Looking for a Real Estate Brokerage in the Hudson Valley with the Best Split?
Are you a newly licensed real estate agent searching for the best 100% brokerage in the Hudson Valley that will provide you with training, CRM & teach you how to be a solid real estate agent whether you are in your first year of real estate or an established agent?
Before you sign up with a real estate brokerage in the Hudson Valley for its 100% split, you should interview every real estate company in the area and ask them a list of basic questions that every real estate brokerage should be able to easily answer.
The best brokerage to work for in the Hudson Valley as a new agent is the one that will provide the tools you need to get your real estate career started on solid footing and offer you a competitive compensation plan which you can understand and easily explain to friends and family.
I’m a realtor working in Beacon & Serving the Hudson Valley
Best 100% Real Estate Brokerages in the Hudson Valley You Can Join Today
Choosing a real estate brokerage based solely on its split isn’t the best way to approach a career in real estate in my opinion. There is more to working for a real estate brokerage than keeping 100% of your commission (less fees).
Most real estate brokerages think that they are the best brokerage out there because they have nice branding or they have a sweet office with beautiful wood beams & interior brick walls. They offer unlimited Keurig coffee on tap.
As a new real estate agent in the Hudson Valley you learned how to pass a real estate exam and get your license, but you were not taught how to be a good agent in real estate school. So is getting a 100% commission the best option for a new agent? When considering a brokerage with a high split, you should also see what they offer to help you grow your career.
Realtors are licensed and can start working with clients immediately, however, not all real estate brokerages are able to provide the tools you need to succeed. In my experience, most real estate brokerages want you to pay them handsomely for the opportunity to work with them and not vice versa.
The best real estate brokerages will have a process in place to mentor and train you in addition to providing consistent support from start to finish of your real estate transaction. The brokerage you join won’t be a 100% brokerage because 100% brokerages don’t let you keep 100% of your money.
Looking for the Real Estate Broker with the Best Split in the Hudson Valley?
The Best Brokerage May Give You More Than 100% Commission
See eXp Realty’s Complete Slide Deck Here
Failing to Ask Questions & Focusing Solely on the 100% Commission
As real estate agents, we are the money-makers. When we make a sale we give them a percentage of our commission or pay some fees somehow. We are the people doing the work to keep the brokerage afloat. The shoe is on our foot, not the other way around.
We do all the work. We should be at the top of the pile when it comes to compensation. In my experience with a few of the most well-known brokerages in the US, the realtor is at the bottom of the pile and if you are a new realtor, forget it. You’ll get forced into their basic training classes which teach you how to show up to training – and not much else.
In most real estate brokerages the managing broker or owner sits atop the pile of people “employed” by the brokerage. Yet, the managing broker usually doesn’t sell houses or make any money. The managing broker is usually a salaried job making money from the agents who sell houses under him or her.
Brokers spend their time calling agents at other brokerages to recruit them. They spend their time explaining their compensation model to new agents every week. Most brokers have a canned script they use when calling new agents.
Old fashioned brokerages have the same lame-o business model that is dated and boring & puts the agent at the bottom of the pile. They also have different compensation models they offer different agents depending upon their production levels. The better you are at real estate, the better your split at the old fashioned brokerage model. Totally unfair to new agents or agents wanting to keep more of their money.
I’ve interviewed multiple real estate brokerages in my short career and have found only 1 brokerage that has 100% transparency when it comes to compensation & splits.
As a new or established realtor looking at 100% brokerages in the Hudson Valley for better compensation plans than the traditional brick and mortar offices offer, I think you should take the time to meet the brokers of each office in the area and ask them a list of questions that are meaningful to you – other than what their split is.
Show up with a set of interview questions for the broker that shows you have taken the time to understand your value to them and how you want to be treated as an agent. (See my article on Which Real Estate Company is Best for New Agents…)
Most realtors only consider how much they can make from each transaction. How much money can I make when a deal closes?
As a new agent YOU have to take the time to ask questions, consider more than what their office looks like or who your friends are working for. Your goal as a new agent should be to understand how the brokerages you are interviewing work and how they will benefit you in the short term and in the long run.
100% brokerages are a great thing if all you want to do is make money from your most recent sale, but eXp Realty is 100% PLUS unlimited potential brokerage. There are MULTIPLE ways to make money with eXp Realty in addition to the split and hitting your cap. (See my article on Which Real Estate Company is Best for New Agents…)
Heard of eXp Realty in the Hudson Valley? Give me a call to find out how
eXp Realty can help you grow your real estate career.
