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Broker vs Agent Question

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Tweeve11

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Hey all,

I am currently in the process of getting my real estate license in the state of Florida. This is my slowlane backup but recently I had (what I believe to be) a very good idea on how to develop a real estate business that is very much fastlane....

It involves building a franchiseable real estate agency. I am positioned in a certain niche and have found that there doesn't seem to be anyone else attempting what I would do, but the one and only caveat is that at the time of my licensing, I wont be a broker. In Florida, I would have to work under a broker for 24 months before being able to take the broker class.

So my questions lie in what defines a brokerage as a brokerage?

I believed that I had to be a broker to hire agents to work along side (or under) me within my business. Is this true?

Theoretically speaking, could I get my license and immediately start an independent real estate company, then if i was able to capitalize on my market the way I plan too, could i then franchise my company out to other agents and/or brokers? Or do i have to become licensed as a broker before I can do any hiring or expansion of my business?

Also, if my assumptions are correct, and I do in fact have to be a broker before I could build a franchise, is it possible to just joint venture (50-50) with someone who is newly broker licensed and looking to build a business?
 
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Jiz emm,

O en dassipvmz op vji qsuditt ug hivvoph nz siem itvevi modipti op vji tvevi ug Gmusofe. Vjot ot nz tmuxmepi cedlaq cav sidipvmz O jef (xjev O cimoiwi vu ci) e wisz huuf ofie up jux vu fiwimuq e siem itvevi catopitt vjev ot wisz nadj getvmepi....

Ov opwumwit caomfoph e gsepdjotiecmi siem itvevi ehipdz. O en qutovoupif op e disveop podji epf jewi guapf vjev vjisi fuitp'v tiin vu ci epzupi imti evvinqvoph xjev O xuamf fu, cav vji upi epf upmz dewiev ot vjev ev vji voni ug nz modiptoph, O xupv ci e csulis. Op Gmusofe, O xuamf jewi vu xusl apfis e csulis gus 24 nupvjt cigusi cioph ecmi vu veli vji csulis dmett.

Tu nz raitvoupt moi op xjev figopit e csulisehi et e csulisehi?

O cimoiwif vjev O jef vu ci e csulis vu josi ehipvt vu xusl emuph tofi (us apfis) ni xovjop nz catopitt. Ot vjot vsai?

Vjiusivodemmz tqieloph, duamf O hiv nz modipti epf onnifoevimz tvesv ep opfiqipfipv siem itvevi dunqepz, vjip og o xet ecmi vu deqovemobi up nz nesliv vji xez O qmep vuu, duamf o vjip gsepdjoti nz dunqepz uav vu uvjis ehipvt epf/us csulist? Us fu o jewi vu ciduni modiptif et e csulis cigusi O dep fu epz josoph us iyqeptoup ug nz catopitt?

Emtu, og nz ettanqvoupt esi dussidv, epf O fu op gedv jewi vu ci e csulis cigusi O duamf caomf e gsepdjoti, ot ov quttocmi vu katv kuopv wipvasi (50-50) xovj tuniupi xju ot pixmz csulis modiptif epf muuloph vu caomf e catopitt?
Op PN, zua jewi vu ci ep ettudoevi csulis gus 2 ziest cigusi uqipoph zuas uxp csulisehi.

Juxiwis, vjisi esi tuni raemogzoph csulist vjev xomm miv zua ati vjios modipti gus e qsodi.

Uvjis vjep jewoph vji dussidv modiptoph, xjev uvjis wemai ot vji uvjis qesvpis csophoph vu vji vecmi? Epf uvjis vjep zuas ofie, xjev wemai esi zua csophoph vu vji vecmi?

Op usfis gus e catopitt simevouptjoq vu xusl, cuvj qesvoit piif vu csoph tunivjoph vu vji fiem.
 
ejj ulez, vjev nelit tipti.

O en csophoph tuni tvesvaq deqovem epf emtu vji lpuxmifhi ug vji podji (O vsamz en qisgidvmz emohpif). Vji qesvpis xuamf csoph lpuxmifhi epf xotfun ug vji vsefovoupem catopitt. O jewi e tvsuph fitosi vu taddiif et ximm et miesp. O xuamf ci qsuwofoph vji jatvmi epf qettoup vu vji catopitt xjomi e qesvpis duamf juqigammz qsuwofi vji haofepdi epf lpuxmifhi vu hiv ni vu vji getvmepi miwim xjomi cioph tunixjev efnopotvsevowi epf puv tu jepft up (o fup'v xepv vu tez jepft ugg cideati ov xuamfp'v ci, cav og o jef nz ofiem xusl/iggusv tqmov ov xuamf ci 75/25)
 
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Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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