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Ambassador
1,371,670
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

No desire to be a cat wrangler!

Oct 05, 2015 03:46 AM
Rainmaker
6,553,924
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Yes. I opened my own real estate company after finishing law school without working for another broker.

Oct 05, 2015 08:20 AM
Rainmaker
175,464
Spirit Messingham
Tierra Antigua Realty - Tucson, AZ
Third Generation Full-Time Realtor® 520 471-6900

Sure I have.  As a 3rd generation Realtor I might understand the risks and costs of doing such a little bit more, since both my grandmother and mother had their own brokerages.   For the cost and LIABILITY  I am very happy where I am at.  For tax purposes and liability, I started a PLLC I am under and hang my license at the brokerage, Tierra Antigua Realty.

Oct 05, 2015 04:37 AM
Ambassador
1,576,905
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Debbie and I started Albuquerque Homes Realty in 2006.  Best move we ever made! 

Oct 05, 2015 03:56 AM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

The topic has come up more than once - sometimes at the suggestion of others.  Not sure we want the overhead, or, as Susan Emo mentioned, to "herd cats">

Oct 10, 2015 01:51 PM
Rainmaker
115,420
Jeanne Feenick
NextHome Premier - Basking Ridge, NJ
The Agent you choose REALLY does make a difference

I don't think it would be for me --- I did some managing in my prior career and was happy to move away from that....I like to manage transactions, can't really imagine managing a group of agents....on this point, I think I'm with Susan, not interested in being a "cat wrangler"....love that!

Oct 05, 2015 10:40 PM
Rainmaker
202,542
KAREN SANCHEZ
Hamilton Landon Real Estate - Apple Valley, CA
...Marketing your home like no one else will.

I think about it all the time.   I haven't made the leap.  I like my office. I like my broker.  I'm  comfortable right now.   The timing just never sems right.

Oct 05, 2015 09:34 PM
Ambassador
3,722,438
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

It takes gifts to be a great broker/owner that I just don't have.  I tried being an managing broker for a local firm, and listing and selling is so much more fun.

Oct 05, 2015 12:32 PM
Ambassador
3,986,660
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Yes I did and had one for 10 years and now am back to working for a broker and the thought constantly pops into my mind.

Oct 05, 2015 11:32 AM
Rainmaker
640,823
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Santa Clarita & Aliso Viejo

No, because I'm not nuts!  We net about 90% of the gross commission for our side and the broker takes all of the liability.  I don't worry about rent, utilities, insurance, E&O or someone messing up and me ending up in court over it.  I won't be going bankrupt due to the actions of another either.

Oct 05, 2015 11:20 AM
Rainer
140,614
Maureen Fukumoto
Help-U-Sell Realty Pro - Mililani, HI
Maureen

I opened my own brokerage 15 years ago.  It is not always easy, With the extra reward comes extra responsibilities.  I work much harder than I did as an agent for someone else and probably much harder than most of my agents.  In the end I feel like I am in charge of my own career and that is worth the extra work.

Oct 05, 2015 09:19 AM
Ambassador
2,224,117
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

That is something I have given some thought to. I'm not ready to leap out on my own yet, but it will probably happen someday. 

Oct 05, 2015 08:58 AM
Rainmaker
634,272
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

For now I am staying with my company. I don't have the time now to handle starting my own.

Oct 05, 2015 08:28 AM
Rainmaker
5,535,209
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Tony and Suzanne,

We have worked with several clients on this subject.  It really depends on their temperament and their goals.  A

Oct 05, 2015 06:58 AM
Rainmaker
3,687,865
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

We are under the umbrella of a broker who charges a small monthly fee and then for each transaction. Don't need anyone else's headaches...

Oct 05, 2015 06:17 AM
Rainmaker
883,287
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

As brokers and franchises continue process that stifles providing real solutions to real estate issues experienced by home owners, this option becomes increasingly attractive.

As an example, the seller stated, seeing the inside pictures of her home on Zillow from the time it was listed when she bought it, "FREAKS ME OUT!" she said.

Don't allow my house to be on Zillow. Because of the action of my broker, franchise and MLS, I can not meet the sellers need for security, not placing her family and the buyers family in enduring peril, without compromising effective marketing. 

But she did call the right real estate professional. 

 

Oct 05, 2015 05:26 AM
Rainmaker
864,358
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

I did at one time. However, I found out I enjoyed helping my clients much more as opposed to when I was building the business. Besides, the liability was much less.  

Oct 05, 2015 03:30 AM
Rainmaker
778,495
The Woodland Team of Texas
The Woodland Companies - Austin, TX
Land Specialists

I just work for a team, no need to ask for more stress.

Apr 12, 2019 10:37 PM
Ambassador
5,366,342
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Years ago I thought about it, but I much prefer being a team leader and letting our MC broker handle all the brokerage type headaches.

Oct 09, 2018 07:14 PM