By: Trena Cook
Get an independent TC on board to provide your agents the support they need and keep your agents compliant. The correct documents will be turned in timely and completely. The TC fee can be paid by the buyer/seller in the form of a transaction fee, so it doesn't cost the brokerage or the agent anything. This is especially helpful for new agents that don't know the flow of a transaction or the contracts and disclosures yet.
By: Anna Elizabeth Diaz
I love this article. I have been searching the web for months, looking for an article like this. I am so grateful to have came across your site. This information was truly valuable. I am looking to become a stand alone boutique brokerage with only me as the broker/agent - if you have any pointers I would love it if you could email me your advise. Thank you!
By: Katherine
Thank you for sharing this valuable information!
I recently got my real estate broker license after being a salesperson over 10 years. I love this industry, taking to the next level, I am looking into form my own virtual brokerage firm, hiring agents with positive attitude, eager to make it happen just as I did when I first started in the industry. There is so much to be prepare for and your advise is greatly aprreciated.
By: Will
This provided some great insight into the world of young brokerages and the challenges they face from the get go. My interest actually isn't in starting a brokerage, but rather understanding the technological landscape of brokerages that want to be more modern. I built a showing management mobile app called https://ShowHero.app and just want to serve this industry to the best of my ability.
By: Emile L'Eplattenier
In reply to <a href="https://theclose.com/how-to-start-a-real-estate-brokerage/comment-page-4/#comment-112122">Chinazam umezinwa</a>.
Hey Chinazam, we don't know much about the market in Nigeria, but we do know that Lagos especially has been growing like crazy over the years so definitely an exciting market to work in. I would maybe start by looking up the largest brokerages in your city then reaching out to them and offering to buy someone there lunch or a cup of coffee to talk about their experiences. If there is one thing brokers love it's initiative.
Best of luck!
By: Chinazam umezinwa
This is a Great article, Starting my own Firm in My country Nigeria is not Easy.... I am going to need a lot of Help and Finances, If you guys are familiar with any real estate firm in my country Nigeria, please link me up with them let me gain more knowledge and experience.
By: Emile L'Eplattenier
In reply to <a href="https://theclose.com/how-to-start-a-real-estate-brokerage/comment-page-3/#comment-57149">Bridgette Farley</a>.
It's a lot of work and will require some start up capital, but if you think you can offer something other brokerages aren't, then this might be a great time to start a brokerage. Just remember that people need/want innovation now more than ever. Best of luck.
By: Bridgette Farley
I want to open my own office
By: Emile L'Eplattenier
In reply to <a href="https://theclose.com/how-to-start-a-real-estate-brokerage/comment-page-3/#comment-54154">Rose Forey/Broker Forey Real Estate</a>.
Hey Rose, we agree, a brick and mortar storefront is still a major draw for foot traffic and is something that most buyers and sellers will expect from their agents. Best of luck with your brokerage!
By: Rose Forey/Broker Forey Real Estate
Enjoyed your article! I am considering a retail/mix commercial center for my next location after being in an office environment for 3/ 1/2 years. I truly believe that the bigger you grow, the harder it is to supervise your agents so i enjoy having an office and not running a 100% virtual brokerage. Thank you!!