New Agent - Advice on Starting with Redfin Salaried Position

[Kelly Harrell]

Hello Everyone,

I’m planning on getting my real estate license in the next couple of months with the ultimate goal of leaving my current job to be an agent in the Los Angeles area. The idea of leaving a salary job and shifting into a 100% commission role is scary, but hopefully worth the risk in the long run.

In my research, I’ve seen that Redfin has salaried agents (with benefits). It seems that the tradeoff is that you will make much less in commission. However, in the first year as an agent, I’m expecting sales to have a slow beginning.

Would it be a good idea to start the first year with Redfin (salaried) with the intention of moving to a different brokerage (100% commission) after learning the ropes and building a network?

Advice is much appreciated!

[Jonathan Greene]

The whole point of getting licensed is to not work on a salary. That means you are a door opener and can't get the ancillary benefits of building and growing your sphere. If you want a salary just look for a job as a real estate administrator, but you aren't going to get trained and coached at Redfin. You are just going to do what they say, when they say, and watch the commissions on higher-priced transactions not go to you.