Firstly, be a Real Estate Salesperson and get a experience.
Secondly, register for the Broker qualifying exam to start the process.
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Broker Of Record
It is mandatory to get a Broker license first in order to become a Broker of record in any Brokerage
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Complete the Real estate Education Program First and follow these steps
Join a Brokerage
Register with RECO
Join your Local Board
Joining a Brokerage is Essential!
It is important to join a brokerage as you can not trade in Real estate unless you join a brokerage. A brokerage is a corporation, partnership, or sole proprietorship that trades in real estate
on behalf of others for compensation.
Realtors and brokerages both have to put effort to complete a transaction. The value brokerage puts towards a realtor transaction should decide the cut payable to the brokerage. The value proposition is the way forward deciding factor for the brokerage vs realtor split.
In real estate, most of realtors think the opportunity is limited to selling the property. Actually, there are lots of opportunities which can arise and all of these opportunities can really help to make money. Sustainable growth is another important factor to consider whilst choosing the right brokerage..