Overmanaged and Underpaid. Not Ideal for Building a Real Estate Business. - Real Estate Agent Mark Spain Real Estate Employee Review

The overall structure and culture left much to be desired for long-term career development. The commission split is very low, It's 18% of a 3.5% sales price. This significantly limits earning potential. The assigned leads are usually 2 to 3 hours away. This increases time on the road, cuts into productivity, and greatly increases expenses for agents. The model is purely transactional with no regard for the homeowner. The brokerage offers no training or guidance on how to build a book of business or cultivate personal leads. Mark Spain's commission on an agent's SOI transactions and self-generated leads is 50%. The leads provided by Mark Spain are attracted to the Guaranteed Offer, These GO's are so low the homeowners decline. They usually have someone else they will use to list their home. If they list with Mark Spain it's usually overpriced and ends up expiring. I would not recommend Mark Spain for new agents or any agent looking to grow and build a sustainable business.