Start your own M.S.WOODS Brokerage

Advantages of licensing our “Marks” for $495 per year instead of franchising with other companies.

  1. You own the real estate brokerage.
  2. No large start up franchising fees.
  3. No large recurring franchise fee every 5 years or so.
  4. No annual franchise royalty percentage of gross commission income.
  5. No one telling you how to run your business.
  6. Work from home, virtual office, shared office, executive office suit, or a regular office.
  7. Have as many office locations you want.
  8. Work as a Sole Proprietor, PC, LLC, Sub-S Corp, Full Corp or any other entity you prefer. 
  9. Work as a sole practitioner or recruit and train other real estate brokers to work for your brokerage.
  10. If you recruit and train, you decide how to compensate each real estate broker or agent. 
  11. You get paid directly at closings.
  12. You store your own transaction paperwork.
  13. Your brokerage contact information is on www.mswoods.com
  14. If you work in central Indiana or the southwest coast of Florida, your brokerage information is on each of your listings at mswoods.com
  15. You can receive leads for your selected areas from mswoods.com for a 25% referral fee.
  16. mswoods.com has been in existence since 2000 in central Indiana and receives approximately 1,000,000 pages views per month from approximately 50,000 website visitors per month.

Disadvantages

  1. Thinking.
  2. Thinking harder.
  3. I give up.

Requirements for Indiana

  1. You need to be Broker Manager Eligible.
  2. You need to have completed 25 residential real estate transactions in the state of Indiana.
  3. You shouldn’t have any consumer complaints at the Indiana Real Estate Commision or your local, state or national REALTOR’s Association.

Steps to start your own M.S.WOODS Brokerage

  • Think of a DBA name for your brokerage. Examples:
    • M.S.WOODS Brittany Woods
    • M.S.WOODS Stancato Group
    • M.S.WOODS Indy North
    • Real Estate Supremes M.S.WOODS
  • Hold your own broker’s real estate license.
  • Purchase Errors & Omissions Insurance.
  • Change your local board of REALTORs affiliation to your new brokerage name.
  • Print up some signs and cards with your new brokerage name and contact information.
  • buy the domain name to match your new brokerage name in case you want to build a website.
  • Go sell some real estate.