Joe Homs runs Pelago, a California brokerage where agents keep 100% commission and pay flat fees instead of splits. Three-quarters of the agents are investors representing themselves. Monthly costs run $85 to $125 plus $650 or $850 per transaction.
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Welcome to Pelago. My name is Joe Homs, and I am the broker for the state of California. Pelago is 100% commission brokerage with an investor-friendly culture. We are looking to hire licensed real estate agents part-time or full-time. 3 quarters of the agents at Pelago are investors. Some actually only represent themselves. And their close connections, while others focus on more traditional client models. Agents get fast, actionable responses from brokers by call or text, online transaction coordination with paperless pipeline, and E&O insurance included. Support and training is highly focused on how-to elements of a transaction. We focus on things that will make you a successful real estate agent. So some of the things that we focus on if you're a traditional real estate agent is most importantly writing an offer. Number 2, searching the Multiple Listing Service. Number 3, working with clients. And if you're looking for other types of investment as a real estate agent, so you're investing by learning how to use our website, we can teach you how to do fix and flips, If you want to learn how to do wholesaling or buying distressed properties, we can teach you those skills. Do you have a niche in real estate and think you're paying too much in brokerage fees? Here are what some of our agents are working on. Because we do not help you get clients, the workload is about the same with each transaction. So agents pay a flat transaction fee instead of a split with the office. Agents pay $85 to $125 per month. And agents receive 100% of their commission. And depending on their plan, they're only charged $850 or $650 per transaction. Agents with no experience pay an additional $850 or $650 per transaction closing on their first 3 closings and get one-on-one broker handholding on every step of the transaction. We offer 2 different plans at pelago.com. For any questions, you can contact me anytime. My phone number is 949-394-0149, or you can also email me at joe@pelago.com.
