Looking for brokers... to work for

8 Replies

I'm taking the RE sales exam (feeling pretty confident about it) and now is the time to find a broker that would be a good match. I am inclining for locally founded brokers. I am an experienced property manager with a solid network in the bay. I would be bringing in clients from day one, but I want to make sure we are a match. Who should I contact?

Appreciate suggestions!

Originally posted by @Hernando Quintero :

I'm taking the RE sales exam (feeling pretty confident about it) and now is the time to find a broker that would be a good match. I am inclining for locally founded brokers. I am an experienced property manager with a solid network in the bay. I would be bringing in clients from day one, but I want to make sure we are a match. Who should I contact?

Appreciate suggestions!

Hey Hernando and congrats (in advance) on getting licensed!

Most brokers will offer much of the same - similar compensation splits; office space; sporadic leads; if you're lucky, some admin help;etc...

The difference maker will be the work that you put in. Sounds like your network will help you become a producer from day 1 which is tough for new agents... most agents close 1-2 deals in Year 1 but it seems like you'll be able to do more than that.

That being said, I'd recommend choosing a brokerage that helps you keep more of your commission in your pocket, has data/trainings available at your fingertips, and presents opportunities for you to hit your long-term goals (i.e. financial freedom, passive income, early retirement). I interviewed 4 brokerages when I first got licensed in 2016 and they all sounded the same. None of them had a plan for me to hit my long-term goals and I don't blame them... most brokers don't have that capability given the traditional brokerage model.

I was in your same position over 2 years ago when I switched brokerages and I can honestly tell you that joining eXp Realty was the best RE decision I've made since joining the industry almost 5 years ago. The brokerage model doesn't work for everyone but if you want to learn to build a scalable business, eXp is worth a look. 

Best of luck to you on your search!

Abel

@Hernando Quintero Congratulations in advance.

I'm sure you know that Brokerage has a huge impact on your success as a Realtor. As an eXp Realty Agent, I can tell you the brokerage has a lot to offer a new agent and seasoned agent.

Below are a few benefits eXp has to offer:

1. Revenue Sharing

2. Free Lead Generation tools (KvCore)

3. Free Stocks

4. Low CAP of$16,000 after then it's $250 per transaction.

Send me a DM or call me if you will like to go in-dept on what eXp has to offer you.

Go ace that test man.

@Hernando Quintero I agree with what the others have said about eXp. Really generous model for agents/brokers. I made an additional $75,000+ my first year at eXp in company stock, revenue sharing and the lower cap. There's really nothing else like it.