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Randy Bollig

The "One man/woman office" part 2

By: Randy Bollig
Thursday, July 05, 2007 1:01 PM

Fellow Realtors,

I appreciate the response from my fellow Realtors. I would like to see a "support group" if I may call it that for the one person Realtors out there. We are inundated with solicitations to join the pack with the franchise companies. I am a Realtor with 33 years experience. I spent 9 years in the Re/Max franchise. I have no objection to their business plan. My experience was good and I had a very supportive broker/owner. Many agents do not have any option except to join a large franchise company since they do not hold a Broker license. I work in Texas where the licensing requirements for a Brokers license require many hours of college. Good policy for consumers. My position is..if you are a broker there are many advantages to going it alone and working out of your home. We have a KW office in Southlake Tx. that has 400 agents! Obviously all the agents are working from home anyway but forced to pay a monthly fee to be in the business.

Get your brokers license and move home.

Any comments? I would like to hear from some of my kindred souls out there.

 

Randy Bollig Realtor

randymybroker.com

 

 

 

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Comments

Mark Cohen
Member Since '03

Mark Cohen said:

I have been a sole broker for 5 years and have yet to receive a solicitation from a franchise.  Why are you being unindated with solicitations?  I do get many agents asking me if I like being on my own and there has been a huge increase of sole brokers in my MLS in the last 2 years.  It is becoming very popular to not be connected to a franchise here.  As far as a support group:  Can a support group bring me more clients - highly ready buyers and sellers?  If so I will spend time with it.  Otherwise, I probably won't be interested in spending time with another blog.

July 5, 2007 2:55 PM
Karen Weger
Member Since '05

Karen Weger said:

Hello! Fellow Texan. I have worked with all of the major names. Payed my fair share of franchise fees, office fees, broker fees, etc...

Once you are comfortable with working on your own, go for it. I joined a flat fee broker in San Antionio several years ago and worked from home 2 years. I then found a broker out of Houston that allowed me to open my own office, as a branch with TREC and hire my own agents. Very reasonable fee! Flat fee. It is wonderful. The benefit to using him and not getting my brokers license is this....He sponsors over 400 agents in Texas and he gets a good rate on E&O insurance. If I were to go broker myself, I would probably pay a lot. I am a manager owner and have been in real estate a long time. I know the ropes. I would not recommend a rookie to do this. I rented office space. Opened an office. It is great. Write me directly if you want more information. Good luck.

July 5, 2007 8:39 PM

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Randy Bollig
Randy Bollig, Realtor

Randy Bollig
Member Since '07

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