Difficulty: Moderately challenging
Things You’ll Need:
Step1
Decide whether you want to become a real estate broker or hire a broker. Either way, a broker must be in charge of the real estate side of the business.
Step2
Decide if you want to purchase a franchise or start an independent real estate company.
Step3
Find a location to set up your business. A real estate company should have high visibility from a busy street, as people often come into a real estate office on the spur of the moment.
Step4
Get a business license from your city or county. Find out what other requirements there are for setting up a new business.
Step5
Contact the local board of realtors and become a member. Membership will give you access to the latest laws and regulations in the industry.
Step6
Become known in the community by joining local real estate agent tours.
Step7
Become a member of the local chamber of commerce.
Step8
Hire real estate agents. Choose agents who have the same goals and work ethics as you do.
Step9
Get listings (properties to be sold).
Step10
Market your company and your listings.
Comments
J-Bugg said
on 6/9/2008 Please mail info to CCA 1297414 Lawrence Henderaon
Dorm767/207D
759 Heintzelman Rd.
Mineral Wells Tx. 76067
J-Bugg said
on 6/9/2008 could you please send me info about starting real estate at CCA 1297417 Lawrence Henderson
Dorm767/207D
759 Heintzelman Rd.
Mineral Wells Tx. 76067
Thanks
JALKE said
on 4/24/2008 hi, my name is monica and i´m from sweden :-).
i´m working with brokers in sweden and here it´s very important how we present the residens. for instance, the market reqest always a 3d or 2d floorplan to get a total impression over the place. how come that i do not see floorplans anyway in american brokers presentation of the residens? ca you answear to my mail below? thank you :-) monica.jalke@telia.com
Anonymous said
on 6/30/2006 In some states (i.e. Illinois) even if you're not the managing broker, you will need a brokers license to legally have a share in the company. So, not having a brokers license may not be an option depending on your state of practice.