Hang your license with Pellego

Leverage your time. Keep your commission.

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Hang your license at Pellego

Why do agents join Pellego?

Win more deals and keep your commission.

Professional Image

Leverage our brand or create your own, powered by Pellego.

Fast Support

Licensed transaction support. Experienced managing brokers.

100% Commission

No setup fees or splits. Just a flat fee per closing.

Investor Culture

3/4 of our agents invest and represent themselves.

Active Network

Private events and Facebook group for our agents.

Upgraded Software

See agent only information from the MLS on Pellego.

       We moved our business here after spending years at full-service and discount brokerages. Pellego is the right blend of low-fees but high responsiveness/admin support. It's a big bonus to us that we can brand our cards and signs with our own logo as well. Online tools are highly polished. Thumbs up.
— Lucas Roth—

Crush the basics

Keep your capital without cutting corners

Broker Support

Expect fast, actionable responses from managing brokers on your transaction questions. Call or text us anytime.

Professional Knowledge

We don't teach marketing or sales. Instead, we invite home inspectors to show us photos of foundation cracks.

Fuel opportunity

Surround yourself with investors and like-minded professionals

Expand your circle

Network with colleagues at private events. 3/4 of Pellego agents are investors. If your network is your net worth...

Connect with clients

Meet investors at public workshops and events. Become certified as a "Pellego Pro" and work with our investor clients.

             One of my best decisions ever was switching Pellego. Staff is friendly and available 24/7. I was so shocked on how fast my questions got answered. I got used to waiting up to a day or two from my previous firm. Transaction coordinator service is a must for a busy mom like myself. They were fast in fulfilling requests from escrow and questions from clients. Last but not least, agents are investors like myself and I feel connected. This is my RE family.
— Ly Le —

It's your business

We work for you

It's your money

We don't provide office space, CRMs, or websites. Instead, we invest in faster support and customer service.

Use our brand or yours

Leverage our reputation as an investor-savvy brokerage, or design your own brand, powered by Pellego.

I'm a new agent and I just delivered my first offer. My managing broker literally dropped what she was doing to get on a zoom call with me so she could walk me through the contract I was feverishly trying to send to remote clients in a different time zone. Unexpectedly fantastic experience. That's real support.

Also, I was invited to a meet-and-greet at a beautiful club in Bellevue, hosted by Pellego. It was great to have the opportunity to meet some of the other brokers and it certainly made me feel welcome, kind of fancy, and ultimately part of a community.

It seems like Pellego is hands-off until you need them and then they're right there. They offer help but aren't pushy. I'm more than pleased that I joined this company, and I would recommend it.
— Aexis Liester —

Accelerate deal flow

Unlock features to find and share deals.

Identify upside

Find flip and rental opportunities.

On Market

Filter by investment criteria, re-calculated hourly with Pellego's comp analysis and financial templates.

Off Market

Filter through canceled and expired listings that have not been re-listed or sold — temporarily unavailable.

Package pro-formas

Share your analysis with clients and partners.

White-label deals

Share properties on Pellego with your headshot and contact form. Include your comps, numbers, and notes.

Export your analysis

Export your analysis as a formatted spreadsheet or PDF, pre-filled with your assumptions and info.

100% Commission Plans

Keep your capital without cutting corners.

Closing fee for sale prices up to $2m or commissions up to $50k, then resets for the next $2m in sale price of $50k in commission.
Agents with zero experience pay an additional $850 on their first three closings, and can expect responsive "handholding" through the entire transaction.
Closing fee covers up to $1.5m in sales price or 30,000 in gross commission value.
GET STARTED
Schedule Call

Frequently Asked Questions

Are there any additional or hidden fees? Setup charges?

No.

L&I fees are mandated in California, but we pass on 100% of the fees.

Is there a minimum commitment?

No, you can transfer anytime.

Where is your office located?

We have a small office in each of our market centers, but our agents largely connect at our seasonal BBQs/cook-outs and online on our agent-only Facebook group.

What do you expect and allow?

You do not need to attend meetings. You can work with regular buyers and sellers. You can use your own brand, sell your own rehabs, and assign off-market contracts, so long as you follow local rules/regulations and standard firm policies/procedures.

Do you offer discounts for teams?

