I am going to get my salesperson license in MA.

Bbpp
Agent
Boston, MA

I am going to hang my license with a broker. I am looking to buy my own house. Can I go to see house for myself by using the company? Can I do the transaction of buying my own house and get commision? I am in Boston MA.

Answers (11)
Dan Ross
Agent
Southington, CT

Looking for the best deal on your house is great, but you should look at the broker that is going to give you the best training. What you learn in class is great for keeping you out of court, but it doesn't teach you how to be a Realtor. If you have any hope of making this a career, go for the broker that will teach you the skills necesary to be a successful agent....even if this is only a part time thing.

Thu May 1 2008, 13:25
Tim
Agent
Boston, MA

Good luck Bbpp! There are some great realtors in the Boston market, but there is always room for another hard working agent.

Web Reference: http://www.uterms.com
Thu May 1 2008, 12:27
Nilton Lisboa
Broker
01752

$1,000. Our average commission here is almost 8 times that amount. How does that sound?
Nilton Lisboa 508-667-1439

Web Reference: http://www.soldre.com
Wed Apr 30 2008, 17:28
Bbpp
Agent
Boston, MA

Thank you very much for the answer. I got my license today and ready to start. Can you pleas e tell me what the minimum fee is if I buy my own primary residence?

Wed Apr 30 2008, 12:39
Nilton Lisboa
Broker
01752

I just hired someone in a similar situation as you. He originally got his license because of wanting to save the commission on 1 deal. As broker/owner, we have a policy that if you are buying/selling your own primary residence, we only take a minimum fee....if you are doing for investment purposes, then the splits remain. Good luck and talk to you later...

Web Reference: http://www.soldre.com
Wed Apr 30 2008, 09:44
Jonathan Bowen
Broker
Boston, MA

Hi Bppp, is your motivation to become a real estate professional or to save a commission on the purchase of your property? I hope it's the former because managing brokers frown on this behavior. The broker will be able to determine this early on in the interview process and may not hire you. You need to remember that managing brokers spend tons of time and money training new agents. They wouldn't want to spend this time and money if they don't feel you actually want to become a bonafide real estate professional. Good luck with the process, Jon

Thu Apr 24 2008, 20:04

First of all, congratulations on getting your license. The fact that you're becoming licensed now, when the market isn't hot, says a lot about you as a person. As you've seen in the other answers to your question, yes, you can be your own agent, but since you are new to the business, hopefully your broker will be able to guide you through the process.

What you'll learn while buying your own house will be invaluable as you help other people through the process. Keep a list of things that happen during the process that you liked, and places where you felt stress so you can address these when you are helping other people buy.

Wed Apr 23 2008, 12:47
Bbpp
Agent
Boston, MA

What a nice website to ask questions!! Thank you all so much for the quick and valuable reply!

Wed Apr 23 2008, 10:15

You must disclose that you are the buyer. Other than that it is one of the benifits of selling real estate. You can create a great annual income selling real estate, you become wealthy by purchasing real estate!!! Check with your office manager about policies.

Wed Apr 23 2008, 09:49
Dan Ross
Agent
Southington, CT

You can be your own agent, but you must disclose that fact. You are entitled to the co-broke commissions that the selling side is offering less whatever your brokers split is.

Wed Apr 23 2008, 08:27
Brecht Palombo
Real Estate Pro
Lexington, MA
FIRST ANSWER

2 answers, yes mostly and - its up to your broker. Different brokers have different policies on personal purchases

Web Reference: http://www.provestre.com
Wed Apr 23 2008, 08:18

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