there are reasons why you choose to sidestep the National Association of Realtors (NAR)? Or leave them if you're already members. Here are a few of the reasons why you choose to sidestep the NAR: Unpacking the NAR: An Overview Before dissecting why one may consider parting ways with the NAR, it's crucial to understand what it entails. The organization mandates rigid membership requirements and necessitates a binding agreement known as [...]

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Embracing Real Estate’s Future with Confidence

2024-04-15T20:49:21-04:00March 20th, 2024|Categories: Choosing a Sponsoring Broker, NYC Real Estate, Real Estate, Real Estate Salesperson|Tags: , , , , , , , , |

As someone on the verge of stepping into the dynamic and promising world of real estate. It's only natural to feel a flutter of hesitation amid a choir of changing laws, soaring voices about commissions, and whispers of a market where buyers might sidestep agents to save on perceived undue costs. Change in any industry, especially one as integral to the fabric of society as real estate, often comes loaded with apprehension. Still, it sprouts opportunities just as much as challenges. Venture into this arena with your goals locked in sight, ready for a journey unlike any other. It's all [...]

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How to Get a Real Estate License in New York

2024-01-18T08:04:51-05:00February 1st, 2024|Categories: Choosing a Sponsoring Broker, Real Estate, Real Estate Salesperson|Tags: , |

If you're eager to explore a career in the bustling New York real estate market, you must obtain a Real Estate Salesperson License from the New York Department of State (NYDOS). This in-depth blog post will guide you through the crucial steps, covering the vital actions you need to take to become a licensed real estate agent and immerse yourself in New York's dynamic property landscape. Prerequisites for Becoming a Real Estate Agent in New York Before diving into the licensing process, ensure you meet the NYDOS prerequisites to qualify for the real estate salesperson course: Age Requirement: You must [...]

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Finding The Right Broker

2024-01-01T18:23:04-05:00August 11th, 2022|Categories: Choosing a Sponsoring Broker, Real Estate, Real Estate Business Tools|Tags: , , , , , |

Every real estate agent must work under a sponsoring broker to maintain a Real Estate Salesperson License in NY. Finding the right broker for you is very important. You want to choose a broker that you are comfortable with and can mentor you. Commission splits should be considered, but 100% of nothing sold is still $0.00.  As a new agent, you are going to need training, mentoring, support, therefore, a sponsoring broker that is willing to stand beside you and your goals. You have a lot of choices. Do your homework. Interview with brokers. Different real estate agents have different [...]

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Five Reasons Why Teachers Would Make Good Real Estate Salespeople

2024-01-12T07:55:59-05:00July 28th, 2021|Categories: Advance Your Career, Choosing a Sponsoring Broker, Real Estate|Tags: |

The real estate industry is not for everyone. As a result, we like to be very clear that it takes special characteristics to succeed in real estate.  Five Reasons Why Teachers Would Make Good Real Estate Salespeople. For example, prospective agents should either already have these skills. Or at least be willing to work to have them. For some, real estate would be completely outside of their comfort zone. Furthermore, we would argue that teachers have natural potential.  Here’s why teachers would make good real estate salespeople. Be Assertive in Social Situations Real Estate is a communication and interaction centered [...]

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More Than Choosing the Right Broker

2024-01-12T07:39:36-05:00May 23rd, 2021|Categories: Choosing a Sponsoring Broker|Tags: |

We see many students come through our school, many already have a sponsoring Broker and other's do not. We recommend those who do not, talk to as many as you can before you make the decision, in fact this should be the least of your worries while contemplating this new career in Real Estate? There is way more than choosing the right Broker. One of the first things you need to realize when getting into real estate, you are not starting a new job. You are starting a new business.  There is a big difference! You do not get paid [...]

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5 Characteristics of a Sponsoring Broker

2024-01-10T16:02:28-05:00November 12th, 2020|Categories: Choosing a Sponsoring Broker|Tags: , |

As a new Real Estate Salesperson, you will need to work under a “sponsoring broker.” Firstly, the brokerage you choose to align yourself with will be the foundation of your new business. Secondly, providing you with ongoing mentor-ship and the backing of it’s excellent community reputation. Here are 5 key characteristics of a good sponsoring broker, you should look for: 1. Commission Split Most importantly, commission split percentages differ from broker to broker. Although this is important, remember not to base your entire decision off commission split. There are many other factors to consider. That being said, commission splits affect earning [...]

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