If i want to be an part-time independent real estate agent, how can i find a broker to sponsor me if i don't know one already?

Asked by David, New York, NY Wed Jul 6, 2011

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18
Donald Mituz…, Agent, Chappaqua, NY
Sat Jul 9, 2011
I've seen a lot of answers, but none mentioned how hard it is to be a "part time, independent" agent in this business. If you want to be successful in this business it's near impossible to do it part time, especially if you are new to the business. Many top line brokers may not even be interested in having you with with the liability associated with a new, part time, independent agent. If you are looking to start a career, that may be a different story, but if I was a broker or manager I wouldn't be interested if you were just looking to be part time.
The real estate business takes a lot of time, effort and hard work if you want to be successful. Half the real estate agents in business in my area sold no homes last year! I guess they were part time, but I'm sure many were full time who had no direction or training.

Good luck!

Donald A Mituzas
Licensed Associate Broker
2008 Realtor of the Year
Prudential Douglas Elliman


http://www.nyhomeseller.com
2 votes
Michael Levy, Agent, Armonk, NY
Wed Jul 6, 2011
Hi: I'll be happy to sponsor your license, depending on where you are. We're looking for more agents. We work in the Bronx, Westchester, Putnam, Dutchess, Rockland & Orange Counties. Our office is in Armonk in central Westchester County. We belong to 2 MLS systems (Empire Access & Greater Hudson Valley). We offer a 70% commission split with no fees. We also offer recruiting bonuses of up to $1,000 if you can bring other agents. I'd like to have more agents in New York City as well. We have too many leads & not enough agents to handle them. We currently have approximately 60 agents & want to grow to 100 ASAP. You can see more information on our website: http://www.GrandLuxRealty.com. Please call me at 914-273-9688 if you want to talk more. I'll even pay you the recruiting bonus if you don't join us (if you send agents our way). Thanks! Sincerely, Michael F. Levy, Principal Broker.
2 votes
Hi Michael,

I am interested in finding out more information. I considering becoming a real estate broker, initially on a part time basis and potentially full time. My name is Jules and I live in Rockland County. I can be reached at 914-441-1924
Flag Sat Apr 1, 2017
Annette Law…, Agent, Palm Harbor, FL
Sun Jul 10, 2011
David,
The advise offered by Donald is valid. If you have in mind a niche, such as your primary business will involve acquiring and liquidating real estate, that could be an exception.
Success in real estate is an 'all-in' commitment. Add to that the knowledge and skill of lead generation, negotiation and transaction management and you have the privilege of working 85 hours a week! Ah, but you don't have a boss...some say that's worth it!
1 vote
Gladys Viru…, Agent, Scarsdale, NY
Wed Jul 6, 2011
If you like Westchester Scarsdale area call me at 914 589 2455.
1 vote
Ron Zucher, Agent, New York, NY
Wed Jul 6, 2011
My name is Ron Zucher and my Company name is Plaza Real Estate Group. I will be happy to sponser your real estate career. Feel free to check out our website http://www.plazaregroup.com and contact me either by phone (212)-999-6105 or e-mail ronz@plazaregroup.com
Web Reference:  http://www.plazaregroup.com
1 vote
Joseph Hasti…, Agent, Bayside, NY
Wed Jul 6, 2011
Hi David. If you are in Manhattan you should set up appointments with the large firms. Manhattan is where the money is and if you need a part time schedule, I think it's better to get with a company with solid name recognition(branding), training and the tools you'll need to get yourself started the right way. Good luck with whatever you decide.
1 vote
Gail Gladsto…, Agent, 11743, NY
Wed Jul 6, 2011
David, I would be happy to discuss this with you. We are licensed in NY & PA and are on the MLS of the Hamptons & North Fork, LI Board of Realtors, Westchester, Putnam & Rockland Counties.

We have a terrific group and are active in residential, commercial, business brokerage and property management. Feel free to contact us to discuss.

Gail Gladstone
gail@gailgladstone.com
631-425-6150
Web Reference:  http://GailGladstone.com
1 vote
Yul Park, Agent, New York, NY
Wed Jul 6, 2011
Hello David, if you would like to come in for a meet and greet, we can discuss your options. You can contact me:

Yul Park
Vice President
Phone: 917-647-2717
Yul.Park@resnewyork.com

RES Sales and Marketing Corp
320 West 37th Street, Suite 301
New York, NY 10018
1 vote
Anna M Brocco, Agent, Williston Park, NY
Wed Jul 6, 2011
Visit any local realty office(s) and ask for the broker owner and or office manager, introduce yourself and go from there.
1 vote
Joseph Runfo…, Agent, Staten Island, NY
Wed Jul 6, 2011
Visit some different Real Estate offices, request interviews and speak with the Brokers about your goals and schedule.
Web Reference:  http://www.clovelake.com
1 vote
Ghayda, Home Buyer, Brooklyn, NY
Tue Nov 8, 2016
You can look online easily. For example, realestateU offers bios on several sponsoring brokers you can sign up with who are currently looking to bring on new agents: http://realestateu.tv/sponsoring-brokers/

