Why Choose The Multifamily Group For Your Multifamily Investment Sales Career?
Our Proven Sales Process Has Led to the Collective Success of Our Brokers, With Over $1B in Multifamily Transactions and 20K+ Units Sold.
Here are the steps you can expect to take to begin your journey as a real estate broker with our firm, specializing in multifamily investment sales:
First, you’ll need to fill out an application to determine if working with The Multifamily Group is the right fit.
After a decision to work together, we will get you started on getting licensed while helping you learn how to broker multifamily investment sales in the real estate industry.
As for your license, you have one year from the date of filing your application to meet all the license requirements below.
Throughout this process, you’ll be gaining specialized knowledge in the multifamily sector, setting you up for a successful career in multifamily investment sales.
Who We Are
The Team That Shapes Successful Multifamily Investment Sales Professionals & Brokers
Kickstart your career in multifamily real estate sales with the extensive training and mentorship provided by our team. Our collaborative approach allows you to tap into our rich network of clients and exclusive access to off-market deals. As an investment sales professional at our firm, you’ll leverage our advanced technology and tools to excel in multifamily property transactions.
Jon Krebbs
Managing Partner
Paul Yazbeck
Managing Partner
Chase Davis
COO
Dmytro Gladchenko
Chief Analyst
Real-Life Results
A Real Estate Brokerage That Generate Results for Clients
The Multifamily Group is best real estate brokerage we have worked with in our 25 years in the business. They delivered on their promise to get us a great deal and worked extremely hard to make it happen. They are totally professional. I recommend them without the slightest reservation.
Midwest Manor Seller
The Multifamily Group helped me get 19 competitive offers for my apartment complex and was able to negotiate a price that I was happy with. My agent Yonnic was responsive and professional through out the whole process, from marketing to closing of the deal.
Parkwood Seller
FAQ
We offer more than a licensing program. We provide an immersive experience into the multifamily sector, giving you firsthand exposure to the most robust and resilient real estate asset class. We provide access to industry-leading multifamily market analysis and property evaluation tools and the chance to work on actual multifamily transactions.
To become a licensed real estate broker in Texas, you must meet certain requirements. Firstly, you must have been actively licensed as a real estate agent for at least four years. You must also complete at least 270 classroom hours of qualifying courses in real estate and pass the state broker exam. Additionally, you need to provide proof of your legal residency and criminal history and submit your broker license application to the Texas Real Estate Commission. Overall, obtaining a broker license in Texas can take several months to complete.
It’s worth noting that the exact requirements for obtaining a real estate broker license in Texas may vary depending on your specific situation. Researching the requirements thoroughly or consulting a licensed broker to ensure you meet all the necessary criteria is always a good idea.
In Texas, you must have been actively licensed as a real estate agent for at least four years to be eligible to become a real estate broker. Once you meet this requirement, you can obtain your broker license by completing the necessary coursework, passing the state exam, and submitting your application to the Texas Real Estate Commission. The entire process typically takes several months to complete.
It’s important to note that becoming a broker requires a significant level of commitment and responsibility, as brokers have additional legal and ethical obligations compared to agents. It’s recommended that aspiring brokers have a strong understanding of the real estate industry and possess excellent communication and leadership skills.
Becoming a real estate broker in Texas typically takes 4-5 years of experience as a licensed sales agent, completing 270 hours of qualifying coursework, and passing the broker licensing exam. The exact time it takes to become a broker can vary depending on how quickly the required coursework is completed and how long it takes to accumulate the necessary sales experience.
Becoming a real estate broker means taking on additional responsibilities, such as overseeing the work of licensed sales agents, managing client relationships, and supervising real estate transactions. It requires a strong understanding of the industry, navigating complex legal and financial issues, and excellent communication and leadership skills.
A real estate broker helps clients buy, sell, or rent properties, including homes, commercial buildings, and land. Brokers have more experience and education than real estate agents and have taken and passed a broker’s license exam. Brokers may also manage real estate agents and are typically responsible for overseeing all real estate transactions within their brokerage.
Being a broker means having more expertise and responsibility in the real estate industry. Brokers can own their own brokerage or work for an existing brokerage. In addition to managing agents and overseeing transactions, brokers are responsible for ensuring that all activities within their brokerage adhere to local, state, and federal laws and regulations. Brokers often earn a higher commission than agents but also have higher expenses, including licensing fees and other costs associated with a brokerage.
If you want to become a real estate broker in Texas, one important consideration is the cost of obtaining your license. The total cost can vary depending on several factors, such as the license type and associated fees.
It’s important to note that the cost of obtaining a real estate broker license in Texas can range from a few thousand dollars to several thousand dollars. The fees and requirements are subject to change, so it’s a good idea to consult with the Texas Real Estate Commission for the most up-to-date information.
When considering the cost of obtaining a real estate broker license in Texas, it’s important to factor in the potential earnings of this career. According to the Bureau of Labor Statistics, the median annual salary for a real estate broker in Texas is $76,240. However, top-earning brokers can make over $160,000 per year. Remember that commission structure, niche specialization, and brokerage size can all impact a broker’s income potential.
