Michael J. Perry, Lancaster, PA   Relo Specialist (KW Elite )

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Rainmaker
5,583,167
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I had many opportunities to buy an existing one or start my own, and I opted to ONE BETTER!! I managed and opened offices for Broker/Owners and negotiated a very desirable fee for that position and service..... WITH NO LIABILITY!!!! 

negligent acts of the agent are binding on the master when done on the masters business and within the scope of the agent's authority......

Oct 30, 2016 09:23 PM
Rainmaker
5,095,966
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

No, I haven't and have never really had the desire to do so. Managing all those agents is a bit like herding cats in my opinion!

Oct 30, 2016 09:54 PM
Rainmaker
1,722,426
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Yes and perhaps again in the future, but I did tire of chasing and policing agents to follow protocols. Sell? The offer was too attractive to pass up.

Oct 31, 2016 12:20 AM
Rainmaker
2,775,186
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

The buck stops with you

Oct 30, 2016 11:12 PM
Rainmaker
1,617,866
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I own it and build it each day.

Oct 30, 2016 11:08 PM
Rainmaker
986,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

I was partnereed in one when I first started - my partner turned out to be less than ethical

Oct 30, 2016 10:15 PM
Rainmaker
846,475
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Hey MP, yes I did from 1998-2002. Be prepared to be an administrator. Sold it to live on a tropical island.

Oct 30, 2016 10:07 PM
Rainmaker
1,771,867
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

No I have enough on my hands trying to service my customers.

Nov 06, 2016 12:37 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Michael J. Perry - not yet. However, make sure you have all systems in place for the agents working at this brokerage.

Oct 31, 2016 03:40 PM
Ambassador
2,678,709
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Since 1993.   Stay educated, stay connected, lawyer up. 

Oct 31, 2016 02:29 PM
Rainmaker
4,272,324
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

No, I would like to someday

Oct 31, 2016 01:05 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I haven't done that yet, but I feel I'm destined for it. 

Oct 31, 2016 11:51 AM
Rainer
12,938
Aaron Mtuanwi
LBBM Brokers, Inc - Lawrenceville, GA
INSPIRED TO SERVE Atlanta, GA [Metro Atlanta Area]

Michael J. Perry. I really appreciate you asking this question. I have so much to learn because I just opened one

Oct 31, 2016 10:38 AM
Rainmaker
4,970,436
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Nope..don't want the liability!

Oct 31, 2016 10:32 AM
Rainmaker
3,986,196
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I own mine now.  It is small and independent.  I didnt like the fees of the big box outfits.

Oct 31, 2016 08:23 AM
Ambassador
6,350,068
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Have owned a consulting firm for nearly 30 years, no plans to sell or close at the present time.

Oct 31, 2016 06:00 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I have never wanted the responsibility nor the headaches to own a brokerage.

Oct 31, 2016 04:51 AM
Rainer
509,449
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

I haven't but am thinking about being a broker in the future.  Also as an agent I'm quite selective in finding a broker. I'd like my broker to be knowledgeable and not just someone who passes the broker exam with very little industry experience.  I've come across some brokers with very little knowledge and some are unethical. Also, I would prefer a broker who is a little flexible instead of someone who is very regulated and policing all documents and even your commission checks. I've moved to a few brokerages and obvously left those who were not a good fit.  

Oct 31, 2016 04:51 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I did and sold.

Advantagewas agility to be a transaction architect.

Disadvantage: costs and care and feeding.

The REMAX model simply made the choice incredibly easy.

Oct 31, 2016 04:30 AM
Rainmaker
1,497,848
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Not yet, but some day.

Oct 31, 2016 03:53 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Michael J. Perry Yes. Be prepared to be chief cook and bottle washer. The overhead and compliance regs can be a full time job.

Oct 31, 2016 02:23 AM
Rainmaker
613,494
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

Sold the brokerage and moved.  In order to maintain our high standards we found that we were micro-managing and spending too much time educating and putting out fires.

We now have a small buyer agency office with just our daughter.  I cringe at the thought of having agents again.  Life is easier and the money is better.

Eve

Oct 31, 2016 01:37 AM
Rainmaker
780,214
Abby Stiller
TOP SELLING REALTY - Cape Coral, FL
SW Florida (239) 284-8637

No, I haven't. But it's in my future plans, my family keeep pushing me to open my own brokergage firm.

Oct 31, 2016 01:21 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I did for 10 years. The money isn't in owning the brokerage, it is in selling real estate. 

Oct 31, 2016 12:59 AM
Ambassador
3,338,624
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I am an independent boutique brokerage.  I would likely not sell however find a trusted agent to refer future business to for a fee. 

Oct 31, 2016 12:40 AM
Rainmaker
897,438
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Have my own, but no agents.

Oct 31, 2016 12:23 AM
Rainmaker
3,415,644
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Still do and wouldnt have it any other way

Oct 31, 2016 12:08 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

No - chose not to

Oct 31, 2016 12:07 AM
Rainmaker
1,839,526
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

I would NEVER even give the option a thought. I respect everyone who thinks it's a great idea. Obviously I work for someone that feel that way.

 

Oct 31, 2016 12:01 AM
Rainmaker
5,189,410
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Yes I have had a sole proprietor brokerage when it was the best avenue and managed for others when it fit the bill!

Oct 30, 2016 11:31 PM
Rainmaker
7,785,759
Roy Kelley
Retired - Gaithersburg, MD

Yes. I have owned several. I sold the businesses to others.

Oct 30, 2016 10:35 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

no

Oct 30, 2016 09:27 PM