This is also a good site explaining the differences between different brokerage models in NYC: http://bestagentcommissionsplitnyc.com/whats-the-best-real-e…

Lastly, I must vouch for Mont Sky Real Estate whom I've had a great experience with. Here is my Trulia review:

I joined Mont Sky Real Estate after receiving my Real Estate License 2 months ago. I am proud to have just closed on my first deal while one is in process. I am lucky to be part of this dynamic team and consider myself privileged to get ongoing broker support, encouragement and real time training from the management of the dynamic Mont Sky Real Estate team. I love what I do so much it does not feel like work. I know it has a lot to do with the fact that I do not feel alone in my work because I always have answers from my broker to questions I have. I like everything about this company, the guidance, training, loads of leads, advice, everything you want from a broker and more you get. I am very happy I made an excellent choice with Mont Sky Real Estate as my Broker.
0 votes
Felix Lopez, Agent, Coral Gables, FL
Fri Dec 25, 2015
Find a broker who is willing to support you 100%, who is available to answer your questions, uses cutting-edge technology, and very important, a broker who doesn't kill your bank account. All of our #TeamSaggio agents enjoy all those services and only pay a transaction fee of $398.00

http://www.saggiorealty.com/management-team/
0 votes
Do still sponsor new agent ?
Flag Mon Dec 19, 2016
Winnjn5, Home Buyer, New York, NY
Wed Nov 18, 2015
Having previously been a full time agent, and recently become a part time agent, I can tell you that it is extremely difficult to sell real estate part time with a traditional broker. You might consider becoming a buyer's agent for a team if you can find one, and you should definitely check out Redfin. They have associate agents like myself who are very part time.
0 votes
caresx5, Home Buyer, Bossier City, LA
Wed Nov 28, 2012
It's all about networking your sphere of influence. Use social media, friend’s family and co-workers to get the word out that you are in real estate. Find a local independent broker with minimum fees (preferably no fees) and willing to take you on with a 50:50 commission split or better. Then team up with a full time agent who can handle any business you generate while you're at work. It's not "Rocket Science" and where there's a will there's a way. You won't be the first successful part-time real estate agent and certainly not the last one either. Sales in general have the highest failure rate and real estate is no different. It requires persistency, tenacity, motivation and most importantly the ability to handle rejection. If you think that just having a real estate license is going to make you successful or rich then you are destined to fail. You need to find a way to set yourself apart from the rest and stand out. Focus on finding ways to determine how you are going to do something (i.e. Real Estate) instead of concentrating how you can't do something. Research ways other part -time agents have been successful in other parts of the country and bring it to your location and create your own niche. It can be done and the fact that you want to wean yourself into it has opposed to throwing caution to the wind is a step in the right direction. In order to succeed you need to eat, breathe and crap real estate. Good luck!
0 votes
Jovani Giron, Agent, Bronx, NY
Mon Jul 11, 2011
Hello David,

Let me start off by congratulating you on deciding to become a realtor, you will find this to be an exciting journey! I would recommend that you interview different brokerages, in fact if you would like i would be happy to set up an interview with a couple of our fantastic EXIT REALTY offices in the city, if that is where you would like to specialize in. Give me a call,

i would be happy to help,

Jovani Giron
(646)584-4467
EXIT REALTY SEARCH
0 votes
Scott Hulen, , 64068
Sun Jul 10, 2011
Really a part time agent, like we need more of them in the market. I’m not trying to be mean but we have 12 Re/max agents in our office most of which are full time with over 5 years’ experience and not one of them grossed over 100k! Then you count the 10-12k office fees and the “other “fees associated with the business what to you hope to earn? Can a part time agent really have the expertise to conduct business in this tight market; can they fill out the 61 pages of contract Fannie Mae requires just to offer? Can they be at the clients beckon call 7 days a week? Back in the 70’s and 80’s there were 5-6 pages of contracts, no cell phones, life was easier and the part timers could do it. Now clients expectations are much higher and we are running up to the 100 page count or more if you include the 32 pages of inspection report. If I were a buyer or seller looking to do a transaction there is no way I would use a part time agent. In answer to your question there are brokerages that specialize in working with part time agents so they can grab your money, sphere of influence, and your 2-3 deals per year or less. Most are out of the business in 2-4 years depending on the renewal cycle. Donald is right on with his comments! Annette also has a good point in reguard to a niche maybe be an exception if you allready have the inside track on getting deals done. Other than that, leave it to the full time pros.
0 votes
Spirit Messi…, Agent, Tucson, AZ
Thu Jul 7, 2011
Get a phone book and start calling, most brokers will "take you on" as they have nothing to lose by doing so. Good luck with your part-time career.
0 votes
David, , New York, NY
Thu Jul 7, 2011
I live in Manhattan and look to focus my efforts here. Thank you all for taking the time to answer! It's very much appreciated.
0 votes
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