New Western Reviews

Updated July 8, 2015
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4.6
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Andrew Welker
11 Ratings

16 Employee Reviews

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  1. Fantastic Growth Opportunity and Experience in a Fast Paced Industry

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Disposition Agent in Orange, CA
    Current Employee - Disposition Agent in Orange, CA

    I have been working at New Western full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    When I first started at New Western, I was told "in your first year here, you'll get the equivalent of 5 years of experience at any other brokerage." I couldn't agree more. I came out of law school after passing the BAR exam and was looking for a job that offered something more than your typical legal desk job. Since starting in September 2014, I've been a part of 20 different real estate transactions. I've met hundreds (probably thousands) of people that I would have never met if it weren't for New Western. I've gotten myself in a position where I control how much money I make by the results that I produce. As a young man looking to move up and forward in my career, I honestly couldn't ask for anything more.

    Cons

    Like any commission job, the first 6 months are tough so make sure you have enough saved or you have a second job to cover the gap.

    Advice to Management

    Management at my office in Orange/Los Angeles has been great since I first started. Andrew Welker offered great advice from the beginning. Dek, Saad, and the other senior guys have really been able to work with me and help me every step along the way. I really don't have any "advice" for them.


  2. Disposition Agent (Sales)

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Disposition Agent (Sales) in Fort Worth, TX
    Current Employee - Disposition Agent (Sales) in Fort Worth, TX

    I have been working at New Western full-time (Less than a year)

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    If you are passionate about investment real estate I would highly recommend looking into New Western Acquisitions. This company gives you every tool necessary in order for you to reach the levels you desire. What I personally love most is that when you come to work here you have no other option but to succeed and strive to become the best at what you do. The reason for this is because you are able to surround yourself with knowledgeable colleagues that motivate you and inspire you to exceed the expectations and reach levels that you didn't even know were possible. Albeit, this job is not for everyone! It requires a tremendous amount of time, dedication , and hustle in order to become a top producer. However, If you're willing to put in the grind the sky is truly the limit for what you can accomplish and become.

    Cons

    Very competitive with a consistent influx of sales guys coming into the office. No salary- you must perform (For those who hustle for it, this is not a problem)

    Advice to Management

    Management is very motivating! Consistently pushing you and ensuring that you're working towards your true potential. They make the atmosphere exciting with competitions, rewards, etc.


  3. Working for New Western Acquisitions

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Acquisition Agent in San Antonio, TX
    Current Employee - Acquisition Agent in San Antonio, TX

    I have been working at New Western full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Working at NWA has been the best career choice I have ever made. Below, are just some of the reasons I love working at New Western, and if you are interested in real estate or a career in real estate investing we are definitely a place you want to consider applying at. Great Pay, Veteran friendly, Great Atmosphere, Upward mobility, Competitive, They promote within, great work environment, You will learn tons of skills that will help you in every aspect of your life. Direct feed back to senior management which helps implement change quickly. Technology as it applies to real estate is at the forefront of our business model which helps us stay ahead of the curve and develop new business practices that are cutting edge. Overall, I cannot see myself working for any other company in any other field. We are the Marines of investment real estate.

    Cons

    100% commission based income, this could be a drawback to a person needing steady income starting off. Some new hires have trouble with the learning curve will all the new information, and systems we have in place. You MUST be a self-starter, nobody is going to babysit you to make sure you are completing the task that you need to complete to be successful at this business. With that being said everybody in the entire company is willing to help you with anything and in anyway. This is a all in type of career, if you are happy having a set work schedule knowing what each work day will bring, and do not want to be bothered by work when your off. This is probably not a company that is best suited for you. However, you will get reward greatly for all the hard work you put in.

    Advice to Management

    I do not really have any advice to management at this time. Once again since agents have such a close relationship to upper management problems/changes get dealt with quickly and efficiently.

    New Western Response

    Jun 10, 2015 – Recruiting Manager

    Thank you for taking the time to write this review. We sincerely appreciate your time and dedication to New Western. We always want to make sure that we are giving our sales associates the ... More


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  5. Fantastic company with lots of opportunity for growth and vast income potential.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Acquisitions Agent in Dallas, TX
    Current Employee - Acquisitions Agent in Dallas, TX

    I have been working at New Western full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Real Estate can be tough to break into and New Western gives you the tools and knowledge to jump in quick and be successful. Everyday there is an opportunity to find a new client, sell a house, buy a house, or make a loan. Hours are very flexible as you make your own schedule, but the more you put in, the more you get out. Lots of avenues for growth in the company as new offices are opening every year.

    Cons

    Lot's of turnover as it is a 100% commission job and those with poor work ethic come and go. No health benefits but the income potential can trump that.

    Advice to Management

    Continue to hire candidates with past work experience that would like to break free from the 9 to 5 work schedule and work hard to become successful in real estate.


  6. Helpful (1)

    Great Company for individuals that are self motivated, hungry, and want to be rewarded for their time.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Acquisitions Agent in Friendswood, TX
    Current Employee - Acquisitions Agent in Friendswood, TX

    I have been working at New Western full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    This is the perfect company for those looking to learn the industry, move up fast and be rewarded for the time they put in. New Western is built on the foundation of you get out what you put in. Individuals that can come in and apply themselves to the business model will be rewarded. Those that come in looking for things to "just happen" will more than likely be watching from the sidelines. At the end of the day a lot of your success is based off how much you want and how willing you are to make that next step. This mentality has created a very competitive and fun atmosphere within the offices. I can honestly say that this is the only job that I have had that I actually look forward to going to everyday. The work environment that is created in each office pushes the associates to be their absolute best day in and day out. Your coworkers are your biggest competition, but at the same time they are the same people that you meet up with after work, play golf with on the weekends and call when you need something. For those that come in and apply themselves the sky is the limit. It’s very simple - If you want it, go out and get it. I have been with the company for just under three years. I started in sales like everyone else, To date I have been promoted 5 times. A dedicated Sales agent can easily come in and make six figures by their second year.

