Pros
Amazing Corporate Culture that has led to KW to become the largest Real Estate company in North America Outstanding Training insures you will always be current in your practice of Real Estate if you are a learning based individual Espirit de Corps Helpful Colleagues who teach seminars to help other be successful Down line profit share program Zero Corporate Debt After you "CAP", you get to keep 100% of your commission typically after the company earns somewhere between $20K and $45K Competitive Splits pre "Capping"
Cons
Individual offices can have dreadful management and cronyism Some of the Managing Brokers are a bit too focused on spending as little time as possible advising their agents when legal issues crop up. Additionally, they utter the words " Your client needs to hire an attorney" a bit too often There is a constant & intense pressure on team leader to recruit any warm body. They will often focus on Quantity over Quality. In a booming market we end up with people who shouldn't be in sales. Some team leaders will try and "steal" people you have recommended so you don't get the downline, they do. This is highly unethical. Favoritism: The Team Leaders and Managing Brokers make money in their downline for folks they brought in. They therefore will provide incoming sales leads only to people in their downline. Mentorship: Newbies are required to have a mentor who takes 25% of their first three transactions. Some of the Mentors are not up to the task, some are excellent. No oversight or standards for mentorship.