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Peter Roehri…, Home Owner in Washington, DC

Great brokerages for new agents?

Asked by Peter Roehrich, Washington, DC Sat Mar 30, 2013

I'm finishing up the Principles and Practices course and getting ready to sit for the licensing exam. Can anyone provide some insight as to which brokerages are great places for new agents? Which have the best training? Best commission splits?

Thanks!

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Lise Howe’s answer
Hi again Peter - I was the first one to answer and I suggested Keller Williams capital properties I am pleased to see my feelings are shared by other KW realtors on Trulia - that might tell you something that nearly 50 % of the responders in the first few hours are KW agents - says something about our being connected, Internet savvy, and enthusiastic about our company. If you are in DC on Wednesday you might stop by the office on 18 th St and sit in for an hour or two and catch some of BOLD - an exclusive training program offered by KW but open to other agents who want to take their business to the next level! Feel free to contact me at lise@lisehowe.com if you want more information! Welcome to a great career with wonderful people.
1 vote Thank Flag Link Sat Mar 30, 2013
Keller Wiliams across the board has fantastic training for new agents and the splits are much better than traditional companies which are more focused on taking a hefty split from your first transactions and don't really give you the training that you need. The founder of Keller Williams, Gary Keller, is a visionary in real estate, and one of the few who had any suggestions for how Realtors should adjust to the significant changes in the market a few years ago.
Locally, I love my company, Keller Williams Capital Properties, because of the energy generated by the owners and managers. Bo Menkiti owner of KWCP, is on the cutting edge of real estate as it is evolving in the DC area, responding to new technology, new markets in DC, and the ever increasing expectations of the consumer.

I have been in real estate for over 20 years and have been with big companies, national companies, and smaller local ones. I am delighted to finally be at Keller Williams and would love to talk to you more about it in person. Feel free to email me or call me. I can't recommend KWCP enough.
2 votes Thank Flag Link Sat Mar 30, 2013
I have worked at Long and Foster and Keller Williams and I do respect the great agents those companies have assembled. Before you decide you must talk to Michael James at Realty Direct - call/email and I can supply cocntact info. I adore this company - the best of Keller and big box like L&F. There is constant training plus opportunities to go beyond the buy-sell typical of most brokerages to have a model in how to create a real business out of real estate. I'd say Realty Direct hits the mark on all your questions. They love new agents - a chance to train before you aquire bad habits.
1 vote Thank Flag Link Sat Mar 30, 2013
Hi Peter,

As a new agent you should consider a brokerage that will offer you positive support and encouragement, ongoing training and mentoring, and where there is a culture of comradarie with other agents. Thankfully I joined Keller Williams Capital Properties where all that exits in spades. The broker, Brandon Green, is an incredibly positive person, and everyone on the staff and the Agent Leadership Council is there to help. KWCP has offices in Dupont/Adams Morgan, Capitol Hill, Bethesda/Chevy Chase, Rockville, and Fairfax. If you email me I will tell you more and would like to personally invite you to our next master class/team meeting. Good luck on your exam and I wish you all the best in your new career.

Wayne Johnson
waynej@kw.com
1 vote Thank Flag Link Sat Mar 30, 2013
To piggy back on Lisa's answer, most brokerages will just give you the phone book and tell you to start making calls. KW is very different as there is training beyond what you need to pass the national test. It provides training for how to run a business. Besides Gary Keller's book The Millionaire Real Estate Agent (which is a must read for any agent) new agents in the Keller Williams Capital Properties office are put through a rigorous training called IGNITE which gives the fundamentals needed to be successful and the classes are taught by seasoned agents. Then the agents are put on a growth path where they mastermind with agents at their production level. As they grown they move to join agents at higher production levels.

Beyond the education, part of the commission split provides all agents access to web based technology that is second to none. Each agent's site allows their clients to search the internet for properties and good agents use these sites to drive traffic and lead generate for new business opportunities.

If you're interested in learning more, feel free to email me at troy@brandongreen.com.
1 vote Thank Flag Link Sat Mar 30, 2013
Hello! Good luck on taking the exam....Take your time and pay close attention to similar answers and select the best answer that satisfies the R.E. Commission requisite.........We are a small brokerage firm located in Laurel, MD. If you are interested in an organized training program from the start then one of the bigger real estate companies may suit your personality better....However, if you are motivated and interested in learning real estate on a more personal level and have a good understanding of modern day marketing technology...well connected in a community, church group or other social organizations a smaller firm should be considered as an alternative to the bigger firms. The commission splits are very different with all real estate brokerages, i.e., some firms start new agents off with a 50/50 split, or you can opt for a 100% commission sharing arrangement where you pay from $99 up per month.....Remember you have the option to move your license to another firm by requesting a transfer from your designated broker.......Give us a call if you would like to discuss in more detail.....
0 votes Thank Flag Link Sat Mar 30, 2013
Hi Peter--In the Washington Metro Area the choice is obvious, Long & Foster. When you are a new agent it is important to have a well branded firm to partner with. With many of the other firms you are required to sell yourself and your company. At Long & Foster you only need to sell yourself. Our Managing Brokers are the best in the industry and they understand that in order for you to be successful long term it will be important for you to have your first transaction within 90 days. We have training, coaching and professional development at every level. Most companies will tell you they have excellent programs for new agents, but Long & Foster has a proven track record with regards to the training and development of new agents. Check out our website at http://www.longandfoster.com and click on Career Opportunities for more information and to find our pre-licensing class offerings. Don't get caught up on high beginning splits, the bottom line is that 70% or 80% of nothing is nothing. At Long & Foster we have a progressive commission plan where once you earn $17,999 you will advance to 90% all without monthly desk or junk fees. Best of luck!
0 votes Thank Flag Link Sat Mar 30, 2013
Hi Peter! My broker has over 30 yrs experience. our split is 20% for the broker or keep 100% with a small office fee. Mentoring is available and I am working with the best. I love working with Heymann Realty LLC.
0 votes Thank Flag Link Sat Mar 30, 2013
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