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250+ Licensed Agents & Growing

Stop Choosing. Start Doing Both.

Join a community of 250+ licensed agents at Black Sheep Broker — the only Texas brokerage built for creative investors. Wholesale, wrap, flip, and keep 100% commission.

Wholesale Subject-To Wraps Fix & Flip + Traditional MLS
TREC Licensed #572467
No Desk Fees
Texas & 12 States

I closed my first wholesale deal within 30 days of transferring my license. Angie reviewed every contract personally.”

Marcus T. | Licensed Agent & Investor, Dallas

My old brokerage told me wholesaling would cost me my license. Here, it’s encouraged. I did 6 creative deals last quarter.”

Sarah K. | Licensed Agent & Investor, Austin

The community alone is worth it. 250+ agents sharing deals, strategies, and support — nothing else like it in Texas.”

Jason R. | Licensed Agent & Investor, Houston
Black Sheep Broker mascot — the badass sheep, symbol of real estate investment freedom

250+ agents building wealth on their terms

Black Sheep Broker community — licensed real estate agents at our annual event
$42M+
Deals Closed
100%
Commission
250+
Agents
Angie Francis, Broker at Black Sheep Broker
Angie Francis
Your Broker

The Problem

The Myths That Hold You Back

Break free from the limiting beliefs that keep agents from building real wealth.

Real estate agents at a Black Sheep Broker convention discussing deals

Your broker says wholesaling is prohibited

You found a great off-market deal, locked it up, and went to assign it — then your broker shut it down. You're watching deals walk out the door every month while traditional rules hold you back from the income you've already earned.

You were told a license would kill your investing

Someone told you that getting licensed means giving up subject-to deals, wraps, and wholesaling — that your license becomes a liability, not leverage. That fear has kept too many talented investors on the sidelines when they could be doing both.

You're hiding your investing from your broker

You've been keeping two separate lives — agent by day, investor in the shadows. The constant worry that your broker will find out, demand a cut, or worse, terminate your license is exhausting. You deserve a brokerage where you never have to hide who you are.

Ready to break free from these limiting beliefs?

See How We're Different
Navigate to the solution section to learn how Black Sheep Broker gives licensed agents the freedom to wholesale, list, flip, and do creative investing without restriction.

We ARE the Black Sheep

Finally, a brokerage built for agents who refuse to choose between traditional deals and creative investing. Your success, your way.

250+
Licensed Agents
100%
Commission
24/7
Deal Support

The StepStone Story

Angie Francis built StepStone Realty, LLC after watching talented agents walk away from licensing because traditional brokerages told them they couldn't wholesale or invest creatively. That felt wrong — so she created the brokerage she wished had existed when she started.

Under the Black Sheep Broker brand, StepStone became the first Texas brokerage built specifically for agents who invest. Your license is a superpower, not a liability — wholesale Monday, list Tuesday, close a subject-to Wednesday.

Today, 250+ agents across 12 states prove that being the "Black Sheep" of traditional real estate is exactly where you want to be.

Angie Francis, founder of Black Sheep Broker

Angie Francis

Founder & Broker, TREC #572467

What Makes Us Different

Wholesale, Wrap, Sub-to, Flip

All supported, all supervised. Every creative strategy traditional brokerages prohibit — we not only allow, we encourage.

Angie Reviews Every Creative Deal

Angie's involvement is personal. She has reviewed thousands of creative deals — wholesale, sub-to, wraps. Get compliance guidance from someone who's actually done it, not someone reading from a manual.

250+ Licensed Investor-Agents

Join our community of agents doing this every day across Texas without hiding from their broker or choosing between income streams.

Keep 100% Commission

No splits, no caps, no hidden fees. Keep every dollar you earn from traditional real estate transactions while building your creative portfolio.

Your License, Your Arsenal

Master all four pillars of real estate investing with the protection and power of your license

Wholesale

Find & flip contracts for quick profits

Subject-To

Take over existing payments

Wraps

Creative owner financing

Fix & Flip

Renovate & resell for profit

5 Reasons Black Sheep Agents Win

Everything a modern real estate investor-agent needs — built into a single brokerage.

100% Commission — Always

Keep every dollar you earn on every deal type. No splits, no caps, no surprises.

Broker-Backed Creative Deals

Angie personally reviews wholesale, subject-to, and wrap deals so you stay compliant and confident.

Zero Creative Deal Restrictions

Wholesale, wrap, fix-and-flip, or list — all legal strategies are welcome and supported here.

250+ Active Investor-Agents

Tap into a live deal-share network across 12 states. Co-wholesale, refer, and grow together.

Real Investing Education — Not Myths

CE credits, deal walkthroughs, and legal clarity on creative strategies that other brokers won't touch.

Ready to Break Free?

