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Annie Arouto…, Real Estate Pro in 91325

Is it a good decision to join Coldwell Banker?

Asked by Annie Aroutounian, 91325 Mon Oct 27, 2008

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Joshua Sixx’s answer
The best approach is to interview with at least 3 of the well recommeneded agencies for the area your planning on working within. You'll get the best "feel" for them once you've sat down and interviewed with the manager. Not all agencies were created equal, of course, but it's hard to say one is the best. It all comes down to person ality, and how you like to be dealt with.
0 votes Thank Flag Link Mon May 27, 2013
At RE/MAX Elite we take great pride in our associates and our effective management team. Each office is independently owned and operated. We have commission programs for associates at every level based on their experience, skills, and production. We invite real estate professionals interested in career opportunities at our offices to visit us and learn directly from our staff the resources and benefits of joining our Brand RE/MAX Elite. For more information on your Real Estate Career options, call us (818) 500-4007 email
1 vote Thank Flag Link Tue Oct 16, 2012
There are many good companies out there but it is true that you want the recognition as it is your business.

Of course the split is important but you also want to ask about training fees, franchise fees and office fees as well. Some companies pay better spilts but charge high franchise fees.

After spending three years at a local company, I joined Exit Realty. The training has been fantastic. I learned more in three weeks with Exit than I did in the three previous years. Agents start at a 70% split and move up from there. No franchise fees, training fees or desk fees are charged. Exit also provides a built in mentor program which is a huge benefit to newer agents. And Exit provides an oportunity to get 7% retirement benfits and 5% death benefits for your family. It is an amazing company that takes care of their agents now and in the future.

Look at your options and much success!
1 vote Thank Flag Link Wed Oct 29, 2008
Coldwill Banker is a very respected name in Real Estate. Much depends upon the Broker and what is being offered at the office. Do they help new agents to learn? Will they put you on a team with mentorship? What are commission splits? These are some (but not all)the questions to ask.
1 vote Thank Flag Link Tue Oct 28, 2008
First, I would never say anything negative about another broker. There are many successful Realtors working for almost every brokerage, it's the agent that needs to succeed.

Second, there are differences in brokers (not only companies, but the person in charge of that office).

Third, why I like Keller Williams:
1, Agent centric - the company exists for the benefit of the agent, to help the associate reach their full potential.
Whu is that important to you?
a) Look at company websites and public listing information. In most companies the agent is not listed. Leads flow back to the company or the broker. At KW YOU, the listing agent, receive ALL the leads from your listings.
b) Capping - you are expected to pay for your fair share of the office expenses and overhead. In my office that's about $32,000 a year. After I pay that out of the broker's side of my commissions I keep 100% of my commissions
c) Agent Leadership Council - composed of the top agents in an office - the brokers do not run the office, the agents do

2. Profit -sharing - when you help the company grow, you earn an equity position. You earn a portion of the company profits based on the profit generated by your contribution. After three years you a completely vested, and you can work with agents anywhere in the US and Canada

3. Team work - because we profit share, we work collaboratively on listings, sales, and with clients. We share profits and most importantly information, designed to help each associate reach their full potential.

If you have more questions you can contact me directly.

Good luck.
1 vote Thank Flag Link Tue Oct 28, 2008
Keith Sorem, Real Estate Pro in Glendale, CA
Coldwell Banker offers a great deal of support and infrastructure. I have been with CB for a few months and enjoy the company. If you need support, it's there. If you are experienced and you need less coaching, the systems that are in place coupled with their marketing reach are fantastic!

Hope this helps,

Elle Gaensslen
1 vote Thank Flag Link Tue Oct 28, 2008
If you are asking the question, tt means you have reservations.

Think about what you need, what kind of agent you are and what level of training and support is needed by you to succeed.

Is it you or the company you need to sell. If it is the company, then you should reevaluate yourself and see what can make you the better agent. People use an agent not a company.
Web Reference:
1 vote Thank Flag Link Tue Oct 28, 2008
I'd be more than happy to share what we can offer you. You will be in total control with support and no expense to incur. Give me a call or email to discuss....

Dave Krecker
Centuryside Real Estate, Inc.
Web Reference:
1 vote Thank Flag Link Tue Oct 28, 2008
It all comes down to what you are looking for.
I have to recommend Keller Williams because of the great split , education, and the fact that as an agent
i market myself, rather than the company. I have the freedom to have my own logo, my own company name, my own sign, etc vs a standard sign from company X with only a different name on it.
Keller also offers profit sharing. I would be happy to invite you to a local team meeting as my guest to get a better feelof things...just send me anemail.
good luck

LA Real Estate Group
Lou Arakelian
Alex Golshan
1 vote Thank Flag Link Mon Oct 27, 2008
I agree. Interview a number of different companies and see what they have to offer. My choice is Keller Williams--great splits, training, potential for passive income, and models to grow your business. If you will be working in a profession (i.e. real estate) where you are considered an "independent contractor" pick a company that treats you like an independent business person. Keller Williams lets you run your business the way you want to run it, gives you the tools to do so. A very "agent-centric" company. If you have questions, don't hesitate to write.
Web Reference:
1 vote Thank Flag Link Mon Oct 27, 2008
Hi Realtorex,

How many offices have you interviewed? I would talk to at least three offices to learn what they offer and what their expectations are.

Good Luck,

Karen Miller
Century 21 Beachside
1 vote Thank Flag Link Mon Oct 27, 2008
Coldwell Banker is a great company for a new agent starting out. They provide good training to their agents.
1 vote Thank Flag Link Mon Oct 27, 2008
Pam Winterba…, Real Estate Pro in San Ramon, CA
As a former Coldwell Banker agent, I would say that the bigger question to ask yourself is, 'Do I want to be a real estate business owner or do I want a job in real estate?' If you are really committed to the process of building a big real estate career and value real estate training, education, support & technology over where is the cheapest place to start your real estate career, you definitely need to explore the Keller Williams agent-centric model. What we care about as real estate agents, is where we are going to NET the most money. There is a reason we are now the largest real estate company in the U.S. in only 30 years! This is our KW Agent Career Blog:
0 votes Thank Flag Link Wed May 29, 2013
The question should be is it a good decision for YOU to join Coldwell Banker, and that can only be answered by you after you carefully determine what you need & want from a brokerage. When I joined RE/MAX I looked around to determine where the top performing agents were and even though there were less agents there, they were all performing at or near the top of the market. That made my decision an easy one.
0 votes Thank Flag Link Mon May 27, 2013
This is a question only YOU can answer. IT depends upon your needs and goals.
0 votes Thank Flag Link Mon May 27, 2013

Depending on what you are looking for you have plenty of options. Real Estate Brokerages have different plans and options which can help you grow your business.

We are currently looking for 5 active Realtors for our office location on Olympic and Bundy, Feel free to visit our website to learn more about us and available opportunities.
0 votes Thank Flag Link Mon May 27, 2013
More than the name is the office and what it offers. Ask questions and make sure that what they offer is a good fit for what you need. Take a look at RE/MAX and other big brands, compare and then make your decision.
0 votes Thank Flag Link Wed Oct 17, 2012
There are so many companies out there and we decided on Coldwell Banker Residential Brokerage because of their name and their training. There are so many companies out there and we wanted to be sure we would have a substantial company along side us, and name recognition!
0 votes Thank Flag Link Wed Oct 29, 2008
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