Opening a Real Estate Brokerage?

[David]

There is no need to go to college for that, invest your time in marketing or business administration.

A brokerage doesnt "broker" homes. You employ real estate agents that pay a portion of their commission to you. They list the homes they want, doesn't matter if its a 20million dollar home or a 20k condo.

Maybe you mean real estate agent? Focusing on more expensive homes? The problem there is finding the clients, if you came up in a wealthy social group it may be easier for you.

Becoming a real estate agent is fairly easy and just requires classes and some fees. The brokerage requires you to be an agent for a few years first, more classes and licenses.

I primarily do investments but I highly suggest spending a few years doing traditional real estate before stepping into this world.

Whatever you may think of your "mentor", if they are an agent working for prudential they are not that successful. The successful agents own their own brokerage and don't give a % of their income to a broker.