Yes. If you are on the upgraded plan, you can add agents for $50/mo. If you break up, agents can keep the $50/mo rate for six months before switching to one of our standard plans.

Why should I bother with MLS deals?

[UPDATE NUMBERS BEFORE PUBLISHING]

From analyzing 13,000 flips in greater Seattle-area since 2002, we find that on average, MLS-purchased flips sell for 1.8x their purchase price compared with 1.6x off-market and 1.4x at foreclosure auctions.

While we do not know the condition of these flips, we think if anything MLS-purchased flips are in better condition, not worse. Furthermore, off-market deals often have an assignment fee and foreclosure deals have a commission paid on top of the purchase price, which makes MLS deals even more favorable than the numbers suggest.

Our guts tell us that this feels off, and to some extent this is true. The opportunity for luck is greater in these markets, and the top 10% of off-market flips perform better than the top 10% of MLS-purchased flips. Nevertheless, the MLS still presents a meaningful buying advantage for rehab investors.

This suggest there is more supply (deals) relative to demand (competing buyers) when shopping for deals on the MLS versus off market or at foreclosure auction.

From a supply perspective, 4_% of historical flips were purchased from the MLS versus 3_% off-market and 2_% at a foreclosure auction. With more supply, the MLS can absorb more demand.

From a demand perspective, we can say there's roughly 87% of the relative demand off-market as measured by the resale multiples (1.4 / 1.6). Because there are 1.25x more deals on the MLS than off-market (4_% / 3_%), we can deduce there is about 1.09x more demand (87% * 1.25).

In other words, there is 1.09x more demand on the MLS, but 1.25x more supply to absorb it.

We can't say for sure, but we have some theories as to why there is less competition on the MLS than it might appear.

For starters, prospective homeowners cannot easily finance properties that need repairs, and when they do compete it is normally for cosmetic flip opportunities. Many sellers also over price their listings and end up accepting a lowball offer—think of it as a hidden supply on the MLS.

The demand for off-market deals is also is also higher than it appear. From intuition and the advice of others, investors gravitate to the idea that buying off-market or at the auction is less-competitive. The problem is that everyone thinks this way.

In many cases, investors are purchasing overlapping mailing listings and calling on the same FSBO directories.

This is not to say you should only pursue MLS-listed opportunities. Rather, we believe the MLS should be an active source of opportunities for serious investors. From analyzing 13,000 flips in greater Seattle-area since 2002, we find that on average, MLS-purchased flips sell for 1.8x their purchase price compared with 1.6x off-market and 1.4x at foreclosure auctions.

Are the properties in the background all different?

Yes. Our agents kick ass.

Do you have any job openings?

If you are amazing, we want to know. Here is a list of current openings, and we are always open to unsolicited pitches.

Closing fee for sale prices up to $1m or commissions up to $25k, then resets for the next $1m in sale price of $25k in commission.
Agents with zero experience pay a 2x closing fee on the first three and receive additional training and mentorship.
Closing fee covers up to $1.5m in sales price or 30,000 in gross commission value.
GET STARTED
Schedule Call

Frequently Asked Questions

Are there any additional or hidden fees? Setup charges?

No.

B&O and L&I fees are mandated in Washington, but we pass on 100% of the fees, and with no claims to-date, our L&I rates are as low as it gets.

Is there a minimum commitment?

No, you can transfer anytime.

Where is your office located?

We have a small office in each of our market centers, but our agents largely connect at our seasonal BBQs/cook-outs and online on our agent-only Facebook group.

What do you expect and allow?

You do not need to attend meetings. You can work with regular buyers and sellers. You can use your own brand, sell your own rehabs, and assign off-market contracts, so long as you follow local rules/regulations and standard firm policies/procedures.

Do you offer discounts for teams?

Yes. If you are on the upgraded plan, you can add agents for $50/mo. If you break up, agents can keep the $50/mo rate for six months before switching to one of our standard plans.

Why should I bother with MLS deals?

[UPDATE NUMBERS BEFORE PUBLISHING]

From analyzing 13,000 flips in greater Seattle-area since 2002, we find that on average, MLS-purchased flips sell for 1.8x their purchase price compared with 1.6x off-market and 1.4x at foreclosure auctions.

