Pros
There are no pros that I can think of.
Cons
Very low commission payout to the agent representing the client and doing ALL the work. The local broker takes their pick of all the best referrals and then distributes the lower priced crappiest referrals to the agents on the team. They expect 100's of updates on like 8 different platforms weekly or you get put on referral probation and or given even crappier referrals. Jason takes a massive cut (40%) of each commission check for himself. The lender who offered the referral takes 30% of the commission. So the agent doing all the work makes a total of about 20-25% of the entire commission check. So if the total commission check is $9k, the agent walks away with about $3k. They also charge a transaction fee for every single transaction to their admin dept at the corporate office. Very low amount of actual referrals coming in. They way over promise and way under deliver. They make you sign a non compete that you will NEVER speak to or work with any of your past clients again or any of the referrals you received. They basically own you for life and if you move on you can't take your CRM with you to market to. If you do and work with any referral or client you closed they will sue you for like 100x's the commission amount. I had an attorney look into the contract and was told it would hold up in court and to fight it I would have to hire an attorney to get it dissolved. The brokers don't care about you or how much money you make. In fact, they will use you to show houses for them promising to split the commission and then don't pay you or even compensate you for your time to show. There's a major amount of favoritism in this company as well.