Belt Auction

What fees are involved in working for a large Real Estate Company like Century 21?

I don't know much about working for a Real Estate company, and am looking to work at a Century 21 office in California. How does it work when you work at their office, since you are "in business for yourself". Is there a fee to work at their office? When do you pay them? Is it based on when you sell a house or monthly? Would you have to pay for all the "tools" they office, such as website design, etc? Any information is welcomed!

Public Comments

1. With Century 21 you will have to pay a franchise fee that is deducted from each closing. It is usually less than 10%. Of what is remaining, you will have a split with your broker/office. Some do a 50/50 split. Beyond that, if your office has fees or group expenses, those are divided amongst the agents. The franchise fee and split cover admin staff, office expenses, "tools", etc. Century 21's corporate arm offers tools and marketing materials that are your individual responsibility. Your signs, business cards, and all personal marketing items are at your expense as well.
2. They are all franchised so the prices will vary. You will have to check in the offices in your area to know for sure. Good luck!
3. Each office is independently owned and operated, so fees may vary. There are always going to be fees, no matter where you go. These can usually be deducted from your commissions after each transaction. C21 is a great company to work under!! Good Luck.
4. The way it usually works is you pay a monthly fee (regardless if you sell anything) to cover legal and/or desk fees. Then you pay a split of commission when you list or sell anything. Usually a beginner pays 60/40 or 70/30. If you're in Southern California and you want to work for an independant broker, let me know. You pay no fees of any kind and your split will be 90/10. I'm looking for Realtors (not agents) in San Diego and Riverside County but I am willing to take on a couple more in Orange County. You need to be ambitous, a problem solver and a positive thinker. I'll teach you how not to think like a real estate agent but more like a real estate transaction engineer! ;) Regards
5. Interview with Keller Williams Realty The only real estate company that offers profit sharing GREAT company to work for, GREAT training on how to market yourself, in any market. If you would like more info on a career with Keller Williams Realty, go to my web page http://www.pauld-kw.com and on the top you will see "Sell a Property" Click on that, then click on "A career with Keller Williams" I think you will be very impressed. You can also e-mail or call me and I will be more then happy to talk to you about Keller Williams or send you some more information. pauld-kw@hotmail.com BEST of luck with your new career!
6. I personally don't pay any monthly fees at my co. I suggest you interview a lot of companies. Preferably staying away from those monthly fees one at the moment. Find one that offer newbie support, real support! Ask if they offer training, and a manager that will always usually be able to spend time with your questions.