Half way 2020, during the pandemic, compass Managment coldly decided to slap agents with a $1750 resource fee. Regardless many people lost their jobs and there was instability they decided to do this. Resource fee is basically all the programs and services that compass brokerage offers their agents..except that the amount is absolutely ridiculous! No one wants to talk about it because team leaders are encouraged to tell their agents to not complain. How did compass get away with this? I have no idea. This fee is charged in many other brokerages but either for a wayyyy lower fee or their free. Compass always makes so much money from the sweat of their agents, was this necessary? Many new agents wants to leave compass but their resources fees have been turned into credit, so they have to get it paid off before they can even leave or they have to pay it cash. Thank fully I left, to a brokerage that doesn’t take advantage.
Do not get stuck in the Compass glitz and glamour, a good agent will thrive in any brokerage.
