Pros
*great training for new realtors (IGNITE) *corporate name recognition *profit share possibility
Cons
* high caps * lots and lots and lots of fees (even if you don't use the service being charged for) * highly competitive -- especially in a seller's market with limited inventory, the more agents there are, the less each agent has the potential to make. * "fake it 'til you make it" mentality is a disservice to clients * expect to be told to do lots of cold calling and doorknocking to get leads -- I did not get into real estate to become a telemarketer or door-to-door salesman. * not taken seriously as a agent unless you take the additional, very expensive BOLD training that emphasizes calling everyone you know, then cold-calling everyone you don't, constantly. * lots more agents than office space, so only high-producers or office "clique" is actually at the office. * If you're not in the paid coaching program, don't expect to be taken seriously, no matter what you're experience or sales numbers may be. * Each office is independently owned, so experience at one office may not be indicative of that at others.