Expired licenses are as good as not having one in the eyes of the State of Texas. The other issue you will want to be concerned with is the fact that this agent is not a "Card Carrying Realtor". Be Safe.... more
Do you only want to use your license for yourself? This can be complicated. Just to align yourself with a brokerage will require $$. If you only want to do one transaction, in the end it may not save you anything. If you want to develop a serious career, I suggest you talk to KW. The split is 70/30, which is exceptional to still have all the services that they offer - training, mentorship, business development resources, etc. If you only want to do one transaction, you can find some loosey goosey brokerages out there that will take up front fees, may not require participation in REALTOR associations, etc. and they will give you 100% split... all of this can save you a great deal of money, in the short run. Another alternative is to hang your license with a referral company, avoid many of the fees, and "refer" yourself to another agent for a split of their commission. I don't know if any of these things will make sense to complete only 1 transaction. I am not sure why you got your license. To have a career or instead of saving for a downpayment?
In any case... I really have to tell you that you should have an experienced agent helping you, today's market is CRAZY. I know from experience the licensing courses do not teach you about navigating the market or any "how to"s...
But it sounds like you plan to waive this right to keep the commission. It would be like a doctor doing his first surgery on himself without techs, nurses, and other professionals there to help him. The up side? He's not paying anyone else to help him. The down side? He may not survive, and his family could be billed for the use of the surgical room.... more