Looking for reasonable desk fee brokerage for new licensee in WA

Redmond, WA · Member since 2016 · 4 posts · 0 votes

Hi Everyone,

My apologies for posting a question that has been likely asked gazillion times.

I just passed my broker exam in WA and looking for a brokerage with low to reasonably priced desk fees. Please help me with your recommendations. I have main job and will be doing real estate as a side hustle at least at the beginning mainly managing my own rentals and learning things.

Regards,

Boris

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Dmitry Semenov

Redmond, WA · Member since 2017 · 31 posts · 22 votes

Pellego: 2 tiers, 100% commission, $85/mo + $550/transaction and $150/mo + $500/transaction. You'll get access to their software system that analyses deals to estimate flip profit.

AgencyOne: 100% commission, $50-100/mo + $10-200/transaction.

Other low monthly fee brokerages: HomeSmart, Better Properties, probably even more.

Disclosure: I am not affiliated with any of these, was just looking for the same.

BTW you don't need a license to manage your rentals.

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Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
6y
just google for this you want fee brokers.. U wont get that at the big national shops.
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Adrian Chu
Real Estate Broker · Seattle, WA · Member since 2014 · 1k+ posts · 427 votes
6y
Horizon Real Estate is the firm I am licensed with.
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Adrian Chu
Real Estate Broker · Seattle, WA · Member since 2014 · 1k+ posts · 427 votes
6y
Originally posted by @Jay Hinrichs:
just google for this you want fee brokers.. U wont get that at the big national shops.

Jay, do you have any recommendations for OR? I just passed my PB exam.
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Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
6y
Originally posted by @Adrian Chu:
Originally posted by @Jay Hinrichs:
just google for this you want fee brokers.. U wont get that at the big national shops.

Jay, do you have any recommendations for OR? I just passed my PB exam.
there are a few hang your license companies in Oregon.. I think Oregon realty or Oregon first is one.

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Neal Collins
Developer · Portland, OR · Member since 2014 · 732 posts · 490 votes
6y
We used to own our own independent brokerage with a couple dozen agents. Lots of liability and systems creation. At the end of the day we realized it wasn't getting us closer towards our financial freedom goals and we didn't have much leverage with it.

After looking at our experience with our prior brokerages and our needs as investors with real estate licenses, we decided to go with eXp. There are a plethora of great brokerages in the Portland and Vancouver area, but you've got to figure out what fits your style.

eXp has been a good fit for us. We've been able to get the systems we want, transfer the liability, pay a competitive split, and generate passive income from it. We kept our brand and leverage their systems. [Solicitation Removed]

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Dmitry Semenov
Redmond, WA · Member since 2017 · 31 posts · 22 votes
6y
Pellego: 2 tiers, 100% commission, $85/mo + $550/transaction and $150/mo + $500/transaction. You'll get access to their software system that analyses deals to estimate flip profit.
AgencyOne: 100% commission, $50-100/mo + $10-200/transaction.

Other low monthly fee brokerages: HomeSmart, Better Properties, probably even more.
Disclosure: I am not affiliated with any of these, was just looking for the same.

BTW you don't need a license to manage your rentals.
1 Reply
Boris Salman
OP
Redmond, WA · Member since 2016 · 4 posts · 0 votes
6y
Thank you everyone who replied!
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Robert Freeborn
Real Estate Agent · Bellingham, WA · Member since 2017 · 427 posts · 182 votes
6y
@Boris Salman
Highly recommend HomeSmart. That’s where I hang my license. It’s been awesome.
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