How do I start real estate brokerage business?

Question by pinkplaid610: How do I start real estate brokerage business?
I just received the real estate broker license in California, and plan to do brokerage business. I’m not planning to setup a company or hire any agent. I’m thinking about joining Orange County Association of Realtors. Do I really need E&O insurance? What steps am I missing? Any advice will be appreciated.

Best answer:

Answer by Alex R
Just during this recession, avoid real estate like a piece of crap. And starting businesses isnt really a great idea right now with the new tax on venture capital going from 15% to 39.6%

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