I passed my exam and have a 9-5 so want to work part time as agent. Can’t seem to find a broker that wants to work with me. Any suggestions. I have had a few seem interested then disappear. Not giving up but disappointed. Any ideas. I am going to continue go through my schools career list over the weekend.
Realtor · San Antonio, TX · Member since 2021 · 150 posts · 107 votes
4y
I had went through a few agency interviews when I received my license in Texas. Seems like the sales pitch is similar across the board. I ended up with eXp Realty for the content on demand, broker is easily accessible in their online "world" (similar to the meta verse), and the splits were more competitive than some of the other big players. I've actually referred over to agents in NYC and it's been easier to network across the country.
@Robert Finn I did connect with Someone from exp. Had 2 conversations with them. Thought I would join because of the virtual training. Now radio silence. How has your experience been with them? Are you part time or full time?
Realtor · San Antonio, TX · Member since 2021 · 150 posts · 107 votes
4y
@Pam Wils I started out as part time while working my w2. Now I am full time :)
There is a sponsor program, which essentially means someone from eXp will guide you into the brokerage and answer any questions before you join. After you join you choose or are assigned a mentor. They will work with you on your first 3 transactions then you go from 60/40 split to 80/20 split. Online content is pretty good, and they have classes M-F you can sit in on and listen through their "eXp world" online platform.
@Robert Finn I did speak to someone who I thought wanted to bring me in on his team. He told me the fees were higher in nyc. He answered all my questions. We had 2 conversations and he was always responsive. I told him that I would give exp a go. He sent one response and now radio silence.
Not so sure about NY/NYC, myself. But, as mentioned above eXp is a possibility. They are a newer Brokerage model based on being "virtual" and with a "Ponzi looking scheme" (which they say is verified isn't..) where you get a portion of the commissions from the agents that you bring in and theirs, etc. So, it incentizes agents to recruit and make sure their recruitees produce. There are many here on BP. Hoenstly, I find them sometimes annoying because they are networking to recruit, not as much to do deals. But, for you that could be good.
I think the main trade-off is the virtualization. Honestly, for training and networking, a traditional brokerage could be good/better since by going to meetings you can learn more when you are starting out. I know you said you have a full time job, but some of our agents work part time, make a few meeings and are still some of our top producers.
So, sorry I don't have clean answer for you. But, keep looking.
Real Estate Agent · Austin, TX · Member since 2015 · 5k+ posts · 3k+ votes
4y
@Pam Wils I don't recommend part time but if it's all you can do to start just work to go full time asap. Keller Williams has been the best for me and I worked at a smaller shop before.
Real Estate Agent · Louisville, KY · Member since 2014 · 257 posts · 172 votes
4y
@Pam Wils@Christian Gonzales EXP is actively growing and always recruiting new agents. It has a great mentorship program and TONS of virtual training. Happy to jump on a call anytime
What are you both looking for? If you're looking for a mentor, doing RE sales part-time is hard to find someone to invest their time in you. If you think you have a network that will bring you deals, I may know someone that you speak with for a split.
For me, it also depends on what time of brokerage you want to represent. I know there are many that I didn't feel met my personality. Then comes the training, then the support (are you self-sufficient or will you need alot of hand holding in the beginning) and then comes the compensation split. Happy to have a general conversation with you once you have some brokerages to pick from, but I don't have recommendations in NY. sorry