Agent2Agent in Las Vegas>Question Details

Carla, Other/Just Looking in Las Vegas, NV

Almost done with the classes and going to take "the" test. Appreciate advice on choosing a brokerage to work with.

Asked by Carla, Las Vegas, NV Wed Jun 30, 2010

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Carla, there is a lot to be said about the "hard" criteria such as splits, fees, training, etc. Just as important, are the "soft" aspects of the brokerage. Is the broker looking out for themselves or for their agents? Is the office a place you would be proud to bring clients in? Are the other agents happy? Is the manger/broker the type of person you'd feel comfortable asking questions of? Does the technology/marketing offered match your goals? Is the brokerage growing or shrinking? Does the brokerage have the respect of agents from other brokerages?
1 vote Thank Flag Link Wed Jun 30, 2010
Hello Again Carla: I replied to your question previously and wanted to see if you have passed the test and if you have finalized your brokerage choice. Coldwell Banker Premier Realty can help you learn the business and then grow your business. Even if you feel you have made a choice, please come talk to me or any of our managers at any of our 3 Las Vegas/Henderson offices. My phone is: 987-5602. Thank you and good luck. Steve Hoopes, Branch Manager - Coldwell Banker Premier Realty
0 votes Thank Flag Link Wed Aug 25, 2010
HI Carla: If you haven't already, check out Coldwell Banker Premier Realty. My name is Steve Hoopes and I am a branch manager at CBPR and we're always looking for bright, ambitious people to help us dominate the LV Market. My phone is: 702-987-5602. Call me for a confidential interview.
0 votes Thank Flag Link Thu Jul 1, 2010
Just a quick note of thanks to all of you that took the time to offer your advice!! There are some really great companies out there, and some not so great companies. As soon as I pass the test, I am sure I will find the best brokerage to suit my needs. Like many other new agents, I am excited to be a part of this opportunistic career!! I would be lying if I said that the monetary rewards weren't something that originally brought me down this avenue, but the more I learn and the more horror stories that I hear about fly-by-night agents only makes me want to be more professional, and provide an A+ class service to the people that need a really great agent!! Thanks again for the words of encouragement and advice!
0 votes Thank Flag Link Wed Jun 30, 2010
Carla,
Great question! Interview at least five brokerages. Yes, most will say they are wildly successful and offer great training. Once the three minute (or twenty) patent answer is done, press for what exactly will you be doing for 30, 60, 90 days and what should be your results.
I thought most brokerages were fine but I wanted to know who was the best for me. The only one that could answer my questions well, provide tangible evidence of their success, and had the ethical standards I needed was Keller Williams. Get on Google to see what is the best selling and most helpful blueprint book on how to have a successful RE career- You'll find it to be Millionare Real Estate Agent, with a subtitle- It's not about the money, it's about being the best you can be.
Keller Williams just became the second largest RE company in the country and the only one growing in this market. Give it a look.

Chris Dowlen
Keller Williams Realty
702-806-1764
0 votes Thank Flag Link Wed Jun 30, 2010
I have to agree with Len. I am associated with Prudential Americana Group as well, although a different location then Len. We are in Summerlin. My advice below are some of the same questions I asked when changing brokers. It should be self-evident that this brokerage meets all of my needs and I have no reservations recommending that you give our brokerage/office a try. I can set up an interview if you like.

________________________________

John A. Brassner, MBA, REALTOR®
Short-Sales, Residential and Commercial
________________________________

Prudential Americana Group, REALTORS®
10777 West Twain Ave, Suite 333
Las Vegas, NV 89135
Cell: 702-808-9816
Fax: 702-995-0488
Email: john@john4realty.com
0 votes Thank Flag Link Wed Jun 30, 2010
Congratulations Carla!

I remember when I was just getting done with my classes and "looking forward" to taking the test. It has only been a few years now, and after interviewing each company, in my opinion, there is no choice! Hands down Keller Williams Realty was the best choice for me! The main difference is the corporate culture! When I first went to visit my market center, I got off the elevator and the first thing you see is a sign that reads, "God & Family First; Job Second!" I knew that I was at home! If you would like to discuss more about the company, I would love to tell you more. My cell number is 207.975.9330. You can also read more about Keller Williams by going to the following site: http://www.kw.com/kw/keller-williams-careers.html - if I can be of any help to you, please give me a call!

Blessings!!
Steven M. Dyer, CRS
Keller Williams Realty
The MidCoast Group
50 Sewall St., 2nd Floor
Portland, ME 04102
207.975.9330
steve@TheMidCoastGroup.com
0 votes Thank Flag Link Wed Jun 30, 2010
Carla,

Congrats on the classes and good luck on the exam!

You are going to get many different responses to your question because everyone is most likely going to prefer the company they are with currently. So I guess I will put my two cents in as well :)

I started out with an "undisclosed name" brokerage for my first year in this business. I was not happy at all. Then I transferred over to Prudential Americana Group, the only Prudential franchise in the Las Vegas area. They have 7 offices around town. I have now been here for over 4 years and I am extremely happy with this company. We are one of the largest real estate firms in Las Vegas. We are ranked #1 in the Las Vegas area as well with over 10% of the real estate market share of homes! So we have more homes listed and sold than any other company in the area. This typically means that clients trust us to keep coming back to us due to our service. We also offer great training for newer agents and ongoing training even for seasoned agents. Training is one of the most important factors to have as a new agent. This way you can learn the ropes before you just jump into the business blindly.

