Now, what is your business goal?
What have you defined your business to be?
What are you immediate, short and long term goals?
If you have a clue, THEN you have something to chat about.
Untill you do, this is the ONLY thing you need to ask these brokers.
"What is the average transaction per agent annually for the office?" Have the broker show you the 'PRO-TECH report which tracks these numbers. Don't believe what the lips say.
Why is this important? This is the ONLY proof that the training, systems, support, compensation, oversight and guidance work. If the office is averagine 9 a year, this outfit is practicing 'ACCIDENTAL' real estate. Now you can use those averages to see how they plug into the homework you completed in the second paragraph.
If you need more help, read my seven blogs titled, "7 Things I wish I know before getting into real estate."
Don't believe the hype.
Send an email posing as a potential Buyer to EACH Agent on one of their listings and one the the Broker Owner. HOw quickly do the they respond? How helpful are they? Because that is the key to being successful in this business. I sold 8MM last year (my second year) and that is how I picked my Broker.
If your goal is to provide a great life for yourself then KW is the way to go! If you would like more information on who to talk to in your area I am happy to get you in contact with the right person firstname.lastname@example.org.
P.S. I have a GREAT broker, who doesn't mind if I call him at 9 pm on a Saturday evening!
I went online and found agents that worked at each office I was considering. I asked each what they liked and didn't like about the company. For me, that was helpful.
Go where you feel a connection...find someone you like...also find out if the training is theoretical or practical...Classes are a starting point, but the real learning is out in the field.
Wishing you all the best. And relax. if the first company doesn't work out, you can always move to a different one!
Seek a company that values the importance of a good mentoring system. One that provides a real experience in all walks of the business and encourages you to take part in enjoying success.
Your initial focus is not allowing yourself to be one of the 75% that wash out during the first 4-5 years and indicate their problem was one of never having received the support they required. As previously mentioned, if you are not getting what you need you can always make an adjustment by changing agencies.
I started with a big brokerage that had a mentor program. My mentor was very successful and could be delightful and charming as well as nasty and condescending.
We did the accountability stuff but for this mentor, whatever you did was never good enough unless you were a complete suck up or simply lied about your activities. It wasn't working for me.
The mentor disappeared during transactions and when I did reach him, he was not helpful. Not surprisingly, he was always ready to collect his check upon closing. It was really disappointing.
A mentor can be a really good thing if you have a good one who will be present and teach you practical, real life stuff that will help you succeed as long as you put in the time, work and effort.
As you learn more and get real world experience, you may start looking at those top producers differently. I did. Your perspective changes as you get more experience under your belt. Additionally, a lot of those "top producers" were successful simply because the market was good at that time. When the market changed, they were no longer top producers or even in the profession any longer.
There's something to be said about surrounding yourself with successful people and who have an excellent skill set that will allow them to survive in any market. I'd like to add that you want to make sure those people are honorable and act from a place of integrity.
Brokerages will often agree to have you attend one of their sales meetings to help you determine if they're a fit. Perhaps you'd like to attend meetings at the various brokerages and mingle with some of the salespeople and see what useful information you can extract.
The first brokerage I worked for often pitched high dollar, low value programs that claimed to revolutnize your business. Don't fall for it. YOU are your business.
You can also ask people at your realtor board if they have any suggestions. They'll have a perspective that may help you look at this from a different angle.
Another thing to be aware of is agents who too enthusiastically try to recruit you to their brokerage. Brokerages sometimes have incentives paid to agents who bring in new agents. It could be a flat fee paid to the agent, a certain number of months where the monthly fee is forgiven or a percentage of your sales. It's not that this approach is bad, but it something of which to be aware.
When an agent wants to recruit you, it would be nice to know their enthusiasm is pure and in your best interest.