Join a brokerage that actually supports your success. Let's talk about what real freedom looks like for your business.

15-minute consultation with Angie Francis, Broker

Here's How It Works

Three simple steps to reclaim your freedom as a licensed agent.

  1. Black Sheep Broker agents at a live event

    Watch Our Videos

    See who we really are and hear from agents who've already made the switch.

    Watch Videos
  2. Angie Francis, broker — schedule a call with her

    Schedule a Call with Angie

    Get your questions answered directly with the broker. No pressure — just a real conversation.

    Talk to Angie
  3. Transfer & Start Doing Deals Your Way

    Transfer your license and begin doing traditional sales, wholesaling, subject-to — whatever the deal calls for.

    Your Freedom Starts Here

Our Story

Breaking the traditional brokerage mold to give agents true freedom.

From Frustrated Agent to Freedom Fighter

Angie Francis started Black Sheep Broker after experiencing firsthand the frustration of traditional brokerages that limit their agents' potential. Tired of commission splits and restrictions on creative investing, she founded a brokerage that puts agent success first.

Today, Black Sheep Broker serves over 250 licensed agents who refuse to choose between traditional real estate and creative investing. We believe agents should keep 100% of what they earn while having the freedom to build wealth their way.

Angie Francis, Broker at StepStone Realty - Professional headshot

Angie Francis

Founder & Broker

Black Sheep Broker team - Group photo of licensed real estate agents and broker at company event

250+ Agents. One Shared Vision.

Meet the licensed investor-agents who said "enough" to limitations and built a community where success has no ceiling.

250+
Licensed Agents
$42M+
in Closed Deals
12
States Represented
24/7
Community Support

Real People. Real Success. Real Community.

The full BSB crew at the 2024 StepStone convention in Lockhart, TX — this is what 200+ investor-agents in one room actually looks like
BSB agents after a Saturday deal-review meetup in Austin — the crew that wholesaled 14 properties that quarter

Austin Chapter Meetup

Monthly deal reviews & strategy sessions

Agents swapping deal stories between sessions at the BSB convention — Lockhart, TX 2024

2024 Convention, Lockhart TX

3 days, 200+ agents, zero stock photos

Angie walking agents through a live subject-to deal at the quarterly workshop — whiteboards, contracts, and real numbers

Quarterly Deal Workshop

Real contracts, real numbers, real agents teaching

Radical Transparency

No hidden agendas. No shady deals. Every creative strategy is taught openly with full legal compliance.

True Collaboration

Agent success drives community success. We share deals, refer clients, and celebrate wins together.

Continuous Growth

From newbie to seasoned pro, everyone has something to learn and teach. Growth never stops here.

Member Spotlight

MJ

Maria Johnson

Houston Chapter Leader

5 years with Black Sheep

"I was stuck at a traditional brokerage splitting commissions and being told I couldn't wholesale. In my first year with Black Sheep, I closed 23 traditional deals AND did 12 creative deals. The community support is unreal—when I got stuck on a subject-to deal, three agents jumped on a call with me that same day to walk through it."
2023 Results: $284k traditional commissions + $97k creative deals

Ready to Find Your Tribe?

Join a community where your success isn't capped by outdated rules. Where creative investing isn't just allowed—it's celebrated and supported.

Join 250+ licensed agents who do both traditional and creative deals

More Than a Brokerage. A Community.

Welcome to The Hub - your central command for deals, education, and authentic community support. This is where 250+ licensed investor-agents connect, learn, and grow together.

Black Sheep Broker agents gathered for a Monday Motivation session — sharing wins and strategies at a live event

Monday Motivation

Every Monday · 9:00 AM CT · Live Zoom

Start every week with inspiration and actionable insights. Live weekly calls with successful agents sharing real strategies, wins, and lessons learned from the field. Recorded for members who can't attend live.

Live Weekly Calls Success Stories Goal Setting Call Recordings
Black Sheep Broker agents at a real education workshop — learning creative deal structures and investment strategies

Education Library

Comprehensive training covering both traditional real estate and creative investing. From wholesaling fundamentals to advanced subject-to structures - all legally compliant.

Video Courses Legal Templates CE Credits
Black Sheep Broker community members networking and building real relationships at a local event

Active Community

Connect with 250+ licensed investor-agents in private forums and local meetups. Share deals, partner on projects, and build lasting business relationships.

Private Forums Local Meetups Partnership Network
Black Sheep Broker agents collaborating on deal analysis and pipeline strategies at a real event workshop

Deal Tools & CRM

Professional-grade calculators, contract templates, and deal analysis tools — plus a built-in CRM to track leads, manage your pipeline, and follow up on both traditional listings and creative deals from one place.

