As soon as you complete your pre-licensing courses, pass the TRCS real estate exam and earn your license, you’ll probably be anxious to get to work and start building your big, successful new career. However, before you can get your real estate career off the ground, you’ll need to pick a South Tyler Homes. The good brokerage. In your early years as a real estate agent, your broker will help guide you through all the questions and concerns you’ll likely have. The right broker will also help get your name out there, which as a new agent, is paramount.
But what constitutes the right brokerage? Well, that depends on you and what you’re looking for in a broker. Here are a few major things you should take into consideration when checking out all the best brokerages in Texas.
Facts to Consider While Choosing a Brokerage
● Franchise vs. Independent brokerage
● The brokerage’s reputation
● The broker/agent commission split
● The amount of support offered by the brokerage
Let’s look at these a little more closely.
Is a franchise brokerage or independent brokerage better?
First, you need to decide whether you want to work for a franchise or an independent brokerage. Franchise brokers, like Keller Williams, are located all over the country and have a more corporate-like culture. They may tend to control the way their real estate agents operate a little more than independent brokerages, but you may decide that the marketing materials and second-to-none training they can offer you as a new agent are worth working in a stricter work environment.
Independent brokerages usually offer their White House home for sale in a little more independence in the way they run their business. Also, the teams tend to be quite a bit smaller than franchised brokerages, and the environments a little more casual. You just need to decide what factors are most important to you and go with it!
Does the brokerage have a good reputation?
I’m sure this goes without saying, but you want to associate yourself with a brokerage that has a good reputation. If they’re a commission, how much name distinction do they give? How are they known for treating their agents? If they’re an independent brokerage, how well-known are they within the community in which they operate? How vastly of the need percentage do they occupy? Ask yourself these questions while you’re doing your research.
How does the broker/agent commission split work?
Another thing you need to consider is that when you start making new Flint Homes for sales, you’re going to have to split the commission from those sales with your broker. Different brokers offer different commission structures, and you’ll want to pick a brokerage that offers you a commission split you are comfortable with.
The description of a “good” committee break banks on a lot of factors, such as your market, the brokerages’ resources, etc. Just remember to make sure you fully understand how the commission split works before you commit to anything. You don’t wish to accidentally put yourself in an economic bind!
Does the brokerage offer support?
The amount of mentoring, training and marketing brokerages offer differs greatly from broker to broker. Some are very hands-on, while others mostly just let you fly free. It’s all going to come down what you personally need and prefer in a brokerage. If you need more support in developing your skills as an agent, then you may prefer a more hands-on environment. We suggest finding a handful of brokerages that you’re interested in and then scheduling interviews with them so you can get a feel for their approach to supporting their agents. This is a big decision, friend, so there’s no such thing as too much research!
Can you get a license in Texas?
So you want to be a real estate agent, but you’re worried that your less-than-perfect background might disqualify you. It’s still possible to get a real estate license in Texas with a felony on your record, but it can be tricky. Here’s what you need to know.
How Does TREC Judge Your Background?
The Texas Real Estate Commission, or TREC, decides who does — or doesn’t — get a real estate license. While they don’t have a list of crimes that will automatically disqualify you from getting a license, they do require that every applicant demonstrate honesty, trustworthiness, and integrity. TREC reviews every applicant on an individual basis to decide if they meet these criteria.
Which Crimes Are Most Likely to Disqualify You?
The crimes that matter most to TREC are those that directly relate to the duties and responsibilities of a license holder, and those that show that the person is probably not able to represent the interest of someone else with the required honesty, trustworthiness, and integrity
● felonies involving driving while intoxicated (DWI) or driving under the influence (DUI)
● felonies involving the manufacture, delivery, or intent to deliver controlled substances
● fraud or misrepresentation
● forgery, falsification of records, or perjury
● offering, paying, or taking bribes, kickbacks, or other illegal compensation
● offences against real or personal property belonging to another, against a person, or
● against public administration
● the sale or other disposition of real or personal property belonging to another without authorization of law
● moral turpitude
● sexual offences
● attempting or conspiring to commit any of the foregoing offences, or
● aiding and abetting them
● repeated violations of one criminal statute or multiple violations of different criminal statutes
Forms you have to submit for your background
If you’re worried that your criminal background might disqualify you, it’s smart to submit the Fitness Determination form before you apply for your license. This application (which, at $50, is significantly cheaper than the license application, education towards the license, and license exam) allows you to get a ruling on your fitness before you spend all that money and time.
As a producer, for many years I helped ad agencies sell everything from health insurance to corn chips, but real estate is the most fun I’ve ever had. Every home is a product with some unique selling point and there is always a best angle and best time of day to photograph it. With Andrea to stage and style, I feel comfortable shooting anything from a million-dollar horse ranch to a bargain rental property. Working with clients is the icing for me…I have met some fascinating people, many of whom I feel honored to call “friend”.