Learn about eXp Realty’s business model here:
https://www.agentbuilderpro.com/agent/carlin-felder
100% Real Estate Brokerages in the Hudson Valley
There are some 100% real estate brokerages in the Hudson Valley you can join. However, even when they say they are 100%, they aren’t 100%. There will be fees. Maybe there will be a start-up fee / join fee, E&O fees, a different compensation plan to get 100% that includes a transaction fee. Nothing is 100% commission without fees.
When I decided to change brokerages in November 2022, I had already been with a few brokerages that were pretty good, but I wasn’t really sure how much I was going to bring home once the brokerage had taken their cut of my commission check.
With my current brokerage, eXp Realty, I get an email from them after I submit my commission check which lays out exactly how much I will get paid, how much they get paid, how much will be used to buy EXPI stock as I have signed up for the Agent Equity Program which allows me to purchase company stock which is traded on the NASDAQ.
The money I have used after closing my first deals and also being awarded company stock for closing my first deal or a colleague I brought on board closing his first deal has increased in value. With the stock you purchase out of your commission check, you have access to all of that money now. Stock awards and rewards do have a vesting period as with any publicly traded company.
When looking at 100% brokerages in the Hudson Valley can they give you stock that could increase in value over time?
This screenshot is from the week of 5/18/2023
This screenshot is from 5/23/2023 – a $100 increase in just a few days!
Results WILL Vary Depending Upon Market Conditions and Stock Prices When Awarded
Let’s Talk About Joining eXp Realty in the Hudson Valley
Why would you talk to a real estate agent in the Hudson Valley and not a broker at eXp Realty New York?
eXp Realty is agent owned and agent GROWN.
WE grow the brokerage by introducing the business model to other real estate agents in the Hudson Valley or Beacon, etc., wherever we work in the US or 24 countries because the way eXp has designed the business model to benefit the agents 100%.
You are probably asking yourself why did Carlin Felder write an article about 100% real estate brokerages in the Hudson Valley? Because as an eXp agent, I can grow my network with agents outside of my specific town or county or even state or country. By growing my network, I can help others grow their net worth and vice versa. The eXp Realty business model is a win-win!
For example, if I close a $400,000 sale under the 80/20 split with a 2% fee, I keep $8000 less $65 in transaction fees. eXp Realty gets $2000. Out of that $2000, 1K goes back to eXp and the other 1K goes to my business partners as residual income who are contributing to my success.
The people who spent time to introduce eXp Realty to me will benefit from my success and so on. If you are curious about the eXp Realty business model, there’s a great video below that has the business model explained pretty clearly.
eXp Realty gives me a great split, gives my partners some residual income and pays itself out and its employees to support my business and the businesses of the rest of the 88,000+ agents who work with eXp Realty as their brokerage across the globe.
eXp puts the agent on top of the pile. We prospect for clients, handle listings & sales, work for our clients so hard – and eXp Realty gives us the opportunity to grow our businesses naturally/organically and be compensated for the things we would be doing day in and day out as real estate agents – including bringing on new agents who will work with us.
Who you join eXp under is essential to your success as a new agent! Let’s talk about what eXp Realty can offer you as an agent in addition to a fantastic split and compensation model.
What To Do in Your First 30 Days as a New Real Estate Agent
Real Estate Broker With the Best Split in the Hudson Valley
Finding the best real estate brokerage in the Hudson Valley with the best split is as simple as finding eXp. In my opinion, the broker with the best split in the Hudson Valley is the brokerage that gets you to 100% quickly and allows you to make money in multiple ways well beyond the closing of your last deal.
eXp Realty is a transparent company. The 80/20 split, 16K cap, stock awards, residual income, team structure, technology & training are the same for everyone. There isn’t a different set of numbers for more successful realtors. It’s a level playing field for all agents.
My #1 goal as an eXp agent is to provide you with clarity, transparency and answer all the questions you may have about eXp Realty.
As a real estate agent with eXp Realty I have the responsibility to help you grow and succeed.
Agent owned, agent grown, agent success obsessed is more than a motto – it’s a way of life at eXp Realty.
Feel free to contact me today to get the ball rolling!
Ready to learn more? Watch this video about the eXp Realty Business Model:
😊 Contact me – Carlin Felder – for a conversation about eXp Realty and how it can benefit you for years to come. You are worth more than your last transaction!
🚨 Hudson Valley Realtor, Licensed Real Estate Salesperson with the Hudson Upstate Team at eXp Realty
📲 Call/Text Direct at (845) 554-7345
📲 Email: carlinfelder@gmail.com
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