While we do not know the condition of these flips, we think if anything MLS-purchased flips are in better condition, not worse. Furthermore, off-market deals often have an assignment fee and foreclosure deals have a commission paid on top of the purchase price, which makes MLS deals even more favorable than the numbers suggest.

Our guts tell us that this feels off, and to some extent this is true. The opportunity for luck is greater in these markets, and the top 10% of off-market flips perform better than the top 10% of MLS-purchased flips. Nevertheless, the MLS still presents a meaningful buying advantage for rehab investors.

This suggest there is more supply (deals) relative to demand (competing buyers) when shopping for deals on the MLS versus off market or at foreclosure auction.

From a supply perspective, 4_% of historical flips were purchased from the MLS versus 3_% off-market and 2_% at a foreclosure auction. With more supply, the MLS can absorb more demand.

From a demand perspective, we can say there's roughly 87% of the relative demand off-market as measured by the resale multiples (1.4 / 1.6). Because there are 1.25x more deals on the MLS than off-market (4_% / 3_%), we can deduce there is about 1.09x more demand (87% * 1.25).

In other words, there is 1.09x more demand on the MLS, but 1.25x more supply to absorb it.

We can't say for sure, but we have some theories as to why there is less competition on the MLS than it might appear.

For starters, prospective homeowners cannot easily finance properties that need repairs, and when they do compete it is normally for cosmetic flip opportunities. Many sellers also over price their listings and end up accepting a lowball offer—think of it as a hidden supply on the MLS.

The demand for off-market deals is also is also higher than it appear. From intuition and the advice of others, investors gravitate to the idea that buying off-market or at the auction is less-competitive. The problem is that everyone thinks this way.

In many cases, investors are purchasing overlapping mailing listings and calling on the same FSBO directories.

This is not to say you should only pursue MLS-listed opportunities. Rather, we believe the MLS should be an active source of opportunities for serious investors. From analyzing 13,000 flips in greater Seattle-area since 2002, we find that on average, MLS-purchased flips sell for 1.8x their purchase price compared with 1.6x off-market and 1.4x at foreclosure auctions.

Are the properties in the background all different?

Yes. Our agents kick ass.

Do you have any job openings?

If you are amazing, we want to know. Here is a list of current openings, and we are always open to unsolicited pitches.

Closing fee for sale prices up to $2m or commissions up to $50k, then resets for the next $2m in sale price of $50k in commission.
Agents with zero experience pay an additional $850 on their first three closings and can expect high quality transaction mentorship.
Closing fee covers up to $1.5m in sales price or 30,000 in gross commission value.
GET STARTED
Schedule Call

Frequently Asked Questions

Are there any additional or hidden fees? Setup charges?

No.

B&O and L&I fees are mandated in Washington, but we pass on 100% of the fees, and with no claims to-date, our L&I rates are as low as it gets.

What if I have a tiny commission?

The transaction fee switches to an 80/20 split if 20% is less than the transaction fee, provided that you are not discounting your commission, e.g. you're the seller.

Do you accept new licensees?

Yes. New agents pay an additional $850 on their first three closings. We don't help you get clients or teach you how to get clients. But we will teach you how to write offers, do listings, and you can text us anytime with random little questions.

Is there a minimum commitment?

No, you can transfer anytime.

Can I upgrade to the business account later?

Yes, you can upgrade any time. If you move to a lower transaction plan, there is a 60 day period before new transactions use the new pricing.

Are you a member of NAR?

No. Our agents in Washington are not Realtors, so you don't pay Realtor dues.

Where is your office located?

We have a small office in each of our market centers, but our agents largely connect at our semi annual events and online on our agent-only Facebook group.

What do you expect and allow?

You do not need to attend meetings. You can work with regular buyers and sellers. You can use your own brand, sell your own rehabs, and assign off-market contracts, so long as you follow local rules/regulations and standard firm policies/procedures.

Do you offer discounts for teams?

Yes. If you are on the upgraded plan, you can add agents for $50/mo. If you break up, agents can keep the $50/mo rate for six months before switching to one of our standard plans.

Why should I bother with MLS deals?

[UPDATE NUMBERS BEFORE PUBLISHING]

From analyzing 13,000 flips in greater Seattle-area since 2002, we find that on average, MLS-purchased flips sell for 1.8x their purchase price compared with 1.6x off-market and 1.4x at foreclosure auctions.