Deal Calculators Contract Templates Analysis Tools CRM Pipeline Lead Tracking
Black Sheep Broker annual convention — licensed agents at training event with industry leaders

Events & Training

Annual conventions, quarterly workshops, and monthly training sessions. Network with industry leaders and stay ahead of market trends and regulations.

Annual Convention Monthly Workshops Industry Leaders

Inside The Hub Platform

Purpose-built tools for both traditional listings and creative investing — all in one place.

hub.blacksheepbroker.com/education
Education Library
hub.blacksheepbroker.com/calculator
Deal Calculator
hub.blacksheepbroker.com/crm
CRM Pipeline
250+
Active Members
1000+
Deals Shared
50+
Training Videos
24/7
Community Access

Real agents. Real events. Real community. Here's what it looks like to be part of Black Sheep Broker.

Black Sheep Broker agents gathered at a real community event — networking and sharing deals
Community networking event
Licensed real estate investor-agents at a Black Sheep Broker workshop session
Workshop session
Black Sheep Broker convention — agents attending a real estate training session on creative deal strategies
Convention training session
Black Sheep Broker agents at annual convention — real estate professionals networking and learning together
Annual convention
Black Sheep Broker agents interacting at a real community gathering — authentic investor-agent connections
Community gathering
Black Sheep Broker convention workshop — licensed agents learning creative investing strategies from industry experts
Creative investing workshop

Ready to Join The Hub?

Stop working alone. Join a community that understands both sides of the real estate business.

Become a Black Sheep Today
Join our community of licensed investor-agents and get access to all Hub features

Join Our Thriving Community

250+

Agents

Licensed investor-agents across Texas and 12 states

100+

Workshops Annually

Live education sessions on creative deal strategies

24/7

Support

Community access and broker guidance whenever you need it

Why Black Sheep Brokers Win

Freedom to build wealth your way, with the support you need.

Black Sheep Broker agents celebrating deal success at a real convention event

100% Commission

Keep every dollar you earn. No commission splits, no hidden fees, no monthly desk fees.

Black Sheep Broker agents collaborating on creative deal strategies at a real workshop event

Creative Deal Freedom

Wholesale, subject-to, wraps, flips - do it all under one license with broker support.

Black Sheep Broker community of 250+ licensed agents networking at a real event

Community Support

250+ agent-investors sharing deals, strategies, and success. You're never alone.

Key Points

Every creative deal type traditional brokerages prohibit — we support and supervise.

Wholesale Supported

Assign contracts and close quick deals with full broker backing and compliance support.

Wrap Deals Supervised

Structure owner-financing wraps with a broker who has reviewed thousands of creative transactions.

Sub-To Deals Allowed

Take over existing mortgage payments legally and ethically with proper broker oversight and guidance.

Flip Deals Encouraged

Rehab properties for profit while keeping your license active and compliant under one supportive brokerage.

Start Doing All Four

Transfer your license and unlock every creative deal type

What People Say

Hear from real agents who've found freedom with Black Sheep Broker.

"Finally found a broker that lets me do wholesale deals AND traditional sales. My income doubled in the first year."

Jennifer Davis

Licensed Agent, Dallas TX

"No commission splits, no ridiculous fees, and Angie actually helps review my creative deals. This is what I've been looking for."

Marcus Stevens

Investor-Agent, Houston TX

"The community is incredible. Finally found my people - agents who actually understand investing, not just selling."

Amy Lopez

Licensed Investor, Austin TX

Simple & Transparent Pricing

Simple. Transparent. Keep Your Money.

One flat plan. No desk fees. No E&O surprises. No commission splits. Just you, your deals, and your full commission.

The Only Plan You Need

Black Sheep Agent

Every agent. Every deal type. One predictable structure.

$199 /month

License sponsorship + full platform access

$400 / transaction

Traditional listings & creative deals — same flat fee

Transfer Your License Today

No long-term contract. Cancel anytime.

License & Compliance

  • Full TREC-compliant license sponsorship
  • CE classes included — no extra charge
  • E&O insurance included — no surprises

Deal Freedom

  • Wholesale, subject-to, wraps, fix & flip — all allowed
  • Broker personally reviews every creative deal
  • Keep 100% of your commission — zero splits

Community & Education

  • Hub community + deal-share network (250+ agents)
  • Education library: investing strategies & market training
  • 24/7 broker & peer support for active deals

How We Stack Up Against Traditional Brokerages

Side-by-side comparison of what you get — and what you give up.

Feature Traditional 70/30 Split Brokerage Black Sheep Flat Fee Brokerage
Commission Structure 30% goes to broker 100% yours $400 flat per transaction
Monthly Cost $50–$300/mo desk fees $199/mo License + everything included
E&O Insurance $35–$100 per transaction Included, $0 extra
Creative Deal Types Prohibited Fully supported
CE Classes Extra cost ($100–$400/yr) Included
Investor Community Not available 250+ agent network
Contract Lock-In Annual contracts common Cancel anytime

At a 70/30 brokerage, a $10,000 commission costs you $3,000. Here, it costs you $400.

