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Rainmaker
630,251
Ajay Pandya
e-Merge Real Estate Unlimited - Columbus, OH
Realtor Ajay Pandya

I am an associate broker.

Mar 07, 2018 08:50 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I would think it depends on the agility of the business model. If traditional residential sales is 100% of the business, sticking with a brokerage with a 95/5% split will prove more cost effective.

However, if the vision of the business owner it to be that the pinnacle, the master craftsman level of the real estate industry, they should own the brokerage. If the business owner has the experience and discipline and vision,  they can flourish as an independent broker. Don't lose sight of the irony of the name. If the business owner is not self -motivated and visionary,  this adventure,will end with the business owner being broker.

Mar 14, 2015 10:06 PM
Ambassador
6,393,609
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

You can do both.

Dec 16, 2019 10:52 PM
Rainer
279,878
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

Depends - if you can handle, be a broker.

Jul 24, 2018 10:18 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Door # 2

Jul 19, 2017 05:08 AM
Rainmaker
953,717
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Personally I would love just to be a broker associate without the hassles and liabilities of a broker/owner. Having a brokers license (without acting as the designated broker) acts as a great designation showing you have that skill set.

Mar 17, 2015 05:22 PM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

It is up to you and your confidence in your skills.

If you feel confident on your own, go for it. Being 'just an agent' is safer, you just do your job and someone else is in charge.

Mar 15, 2015 08:06 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Charles Ross I'd say, it's a personal choice. I am not ready to take extra responsibility of being a broker despite the fact that I could earn more!

Mar 15, 2015 03:32 PM
Rainmaker
911,458
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

I think either is fine. Sometimes I think I would make a better broker than agent.

Mar 15, 2015 09:21 AM
Rainmaker
582,106
Eric Kodner
Madeline Island Realty - La Pointe, WI
CRS, Madeline Island Realty, LaPointe, WI 54850 -

At this point in my life, I'd rather be a supervising broker.  Maybe ten years from now, that might change.

Mar 15, 2015 08:30 AM
Rainmaker
634,482
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

Right now I prefer being with a brokerage rather than owning my own. Having the admin and legal side off my plate gives me more time to work with clients.

Mar 15, 2015 08:01 AM
Rainmaker
4,272,548
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

 I spent my corporate career (20 years) managing (babysitting) un-motivated workers. Real estate is different where-as a person who works as a real estate associate either works or starves.

I am both a team builder and motivator along with a recruiter so I think I could be a very successful owner or managing broker...

Mar 15, 2015 07:26 AM
Rainmaker
1,562,386
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Depends on what your goals are.  I don't like big boxes brokerages.  The split is way too high.  

Mar 15, 2015 05:20 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I think it depends on the individual.  To be a successful broker of a firm, you will need organizational, leadership and management skills.  Not every agent does.

Mar 15, 2015 05:20 AM
Rainmaker
938,637
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Charles, I think the best of both worlds is to be your own broker with no other agents.  We used to have 15% ownership in our local real estate office of a national franchise and it took so much time away from our personal business.

Mar 15, 2015 05:06 AM
Rainmaker
1,139,819
Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239
Real Estate One - Commerce, MI
Michigan homes for sale ~ yesmyrealtor@gmail.com

Just be the agent.  I do not believe I would want all the hassle of dealing with the problems of so-so agents

Mar 15, 2015 04:54 AM
Rainer
68,893
Dawn Aquino
Mountain View Real Estate & Property Management - Springfield, OR

I have done both. I was a Broker with C21 when I first started out in this profession, 50/50 split and agents who were not interested in helping out the new guy, I had 3 buyers and 3 listings and then a seasoned agent wanted to be my mentor for  half of my commissions on each transaction, noted she had no active clients at the time, then I went to RE/MAX and the principle Broker there said " your success is my success, we were a small office, with close agents, 35/65 split, I was multi -million dollar producer and won awards for earned commissions. I know own my own small company, I have a couple solid brokers, But I still end up reaching into my own pocket to cover bills, and my agents want me to beef up marketing for their benefit as well as the benefit of the company, however its my pockets and they are running out of money. I almost miss just being an agent where I could focus solely on my clients needs, Where as to now, I am more focused on keeping up with my brokers needs and keeping up with the monthly  bills.

Mar 15, 2015 04:46 AM
Rainer
166,935
Demarco & Marisa
Remax Kings Realty - Riverside, CA
"The Choice is Clear!"

All depends on the person and their goals..... Running your own can have its challenges, but it can also be very rewarding if your goal is to help others to grow.

Mar 15, 2015 04:13 AM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

It depends on your goals.  One of our clients who is an amazing producer thought of opening her own office.  After discusssing what is involved with us, (we used to have our own offices), she realized that she was better off in a company, as it did not make sense ($) to her.  A

Mar 15, 2015 03:49 AM
Rainmaker
4,572,645
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Charles -- it depends on the person.  

While I work for a brokerage, I consider my business my own even though there is a corporate identity.   

Mar 15, 2015 02:10 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Most days it is sur ebetter to own my own company. The freedon and benefiots are amazing. The stress though can outweigh that some days and a person has to be 100% sure they are ready for that, 

Mar 15, 2015 01:05 AM
Rainmaker
5,868,699
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I run my own brokerage, but have no agents.    There is not much difference between the days of being an Associate Broker.

Mar 14, 2015 11:30 PM
Rainmaker
7,836,748
Roy Kelley
Retired - Gaithersburg, MD

Often, it is more profitable to be an agent than an owner. It can be difficult to make a profit with a small office.

Mar 14, 2015 11:16 PM
Rainmaker
631,962
Vern Eaton
Askov, MN
Realtor 651-674-7449

Be an agent.  did the Brokerage w/ 2 partners...Major headache.

Mar 14, 2015 11:08 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

It totally depends on what you want out of your profession. Not everyone is cut out to be running a full brokerage. I've never had any desire to do so.

Mar 14, 2015 10:14 PM