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Updated about 9 years ago on . Most recent reply
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Berkshire Hathaway Home Services
I am a newly licensed realtor, and I am intrigued by Berkshire Hathaway Home Services. Do they provide good training for agents? Are any leads provided? What are the fees to work for them?
I'm basically just wondering if this is a good agency to work for.
Thanks!
Johanna
Silver Spring, Maryland
Most Popular Reply
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Hi!
Jerome here, a Realtor with Champion Realty, Inc. "a Berkshire Hathaway affiliate" in Pasadena, MD.
The only way to know for sure is for you to sit down with that broker, go through the interview/pitch/show&tell thing they got for you, then ask those questions.
With that said, because my broker ,Champion Realty, is an affiliate of the Brokerage you're interested in "Berkshire Hathaway", my assumption is that they would operate somewhat similarly, so I think my opinion might be valid. Still, Go interview that Broker.
Now, If you are looking to be a great traditional agent, then Yes I'd recommend Berkshire Hathaway. As my Broker is an affiliate partner of Berkshire Hathaway, I think I can say that the level of training offered and personal attention is great. Fees are different and They may offer even better perks than Free Continuing Ed and Offer Certain Designations free which is what I get with Champion Realty.
Now, I read your profile, and if you're thinking of wholesaling within that Brokerage, Don't.
Just save yourself the trouble and walk away. As I had the same intentions to wholesale.
I had a meeting with the President of my brokerage ,Champion Realty, Jon Coile, and They concluded that because of the potential liability of being sued by Sellers not understanding the transaction no matter the disclosures later after the closing, the lack of coverage from their E&O insurance on these transaction, and the lack of money staying within the company as those transactions count as personal transaction, they do no support or allow their agents to perform any assignment type investments.
That may hold true at Berkshire Hathaway, but the only way to know is to interview that Broker and I would add try to get that interview with the President of that Brokerage.
If you want to wholesale and still be an agent, I heard that Douglass Realty in Baltimore, MD is a good place to check out. Don't know much more than that, but it's a good start in my opinion