Page 1 of 2 12 Last
  1. #1
    Join Date
    May 2012
    Posts
    4

    Default Best Franchise for New CA Broker?

    I have read it is possible for a broker to make 6 figures not selling any properties but by recruiting agents and charging them fees and or getting a percentage of their commissions.

    Is this true?

    Does anyone have any experience with being a virtual broker?

  2. #2
    Join Date
    May 2012
    Posts
    4

    Default Re: Best Franchise for New CA Broker?

    anyone have experience being a virtual broker with a major franchise such as century 21 or re/max?

  3. #3
    Join Date
    Feb 2008
    Location
    Portland, OR
    Posts
    329

    Default Re: Best Franchise for New CA Broker?

    Not worth your time. Concentrate your efforts on learning the business and marketing yourself.
    Cheers

    Jesse

    "Be the change you want to see in the world." Gandhi

    www.HomeSellingTeam.org

    www.HomesForSaleOregon.com

  4. #4
    Join Date
    May 2012
    Posts
    24

    Default Re: Best Franchise for New CA Broker?

    Quote Originally Posted by Jesse in Portland View Post
    Not worth your time. Concentrate your efforts on learning the business and marketing yourself.
    Yeah, what he said.
    Real Estate Celebrity |
    The New Free Social Media Site Designed Exclusively for Real Estate Agents. Blog, Update Twitter and Facebook, Upload Propery Videos, Build Your Own Network for Linkbuilding.

    Custom IDX Broker Solutions
    Just in Case You Were Looking for a Great IDX Solution.

  5. #5
    Join Date
    May 2012
    Posts
    4

    Default Re: Best Franchise for New CA Broker?

    If I recruit 100 agents, and I am getting a commission from each of them, and or getting fees from them for each transaction they do, how could that not be worth my time?

  6. #6
    Join Date
    Aug 2006
    Location
    Fort Worth texas
    Posts
    5,294

    Default Re: Best Franchise for New CA Broker?

    one word "Liability" and alot of it...
    Looking for Real Estate, Homes, Investment Properties, Condos in Dallas-Fort Worth-Denton, San Antonio & Houston Area? Our Team is Here to Help... Call our Office at Toll Free 866.761.5217.. We love Referrals
    Dallas - Fort Worth - NuHomeSource.com | San Antonio - NHSSanAntonio.com | Houston - NHSHouston.com

  7. #7
    Join Date
    Feb 2011
    Location
    Silver Lake & Pentwater MI
    Posts
    376

    Default Re: Best Franchise for New CA Broker?

    I think that if you recruit 100 agents, you'll work harder than selling real estate!
    West Michigan Area Home Builder and Realtor
    Specializing in Silver Lake Michigan Real Estate and Pentwater MI Real Estate.
    and now: www.LudingtonRealEstate.com

  8. #8
    Join Date
    Mar 2007
    Location
    Greenville, SC
    Posts
    1,058

    Default Re: Best Franchise for New CA Broker?

    And what would you be offering these 100 agents that they can't get without you? Leads, training, etc.?
    Last edited by Web Agent; 06-02-2012 at 06:31 AM.
    Eddy Kicker
    Greenville SC Relocation Specialist
    Serving:
    Greenville
    Simpsonville
    Greer SC
    and the Greater Greenville Real Estate Market

  9. #9
    Join Date
    Dec 2006
    Location
    Los Angeles, CA
    Posts
    362

    Default Re: Best Franchise for New CA Broker?

    Imagine a room with 100 crazy cats. On Redbull. They can't stand each other. They scratch. They cry. Major attitude. Constant attention. They WANT and NEED and MUST HAVE... They run around... In and Out. Constantly. Lost.

    And only ten know how to catch mice.

    That's pretty much how it is to be a full-time broker.
    [FONT="Arial Black"][SIZE="3"]Borino[/SIZE][/FONT]
    1. Listing Presentation PLUS system - How to turn appointments into listings

    2. Expired Listings Marketing System: Expired Listings Letters, Postcards, Follow-up Marketing, and much more.

    3. Open House System - How to get 20+ qualified Open House visitors. Every time. Complete open house system. Includes step-by step course, open house flyers, video, and more.

  10. #10
    Join Date
    Apr 2010
    Location
    Auburn, CA
    Posts
    366

    Default Re: Best Franchise for New CA Broker?

    Step 1 - Start a virtual brokerage
    Step 2 - ?????
    Step 3 - Become rich beyond your dreams and win an olympic gold medal
    - Patrick Hake of RE/MAX Gold

    Placer County Real Estate is our expertise. Our team has you covered if you are looking for Auburn, Ca Homes for Sale or
    Roseville Homes for Sale, or anywhere in between.

Page 1 of 2 12 Last

Similar Threads

  1. Small Brokerage vs. BIG Franchise
    By Iamanoak in forum Real Estate Chat
    Replies: 8
    Last Post: 02-12-2012, 02:03 AM
  2. Franchise Casualties
    By satxproperty in forum Real Estate Chat
    Replies: 10
    Last Post: 06-24-2009, 04:17 PM
  3. Branch office vs. Franchise......
    By donnakay in forum Real Estate Chat
    Replies: 5
    Last Post: 10-22-2008, 01:37 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Log in

Log in