To work as a real estate agent, Do I have to work for a company, or can I work on my own?

Question

I live in New York and I recently became interested on becoming a Real Estate Agent in New York. I want to know if I have to work for a Real Estate Company, or if I can work on my own, and if I can work on my own How?

My Boyfriend Flips homes and he needs a Real State Agent, therefore, I want to become an agent. We soon hope to start a bussiness together in the near future.

Answer 1

Your real estate license can only be kept active with a real estate broker office - an office that is headed by someone who has real estate broker license.

There are some brokers who charge a small desk fee to "help" agents who want to be on their own. Usually they charge a few hundred dollars a year.

However, there are advantages of going with big name brokers. For one, a famous "Wxxxx" realtors encourage their agents to sell properties within their own network, then to other big name firms, small firms then FSBOs.

With a big name firm, you also get better professional network for other related services, like appraiser, contractors, insurance, financing services, title companies etc.

Some firms provides more training than others which is another consideration for choosing a brokerage firm.

Best wishes.

Answer 2

I would give you the links from our research files that the State of New York government and other professional organizations have provided to the public answering your question but yahoo answers says that providing links with the proper answers to questions is spamming and using the source of where those links come from is advertising and they rather just have written answers from sources that are not qualified to provide such answers

Answer 3

Go for it, you need to do this. and We (USA) need you to do this. it'll be hard but you can do. Some of the most powerful and riches people started like you.

good luck

Answer 4

You can work on your own. It is a little tougher, but very doable.