Fees vary by company and since you are new, I would not get hung up on that. You want to be successful and stay out of court. Do the right thing and call Keller Williams.
To your success!
Chat with a few broker? What is important to ask?
Get training? Training to tune metronomes, use the MLS, create postcards, manage a business?
What are the fees? These fess are like taxes, you will need to pay them. Don't focus on the cost, you MUST focus on the outcome....the profit!
Now you need to do your own homework.
Read the seven blogs I have posted titled "Seven things I Wish I Knew Before Starting Real Estate."
Do you homework and you'll end up where you want to be.
If you buy the training speil, you will achieve what 95% of all newbies achieve. They never see their second year anniversary.
Best of success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
Step1. Make a list of all real estate offices within 5-7 miles of where you would like to work. Say at least 10 agencies. Call every office, ask for the manager, tell him or her that you are soon going to be a sales person and that you want to meet him or her. Go and meet them. Put on your best clothes, smile and charm. Listen to them how good their agency is as compared to others. Most of them will show you the office. Enjoy the free ride. Listen, listen and listen to all the managers. Next day write a thank you note to each.
Step 2. Analyze all agencies you have been and choose as follows. You make more mojo if you join the brokerage that will teach you most by well laid out training program for newbies. It is enjoyable to work with a manager who encourages you most. It is useful to find mentors who correct you most. It is fun to make friends among colleagues you enjoy most.
Step 3. As you work your career you will do many deals with other agencies. With every deal, go and meet the manager of the office and reintroduce yourself to stay in their memory. Send them holiday cards. Do all the things that you have learnt in life to maintain strong connection with every manager in your area.
Top quality of successful agents is a strong focus on relationship building. If you have embarked on this career, start with this end in mind.
Thank you for reading my two pennies worth.
All Real Estate Brokers are not the same. Please take a few minutes and go to http://www.c21JudgeFite.com and check out our company. I agree with many of the posts in that you need to find the right fit for you and make comparisons. I feel confident we will end up high on your list! We have 18 offices to fit your location and your clients location.
Give me a call or email me and I can schedule a time to discuss all of our opportunities further.
Century 21 Judge Fite
Keep in mind stability and market presence is critical to your success. If people cant find you then you may never get the business so moving around a lot never really works - you seem unstable. Market presence equates to the front door ~ cant get through the door if people have never heard of your company or want to do business with you. That's the difference between a top branded company and a no name company with little to no market share. You might not hear that but its true to some. Others say, sell yourself and get the business as long as you are licensed. You decide.
Usually, the standard or top name brand companies charge between $75-150 a month as a monthly office fee and 50 to 70% (50-50, 60-40, 70-30) splits on your earnings and then you cap at some magically number usually around $2000000 broken down about $60000 50/50 you will pay $30000 to your office 60/40 36000/24000 70/30 $42000/18000. You pay royalties, splits, and office expenses out of your share. Also keep in mind that with your share, you will pay for membership to the association, showing service, insurance and much more. After that you will pay for tools to build your business and have out going expenses in order to do business.
Some offices have pay per transaction models, keep 100% of your commission models, and all kinds of models that may or may not work. Keep in mind, if you don't get the support services and training to be a successful agent to build your business ~ you will fail and go broke. They don't tell you that but its the truth. You will pay to be in this business and if you don't get business you will still pay. Most don't make it the first year and that's the truth. A yardstick of a year is used because that's when you have to decide whether you need to pay again and continue to take your classes to renew your license.
You have time to find a place to land. Take your time and visit offices and interview them. You are about to start a business where you will be paying them a lot of money. Get what you want out of it! Ask the questions as if you are in control and you are making a decision to hire them. Go once, twice and maybe three times before deciding where to hang your license.
Lynn911 Dallas Realtor & Consultant
Multimillion Dollar Sales Producer
http://www.lynn911.com 100's of Dallas homes listed for sale or lease
Follow me on Facebook
I am in the Keller Williams-Allen market area, please feel free to call me if you are interested in the Allen area.
Providing Solutions Because...Your Move Matters!
Michael L. Brownstead, GRI, ABR
Keller Williams Realty
1002 Raintree Cir., Ste. 100
Allen, TX 75013
These companies have programs to help you develop your clientele.
If you are a independent self starter that understands how to stay afloat on your own:
The Michael Group
United Real Estate
These have low office fees and 100%/ flat fee based commission programs
The Michael Group