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Rainmaker
3,988,013
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Do you want to be a big fish in a small pond or a small fish in a big pond? All kidding aside some people do better in smaller more intimate situations without all the corporate hype. Others like the rah-rah of the national chains and all the tools that the bigger companies offer. It also depends where you are in your career. All the big flashy stuff doesn't impress me anymore. I could be a one person office and do fine, but that is after 35 years.

Mar 21, 2015 12:22 PM
Rainmaker
630,251
Ajay Pandya
e-Merge Real Estate Unlimited - Columbus, OH
Realtor Ajay Pandya

Find out what best works for you.

Mar 13, 2018 08:35 PM
Rainmaker
7,864,056
Roy Kelley
Retired - Gaithersburg, MD

I prefer a large well known office that includes many high production agents. If you need help, all you have to do is walk down the hall. You do not want to have to spend your marketing money to sell the unknown company.

Mar 22, 2015 06:19 AM
Rainmaker
1,241,754
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Question is if you can strike on your own, the name sake is insignificant.

I know a realtor selling junkie condos wanted to change her image went to that one under Warren Buffet, she is still selling and buying low end cheapies. She is leasing a Bentley but she can not make the adjustment.

 

Mar 22, 2015 04:36 AM
Rainmaker
940,887
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Jesse, we have only lost one potential client to someone who thought the brokerage we were affiliated with was not "big or famous enough" to get the job done.  Other than that our clients focus on what we offer to them and not on our brokerage affiliation.

Mar 22, 2015 03:47 AM
Rainmaker
1,153,794
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Having worked in tiny through extra large companies there really is no way I can evaluate the pros & cons of each. It is mostly subject to what and where your market or niche is. I would doubt that most of my customers could tell you or care which brokerage holds my license Jesse Castro.  

Mar 22, 2015 01:16 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Jesse Castro, it won't matter.

"Why?," you should ask.

Because you have not revealed or described your business, your business plan, like ANY small business owner would have prepared. 

Perhaps what you personally bring to the table via business contacts and shakers and movers in the community align you will with commercial real estate. You don't want to hitch your star to an enterprise selling villas.

Perhaps you come stark naked, nothing but a hat in your hand.

What do you think will resonate better with new clients:

"I am in business for myself but not by myself. I have the entire resources of my broker and REMAX brand to insure your success."

"I am in business for myself but not by myself. I have the entire resources of my broker and Tombstone brand to insure your success."

But, don't dismiss my first statement, I won't matter, if you don't have a plan and know how ti evaluate the broker. If you don't, you will be a fish whom they will teach to climb a tree. Historically, brokers have failed miserably in the endeavor. 

 

Mar 22, 2015 12:05 AM
Rainmaker
482,231
Lana Robbins Realtor ® Licensed Real Estate Broker
Aloha Kai Real Estate - Clearwater, FL
Licensed in Florida, Washington, and Hawai'i

Hi Jessie. I started with Coldwell Banker and was with them fo seven years until I jumped off on my own. I loved it there. Either is fine as long as you have the support and tools you need. 

Mar 21, 2015 11:21 PM
Rainer
334,783
Linda Metallo DiBenardo
RE/MAX Impact, Lockport, Illinois - Lockport, IL

It depends.  I think folks work with their individual agents, not companies. 

Mar 21, 2015 09:50 PM
Rainmaker
1,022,281
Chris Griffith
Downing-Frye Realty, Bonita Springs, FL - Bonita Springs, FL
Bonita Springs Listing Specialist - Agent

It's a personal choice. I generate my own leads and decided that handing 30K a year to a brokerage wasn't my best option and found a local franchise that was 100%.

Mar 21, 2015 08:57 PM
Rainmaker
519,324
Dan Tabit
Keller Williams Bellevue - Sammamish, WA

Jesse, 

I've been with a small office my whole career. I know and trust the broker. The lack of name recogition has never been a competitive issue.  I suggest you find a managing broker that you trust, respect and can learn from over paying attention to a name.  

Mar 21, 2015 03:34 PM
Rainmaker
152,714
Bob McCranie
Broker Associate / Team Lead - Texas Pride Realty Group - Carrollton, TX
Your best advocate when buying or selling your hom

Every person has a different answer.  Personally, I like small, nimble organization.  I do not like the large, corporate owned or francise systems.  It's just not me.  I find that a lot of agents pick the wrong model for their career and then end up disappointed.

