3,744,645
Over the years I figured out the brokerage has to work for the agents, not the other way around.
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
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Lyn Sims
Schaumburg, IL
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
2,684,769
Answers HERE
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Ron and Alexandra Seigel
Carpinteria, CA
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
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Lyn Sims
Schaumburg, IL
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Nina Hollander, Broker
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
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Michael Jacobs
Pasadena, CA
4,484,943
The list is too long... I went in with blinders on... never the less I survived and prospered thanks to my perseverance. The short answer is "how to generate Leads" and how to" learn the contract as fast as possible"Endre
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Bob "RealMan" Timm
Minot, ND
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John Juarez
Fremont, CA
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Doug Dawes
Topsfield, MA
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
321,564
I wish I had spent more time talking with brokers. Too bad I was not a member of AR. Would have learned a lot. You have a few good answers listed here. Honestly, figure out what you want, need and expect. before choosing a brokerage.
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
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Lyn Sims
Schaumburg, IL
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
5,258,966
The #1 question I would ask is the broker supports teams. They all do not.
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
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Lyn Sims
Schaumburg, IL
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
381,787
I'm married to my broker so... nothing
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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Bob Crane
Stevens Point, WI
577,750
Interview several brokers. I would not work for a selling brtoker. Look for a broker who has an open door policy. who is there for his agents when they need him/her, a Broker who will back up his agents, who is forward thining and in tune with the latest technoclogy to assist agents. Talk with agents within the Brokerage.
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Endre Barath, Jr.
Beverly Hills, CA
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Joyce Marsh
Daytona Beach, FL
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
4,907,547
The answer to these questions:
1. Do you provide formal training to agents? |
2. Is there a program where new agents are mentored by top producers? |
3. Are any of my training or class expenses eligible for reimbursement? |
4. What is the starting commission split? Does it change with production? |
5. Is there a bonus program? |
6. What costs am I required to cover? |
7. Am I required to have additional auto insurance? |
8. Where do you advertise and who pays for it? |
9. Are my desired farm areas already taken by other agents in the company? |
10. Will I receive a copy of company policies to review? |
11. What is the dress code for the office? |
12. How many agents are in the company? |
13. What is the average gross volume of your agents? |
14. What commission does the company typically charge? Am I allowed to offer a lower rate? |
15. What is your policy on referrals within the company and to outside agents? |
16. Is there any clerical or support assistance available through the company? |
17. Do you have regular meetings? |
18. Is the environment team-based or individual? |
19. Do you handle commercial listings or property management? |
20. How many listings does the office typically have? |
21. What is the company’s market share? |
22. What are your office goals? |
23. What are your expectations of me? |
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Anthony Kirlew
Gilbert, AZ
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Kathleen Daniels, Prob...
San Jose, CA
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Doug Dawes
Topsfield, MA
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Lyn Sims
Schaumburg, IL
4,584,596
Many things but first study hard, take lots of practice tests and do well on your state licensing exam. Priorities and prioritize. Focus on passing.
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Richard Weeks
Dallas, TX
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
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Nina Hollander, Broker
Charlotte, NC
6,426,149
I did my research and the only choice was KW, and I am very glad I chose them to partner with.
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Doug Dawes
Topsfield, MA
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Michael Jacobs
Pasadena, CA
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Debe Maxwell, CRS
Charlotte, NC
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Bob Crane
Stevens Point, WI
1,598,452
Good luck with school.
I am sure, that subject was covered so many times in the class.
And until you do try, you won't get the right one.
TRAINING. Only that to be #1 in your list.
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Richard Weeks
Dallas, TX
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
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Bob "RealMan" Timm
Minot, ND
2,222,281
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Kathleen Daniels, Prob...
San Jose, CA
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Bob "RealMan" Timm
Minot, ND
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Anthony Acosta - ALLAT...
Atlanta, GA
1,202,697
Needs & expectations change over time so in beginning find a brokerage that is strong on training & mentoring, imho
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Endre Barath, Jr.
