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Well, I have not been an agent but I know most pay a ton out of pocket and the traditional 7% split to 3.5% then split again is not worth it especially after all the expenses you pay.
If you get in with a big multi-state lender you will have minimal if any expenses.
With your net knowledge you will capitalize on that segment of the industry.
Do you still work the ITT job though? This is not a part-time type of business. Some may allow it though. It is not suggested by me to do part-time.
You control your destiny in most cases. You can charge what you want up to a cap of course but Making 4-6% is not rare.
In CA it is though because of the lender saturation and shoppers.
Investment is perfect. Good niche. But, % of less money in some cases. Depends on where you invest of course.
Are you focusing more on flipping or retaining with the investment side?
__________________ Greg Phillips Manager Fairfield Mortgage Company Web : Home Forums Blog |