What I will tell you and Cathy has already referenced it is that most of everything will work (Open Houses, Just Listed/Sold Cards, etc) as long as your are consistant.
A good broker/manager should be able to help you derive a business plan that will address many of the questions that you have.
So to answer what I feel is the general point of your question..."I am new, what is the best approach to stablish my busines?" Talk to different brokers in your area and discuss with them throughly what your financial, business, and life goals are. If you find a company who is compatible with your philosophies and has a plan to help you achieve goals then work with them.
Best of luck to you and if you ever need anything or require more advice feel free to visit me at http://www.hugotorres.com
Welcome to Trulia.
I think no one answered your questions so far because we just donâ€™t know where to start. They are all very good questions and it might be better to throw one question at a time, that way we can stay on subject and you can get different perspectives. Does that make sense?
If you are just starting I would suggest the book from Gary Keller â€œThe millionaire real estate agentâ€.
Let me try to answer quickly:
Do open houses work in this market? Mostly a way to increase your leads. It can make your seller happy. It helps advertise to the neighboors which cannot hurt.
Is office location important - do sellers/buyers still just walk in to the closest office to find/sell a house? Most of the battle is online. However if you donâ€™t mind doing floor time, then I would assume that location matters.
Do I need a personal website? YES and it should be live already.
Do brokers REALLY supply qualified leads? It depends. If they do then you will most likely pay for it one way or another.
What are the 3 most important items I must have from a broker? (aside from training) and is the highest commission split always the best route? It all depends on what you are personally looking for.
I hope it helps,