4 min read · November 9, 2022
In September of 2022, it was reported that the number of homes that were up for sale in the U.S. had grown by roughly 27 percent since the previous year. This goes to show that the real estate market is still growing as quickly as ever, but when it comes to working as a real estate agent, how can you find a broker to sponsor you?
Learning how to find a broker to sponsor you can seem a little confusing at first. After all, there are multiple different sponsorship options out there, and it’s hard to know which option you should choose.
However, if you are struggling to find a broker to sponsor you, then don’t worry. The good news is that at Pinnacle Realty Advisors, we have covered exactly where you can find a broker to sponsor you.
So if you would like to learn how you can get broker sponsoring, and some useful tips along the way, then keep reading.
One way that you can get a broker to sponsor you is to look for training and mentorship. Getting a career mentor can seem daunting. However, a good mentor can help you to excel in real estate particularly if you are a new real estate agent.
There are several ways that you can look for training and mentorship, including looking online. For example, there are websites available to help you grow in your career and make more sales in real estate.
One benefit that you can get when joining some of these mentorship programs is that you can get sponsored. However, it is worth noting that some mentorship programs will require you to give them a certain amount of commission for any sales that you make.
While these training and mentorship programs can be good, you must choose the right one. Otherwise, you may end up paying a lot of money for a poor-quality mentorship program.
Another way to get a broker to sponsor you is to simply talk to other agents. To do this, you simply need to get networking and find out what sponsorships are being offered in your area.
When talking to other agents, you may find that some of them have opportunities for you to get sponsored by them. Some agents may even have established businesses that offer sponsorship programs for brokers.
So it’s always good to make connections and find out what opportunities are available.
If you live in a big city then you should be able to find lots of different real estate events that you can attend. You can also visit open houses to get more familiar with the different brokers and agents in your area.
One downside of talking to other agents is that it can sometimes take up a lot of your time—particularly if you are trying to find the perfect broker who can sponsor you.
That’s why it’s important to be patient and keep looking for the right sponsorship. After all, the last thing you want to do is to get into the wrong sponsorships, as this can have a lot of negative effects on you.
While we have covered two ways that you can find a sponsoring broker, there is another solution that is much easier and will benefit you more. The best way to find sponsorship is to use a broker who is already offering sponsorships.
While this may sound like an obvious choice, it can make your job much easier. This is because there are brokers out there who are actively looking for agents like you to sponsor.
Many of them will offer you some great benefits as well so that you can have more advantages as an agent. The problem is that many of these brokers will try to get a bigger commission off your sales.
However, at Pinnacle Realty Advisors, we like to make sure that we offer our agents the most benefits. That’s why we aim to make Pinnacle the best option for part-time agents and agents who want their independence.
One of the ways we do this is by allowing you to keep the commissions that you make.
Unfortunately, most traditional brokers will charge you a broker fee of at least 30 percent. This can be a big cut out of your overall profits and it can cost you a lot of money in the long run.
However, at Pinnacle Realty Advisors, we offer a 0 percent broker fee so our agents can keep their profits.
If you would like to learn how we can help you get sponsored, then simply view some of the different sponsorships that we offer.
Learning how to find a broker to sponsor you can seem like it is a difficult task. However, it doesn’t have to be. The reality is that there are lots of different sponsorship options, and it’s just a matter of finding the best broker sponsorship.
It is worth noting that not every broker will be a good fit for you. That’s why it’s always important to do some research and find the broker that will benefit you the most.
If you would like to discuss getting a sponsorship, or receive some friendly expert advice, then why not schedule a personal consultation today?