As a Texas real estate broker, your salary can vary based on experience, location, and time you invest in your business. The Bureau of Labor Statistics reports that the median annual salary for real estate brokers in Texas is $76,240. Top-earning brokers can make over $160,000 per year. Your income potential can be influenced by commission structure, niche specialization, and the size of your brokerage. To be successful, brokers need a strong work ethic and a willingness to invest time and effort in building their business.
Becoming a successful real estate broker in Texas requires time and dedication. As a new agent, you may start with a lower income until you build your network and gain more experience. Your income potential will increase as you acquire more clients, close more deals, and become a more seasoned agent. Staying adaptable and willing to learn will help you stay competitive in the Texas real estate market and grow your income.
It’s essential to meet the licensing requirements to become a real estate broker in Texas. This includes obtaining a real estate license, completing the necessary education and courses, and passing the state exam. As a licensed broker, you’ll have the opportunity to establish your own real estate brokerage or work with established brokers to develop your skills and income potential further.
Embarking on a career as a Texas real estate broker with no experience requires obtaining a real estate sales agent license first. To do so, complete 180 hours of Texas Real Estate Commission (TREC)-approved real estate courses and pass the state exam. Once you become a licensed agent, work actively in the field for at least four years and complete 90 additional hours of related real estate courses. After meeting these prerequisites, you can apply for the broker exam, which encompasses national and state-specific content.
After passing the broker exam, you must undergo a background check and find a sponsoring broker with an active Texas real estate broker license. This sponsor will supervise your activities as a broker. It’s crucial to maintain your real estate sales agent license in good standing and complete the required continuing education courses to renew your broker license every two years.
To maximize your success as a real estate broker in Texas, focus on networking and building relationships with other real estate professionals and potential clients. Attend industry events and join local real estate organizations to expand your professional network. Additionally, develop a solid marketing strategy to promote your services and attract clients, utilizing both digital and traditional marketing channels. These steps will establish a strong foundation for your Texas real estate broker career.
Unlock Success in the Texas Multifamily Real Estate Market:
A Comprehensive Guide to Becoming a Licensed Agent or Broker
A Comprehensive Guide to Becoming a Licensed Agent or Broker
The Texas real estate market, particularly the multifamily sector, is flourishing, offering outstanding opportunities for brokers and agents. If you’re considering a career in this field, it’s essential to understand the differences between the two roles and the specific licensing requirements for each. The Texas Real Estate Commission (TREC) oversees the licensing process, ensuring that aspiring brokers and agents meet the necessary education and experience criteria before they can practice in the state.
To begin your journey as a Texas real estate agent, you must complete courses covering real estate principles, laws, and contracts. This education is crucial to your success and can be obtained through a real estate school, which often provides additional resources such as exam prep materials and guidance from seasoned professionals. Once you’ve fulfilled the required credit hours, you’ll be eligible to take the salesperson exam, which tests your knowledge and understanding of the real estate business.
If your aim is to become a broker specializing in multifamily investment sales, the licensing process is more extensive. You must complete additional courses and accumulate specific real estate sales experience hours, particularly in the multifamily sector. After meeting these prerequisites, you can submit your application to TREC and schedule the broker exam.
Both real estate agents and brokers in Texas can expect to earn commission based on their sales performance. Brokers generally receive a higher percentage, which reflects their increased responsibilities and expertise. Becoming a licensed real estate professional in Texas offers many job opportunities, such as working as a buyer’s or seller’s agent, pursuing property management, or even establishing your own brokerage firm. Texas real estate agents and brokers must stay current with estate marketing trends and strategies to remain competitive.
In addition to the initial licensing process, real estate professionals in Texas must complete ongoing education courses to maintain their licenses. TREC sets the credit hour requirements for these courses, which cover updates in real estate laws, regulations, and best practices. As a license holder, it’s crucial to stay informed about these changes and commit to your professional development continually.
In the dynamic Texas real estate landscape, the role of a broker extends beyond facilitating property transactions. A successful broker possesses unique skills and knowledge, acting as an expert advisor, market analyst, and negotiator. As you embark on your journey to become a real estate broker in Texas, you’ll find that embracing innovation and staying ahead of industry trends is crucial to maintaining a competitive edge.
Focusing on providing exceptional customer service and leveraging cutting-edge marketing strategies, you can cultivate a thriving real estate business while adapting to the market’s ever-changing needs. By embracing this entrepreneurial mindset, you will set yourself apart in the Texas real estate brokerage world and unlock the potential for higher earnings and long-term success.
By following these steps and dedicating yourself to your career in real estate, you can establish a thriving and fulfilling profession as a real estate agent or broker in Texas. The state’s growing economy and increasing demand for real estate services make it an ideal location for ambitious professionals eager to make their mark in the industry.
Apply Today
Fill Out Our Application to Become a Texas Real Estate Broker with The Multifamily Group
After submitting your information, you will be contacted by Jon Krebbs, who will answer any questions and conduct a preliminary interview to determine eligibility to join the program. Your inquiry will remain private and confidential.