Open role · Active Texas license
Real Estate Agent — $199/mo, 100% Commission, Investor-Friendly (Texas)
For licensed Texas agents who also invest — or want to — and are done choosing between a brokerage that lets them keep their commission and one that lets them do the deal.
- $199/month
- 100% commission
- a home for investor-agents
- Brokerage
- StepStone Realty, LLC
- Location
- Anywhere in Texas
- Type
- 1099 independent contractor
- Pay
- Commission only · you keep 100%
- Brokerage cost
- $199/month + $400 per on-market transaction ($400 per $1,000,000 of sales price)
- Included
- Free CRM · E&O · CE
- Posted
- August 10, 2026
About the role
StepStone Realty, LLC — trading as Black Sheep Broker — sponsors licensed Texas real estate agents on a flat-fee model: $199 a month, 100% of your commission, and $400 per on-market transaction. Plenty of brokerages will now match the first two. What they will not do is let you wholesale, wrap, or take a house subject-to while holding a license with them. Here that is not tolerated, it is the business we built the brokerage around.
Compensation, stated plainly
This is a commission-only, 1099 independent-contractor position. There is no base salary and no hourly wage. You keep 100% of the commission you earn — there is no split with the broker.
In exchange, you carry the brokerage costs, and they are flat and published rather than buried: $199/month for license sponsorship and platform access, plus $400 per on-market transaction ($400 per $1,000,000 of sales price). No desk fees, no per-file E&O charge, no marketing fees, no long-term contract. The CRM, deal calculators and contract templates are in that monthly too — at most 100% brokerages a CRM is a separate $30–100 a month you pay yourself.
We do not publish an expected income figure, because we would be making it up. What you earn depends on the business you write. What we can tell you is exactly what it costs you to write it here.
Four questions to ask every 100% brokerage
Flat fee and full commission are table stakes now — most of our competitors offer both. These are the questions that separate them, and our answers are underneath each one.
- "Can I wholesale a contract while licensed with you?"
- Yes. Disclosed properly, as TREC requires. It is not a policy exception here.
- "Can I buy a house subject-to, or sell one on a wrap?"
- Yes, both. The broker teaches them and reviews the files.
- "What am I still paying for on top of your monthly fee?"
- Nothing we can bundle. The CRM is free — most agents at a 100% shop pay $30–100 a month for their own, on top of the broker's fee. Deal calculators, contract templates, E&O and your CE classes are in the $199/month too.
- "Do I pay you a fee when I buy or sell my own property?"
- The same $400 per on-market transaction ($400 per $1,000,000 of sales price) as any other closing. No surcharge for principal transactions.
- "Who do I call at 9pm when a creative deal gets strange?"
- Angie, and 250+ agents who have already run the structure you are looking at.
A brokerage that says "we allow it" and one that says "here is how we structure it" are not the same brokerage. Ask the second question and listen to which one you are talking to.
What you will do
- Represent buyers and sellers in Texas residential transactions
- Generate and work your own pipeline — we do not assign leads or set quotas
- Structure creative deals (wholesale, subject-to, wraps, fix & flip) if that is your business
- Maintain your own license, MLS membership and REALTOR® dues where applicable
- Operate within TREC rules and brokerage compliance policy on every file
Requirements
- Active Texas real estate sales agent or broker license (TREC)
- Willing to transfer sponsorship to StepStone Realty, LLC
- Able to work independently — this is not a salaried, supervised position
- Comfortable carrying your own business expenses as an independent contractor
Helpful, not required
- Experience with investor clients or creative transaction structures
- An existing referral base or farm area anywhere in Texas
What the brokerage provides
- Keep 100% of your commission — no split, ever
- TREC-compliant license sponsorship under Angie Rhea, TREC #572467
- Errors & Omissions insurance included, $0 extra per transaction
- Continuing education classes included, no extra charge
- No desk fees, no transaction-coordinator fees, no marketing fees
- Free CRM, deal calculators and contract templates — no separate software bill
- Creative deal types supported: wholesale, subject-to, wraps, fix & flip
- Hub community and deal-share network with 250+ Texas agents
- Education library of 50+ courses on traditional and creative strategies
- Weekly Monday coaching call with the broker, recorded if you cannot attend
- No long-term contract — cancel any time
Equal opportunity
StepStone Realty, LLC is an equal opportunity brokerage. We consider every applicant without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, veteran status, or any other characteristic protected by federal, state, or local law.
Not the right fit? See the other open role, or read the full fee structure and comparison.
Apply: Real Estate Agent (Licensed)
Angie sponsors every agent personally and replies within one business day. Applying does not transfer your license.