Beverly Hills, CA
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
5,117,178
I never looked for a brokerage.. they came calling to me. You know when it's right. Before you begin a team business I suggest you become really well versed in being agents yourselves.
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Richard Weeks
Dallas, TX
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
1,045,440
Many things but one at top of mind that I am not sure many realize even years after being in the real estate business is that the Business model for a BROKERAGE and an AGENT are VASTLY different. Arianna Kokol
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Bob "RealMan" Timm
Minot, ND
5,583,328
ALL newly licensed agent MUST have training and mentoring ..... a few training classes will not be enough.... you need 24/7 ability to communicate with a mentor.... no guess work or dress rehearsals in the real estate business....
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
3,627,272
Training and splits. My first office offered no training, the office I'm with now has training out the backside.
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
4,800,132
I knew what I needed to know by asking this question from the right sources.
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
1,847,891
I wish that they had told me the truth on how tough it was going to be. They did in a way but not according to my estimations well enough.
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
5,246,557
Chemistry with the managing broker first. Mentoring and training second. The rest will take care of itself over time!
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
921,504
All the guidelines for what to 'look for in a broker' are FALSE.
You really only need to know two things. The list of 21 attributes is a transgression on common sense.
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Doug Dawes
Topsfield, MA
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Lyn Sims
Schaumburg, IL
2,071,025
As a broker today I would say
DO NOT WORK FROM HOME at the beginning!
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Richard Weeks
Dallas, TX
2,785,606
Know what you are talking about. Then learn how to wield it...richspeare
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Bob "RealMan" Timm
Minot, ND
1,507,073
I followed in my parents footsteps with the brokerage they were at and then to my own company. I'm good.
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Bob "RealMan" Timm
Minot, ND
4,434,177
5,773,367
Fred Griffin has given you a great link. A
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Fred Griffin Florida R...
Tallahassee, FL
7,871,821
Select the office that will best meet your personal needs.
I like to be surrounded by highly successful professionals.
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Bob "RealMan" Timm
Minot, ND
3,350,764
Oh My God, I cannot answer that here ... not if I were being 100% completely honest. Enter the Dark Side.
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Bob "RealMan" Timm
Minot, ND
509,449
Write down what are important to you and rank them. Then ask as many brokerages as you want how they addressed certain things. See whether their answers are in line with your priorty. More importantly talk the the agents in that brokerage and ask what they like and dislike there, why they select this brokerage, whether they fall short on their promises etc.
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Bob "RealMan" Timm
Minot, ND
2,403,205
Arianna Kokol don't be razzeled dazzeled. For me I want to know where they are coming from morally. Do they approach real estate law and ethics with an attitude that this is just common sense or do they view them as obstacles and here is how you skirt around them?
BTW, I've known a few married Real Estate agents that chose to work for different brokers and it worked out well for them.
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Joyce Marsh
Daytona Beach, FL
1,555,095
It's a business, not a job and you need to show up full time with a plan and the plan needs to change (adapt) about every 3-6 months.
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Bob "RealMan" Timm
Minot, ND
1,712,876
357,907
Interview with several brokers. Even if you LOVE the first one, interview others. The first one might just wow you because you dont know any better.
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Bob "RealMan" Timm
Minot, ND
1,326,624
What I knew when I first was licensed was that I still had a lot to learn. I interviewed with several brokerages. I chose the one that offered training and mentoring designed to make me successful.
Good luck to both of you.
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Bob "RealMan" Timm
Minot, ND
5,879,816
Be sure you choose one that offers training. You won't learn what you need to know on the streets in school!
1,458,319
I wish I knew more about the personalities and work habits of the Brokerage and those they hired. If you're not compatible and with different ethics it can become quite uncomfortable.
155,337
When starting out, I would recommend making sure that they will support you as new agents. Many peolpe look at commission splits, but if you are not closing deals, splits don't matter. There will come a time to negotiate splits, but I would recommend doing that after you have learned the business.
Also, as you market, promote you and your team, not the broker. This was if you change brokers it will be as seamless as possible.
4,968,101