If you’ve worked as a real estate broker, you may have considered starting your own brokerage firm. Opening your own firm can lead to increased freedom as well as financial opportunity. However, like any entrepreneurial endeavor, building a company from the ground up can be a daunting task.
Members of Forbes Real Estate Council know about the challenges of establishing a new firm—as well as how to overcome those challenges successfully. Below, members share the most important things to remember when starting your own real estate brokerage. Here is what they advise: