Brokerage in Massachusetts with low fees??

Question

Hi all-

A friend of mine is a licensed agent in Haverhill. He has been with a large franchise for several years but due to high fees is not renewing with them this year. Can anyone recommend a low cost brokerage in Massachusetts where he can renew his license and maintain MLS access? He has a full time job and is not looking for any office support, leads, or training. What is the least expensive way to retain MLS access and have the ability to do your own deals in Massachusetts? Thanks in advance for your help!

Jimmy Seaborg · Answer

@Jonathan Bowen thanks for the post. My friend is probably not a great fit for you because he has only done 2 deals. I will pass your info to him anyway to see if there is a fit. Thanks again.

Jimmy Seaborg · Answer

@Eric S. and @Steve Bracero thanks so much for the replies. I honestly don't know much about these costs because I am a new investor with no license. My sole intention is to help a licensed friend who would like to renew with someone less expensive because he is a part timer and will likely do no deals for a while. But I selfishly want him to maintain MLS access because of all the reports and info he sends me from it.

Steve Bracero · Answer

@Eric S.

That sounds correct, i spoke with them long ago but I did not remember a monthly fee

Jimmy Seaborg · Answer

Thank you @Phil Glantz, that is very useful info. Much appreciated!

Phil G. · Answer

Allison James Estates and Homes has a plan for $35/month plus a transaction fee of around $425.  The Massachusetts state broker is a great guy and works out of his Nashua office.

Eric Stafford · Answer

If I remember correctly, United Real Estate is 100% commission but fixed $500-600 fee per transaction but $65/month.

Steve Bracero · Answer

@Jimmy Seaborg

I think United Real Estate  is a fee per transaction

Eric Stafford · Answer

@Jimmy Seaborg do you think you can qualify low cost? I've seen costs as low as $65 up to $150 that people consider low. I ran into a broker before that is no fee but they don't usually take on part timers.