Low or flat fee brokerages to hang my license with?

Question

Hi,

I did my first 3 years with a boutique agency in Seattle which was fine for the purposes of buying and selling my own properties or those of friends and family but there wasn't any new client leads and the desk fees and percentage to me wasn't great considering I tend to do most of my work at home and on my own phone (I didn't have my own desk at the office).

I decided to deactivate my license when I was schedule for a surgery that would lay me up for a few months but am now thinking about options for hanging my license. I have heard about online brokerages that charge a small fee for E & O insurance and general assistance if needed and only charge a flat fee per transaction. I'm wondering if there is anyone out there who is using one of these companies or has similar alternative; particularly if it's available in Washington State.

I'm currently looking for a regular part or full time salaried job and just want to be able to handle the 1 -3 transactions I might have for myself and friends throughout the year.

Thanks for any help you can give!

Joe Bertolino · Answer

Allison James or HomeSmart

Mary Shea · Answer

Good Morning @Heather Hearsey  I was in a similar position when I first got my license (working full time, and planning on only doing a handful of transactions per year), so I hung my license with HomeSmart Real Estate Associates.  We have 2 offices, one in GreenLake and the other in Bellevue.  $50 desk fee per month, E&O per transaction and a flat $299.  Great mentoring program & trainings.  Give Teri Jones, the DB a call.  Google the above business name or PM me for her number, since posting numbers is prohibited here.

Heather Hearsey · Answer

Thanks Joe and Mary! I'm not quite there yet but I will definitely look into HomeSmart!