i am considering getting a brokers license in massachusetts, its pretty easy. but since i know nothing about real estate i am wondering how exactly you make money with a brokers license. can someone take me through the process. ex: step 1, pass the test and get ur license....step 10, get paidalso im a student so i cant do anything full time with it.
one must become a sales person before becoming a broker. And it is anything but easy; 3/4 fail the test the first time. --to help someone sell property, a broker's agent will take a LISTING. to help someone BUY property, an agent will sign a buyer's agency agreement and find what the buyer wants. the seller pays the commission for the seller's agent and the buyer's agent, in most circumstances. the more agents that a broker has, the more likelihood that one or two will CLOSE deals monthly; that commission is split with the broker UNLESS the Agent pays a desk fee. can guide you further if desired; am licensed in a dif state