While we do not know the condition of these flips, we think if anything MLS-purchased flips are in better condition, not worse. Furthermore, off-market deals often have an assignment fee and foreclosure deals have a commission paid on top of the purchase price, which makes MLS deals even more favorable than the numbers suggest.

Our guts tell us that this feels off, and to some extent this is true. The opportunity for luck is greater in these markets, and the top 10% of off-market flips perform better than the top 10% of MLS-purchased flips. Nevertheless, the MLS still presents a meaningful buying advantage for rehab investors.

This suggest there is more supply (deals) relative to demand (competing buyers) when shopping for deals on the MLS versus off market or at foreclosure auction.

From a supply perspective, 4_% of historical flips were purchased from the MLS versus 3_% off-market and 2_% at a foreclosure auction. With more supply, the MLS can absorb more demand.

From a demand perspective, we can say there's roughly 87% of the relative demand off-market as measured by the resale multiples (1.4 / 1.6). Because there are 1.25x more deals on the MLS than off-market (4_% / 3_%), we can deduce there is about 1.09x more demand (87% * 1.25).

In other words, there is 1.09x more demand on the MLS, but 1.25x more supply to absorb it.

We can't say for sure, but we have some theories as to why there is less competition on the MLS than it might appear.

For starters, prospective homeowners cannot easily finance properties that need repairs, and when they do compete it is normally for cosmetic flip opportunities. Many sellers also over price their listings and end up accepting a lowball offer—think of it as a hidden supply on the MLS.

The demand for off-market deals is also is also higher than it appear. From intuition and the advice of others, investors gravitate to the idea that buying off-market or at the auction is less-competitive. The problem is that everyone thinks this way.

In many cases, investors are purchasing overlapping mailing listings and calling on the same FSBO directories.

This is not to say you should only pursue MLS-listed opportunities. Rather, we believe the MLS should be an active source of opportunities for serious investors. From analyzing 13,000 flips in greater Seattle-area since 2002, we find that on average, MLS-purchased flips sell for 1.8x their purchase price compared with 1.6x off-market and 1.4x at foreclosure auctions.

How do I transfer my license?

Give us a call and we will walk you through what to do! 206-566-9456

It takes about 3-4 minutes, and you can find full steps here: How To Transfer Your License

Are the properties in the background all different?

Yes. Our agents kick ass.

Do you have any job openings?

If you are amazing, we want to know. Here is a list of current openings, and we are always open to unsolicited pitches.

Closing fee for sale prices up to $2m or commissions up to $50k, then resets for the next $2m in sale price of $50k in commission.
Agents with zero experience pay an additional $850 on their first three closings and can expect high quality transaction mentorship.
Closing fee covers up to $1.5m in sales price or 30,000 in gross commission value.
GET STARTED
Schedule Call

Coordination Services

Optional/As-Needed

Hand off paperwork and scheduling to an experienced licensed assistant.

Listing Setup
$200 - 250

  • ✓  prepare listing and seller forms
  • ✓  order sign post install/removal
  • ✓  order laminated flyer
  • ✓  open preliminary title
  • ✓  connect lockbox with listing
  • ✓  upload photos, go live by 8:00 am
  • ✓  no DIY listing mistake fees
  • ✓  lockbox install/remove (extra)

Sign up to sign down

  • ✓  open preliminary title
  • ✓  prepare listing and seller forms
  • ✓  create flyers for printing
  • ✓  order sign post install/removal.
  • ✓  upload photos, go live by 6:00 am
  • ✓  post open houses on Craigslist
  • ✓  open escrow
  • ✓  distribute timeline and contact info
  • ✓  remind you about deadlines
  • ✓  update listing as needed
  • ✓  organize inspection/appraisal times
  • ✓  follow up with people
  • ✓  prepare addenda responses
  • ✓  setup all e-signings
  • ✓  set you as first signer or reviewer
  • ✓  make you look good to your clients
  • ✓  remind you about deadlines

Contract to Close
$200 - 250

  • ✓  write offer (first free, then $50/offer)
  • ✓  distribute timeline and contact info
  • ✓  create a calendar event for each deadline
  • ✓  coordinate timely earnest money deposit
  • ✓  prepare addenda responses for e-signing
  • ✓  set you as first signer or reviewer
  • ✓  make you look good to your clients
  • ✓  put key in contractor box (extra)

Lower price available with business plan.

