Which Managing Broker to choose as a New Agent in Chicago suburb

6 Replies

Hi Everyone!!

My Name is Muhammad and I just passed the Real estate broker exam last week in Illinois. Very excited to start this new chapter in my life, I will be working as a part time realtor for now. 

I am trying to find a broker who provides good training for new agents which will fit my part time schedule (After 4 pm and weekends). I have seen some brokers asking for monthly fees for office space and some asking for a pretty hefty commission split. Although commission is not everything, I am trying to find something reasonable. 

I have so far looked at Exp Realty,  Keller Williams, Baird & Warner (Interviewing with them soon). Kale Realty & HomeTown Realty seems like something suitable for experience agents as they offer a 100% commission split but not much training.

I am located in Northwest suburbs of Chicago and looking for something locally. I was trying to see if anyone here went through this recently? any help is much appreciated.


@Muhammad Khan congratulations on getting your license. Are you planning on working with investors, or with traditional buyers and sellers? This makes a big difference as many of the big "brands" have no training that will help you understand how to figure out a cap rate or cash on cash returns. I chose to work with the brokerage I am with because I work with a team that understands investing. Most of my business in the Berwyn/Brookfield area is with investors, and working with a bigger named brokerage wouldn't help me much. That might not be the case though if I was going the traditional route. 

@John Warren Thanks for the reply, starting off I will be working with traditional buyers and sellers.  I have set up  interviews with Baird & Warner and Keller Williams to see what they can offer. 

Heard good things about D Aprile's training. 

Thanks Account Closed I will check it out. 

Hello @John Warren

I am currently looking at obtaining my first multifamily property this year and have been looking in the Chicago market.

Would love to connect and potentially work together!

@Muhammad Khan I joined KW because of the training they provide. Did you meet with them already? 

Create Lasting Wealth Through Real Estate

Join the millions of people achieving financial freedom through the power of real estate investing

Start here