Getting a real estate license

**agupt49** · 08-04-2009, 12:54 PM

I have my prelicense certification and have have to take state test to get the license. however, I need a brokers name to get an active license. Brokers, I have talked to want permanent realtor and not a temporary one and need around$1000 for startup..

Is there a way around to get alicensewithout abrokersname

**nitsujri** · 08-04-2009, 03:31 PM

hi agupt49,

what state are you from? i don't know all the different nuances of rules between state to state, but in WA you definitely need a broker to sponsor you before you're allowed to get an active license.

With that said, there should be at least a few discount brokers in your area that don't require such a large entry fee.

The real question I foresee is what would you do with an agent's license without a broker? You would not be able to perform any transactions.

Justin

**agupt49** · 08-04-2009, 06:12 PM

Thanks! I am in GA..I am trying to get a broker who lets me do transaction as and when i want them and does not ask me a monthly fee

**tucsonhomes** · 08-05-2009, 04:17 PM

There is no such thing as a successful part time real estate salesperson.

**welovetampa** · 08-11-2009, 04:22 PM

wow, in Florida we don't have to choose a broker to hang our license with until we have the license!

**wolfneyetna** · 08-12-2009, 05:32 AM

You're asking the broker to pay you $1000? Wow, that's different! If you find that, let me know!

As a new agent, the broker you sign on with will require that you buy Errors & Omissions insurance, join the local MLS and possibly the state & National Association of Realtors. Expect to come out of YOUR pocket with $1,000 to $2,000....

And then, the broker will take a percentage of all the commissions you earn. Anywhere from 5% to 50%.

I hope I'm not bursting your balloon. But there are real costs in becoming a Realtor. It helps to go into it with your eyes open.