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Benefits Of Having Personal Alabama Broker License by Mili Bose





Benefits Of Having Personal Alabama Broker License by
Article Posted: 08/20/2014
Article Views: 125
Articles Written: 927
Word Count: 578
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Benefits Of Having Personal Alabama Broker License


 
Real Estate
With the help of an Alabama broker license step ahead towards the path to a rewarding and challenging career.

An immense degree of satisfaction is received by helping the people in finding for them an appropriate business location and right apartment to live in. With the help of an Alabama broker license step ahead towards the path to a rewarding and challenging career. For obtaining the Alabama broker license, you will have to be the citizen of the U.S., your age should be minimum of 19 years, you should not have any felony records and you should be a graduate or should be having a G.E.D. One more condition is that you are not holding a revoked broker license or a rejected application within the period of the last 2 years from your current application.

In Alabama, a property broker and a property sales agent have different property licenses. The difference between the licenses owned by them is that the sales agent can work under the brokers only and cannot start their own venture, whereas the broker’s license permits the broker to run his own venture.

Advantages Of Having Your Own Broker License

Many real estate agents and investors are there who prefer taking a property broker license as they have a lot many advantages, among which some have been mentioned below.

More Money Made Easily

It has been realized by the investors that whenever they sell any property through a broker, they have to pay about sale’s 6% to the broker as his commission. Also, they have noticed that while buying any property, they have to pay the agent 3% so as to facilitate the transaction. If you calculate, then you will find that the agent is getting about 7% to 8%. This can be saved if the investor owns a broker license. Hence, he can multiply his money easily by not giving any commission to the sales agent.

Deals Can Be Controlled

If you are your own broker for your every sale and purchase, then you can fully control the deals. You can submit your offers and also negotiate with the listing agents directly. You deal with the appraisers, lenders, lawyers, loan officers and the lenders without any middlemen in between. Every sale, purchase and marketing is under your full control. Only the drawback is that you will have to take the entire headache, like right from searching the buyer and the seller and making the deal with them. This drawback can be ignored because the return that you are going to get will be too high. Your agent may not take the work seriously, but if you will do the transaction by yourself, you will make the last effort to materialize the transaction.

Make The Search More Deep

You will make your search deep for the buyer and the seller so that you can get the maximum profit from the deal. Your agent will not pay much attention on how much profit you are going to do as he will be getting his fixed commission. People generally prefer to buy or sell real estate through the licensed brokers. Thus, if you will have a license, then you can contact your clients and they will not hesitate in doing transactions with you.

Mili Bose is an expert writer. She writes on all topics related to Real Estate Brokers & license. For more information about Alabama broker license, take a quick look at www.careeracademyofrealestate.com

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