Looking for reviews on Texas Broker Sponsor
Member since 2021 · 2 posts · 0 votes
Looking for reviews on Texas Broker Sponsor
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Chemical Engineer · Houston, TX · Member since 2015 · 6 posts · 5 votes
4yI wouldn’t recommend using Texas Broker Sponsor or anyone affiliated with them. I was an agent for them for several years and they’ve changed recently. I’m currently going to litigation to get my commission that hasn’t been paid for a closing from September 2021 and know another agent going through the same issue with them. I spent months trying to email and call them, only to have them lie to me repeatedly. They were not always like this, but they’re no longer trustworthy and should be out of business.
9 Replies
- 5yJordan MoorheadBusiness MemberReal Estate Agent · Austin, TX · Member since 2015 · 5k+ posts · 3k+ votes
@Lili Rocha I love working with KW
The Moorhead Team5140 Reviews - Residential Real Estate Broker · College Station, TX · Member since 2013 · 1k+ posts · 969 votes5y
@Lili Rocha. My presumption is you are a new agent. With that in mind, there are a lot of things to consider in making your choice, but utmost in my mind is the training and support you'll receive from the Broker. Initially, it's even more important than the Broker / Agent splits.
There is a VERY HIGH fallout rate among new agents, primarily, IMO, due to inability of new agents to create business for themselves. And whether you realize it or not, from this point forward - You are in business for yourself and YOU are the Business.
Good Luck.
What do you plan to use your license for? Listing your own properties? Working with investor clients? Working with retail clients? Or a combination?
Are you look for a brokerage to "hang your license" or a brokerage that has support, training, bricks & mortar office?
Texas Broker Sponsor is definitely a "ghost broker" "hang your license" type of brokerage. Which works well if you already have realtor experience, are self-motivated, can be source your own leads & clients, and generally have a good knowledge of how residential real estate works in San Antonio. If the above doesn't describe you, you'll likely want to look for a brokerage with more support and training.Best of luck in your search.
- Member since 2021 · 2 posts · 0 votes5y
I have experience working as a realtor, but I'm thinking of getting into investing.
My idea is to find a broker that won't make me split commission on my own deals. But that provides support on transactions. Maybe paying an annual fee that covers all, or something like that.
I'll preface this by stating I am a Broker and own/run a Brokerage.
Sounds like you're looking to "hang your license" somewhere. These types of brokerages usually operate with either a monthly/annual fee(s) or they offer flat fee commission splits (i.e.$500 per transaction split to Broker). The caveat being these types of brokerages off little-to-no support for their agents (regardless of what their website says). I held my license at a similar brokerage for a couple years before I started my own. I only ever met the Broker in person once, by happenstance in an airport in California.Before you agree to sponsorship, I would definitely make sure you will be getting the level of support you want & need.
- Investor · San Antonio, TX · Member since 2017 · 344 posts · 268 votes5y
I would agree with Seth...it really depends on what you're looking for. I have my license at a broker with a similar setup and it's great for everything I need...having MLS access and listing my own properties.
I think the level of support, leads, etc can definitely make the splits at brokerages worth it. I think if you're goal is to work as an investor someone like stepstone is probably a good balance of being investor focused and still having resources and support (from what I've seen or heard).
Also working with someone like @Seth Teel at Somos will be incredibly helpful if your focus is investing. Every realtor is some how "investor friendly" but most don't actually invest themselves or have much familiarity with off market transactions (or who to buy from for off market properties). There is a lot that goes into that is best learnt by working alongside people who are actually doing it. - Chemical Engineer · Houston, TX · Member since 2015 · 6 posts · 5 votes4y
I wouldn’t recommend using Texas Broker Sponsor or anyone affiliated with them. I was an agent for them for several years and they’ve changed recently. I’m currently going to litigation to get my commission that hasn’t been paid for a closing from September 2021 and know another agent going through the same issue with them. I spent months trying to email and call them, only to have them lie to me repeatedly. They were not always like this, but they’re no longer trustworthy and should be out of business.
- Realtor · Dallas - Fort Worth Metroplex, TX · Member since 2016 · 1k+ posts · 925 votes4y
@Lili Rocha. Let’s chat. I am very happy with my transactional brokerage.
- Member since 2025 · 1 post · 0 votes11mo
Quote from @Lili Rocha:
I'm a realtor in San Antonio TX looking for a broker. On paper, texas broker sponsor looks like a good fit.
Does anyone have experience working with them? please tell me about your experiences with this company. Also, if you have a company or broker you would like to recommend, that would also help.
Thanks
I was previously sponsored under The Miramas Group, which also operates as Texas Broker Sponsor and is affiliated with 1st Brokerage, owned by Ron Miranda with Serena O’gwin-Miranda oversees operations and agent communication.
Despite submitting all required documents through their portal and again by email, I experienced significant delays. I closed two referral transactions in August 29 and September 5th with the final commission being processed November 19th. Although one check required re-issuing, the brokerage had possession of the check from October 9th until approximately the second week of November before returning it to title to process payment.
Communication, particularly from Serena O’gwin-Miranda, was inconsistent, with multiple emails going unanswered for extended periods. Phone calls were also not returned despite repeated requests to the broker and staff members. I have never been able to get the broker or office to answer a phone call.
Due to the communication delays and documentation disorganization from the brokerage, I involved an attorney and issued a formal demand letter before payment was finally processed. Commissions were ultimately paid, but only after continued follow-up that should not be necessary in a professional brokerage relationship.
Lack of clarity regarding dues:
In June, the brokerage requested a payment of $400+ for “HAR/TAR/NAR dues.” When I later joined a board directly, neither HAR nor MetroTex could locate any dues paid under my name. I called HAR personally and was informed that the brokerage was not required to pay HAR dues because HAR is not their primary board.I requested an itemized invoice for the dues payment from the broker and staff on multiple occasions and did not receive one. The information above is based solely on written and verbal communications I had with HAR and MetroTex and reflects my personal records. I cannot speak to how the brokerage allocates dues internally and am only relaying what was communicated to me directly by those associations.
Agents considering this brokerage:
Request written confirmation and copies of all submitted invoices immediately after submission, rather than relying solely on the internal system. In my experience, it did not provide confirmation of receipt and contributed to delays.This review reflects my personal experience as a licensed agent and is intended to help others make informed decisions when selecting a sponsoring broker. I recommend confirming communication standards and fee structures prior to signing any ICA or sending them money.
Serena O’gwin-Miranda also hosts the Let’s Talk Motivation podcast, which promotes leadership and professionalism. My experience with communication and follow-through at the brokerage did not align with the professional standards emphasized in that content.
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