I'm curious if anyone on here works in two different states? I am thinking of moving to another state about 10 hours away. I was also hoping to keep my business here open (bpos and reos) and start working on building a business in the new area. Since I would still be making money in my original location, it would help me stay afloat until I can make money in the new area.
Couple of things to note.
I have my brokers license, but I am not the principal broker/owner of the company I work for.
The reos and bpos are being handled by a licensed Realtor in my original location with me still over seeing the operation. The companies would be aware and okay with the arrangement.
I don't think this would be easy by any means, but the home values have dropped so much, I need to sell way too many homes just to make a decent living.
Has anyone else done this, and what was the hardest things you had to overcome?