3 Real Estate BROKER Types [EXPLAINED] | Choose A Broker | Real Estate Brokerages
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- Опубліковано 1 сер 2019
- Not all real estate brokerages are the same. Don't make the mistake of choosing the wrong real estate brokerage. I examine the 3 different real estate brokerage types for you to choose the right one for you. This will help you choose the right broker to work for. PARTNER WITH ME partnerwithcjm.com
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Chastin J. Miles is a licensed TX real estate agent with eXp Realty
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Another insightful video. Thank you, Chastin!
thank you for this!
Great video Chastin, but what about family owned brokerages. A lot of them, at least in the upstate NY area don’t fall into either category. I work for Howard Hanna the #1 family owned company in the US and the #1 Real Estate Company In NY, PA, Ohio, SC and NC and there model is different from a franchise. Howard Hanna has infrastructure buildings but their isn’t any desk fees, or any of the other fees you mentioned for a franchise. Howard Hanna chargers a commission percentage plus a $149 fee to the consumer at closing, for example 3% + $149. Also we have a tab that we can run up with marketing products and don’t have to pay for until our next commission check. Also another broker that’s also family owned in my market pays for all the agents E&O insurance, Zillow/Realtor.com packages for the agents, TV showcase and cap agents at $14,000.
Appreciate this! 🙌🏾 Thank you!
Any time!
Great video. I appreciate your perspective.
CHASTIN!! I needed this SO much. Thank you. So clear, I've been very frustrated -just starting out.
Whats been happening that has you frustrated?
Good day
I am a private investor that specializes in providing all types of investments funding,including mutual funds, business loans, commercial loans for companies, real estate loan and construction and all round. We give out loan at 3% interest rate and a 100% funding. Hope to give you the best. Interested individual should please contact on.
Whatsapp number +1 (213) 458-5904
(direct/mobile) +1 (909) 500-2318
Email:kbfundedfinancelc@gmail.com
Thank you,
Much love from Canada
Thanks for watching!
Does cloud brokerages do more than residential like do they habe commercial or investment opportunities
Thanks for the post, Chastin.
May I ask: How the heck do you join a cloud real estate brokerage in Dallas, TX?
Maxwell join.exprealty.com
Thank You
How do you do paperwork with the cloud? Don’t you need a transaction coordinator to do that?
Good breakdown, I've been at flat fee and cloud, I can say that cloud was my favorite IF they can support agents who have multiple licenses
FIRE!!!!!
Question: In a cloud brokerage like eXp, who is considered the principal broker to the affiliate broker?
There is a different broker for each state/area
VIP Realty is a cloud brokerage. I may pursue them. You might want to look into them and compare, as well.
You're content is very helpful. I've been thinking of getting my real estate lic. for a few years now. Considering the online course with Real Estate Express. I'm still doing research. =)
I have a few videos on them. Pretty good school.
I took my courses with Real Estate Express. 99% of the course is just reading the book. Hardly any sort of videos or graphics. You have to pay more to get into their live webinars. No zoom where you can see other classmates. If you want to interact with your classmates, they do have a discussion board.
Would you say as a new real estate agent starting off as a franchise to get hands on experience would be best and then after feeling comfortable transitioning to cloud?
i second that question! deciding between a brokerage like Coldwell or eXp right now, such a tough decision.
As a new real estate agent, you want the most support offered. Check out partnerwithcjm.com. For me, eXp is the best. Look into what the others offer and if it works for what your needs are. Hope this helps. Reach out with any questions.
Hello Chastin, can you talk more about Splits and Caps?
For eXp or what?
@@ChastinJMiles yea sir
Would you consider Keller Williams a Franchise brokerage? I had a meeting w/ someone who is with KW & she was giving me some great numbers as far as- how much real estate is sold in a year, agents reaching the “cap” in x number of days or months. Would it be a great move for me to join as a beginning Realtor?
KW is a franchise brokerage.
Yeah they are a franchise.
Chastin J. Miles As a beginning real estate agent, would it be smart for me to join them?
I would love to have a conversation with you regarding choosing a broker and really getting my business up within my first year
Good day
I am a private investor that specializes in providing all types of investments funding,including mutual funds, business loans, commercial loans for companies, real estate loan and construction and all round. We give out loan at 3% interest rate and a 100% funding. Hope to give you the best. Interested individual should please contact on.
Whatsapp number +1 (213) 458-5904
(direct/mobile) +1 (909) 500-2318
Email:kbfundedfinancelc@gmail.com
how do i find a cloud agent to work for?
Check VIP Realty. Owner is based in Dallas but offices in Austin and San Antonio. I'm considering them.
Good job great recruiting tool... I cannot get around the revenue share business plan... I cannot understand how you payout people until you pay your bills... and the stock options seems good for the ones who started earlier in the group and as people grow the stock that they give is less value as agents grow... also for teams I have heard it is good for the rainmaker not people under them and some people who have built teams have been fired for odd reasons... I am happy where I am at for the time being and I have a long way to go to say I have even a clue about being an agent... what impact do you think the redfins will be making on our occupation...
Did you hear this stuff from someone actually at the company?
@@ChastinJMiles it was from a couple of youtube guys who promoted the great move... then later there is the second one after they got fired... Also one where another rainmaker was interviewed... it is always hard to know what is the entire story I am sure you understand what I mean...
Yeah I do understand. It's not a firm for everyone.
@@ChastinJMiles not all firms are for all people... work the plan... work the plan... where ever you are sitting
How does an cloud brokerage cut commission checks or it solely direct deposit
Yeah just like any other brokerage. Paper checks, direct deposit, wires,. whatever you need.
@@ChastinJMiles how do they do transactions?? Like paperwork and stuff
I'm offered to be trained as an agent then a broker. The individual showed me public info website of license/permits for a broker, insurance and a loan officer. The meeting was this night. I'm only being asked to pay for a live scan and a websites training fee, the a total of $80.
Is the a scam? Is it too good to be true? Thanks!
I have no idea what that even is. Can I see a reference to what you're talking about?
Why did you leave roger Healy?
Because I came over to eXp