I'm almost done! I have a full-time job and two side businesses so I've only been able to commit about 10hrs/week to it so it's going to take me a full-year when it's all said and done but I'm hoping I can just run my side businesses and transact for friends/families. One of my good realtor friends with similar network is also moving to BC and is going to refer his clients to me. I would not suggest to do it unless you have a passion for it.fmrrecoemployee wrote: ↑ Random question, has anyone actually followed the OP and done this and has now made it a full time career? Not just for like side deals etc. Just curious.
Earn back buyer's real estate agent commission - Become an Agent. New Humber College Course is now live!
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- SCORE+133
- djdestroyer
- Deal Addict
- Jul 10, 2014
- 3877 posts
- 1975 upvotes
- Ottawa, ON
- Singh_21
- Deal Addict
- Nov 23, 2003
- 2222 posts
- 709 upvotes
what???? no one wants to be a real estate agent anymore? loll
- BrianJai
- Deal Addict
- Sep 23, 2007
- 1838 posts
- 82 upvotes
- Toronto
Hi there, does anyone have any notes they can share, I just read my first course 1 modules. I can pay you partially to cover some costs thank you in advance!
- oasis100
- Penalty Box
- Mar 27, 2004
- 10493 posts
- 9009 upvotes
- Toronto
- peter330
- Sr. Member
- Nov 18, 2008
- 751 posts
- 532 upvotes
- Toronto
I'm considering getting a real estate license, but more for personal reasons like buying a new home, and possibly selling mine and my spouse's properties.
I do not intend to make actual income as a real estate agent unless something lands in my lap.
Can real estate licensing/education fees be written off against rental property income?
Secondly what's the most cost effective way to "park" and maintain the license if not actively working? Tia!!
I do not intend to make actual income as a real estate agent unless something lands in my lap.
Can real estate licensing/education fees be written off against rental property income?
Secondly what's the most cost effective way to "park" and maintain the license if not actively working? Tia!!
- mixolydian
- Newbie
- Mar 31, 2018
- 18 posts
- 4 upvotes
New agent here! I've interviewed a couple and here's the comission split and desk fee of the ones i interviewed:
-Ipro: $100 desk fee, $385/transaction. 100% comission
-Right at Home: $109 desk fee, $395/transaction. 100% comission
-Century21 leading edge:
Option A: no desk fee, $480/transaction, $800 annual fee, 80/20 split up to 60k GCI
Option B: $245 desk fee, $795/transaction, $435 annual fee, 100% comission
-Remax realtron: $204 desk fee, $410 annual fee, 70/30 split up to 57k GCI then it's 95/5
-Keller Williams Portfolio: $120 desk fee, 80/20 split with 25k cap
Anybody here has experience with those brokerages? On paper seems like ipro and RAH wins but split and fees are not everything for me. I also consider brand recognition, training/mentorship, marketing tools, etc
-Ipro: $100 desk fee, $385/transaction. 100% comission
-Right at Home: $109 desk fee, $395/transaction. 100% comission
-Century21 leading edge:
Option A: no desk fee, $480/transaction, $800 annual fee, 80/20 split up to 60k GCI
Option B: $245 desk fee, $795/transaction, $435 annual fee, 100% comission
-Remax realtron: $204 desk fee, $410 annual fee, 70/30 split up to 57k GCI then it's 95/5
-Keller Williams Portfolio: $120 desk fee, 80/20 split with 25k cap
Anybody here has experience with those brokerages? On paper seems like ipro and RAH wins but split and fees are not everything for me. I also consider brand recognition, training/mentorship, marketing tools, etc
- rapashoo
- Deal Addict
- Mar 22, 2010
- 4133 posts
- 2172 upvotes
I am with RAH and pretty happy with them. Different brokerages have different purposes. For me personally, I have a full time job so having a low fixed expense works for me. RAH has tons of training programs and have offices across Toronto/GTA. You can bring your laptop and work out of any offices.mixolydian wrote: ↑ New agent here! I've interviewed a couple and here's the comission split and desk fee of the ones i interviewed:
-Ipro: $100 desk fee, $385/transaction. 100% comission
-Right at Home: $109 desk fee, $395/transaction. 100% comission
-Century21 leading edge:
Option A: no desk fee, $480/transaction, $800 annual fee, 80/20 split up to 60k GCI
Option B: $245 desk fee, $795/transaction, $435 annual fee, 100% comission
-Remax realtron: $204 desk fee, $410 annual fee, 70/30 split up to 57k GCI then it's 95/5
-Keller Williams Portfolio: $120 desk fee, 80/20 split with 25k cap
Anybody here has experience with those brokerages? On paper seems like ipro and RAH wins but split and fees are not everything for me. I also consider brand recognition, training/mentorship, marketing tools, etc
If you are serious about becoming a full time RE agent and need solid mentorship, I would probably go with more of named brokerages out there (Remax, Centry21, KW...etc)
- mixolydian
- Newbie
- Mar 31, 2018
- 18 posts
- 4 upvotes
rapashoo wrote: ↑ I am with RAH and pretty happy with them. Different brokerages have different purposes. For me personally, I have a full time job so having a low fixed expense works for me. RAH has tons of training programs and have offices across Toronto/GTA. You can bring your laptop and work out of any offices.
If you are serious about becoming a full time RE agent and need solid mentorship, I would probably go with more of named brokerages out there (Remax, Centry21, KW...etc)
good point, thanks!
- reeepo
- Member
- Oct 9, 2018
- 235 posts
- 103 upvotes
Anyone know what Royal LePage fees look like?