That's $2,600 more per deal — straight to your pocket.

The Math Speaks for Itself

Same $10,000 commission. Completely different outcomes.

70/30 Brokerage

$10,000 Commission
$10,000
Broker split (30%)
−$3,000
Monthly desk fee
−$95
E&O insurance
−$35
You Keep
$6,870

Black Sheep Broker

$10,000 Commission
$10,000
Transaction fee
−$400
Desk fees
$0
E&O surprises
$0
You Keep
$9,600

$2,600 more per deal

Black Sheep vs. 70/30 on a $10K commission

On 10 deals/year that's $28,350 back in your pocket

  • No Long-Term Contract
  • No Hidden Fees
  • TREC Licensed Brokerage
  • 250+ Active Agents

Pricing Questions? We've Got Answers.

Everything you need to know about our straightforward fee structure.

Are there any hidden fees or additional costs?

No. $199/month and $400 per transaction — that's it. No desk fees, no transaction coordinator fees, no marketing fees, no E&O insurance surprises. What you see is exactly what you pay.

Do I have to pay the monthly fee if I don't close any deals?

Yes, the $199/month covers your active license sponsorship plus access to everything: CE classes, Hub community, broker support, and creative deal guidance — regardless of your transaction volume. All the tools you need, even during slow months.

How do creative deals affect pricing?

Creative deals (wholesaling, subject-to, wraps, fix & flip) follow the same flat $400 transaction fee. Whether it's a traditional listing or a creative investment deal, the fee is identical. No penalty for being creative with your business.

How does this compare to a traditional brokerage split?

On a $10,000 commission, a typical 70/30 brokerage leaves you with about $6,870 after their split plus desk fees and E&O. With Black Sheep Broker you keep $9,600 — that's $2,600 more on a single deal. Do the math on your annual volume.

Is there a long-term contract or lock-in period?

No long-term contracts. Your sponsorship is month-to-month. You can transfer your license out at any time — we don't trap you. We keep you because you want to stay, not because you're stuck.

See Who We Are

Watch how licensed agents are building wealth through creative deals while keeping their traditional practice.

The Story of the Black Sheep thumbnail
3:45

The Story of the Black Sheep

How StepStone Realty became Black Sheep Broker — and why we built a home for agents who refuse to choose between traditional real estate and creative investing.

2.1K views
Brand Story
Inside the Hub thumbnail
8:22

Inside the Hub

A full walkthrough of the Black Sheep Hub — Monday Motivation calls, deal review tools, education library, and the community that makes it all work.

Hub Tour
Community
Day One thumbnail
12:30

Day One

What happens after you transfer your license — your first deal, first community call, and first taste of doing real estate on your terms.

Getting Started
Onboarding

Ready? See what it looks like to stop hiding and start doing deals your way.

Become a Black Sheep
Apply Now — Join the Flock

Become a Black Sheep

Join 250+ licensed agents who refuse to choose between traditional deals and creative investing. Fill out the form to get started — Angie reviews every application personally.

What We Look For

Current Texas Real Estate License
Interest in creative real estate strategies
Commitment to operating with integrity
Willingness to think differently
Active in the Texas real estate market
Black Sheep Broker agents at community convention — licensed investor-agents building wealth together
Start Your Application Free to apply

Ready to Join the Flock?

Tell us about yourself and we'll be in touch within 24 hours.

Your Texas Real Estate Commission license number

All applications are kept confidential

Submit your application to become a Black Sheep Broker agent. Angie will review and contact you within 24 hours.

Want to Talk First?

No pressure. Angie's here to answer your questions.

Angie Francis, Broker at StepStone Realty

Angie Francis

Broker · StepStone Realty, LLC · TREC #572467

TREC Licensed Broker 1,000+ Deals Reviewed 10+ Years in Creative RE

Has personally reviewed thousands of creative deals. She gets it because she does it. Angie built her own portfolio through wholesaling, subject-to deals, and traditional sales before becoming a broker. She understands the challenges agents face when trying to build real wealth in real estate.

Schedule a Call

Pick a time that works for you. Choose between phone or Zoom — whatever you prefer.

During booking, please provide your name, email, and phone number. We'll send you a confirmation with all the details.

Phone & Zoom options 15-30 minute calls No obligations

Frequently Asked Questions

Get answers to common questions about transferring your license and joining our community.

Still have questions?

Schedule a Call with Angie

Ready to Break Free?

Schedule a call with Angie to discuss transferring your license. No obligations, just answers.

Free to apply — Angie reviews every application personally