4.0
6 July 2014
Anonymous employee
Current employee, less than 1 year
San Diego, CA
Recommend
CEO approval
Business outlook
Pros
-Brand recognition -Training -Broker Support -Minimal fees (only $200 a year at my office for unlimited technology use)
Cons
As a real estate agent, you only get paid by commission, but that is not the firm's fault. Besides that, the low split is a con for new agents. It's 50/50, and since they take 8% off the top for franchise fees, it's really 46 to you and 54 to them, before any other fees. Join a team with a higher split and negotiate how much you will give to them for your help, while still making more than the original 50/50 and getting help from some team members.