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Sponsored by Quicken Loans |
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From Agent to Broker: 4 Decisions to Consider |
By Joe Sesso, Author, and National Speaker for Homes.com |
Many real estate agents wonder what it would be like to have their own brokerage. There are a number of benefits that come with being in charge of an organization, but this also means additional responsibilities. While you'll often earn more, if you're thinking about becoming a broker for the sole purpose of increasing your income, you're not approaching it for the right reasons; however, if you want to build your own brand and create a unique company culture, it may be for you. Here are four considerations to make when determining whether to branch out into your own brokerage. 1. Types of Brokers: Designated brokers, or broker/owners, are legally the ones in charge of a brokerage. ...
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