Real Estate

which brokerage to join?

  • Last Updated:
  • Feb 10th, 2021 10:19 am
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Newbie
Aug 19, 2014
8 posts
2 upvotes
Barrie, ON
bosoxfanx wrote: whats considered high?
some brokerages will offer 95/5 after 100k-150k, BUT they usually have franchise fees and expensive desk fees.

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Last edited by Mars2012 on Feb 19th, 2020 2:40 pm, edited 1 time in total.
Reason: spam removed
Member
Jul 2, 2018
309 posts
299 upvotes
MrIgor wrote: some brokerages will offer 95/5 after 100k-150k, BUT they usually have franchise fees and expensive desk fees.

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100-150k is still quite low in the GTA. If you are a few multiples up of that, the top brokerages in your city will likely be willing to offer a credit for your franchise fees and desk fees.

Others will switch you to 97/3 on all commissions above 200-300k and that can more than make up for the minor fees.
Last edited by Mars2012 on Feb 19th, 2020 2:41 pm, edited 1 time in total.
Reason: edit in quote
Realtor + Investor
Newbie
Mar 1, 2020
1 posts
Just passed all my Orea cources and looking for suggestions on which brokerage to join. I'm looking for a brokerage that offer good training and support.

Any suggestions??
Jr. Member
Dec 19, 2018
158 posts
112 upvotes
Right at home is 100% - $300 and $99 a month. Hard to beat that!

There are lots of options of major chain brokerages with 90/10 without an major fees too.

Anyone know of any good 95/5 options?
Deal Fanatic
Mar 27, 2004
7970 posts
5990 upvotes
Toronto
if you want access to precon condos. real platinum access. Join bay st group. o
Full-time Realtor
Jr. Member
Dec 19, 2018
158 posts
112 upvotes
oasis100 wrote: if you want access to precon condos. real platinum access. Join bay st group. o
Thanks. Good to know. Not sure how pre-con still sells at those prices
Newbie
Dec 11, 2012
2 posts
Hamilton
Hi there, looking to join a brokerage at 100% commission and the lowest cost brokerage monthly price as I am not looking for any referrals or services from the broker other than representing the transactions. This is proving difficult to find. Reading through this entire post I only found Right at home for $89/mth, but I can't find a real broker that can offer this price. If anyone can provide some direction, it would be appreciated.
Deal Fanatic
Mar 27, 2004
7970 posts
5990 upvotes
Toronto
sabphi wrote: Hi there, looking to join a brokerage at 100% commission and the lowest cost brokerage monthly price as I am not looking for any referrals or services from the broker other than representing the transactions. This is proving difficult to find. Reading through this entire post I only found Right at home for $89/mth, but I can't find a real broker that can offer this price. If anyone can provide some direction, it would be appreciated.
right at home is your best option. don't try to cheap out thinking you can just join a brokerage and not pay a dime. brokerages have admin staff office space and also paying your yearly fees.
Last edited by oasis100 on Jul 17th, 2020 1:20 pm, edited 1 time in total.
Full-time Realtor
Deal Fanatic
Mar 27, 2004
7970 posts
5990 upvotes
Toronto
musiclover4 wrote: Thanks. Good to know. Not sure how pre-con still sells at those prices
you be surprised. times have been really good in the past 10 years since the 08 correction. a lot of wealth and people have cash to invest.
Full-time Realtor
Deal Addict
Jul 28, 2006
1581 posts
356 upvotes
GTA
found thx
Last edited by nyxsonder on Dec 14th, 2020 12:57 pm, edited 1 time in total.
Deal Fanatic
Mar 27, 2004
7970 posts
5990 upvotes
Toronto
mizermalice wrote: Can anyone recommend some brokerages that are 90/10 split (or better) with little or no desk fees?
join right at home
Full-time Realtor
Jr. Member
Apr 6, 2020
109 posts
72 upvotes
Toronto
mizermalice wrote: Can anyone recommend some brokerages that are 90/10 split (or better) with little or no desk fees?
try comflex if you're in durham
GTA Real Estate Agent
Newbie
User avatar
Sep 4, 2007
15 posts
4 upvotes
Homelife G1 Realty i think they were $33 bucks a month 90/10 commission or something. I suggest pick a place close to home.

Its not all about monthly fees but also about the brand and how you market yourself. Also its about finding your own niche market and do marketing and so many other thing.

This is not the type of busniess in which you start earning the day you get your license, im sure we all know that.
Jr. Member
Jan 6, 2007
143 posts
3 upvotes
So just to double check, the right at home brokerage is still the best to park your license?

I'm actually an appraiser and finishing up my courses really soon but not looking to do any deals (except family members and frds)

I also don't need mls access as I have access already from my supervisor
Newbie
Jun 6, 2009
22 posts
25 upvotes
Isn't Zolo the best to park your license and there is no monthly fee, how is Sigma home compared to Zolo and Right at home ?
Sr. Member
Aug 8, 2020
829 posts
306 upvotes
Lately have seen a lot of people talking about EXP and Exit realty... Does anyone have any feedback on these?
Member
User avatar
Sep 20, 2015
231 posts
245 upvotes
Ottawa, ON
Also looking for inputs about brokerage in the following scenarios.
1. Completed courses for education and get license to complete deals for friends and families.
2. Idea is to have minimum monthly cost.
3. Commission split in the range of 90/10.
4. Keep the license in active state.

Your input is greatly appreciated and thank you very much in advance.

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