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Updated over 9 years ago on . Most recent reply

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Kevin Linh
  • Pasadena, CA
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RE Company offers 1 year deal! Is this too good to be true?

Kevin Linh
  • Pasadena, CA
Posted

Hello everyone, 

I just found out my cousin who is taking classes at a RE company called Century 21. The contract states that if classes are taken with Century 21 (around $400 for classes and another $185ish for exam) that they will hire me and let me work for them for 1 year (if I pass the exam). I was wondering if anyone  has ever heard of something like this? If you have how was it and what RE company was it for? 

To me this sounds a little to good to be true, because after you sell your first property Century 21 will reimburse the $400ish dollars for the classes. My cousin sent me a picture of the contract, it looked simple so I became a bit skeptical. I know that Century 21 is a big RE company out here in Southern California but I'm not sure if it's country wide.

Any information will be great since I really want to get my RE license and start RE career. I've waited to long and I need to start taking some action.  If this is true signing with them would be a good idea, since they guarantee that I will be able to work with them for at least 1 year. 

Thanks again 

Kevin

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Chris Soignier#5 Coronavirus Conversation Contributor
  • Real Estate Broker
  • North Richland Hills, TX
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Chris Soignier#5 Coronavirus Conversation Contributor
  • Real Estate Broker
  • North Richland Hills, TX
Replied

Almost any real estate brokerage will "let" you work for them one year or longer.   You'll be a 1099 contractor, so there's very little fixed cost to having you on their team.    What's the commission split?     They're liking better that's how they'll get their investment back.    

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