I recently passed my real estate salesperson exam. Currently I am looking to join Massachusetts real estate brokerage who offers good splits and less fees. My focus is not really to sell real estates but rather buy investment properties to save some commission. Having said that, I won’t mind helping friends and families sell their houses here and there. That’s why some training in the beginning would be great. I have interviewed Lamacchia, Berkshire, KW so far, Lamacchia seems to have great trainings but their fees are high, same with Berkshire and heard that KW has higher fees too even though they have higher splits.
Any help would be appreciated? Let me know which brokers you guys think are good iaround Malden / Somerville/ Cambridge area?
For lowest fees check out the virtual brokerages like Exp and Compass. I know Exp had lots of virtual trainings and competitive splits. @Jeremy Wirths is an active agent here on BP and has been a Exp agent for a while.
I run a team of investor focused agents out of Lowell MA. I provide leads, mentorship, and training to the team and so our fees higher but so are our expenses. It’s a trade off.
Congrats on getting your license and feel free to reachout if you have any questions.
best of luck!
Clockhouse Realty has very low fees but does not provide much support. If you're looking to just 'hang' your license and willing to give up support for higher checks that would be a reasonable place to go.
Hello, so I started my RE business in 1999 & was formerly with Remax & KW. I switched to eXp for 7 main reasons:
1. Revenue share @ eXp is superior to Profit share @ KW; Remax had none.
2. Stock awards @ closing and @ Icon status. KW & Remax had none for agents.
3. Health/Medical care. KW & Remax had none for agents.
4. Investment opportunities & network in both US & Asia (residential & commercial). Remax was good with this but fees are higher. KW was more affordable. eXp gives me 3 free transactions per year.
5. Express Offers/iBuyer platform
6. Daily coaching & training. Grant Cardone and his wife just joined.
7. Office & culture-my particular group has brick & mortar so we meet daily in person or zoom, if needed
My recommendation is do your due diligence. Much success to you!
Hi Yuzi! So I can share a quick summary. I have been in RE investments & sales since 1999. I was formerly with KW and Remax. I switched to eXp for 7 main reasons:
1. Revenue share @ eXp is superior to Profit share @ KW. Remax had none.
2. Stock awards @ closing and @ Icon status. Both KW & Remax had none.
3. Health/Medical care. Both KW & Remax had none.
4. Investment opportunities & network in both US & Asia (residential & commercial). Also good at KW & Remax. They just have higher fees and I get stock awards at each closing w/ eXp.
5. Express Offers/iBuyer platform. None at Remax or KW.
6. More frequent & daily coaching & training
7. Office & culture-my particular group has brick & mortar so we meet daily in person if needed. These are also good at KW & Remax.
My recommendation is do your due diligence. Much success to you Yuzi! Don't hesitate to reach out.