Pros
I worked at Networth for just over two years. It is an incredibly fast-paced, competitive, and hectic work environment. You will learn more about real estate in the first six months of working there then you would in most other real estate jobs. Management genuinely wants you to succeed and they are very willing to help you if you are willing to put in the work. From what I saw, each office had a great camaraderie amongst fellow agents. You can easily make 6 figures in your second year if you have built a good investor base and have a good understanding of how to buy real estate for the company.
Cons
The turnover rate for this company is very high. 90% of the employees are 20 to 30-year-old men. Makes for a interesting office dynamic at times. At times the managers can be unrealistically demanding for weekly offer requirements and it is a “what have you done for me lately“ management style. Wholesale real estate is a rat race. If you let your client base slip, you will find yourself starting over from the beginning trying to rebuild your investor base. In some markets, it’s difficult to only buy houses. You have to continually work to build your book of investors which is very time-consuming and difficult to do while maintaining the requirements of an acquisition agent.