Wednesday, July 25, 2007

Why Many Licensed Real Estate Brokers Choose National Association of Independent Real Estate Brokers

The National Association of Independent Real Estate Brokers abbreviated as NAIREB is an industry association for independent brokers and agents.

To qualify as an Independent Real Estate Broker the person first needs to be a licensed real estate professional who has completed all state requirements to become a Real Estate Broker.
Individual states in the USA may require a real estate salesperson to have worked for a set period of time and to have undergone additional training before applying to become a real estate broker.

An Independent Real Estate Broker differs from a ordinary real estate broker because he or she does not have involvement with a franchised company.

Many real estate brokers choose to become Independent Real Estate Brokers to avoid paying large franchise fees including: an initiation fee, renewal fees, and fees for business and promotional services or support.

The franchise company will usually take a percentage of every commission earned by the broker.

Franchising is popular in many industries and real estate brokerage is no different. Despite the high franchise costs involved there are advantages for brokers tied up with a franchised company. Franchised companies generally have extensive networks with access to large listing databases. They also have connections with other real estate professionals with can be advantageous to brokers.

The National Association of Independent Real Estate Brokers charges for membership but doesn't charge a franchise fee. As part of the NAIREB membership fee, an independent broker has access to the National Association of Independent Real Estate Brokers national referral network. The are also other networking opportunities associated with membership of the National Association of Independent Real Estate Brokers.

To become a member of NAIREB, brokers must be licensed Real Estate Brokers who are the principle brokers of their own real estate company.

The National Association of Independent Real Estate Brokers ( NAIREB ) website is http://nationalrealestatebrokers.org

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