Our CEO Mark Stark is also very well known around town. He is a great CEO because he puts his agents first to make sure they are truly satisfied with the company. I would be happy to introduce you to my broker to try and schedule an interview with them. I think you will be very pleased with what you find out about our company. If you are interested, please email me or call me anytime.

Len McGuirk
Prudential Americana Group, REALTORS
Cell: (702) 203-6688
LenM@AmericanaGrp.com
0 votes Thank Flag Link Wed Jun 30, 2010
Hi Carla,
Your first year is extreamly important to the success of your real eastate career. You need to select a brokerage that you feel that will support you and guide you thru your first year. I would love to talk more to you about this and why I chose the company i am with currently. You can reach me at 702 940 2121 or you can ask for the company trainer Georgia.

Good luck on your test!
0 votes Thank Flag Link Wed Jun 30, 2010
Hi Carla....Please feel free to call me to talk Real Estate Brokerage Stuff!
Julia at Realty One: )
702-355-H-O-M-E (4663)
0 votes Thank Flag Link Wed Jun 30, 2010
Carla,
Congrats on the exam coming up I know you will do great!!!

Please call me 702 449 9556. My name is Bill Hargraves and I am with Keller Williams Realty Las Vegas

I choose KW for many many reasons and am extremely successful as a new first year agent. Mostly due to the environment and training of Keller Williams.

Bill
0 votes Thank Flag Link Wed Jun 30, 2010
Carla:

Interview several companies to find out what types of mentoring, continuing education, and fees they charge for services provided to the agents. I suggest that you put Keller Williams Realty on your list of companies to interview.
0 votes Thank Flag Link Wed Jun 30, 2010
What continuous education do they provide at what cost?
What happens if (or when) you decide to leave? To your commissions, listings etc.
Are you trying to get on a team or be an individual agent?
What are the splits, when can you change?
What additional fees or expenses are you charged?
What referrals/leads would you receive (if any) and at what cost?

For me it was a balance between what additional training and support they give you for what part of your commission they take in exchange for it. I first placed my license with one of the more traditional broker firms and found that while they gave great training it probably wasn't any different that what I would have gotten from a non-traditional firm. I also felt that I was sometimes working for the broker and when I left the broker kept my listings. I have since moved my license to Realty Executives of Nevada and I'm enjoying it there. I keep more money for me but still have the support I need when I need it. I also get support from my co-agents and there are a lot of free classes to keep me current. There is social stuff they do as well. If i decide to leave I keep any listings so whatever time and effort I put in is still mine. I recommend them and if you want I would be open to talking to you.

Just some thoughts but interview a few of them and don't just get caught up in the "we give the best training in the world" or "you keep all your commissions" stuff. You may keep all of your commissions but if you don't have any sales then 100% of nothing is nothing. On the other end of the spectrum you may generate business from leads but you may give 50% of your commission away plus brokerage fees so you end up getting a 40% of the split for your effort. I think my firm has a nice balance.

I will never say one is better than another rather find the one that's right for you at this time in your new career. Welcome to the business.

Alan Hughes
Realty Executives of Nevada
p: 702-940-8944
e: alanhughes@realtyexecutives.com
0 votes Thank Flag Link Wed Jun 30, 2010
Hi Carla,

Congratulations on taking the classes and good luck with the test. I'm sure you'll do well.

As for choosing a brokerage, I would recommend you interview with several to see what you think might work best for you.

I am very happy with my brokerage, Sellstate NRES, and would be more than happy to introduce you to my broker who can explain how our mentorship program and company is laid out. You could also come to any of our weekly sales meetings as my guest as well to get a better "feel" for the people who work here.

If you'd like to do that, please give me a call, 702-524-3668, or send me an email, Marie.Sestile@sellstatenres.com. You are never under any obligation, you have to find a company that you feel comfortable with and checking out as many as you need to to find that "just right" fit is the best way to begin your career.

Best regards and good luck!
Marie Sestile, SFR
Sellstate NRES'
702-524-3668
0 votes Thank Flag Link Wed Jun 30, 2010
HI Carla, Choose one that you feel comfortable with. Visit the offices around you, just walk in see how you feel and if you like ask to speak to the Broker.

Remember its always the Agent that lists or sells a property not the company.
Go with an office that's not charging desk fee's etc because your new this will hurt your pocket. Seasoned Agents sometimes choose desk fee's etc but thats because they have clients,exp. and more.

Remember to ask questions when interviewing, fees, help they offer, floor time,and if they assign you a mentor whats the split. Research the offices online pick a few and make the call.

All the Very Best
Dave & Lisa
Web Reference: http://www.urhomerealty.net
0 votes Thank Flag Link Wed Jun 30, 2010
Carla you should interview with differnt types of agencies, a large national brand, perhaps a medium size company and a small independant company. You want to make a list of what is important to you. a large company or a franchise will offer more education and training, but there are more agents to compete with, a small company will have less formal education but mor eon the job training and less competition.

You need to see how they operate, how they give ouot potential buyers or seller leads and what teh commission split is.

make sure they offer what you want as well as do you want a very formal or an easy going office.

good luck with the test and your new career.
Web Reference: http://www.ScottSellsNH.com
0 votes Thank Flag Link Wed Jun 30, 2010
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