Pros

Company is okay. Actual commission rate to agent is about 1% of gross sale with top producing agents getting somewhat more. No other actual out of pocket costs as they pay for your mileage, office supplies and cell phone up to $450 per month. They pay all E&O insurance. They pay for all marketing expenses and give all leads you need.

Cons

This was an extremely difficult market to work in with lots of short sales. This means that through no fault of the real estate agents that distressed properties were not getting approved by short sale lenders for actually being able to close the transaction. Many agents were waiting for months or never getting approval by the short sale lenders. I

Advice to Senior Management

I could not find any fault with management. I believe they created as good a system as one could have. However, many agents were struggling due to multiple offer situations, short sales, FHA loan property qualifications, etc.