Pros
Training for handling REO business.
Cons
The company does not stand by what they say, to recruit you. Do not believe the hype that you will receive REO assets for Washington, DC or if you are an agent that lives in DC and services MD & VA, you will not receive them. Decisions are made at the corporate level(California) not at the local broker level. The local brokers do not have autonomy and are also busy selling real estate themselves. The 3 hour time difference makes it very challenging to get escalations or responses quickly, Commissions ARE NOT paid out within 24-48 hours and It can take sometimes weeks before being paid. If you leave the company, make sure you CLEARLY understand the ICA. Your commissions will be paid at the lower level less all of the fees charged by the company. Any agreements, decisions or discussions you have with your broker, recap in email and ask them to acknowledge it. Do not believe he or she will deliver on what they say. The brokerage has a lot of turn over due to the compliance process and slow commission payments.