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Vincent Sald…, Other/Just Looking in Chicago, IL

What brokerage would you recommend a New Agent In the Chicago area joins?

Asked by Vincent Saldana, Chicago, IL Mon Oct 14, 2013

Hey everyone, I'll be getting my license in the next few months and was wondering what you guys would recommend when it comes to picking out my brokerage? Anyone have better training then others? Also do you have any recommendations what books a new agent should read. I'm almost done reading Millionaire Real Estate Agent and it's been very helpful. Any advice would be great thanks so much!

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As a new agent and ceo of your own company, you need the best training and education to succeed.
I'd look into Coldwell Banker, @properties, Baird&Warner to start. Branch out from there. Wherever you end up, you need to figure out what the most successful agents are doing and do the same thing.
Step up and bust your ass relentlessly. When the dust clears you'll see you have found success.
0 votes Thank Flag Link Thu Oct 17, 2013
1) What area do you want to work in or know the most about
2) What type of properties do you want to specialize in
3) What will be the average price point will be working with

Find an agency that has those offerings in their listings and have a good training and marketing program. Maybe some could have a mentorship program and a great support system.

I cannot recommend something to read, but several agents get marketing ideas from Million Dollar Listings NY. Do not do anything Fredrick does, he is not ethical. I Illinois that would cost you your license.
1 vote Thank Flag Link Tue Oct 15, 2013
I met with many brokerages and went with the one I felt was most interested in helping me succeed. Mentoring and training is important when you start off. Driving through the areas you want to serve most will give you an idea of marketshare. Coldwell Banker just happened to be the strongest in my area, and willing to train. So I went with them. If you are well connected and plan on working with buyers, then maybe brand isn't the most important thing, but sellers definitely react positively to a strong brand and all the branded marketing materials they provide.
0 votes Thank Flag Link Thu Oct 17, 2013
Vincent,

It looks like you have received some great advice. Definitely, look to work with a broker that specializes in the areas you want to work and offers on going training.

I personally started in the business with a independent company and I can tell you I see the benefits in working with a brand people recognize as well as the training offered. I have teamed up with one of the top 1% brokers and the knowledge and hands on training is priceless.

Best of luck!
0 votes Thank Flag Link Wed Oct 16, 2013
As a new agent you should be looking for one with an emphasis on education, classes and seminars. The more the better as a newbie.
0 votes Thank Flag Link Wed Oct 16, 2013
Go to a place where you can get training and have a mentor.
0 votes Thank Flag Link Tue Oct 15, 2013
join my team
Flag Wed Jan 14, 2015
Vincent, one of the most important pieces of advice I received is to look first and foremost at WHERE you plan to practice. Your address says Naperville. Most of the responses below discuss Chicago city brokerages, not ones in your area. I am a city-based agent who recently helped buyers purchase there, and the strong firms are not necessarily the same in every area of the Chicagoland market. Which firms are highly visible and successful in the market you want to be in? Which have the best training for an entry-level agent? Which office location is going to be the best for you on a daily basis? That's some of the advice I received when I went into real estate. I talked with several agents..both veterans and newbies...to find the firm that was the best fit for me. I encourage you to do the same. Good luck!
0 votes Thank Flag Link Tue Oct 15, 2013
Sorry forgot to add. I wish you all the best!
0 votes Thank Flag Link Tue Oct 15, 2013
I would like to recommend you two books:
1. How to become a power agent in real estate by Darryl Davis and
2. Mastering the art of selling real estate by Tom Hopkins.
As far as brokerage is concerned, I suggest that you interview few brokers and start with the one that you feel the most comfortable working. Once you get your license, you will need to join a local REALTOR's association to have an access to MLS. Once you are a member, you can take classes (many of them are free) and I suggest that you do, so you can get familiar with the system.
You can follow advice section on Trulia, so you can learn a lot of practical advice etc.
0 votes Thank Flag Link Tue Oct 15, 2013
Vincent,

I would also recommend partnering up with a loan officer so you can give each other referrals. I am a loan officer who works with over 40 lenders, so we have a lot of loan options that our competitors may not offer. We provide clients with free credit repair, and provide realtor training. Including accredited realtor education classes. We offer self generated leads in return for referrals. I am looking to establish realtor relationships at this time. Contact me if you have any questions or for more information.

