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Updated over 5 years ago on . Most recent reply

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10
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5
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Jason Griffith
  • Richardson, TX
5
Votes |
10
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Flat Rate Realtor - Dallas

Jason Griffith
  • Richardson, TX
Posted

Does anyone have any experience with a flat rate real estate service?  I've gone through all the real estate classes but have been hesitant about getting my license for a number of reasons. However I've seen some interviews with people who've used a flat rate brokerage and It seems like it would be worth taking a look into.  Does anyone know of a reputable flat rate brokerage in Dallas?  Any experience using one?  

Most Popular Reply

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89
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33
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Vic Reddy
  • Real Estate Agent
  • Dallas - Fort Worth, TX
33
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89
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Vic Reddy
  • Real Estate Agent
  • Dallas - Fort Worth, TX
Replied

@Jason Griffith - Do you plan to be an active RE agent for buying/selling for ur clients or part-time just for your investments? Do you need leads or have a good sphere of influence?

I would recommend to go with national brokerages if you are looking for training and leads in your first year. You will have monthly overhead on desk fees and your commission splits can be 50-50 to 70-30 with big brokerages. Once you are comfortable with a few transactions, you can move to a flat rate brokerage. With Flat rate brokerage, don't expect to get leads or much training. The best thing is that there is no monthly overhead and you pay a fixed fee per transaction. As the saying goes u get what u pay for :)

PM or call me and I can walk you thru all these options as I went thru the same thing few years back. Good luck !!!

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