BS decided to go for the quick buck and focus almost 100% on the Austin real estate market when it was booming. Local businesses were replaced with real estate agents and the portfolio diversity that creators could expect went all to house ads and ranch/land walkthroughs.
The owners of BS came from the Silicon Valley mentality of build a business and sell it to a large corporation. That was their previous career (which was bought by Yahoo) and they attempted to do the same here, only they wanted to brute-force it by building big and selling fast.
To entice potential investors, the company doubled their staff to show "how well and profitable" they were doing. Unfortunately, the economy slowed and the investors pulled back. Then the bank account dried up.
BS never communicated to their employees the true state of the company. Monthly meetings always presented things as great and profitable, when in reality they couldn't even afford to do direct deposit anymore.
Paychecks were delayed, sometimes by months, as they waited for investor deposits to hit. We were told to "just hang in there". Employees began to create group chats discussing the possibility of getting the Texas Workforce Commission involved due to extensive lack of pay.
Eventually, BS laid off nearly the entire company. Everything was restructured: producers and production managers were cut entirely and editors were turned into contract workers so they didn't have to pay benefits or paycheck taxes.
BS finally got the big deal they wanted by teaming up with eXp Realty. They told video editors that with the new sign-ups to expect to make between $5k-7k a month. The problem is, while lots of new profiles were created, the majority of eXp agents haven't bought assets. So there is never enough work to hit the $5k amount consistently.
Is it possible to earn $5k/month? Yes, the system is designed to have no limit. Technically, you could make $10k/month, but realistically you'll average about $3k-3.5k/month because they do not receive enough orders to hit the marks they claim.