Thanks,

Ashley Pimentel
Senior Loan Originator
Market Place Mortgager
246 E Janata Blvd. Suite 220
Lombard, IL 60148
Office: (630) 396-7787
Cell: (630) 217-7013
Fax: (630) 396-3698
apimentel@marketplacemc.com
0 votes Thank Flag Link Tue Oct 15, 2013
I settled in with and plan to stay with Baird & Warner.

Competitive split
Cheap monthly fee which covers your E&O insurance and rights to use ALL of Baird & Warner's offices
They pay for professional photographs and signs for every listing you take in
Great training for brokers and on going training
They appreciate their brokers and reward them periodically (I just got back from an all expense paid trip to Cancun)
They have great name recognition with the public
They have a great online presence.

Feel free to call me to discuss. I can set you up so that you can interview your future potential boss and tour their office.

Jeff Nobleza
773 677 5340
0 votes Thank Flag Link Tue Oct 15, 2013
Century 21 Affiliated. Offices throughout Wisconsin, Illinois, and Indiana. Contact Jackie Medows at : 708-398-6410 for information about our training programs.
0 votes Thank Flag Link Tue Oct 15, 2013
First - millionaire listing agents come with experience. The real estate classes tell you law and regulation and don't tell you anything about how to be a realtor or run a business.

The best way to learn that is to partner with an experienced realtor and/or find a agency that has an emphasis on training. Some of the bigger agencies are better at that, but the boutique small independent agencies have a tendency to be focused on the individual and helping them grow. Figure out where and what you want to sell and interview with I would say 5 or 6 agencies and ask them what they have to offer. Talk to their agents too.

Good luck.
0 votes Thank Flag Link Tue Oct 15, 2013
Company that offers training, don't always look at the split. At beginning it is always to invest training and know where to look for leads. Exit does rock and has more than training to offer if you are looking to stay in business full time.
0 votes Thank Flag Link Tue Oct 15, 2013
I would recommend , one that dont take your money , rightnow the average real estate companies work with an 95% agent 5% brokerage .

Very important that staff in the office working with clients are bilingues .
0 votes Thank Flag Link Tue Oct 15, 2013
3 great suggestions for you......
@ Properties is my BEST recommendation and I had worked for many others before joining @Properties. Fastest growing local real estate brokerage and the environment is nurturing, and the
training and classes constantly offered can not be better. Once with @Properties, try to connect with
one agent as your supporter.... Do a lot of open houses, learn about what buyers are asking and
what they are most interested in, and shadow the agent who takes you under his/her wings, learn
what is good to do and what is not, by watching those who have been in the business for a long time.

And learn the day in day out steps, all that is to know in detail from step one to the closing and handing in the detailed information to the office to get paid at the end of the deal....

Lots to learn, lots to remember and lots also changes.... Hope you will join @Properties and go through their intensive and detailed new agent weekly classes... You will be in good hands and you will learn the right way to do business from the start.
Sincerely yours,
Edith YourRealtor4Life & Chicago and Northern Illinois Expert

Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike....
And always with a SMILE 
Covering for @Properties the city of Chicago, all N and NW suburbs, the fine homes on the
North Shore, and many of the W and SW suburbs, and with her trusted Partner Agents all of
the US and worldwide properties. Edith speaks French, German, some Spanish and other.....
@Properties ---- EdithSellsHomes@gmail.com
Check out my website at htttp://tinyurl.com/YourRealtor4Life
HAVE THE MOST WONDERFUL DAY :)
0 votes Thank Flag Link Tue Oct 15, 2013
Hi Vincent! It depends on your business model and target market. I worked with @properties for several years and they are great for branding and marketing. I loved my time with them but this year I moved to Exit Realty. I love Exit because it is not your traditional brokerage. They offer higher splits, lots of training both virtual and on-site, cutting edge technology and have a lucrative team building concept.

Feel free to call me or shoot me an email and I can expound more.

Catherine Pabatao
Exit Strategy Realty
312.401.7878
exit.catherine@gmail.com
0 votes Thank Flag Link Tue Oct 15, 2013
I am actually thinking about joining @ properties because of their branding and training....Also I like the business model of "Exit Realty", they give you a high split and you take 10% of the revenue of anyone you get to join Exit for the rest of your life! (That is pretty awesome) & then the Matt Laricy group is also doing big things!

Let me know if you want me to get you in contact with any of them, thanks.

GS
312 493 8446
0 votes Thank Flag Link Tue Oct 15, 2013
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