Frequently Asked Questions

Are there any additional or hidden fees? Setup charges?

No.

B&O and L&I fees are mandated in Washington, but we pass on 100% of the fees, and with no claims to-date, our L&I rates are as low as it gets.

What if I have a tiny commission?

The transaction fee switches to an 80/20 split if 20% is less than the transaction fee, provided that you are not discounting your commission, e.g. you're the seller.

Do you accept new licensees?

Yes. New agents pay an additional $850 on their first three closings. We don't help you get clients or teach you how to get clients. But we will teach you how to write offers, do listings, and you can text us anytime with random little questions.

Is there a minimum commitment?

No, you can transfer anytime.

Can I upgrade to the business account later?

Yes, you can upgrade any time. If you move to a lower transaction plan, there is a 60 day period before new transactions use the new pricing.

Are you a member of NAR?

No. Our agents in Washington are not Realtors, so you don't pay Realtor dues.

Where is your office located?

We have a small office in each of our market centers, but our agents largely connect at our semi annual events and online on our agent-only Facebook group.

What do you expect and allow?

You do not need to attend meetings. You can work with regular buyers and sellers. You can use your own brand, sell your own rehabs, and assign off-market contracts, so long as you follow local rules/regulations and standard firm policies/procedures.

Do you offer discounts for teams?

Yes. If you are on the upgraded plan, you can add agents for $50/mo. If you break up, agents can keep the $50/mo rate for six months before switching to one of our standard plans.

Why should I bother with MLS deals?

[UPDATE NUMBERS BEFORE PUBLISHING]

From analyzing 13,000 flips in greater Seattle-area since 2002, we find that on average, MLS-purchased flips sell for 1.8x their purchase price compared with 1.6x off-market and 1.4x at foreclosure auctions.

While we do not know the condition of these flips, we think if anything MLS-purchased flips are in better condition, not worse. Furthermore, off-market deals often have an assignment fee and foreclosure deals have a commission paid on top of the purchase price, which makes MLS deals even more favorable than the numbers suggest.

Our guts tell us that this feels off, and to some extent this is true. The opportunity for luck is greater in these markets, and the top 10% of off-market flips perform better than the top 10% of MLS-purchased flips. Nevertheless, the MLS still presents a meaningful buying advantage for rehab investors.

This suggest there is more supply (deals) relative to demand (competing buyers) when shopping for deals on the MLS versus off market or at foreclosure auction.

From a supply perspective, 4_% of historical flips were purchased from the MLS versus 3_% off-market and 2_% at a foreclosure auction. With more supply, the MLS can absorb more demand.

From a demand perspective, we can say there's roughly 87% of the relative demand off-market as measured by the resale multiples (1.4 / 1.6). Because there are 1.25x more deals on the MLS than off-market (4_% / 3_%), we can deduce there is about 1.09x more demand (87% * 1.25).

In other words, there is 1.09x more demand on the MLS, but 1.25x more supply to absorb it.

We can't say for sure, but we have some theories as to why there is less competition on the MLS than it might appear.

For starters, prospective homeowners cannot easily finance properties that need repairs, and when they do compete it is normally for cosmetic flip opportunities. Many sellers also over price their listings and end up accepting a lowball offer—think of it as a hidden supply on the MLS.

The demand for off-market deals is also is also higher than it appear. From intuition and the advice of others, investors gravitate to the idea that buying off-market or at the auction is less-competitive. The problem is that everyone thinks this way.

In many cases, investors are purchasing overlapping mailing listings and calling on the same FSBO directories.

This is not to say you should only pursue MLS-listed opportunities. Rather, we believe the MLS should be an active source of opportunities for serious investors. From analyzing 13,000 flips in greater Seattle-area since 2002, we find that on average, MLS-purchased flips sell for 1.8x their purchase price compared with 1.6x off-market and 1.4x at foreclosure auctions.

How do I transfer my license?

Give us a call and we will walk you through what to do! 206-566-9456

It takes about 3-4 minutes, and you can find full steps here: How To Transfer Your License

Are the properties in the background all different?

Yes. Our agents kick ass.

Do you have any job openings?

If you are amazing, we want to know. Here is a list of current openings, and we are always open to unsolicited pitches.

Schedule Call