Mar 21, 2015 03:07 PM
Rainmaker
4,319,773
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Jesse Castro - I think this is a personal choice. I love to be at Keller Williams - just because I learn a lot from them!

If the system can support your business, that's the way to go.

Mar 21, 2015 02:43 PM
Ambassador
3,741,912
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

The company you choose shouldn't have anything at all to do with the size.  In real estate, size doesn't matter.  To me, the important thing is what types of services the company offers and, what are the financial pros and cons. 

My brokerage provides amazing services to the agents, including professional photography and amazing brochures.  They make it very easy for me to compete for listings in a very competitive market.  And it's an amazing bunch of people.  Bigger isn't as important as really, really good.

Mar 21, 2015 11:55 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I like the small company if you like hands on training and working. The big franchise have more tools,  but if you dont have buyers or sellers to use them on, they are worthless. 

Mar 21, 2015 11:22 AM
Rainmaker
443,220
Cindy Davis
SD Home Source Realty - San Diego, CA

It really depends where you are in your career. Generally, when you are starting out, the big name gives you credibility. As you become experienced and known, it doesn't matter as much and you probably get paid better at smaller companies. The criteria should really be 'what do you need at this point in your career and who best can provide that?"

Mar 21, 2015 10:41 AM
Ambassador
6,418,418
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

The small companies have a hard time providing the tech, training, coaching and splits that the big companies have.

Dec 30, 2019 11:23 PM
Rainer
279,878
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

You decide! Your choice.

Aug 04, 2018 10:22 PM
Rainmaker
631,962
Vern Eaton
Askov, MN
Realtor 651-674-7449

I like the smaller companies.  Less costs so I don't have to work as hard and still make the same net.

Mar 22, 2015 12:28 AM
Rainmaker
582,106
Eric Kodner
Madeline Island Realty - La Pointe, WI
CRS, Madeline Island Realty, LaPointe, WI 54850 -

We're an independent "boutique" brokerage, so you have my answer there.

The "credibility" and "lots to offer" of big box brokerages is largely a myth. Surveys have confirmed that very few consumers select an agent or company by the company name or reputation.  In large brokerage networks, reputation is not company-wide, as you can always find a consumer horror story online by someone who had a problem with an agent at a particular large franchise.

Franchises spend a lot of effort emptying their agents' pockets, with desk fees, annual conventions, motivational speakers and lots of products to sell.  Not for me.

Mar 22, 2015 12:24 AM
Rainmaker
280,599
Jeanne Gregory
RE/MAX Southwest - Sugar Land, TX
The most important home I sell is YOURS!

I've done both.  For me, REMAX was a great choice.  I have a lot of control over my business and how I spend my money.  In the smaller offices, I saw a lot of "deadwood" who came to drink coffee, trade gossip and complain about how bad the market was.  The broker in that office told me he kept them around because "every once in a while, one of them hits a homerun".  Kind of like a "blind pig finding an acorn".  I knew it was time to go when I heard that philosophy. 

Mar 22, 2015 12:09 AM
Rainmaker
1,664,236
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

I'm a small business owner and it works well for me.  I've done the big box thing and leaving was the best thing I ever did.  We all do it differently.

Mar 21, 2015 11:46 PM
Rainmaker
5,112,896
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I've done both and typically I've found having the brand name behind my name is more helpful.

Mar 21, 2015 11:28 PM
Rainmaker
1,712,776
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Neither is better because it is you someone trust that the agency. The value of an agency should be judged in other ways and that value proposition depends on your needs. 

Mar 21, 2015 10:49 PM
Rainmaker
874,412
Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH
CRS

Size not matter, its their policies and splits on the referral you send and receive

Mar 21, 2015 09:43 PM
Rainmaker
4,272,934
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I don't think it matters as long as the atmosphere allows you to be the best that you can be...

Mar 21, 2015 03:19 PM
Rainmaker
2,443,250
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

The Broker I would choose to work for would need to provide education and opportunity.  Being a big company does not always present the best option.

Mar 21, 2015 01:33 PM
Rainmaker
1,683,912
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

It seems that the larger companies don't have time to make you a better agent, where, with a small company, there is more personal attention.

Mar 21, 2015 12:48 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

It really depends on the agent. Larger chain offices usually have a lot to offer an agent. The smaller offices are usually more intimate and there's likely better training. 

Mar 21, 2015 11:38 AM