    Cons

    Start up is demanding. You will put in a lot of work to build your business. If done right you will be rewarded for the hard work over the long run.

    Advice to Management

    Keep moving forward and lets continue to grow.


  7. Helpful (1)

    This is the company I decided to dig into as a career. Very satisfied.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Agent in Philadelphia, PA
    Current Employee - Sales Agent in Philadelphia, PA

    I have been working at New Western full-time (Less than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    New Western Acquisitions will teach you everything you need to know to be successful doing Real Estate. The office culture is friendly and everybody is competitive in a healthy way. It will be exciting to grow with this company over the years.

    Cons

    There are many markets this company still needs to expand into.

    Advice to Management

    Keep up the good work.


  8. Helpful (4)

    Frat Like Atmosphere -- Can Learn A Lot

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at New Western

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    New Western is definitely a fun place to work, the typical office is full of young guys that are close friends. With a 100% commission job you are allowed to make your own hours and determine your pay. You have a lot of flexibility with your hours, and can take time off whenever you want. You have to be a hard worker and be able to pick up on a lot of information fast, but you learn a TON about the industry. A couple people in each office are making six figures, and there is always the possibility of selling a couple big deals and making some quick cash. They try and make it a real "wolf of wall street" environment. They have a very aggressive business plan, and since they pay straight commission there is very little overhead and are constantly opening new offices. Have fun happy hours and company outings.

    Cons

    It is tough to make much money with this job. The top earners in the sales department won't make anywhere near the "$100k +" that they advertise. The commission cut is very weak, with the company taking a huge amount. There is a HUGE amount of turnover, as new sales agents come and go very often. Starting out can be difficult, and few people make much money the first couple months. You will need to have some money saved up to start. There are also no benefits. The company doesn't have the best reputation with people familiar in the industry, so that can be a tough hurdle to overcome with the serious knowledgable buyers out there. There are some tenured people in all of the offices, and they are the ones who make all of the money. There are people in each office who make six figures, but they have all been with the company for a while or were handed great leads. With it being 100% commission there is a lot of competition within the office to make sales, and the senior associates work together because they are friends, so it can be tough to break in.

    Advice to Management

    Pay new sales associates better... Provide more intensive training to help new employees get there feet off the ground.

    New Western Response

    Jun 10, 2015 – Recruiting Manager

    Thank you for taking the time to write this review. I’m glad that you were able to learn a lot during your time here at New Western Acquisitions. We pride ourselves on the training that each ... More


  9. Helpful (2)

    Getting Paid To Do What You Love

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Acquisitions in Fort Worth, TX
    Current Employee - Acquisitions in Fort Worth, TX

    I have been working at New Western full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Really have liked my experience at New Western. Being an investor myself its really cool being able to work around and learn about investment Real Estate. The greatest thing is that you are learning in the REAL WORLD which you can not put a price on. This is not a dusty book from half price books now, you are interacting and learning with the best investors in your city. If you come in and work hard you will make serious money. I have made far greater than I expected to make and feel like the trend will continue.

    Cons

    No benefits. Besides that no real cons come to mind.


  10. Helpful (2)

    Working for New Western has exceeded my expectations

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Real Estate Agent in Philadelphia, PA
    Current Employee - Real Estate Agent in Philadelphia, PA

    I have been working at New Western full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    New Western is an exciting place to work. The compensation plan is great, and what I especially appreciate is that the more I'm willing to put in to it the more I get out of it, and that goes for the learning experience as well. Serious earning and learning potential. The amount I've learned in the six weeks since starting here blows my mind, as does the compensation I've earned. New Western is professional yet fun. These guys are the real deal and passionate about promoting the success of those around them.

    Cons

    The main challenge I've encountered working here has been getting started. Stepping in to a new role that's commission based, it takes time to develop an income stream. If you learn slow you will earn slow, what's great is this encourages one to learn fast so they can start earning.


  11. Helpful (1)

    Sky's the Limit! Great work environment with a "practice what you preach" attitude.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Acquisition Agent in San Antonio, TX
    Current Employee - Acquisition Agent in San Antonio, TX

    I have been working at New Western full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Simply put, this opportunity has been a blessing. This job has allowed me to gain the knowledge i need to set my future up through real estate investments. I can analyze a deal with the best of them! I have been able to put all of my business skills to test while working with some high caliber co-workers. The office i work in has taken the word "Integrity" to a new level. Doing what you say your going to do has been the key to my success. I know it sounds simple, but its true. The accountability is much higher than most traditional real estate offices.

    Cons

    This is NOT a desk job! I have seen other associates come and go, but rightfully so. If you don't have any self discipline or structure in your life, you will get lost in the whirlwind. It takes a skilled individual to balance their work and personal life. 100% commission is not for everyone. However, it suits me best.

    Advice to Management

    Thank you upper management for always being available and not sitting on your heels. Being innovative and cutting edge has pushed us to the front of the industry.



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