I'm on my last week of class.
Was told to interview asap before exam bc process is not exam then brokerage.
Told to get my criminal chk NOW.
My investors flip, aka probono work with no license, is ready in late march
Never did Sale, marketing is my weakness.
Question: should I sell as agent or hire at this point
Interview: I'm more confused then when I came in.
They are big name brands:
monthly fee 104-550/mo(65%-90% split)
plus 125 processing and 350 broker commission for each closing all sides
Monthly fee gives same benefit only diff is split. And graduating commission Max.
I am allowed waive my commission on my properties.
I can compensate another agent if they open house for me. My terms/choice
I can be either residential and/or commercial
A lot of investor
But I don't see their sign in my farming area
I start at 60% bc of my investor experience not 50%
$800+ initial cost to get in..including licensing
No desk fee, monthly cost MLS, key, etc (I'll post when I receive email)
Already just took in 9 new agents.
I'm allow 2 own property sale/buy @ 80% commission a yr
I can't compensate other agent for open house.
I can't waive commission on my own property. I get 80%
I can't be commercial unless I'm certified. It's separate
Cheaper but less flexibility.
I don't see much of their sign in my farm area
But use their website unknowingly a lot.
This one feels like churning agents. And her market analysis are too optimistic.
She is telling me I should list my property @ 255k while others 235k
I have 3 more lined up
all big name one huge local
1 recommended by instructor as investor
1 my broker works in And I'm taking classes in
1 the agency I bought last 2 deals on. Signs all over my farm
Edited Feb 5 2013, 09:50 by Jennifer Lee