Agent2Agent in San Francisco>Question Details

Rafael Mendo…, Real Estate Pro in San Francisco, CA

Hello, I’m schedule to take my salesperson exam at the end of May. If all goes well and I pass the exam, does anyone have any good pointers on how

Asked by Rafael Mendoza, San Francisco, CA Fri May 7, 2010

to get started in the San Francisco or Bay Area real estate market? What should I do or say when interviewing with a broker? Should I be worried about commission splits? Should I try to work with a mentor, and if so where can I find a mentor who will help a new agent starting out? What should be my main concerns starting out as a new agent? Are there any good books or magazines that will support me in this endeavor? Please feel free to add any supportive information that I will benefit from.

Many Thanks in advance

Help the community by answering this question:

Answers

6
Rafael--All good questions. There are a handful of companies I'd recommend in San Francisco, based on their repuation, level of professionalism, marketing expertise & materials, and management quality. Do your due diligence and interview with managers to find out what type of training is available for new agents, as well as what sort of marketing materials and staff assistance you can expect.

The biggest challenge is and always will be getting the business. Make sure you have a clear plan and a very long list of contacts who can help refer you clients. It takes time to build up your practice, but once it's up and running, real estate is a very rewarding job for anyone who's hard working and has somewhat of a thick skin. :)

Best wishes--
Eileen
Web Reference: http://insidesfre.com
0 votes Thank Flag Link Tue May 11, 2010
Rafael--All good questions. There are a handful of companies I'd recommend in San Francisco, based on their repuation, level of professionalism, marketing expertise & materials, and management quality. Do your due diligence and interview with managers to find out what type of training is available for new agents, as well as what sort of marketing materials and staff assistance you can expect.

The biggest challenge is and always will be getting the business. Make sure you have a clear plan and a very long list of contacts who can help refer you clients. It takes time to build up your practice, but once it's up and running, real estate is a very rewarding job for anyone who's hard working and has somewhat of a thick skin. :)

Best wishes--
Eileen
Web Reference: http://insidesfre.com
0 votes Thank Flag Link Tue May 11, 2010
I recommend you join a team led by someone with mentoring experience. Your mentor shouldn't be a supervising broker or office manager, it should be someone who will get knee deep in the muck with you doing live deals (not training exercises) on a daily basis. Someone who directly ("financially") benefits from your development would be best. It really doesn't matter which logo you put on your business card (which franchise or office), since you will want to open your own office with your own name on it as soon as you get up to speed anyway (read "The Fountainhead" by Ayn Rand).
Catherine is right about "The Millionaire Real Estate Agent" - read that one too. This business isn't about selling property or making someone else's dream come true, it's about..... well, you'll see.
I yield the soap box.
0 votes Thank Flag Link Fri May 7, 2010
Hi Rafael,

Welcome to Trulia.

2 pointers:
1- Research the Keller Williams model and see if what we have to offer could be a good match with what you are looking for.
2- Study the book "The Millionaire Real Estate Agent- It's not about the money" so you can really understand where you are getting in.

Bonus pointer: spend time on Trulia reading blogs and Q&As, you'll learn a lot.

I hope it helps-
Web Reference: http://yourhousefast.com
0 votes Thank Flag Link Fri May 7, 2010
Rafael,

These days just about any company will hire you, but there is a lot more to be concerned about than the initial split. For example, what kind of training and ongoing, support, advice, and guidance will you get to support you through the process of becoming successful?

I don't prefer to discuss our program for new agent success in a public forum, but I'd be happy to discuss the benefits of working with our team at a mutually convenient time. Best of luck on the exam.

Best Regards,

Lance King/Managing Broker
lance@fixedrateproperties.com
415.722.5549
DRE# 01384425
0 votes Thank Flag Link Fri May 7, 2010
Rafael, your question has been asked by every real estate professional in the business. Each one will have a perspective unique the them. (myself included) In the end you will end up with:
1. Provides extensive training
2. Business Planning
3. Mentoring
4. Technology implementation coordinator.

My take is to identify the broker with whom you share Mutually Aligned Interests. (MAI). The fundamental result of MAI is the efforts of the broker and you create a bigger pie from which everyone benefits. A bigger pie is confirmed when productivity results of broker agents exceed averages AND meet or exceed your business goals. (not rookie goals but 3 year goals) I can provide more details if you wish. Just drop me a note.
Annette Lawrence
ReMax ACR Elite Group, Inc
727.420.4041
0 votes Thank Flag Link Fri May 7, 2010
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer