How it Works
Every brokerage has three parts: the shareholders, the broker, and the sales associates. However, this does not mean that you need to become a broker to own your own real estate company. Let's explore how in our 8 minute video below:
Traditional Brokerage
When a deal closes and the funds flow to the broker, commission is paid lastly to you, the sales associate.
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Shareholder
Funds flow directly to the owner(s) of the company.
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Broker
Typically, to be the shareholder, you need to be a broker, taking on more responsibility and training.
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Sales Associate
You get your commission paid to you last.
- VS -
Qualifying Broker
By forming your own real estate company, you can register it as a brokerage once you hire the full support of a Qualifying Broker to oversee your deals.
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Shareholder (100% you)
All funds from deals flow directly to your company.
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Qualifying Broker (Jen Johnson)
You would hire us as your Qualifying Broker to oversee the deal, keep you compliant, and to fully support you.
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Sales Associate
You, as a shareholder, get paid first.
Own Your Own Brokerage
Own a real estate company and continue to be a sales associate, without needing to be a broker. When your deals close, the funds flow deposited directly into your business bank account.
WHAT TO KNOW
Forming a Company
The steps to forming a company can be easier than you think. It is the details that make the difference. If this is your first business, or your fifth, we make sure that you are completely covered step-by-step with everything that you need to form a company quickly and correctly.
For this reason, we created the Behind the Scenes Broker to offer Qualifying Broker (Broker of Record) services and ensure that everyone that we work with has all of the resources, training, and support needed to succeed with owning their own real estate company.
Qualifying Broker Services include:
- Business Builder video series
- Support of a Business Advisor
- Qualifying Broker to fully support your business
WHAT TO KNOW
Adding a
Qualifying Broker
Once you form a company, to become a brokerage, you will need to hire a Qualifying Broker and register them as the broker of record for your company. The Qualifying Broker will oversee your deals, support you as a sales associate, and make sure you are always compliant.
With a Qualifying Broker on your team, you have the full support of a broker within your business, so you can confidently close your deals under your own brand.
SCHEDULE A CALL
Find out how you can
Own Your Own Brokerage
We want to be your Qualifying Broker; your Behind the Scenes Broker. We created the entire btsb experience around ensuring you, as a business owner, are poised to thrive every step of the way. We are looking for more than clients. We are looking for partners in every one of our members. Schedule a call to meet us, phone or zoom, and let's get to know each other and find out if we are a good fit. Our goal is to make sure you make an informed decision when becoming a business owner.
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