Realtors, Agents, what should I look for in a Brokerage?

Asked by Deluxe Realty, Las Vegas, NV Fri May 4, 2012

If I'm looking for a Real Estate company to join, what questions should I be asking? What can I expect to be offered?

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13
Team Forss, #1 in SoCal’s answer
Team Forss,…, Agent, Temecula, CA
Sat May 5, 2012
If you're new I would go for someone with training and not a 100% brokerage. I am a broker for the fastest 100% brokerage in the nation and I turn down more agents than we hire. The only situation when we hire a brand new agent is if they have an experienced mentor. Here in Temecula CA we have grown tremendously. From last year in Jan we were 5 agents and now 90+ agents. I would recommend to get a top notch mentor and share the commission for the first few deals. Or become a buyer's specialist with someone that is committed to spend to money to get the best systems to help the clients. Perhaps the most important thing is that the brokerage should be fun and with lots of energy! Surround yourself with upbeat and motivated folks. Call if you need a broke reference. I network with the top 100 in the nation.
Web Reference:  http://www.come2temecula.com
2 votes
Sharon Paxson, Agent, Del Mar, CA
Mon May 7, 2012
Contact Renee Burrows at The Force Realty - she is a Broker and you can reach her at 702-966-2494.
1 vote
Connie Mitch…, Agent, South Padre Island, TX
Sat May 5, 2012
Paul has excellent points! Commission split is my first question.
How aggressive is their advertising program?
What fees will I be charged or am I expected to pay?
Desk duty? How often?
Sometimes you can get the "inside" scoop on the streets - word of mouth :)
1 vote
Paul May, , Las Vegas, NV
Sat May 5, 2012
Hi mark,
What questions?
Agents want to know how can this company help me make a living?
What is the difference between 100% commission shops and companies like keller williams- prudential- sell state-?
Where am I going to get leads?
That is a big one.

With me-You can expect a broker who will be available to help you grow your business-
- you can expect me to either guide the agent to develop with a team to get guidance or to fly on their own with the technology and tools we provide. Top notch- tools - eedge - our new platform got the Inman award for the most innovative technology in the business. I'm still learning all the bells and whistles-
It's tough out there in our business- and what I like about my office is the energy- the optimism, and the opportunities that we as a collective group- create for ourselves- plus everyone shares in the profits with the kw system- so there is a group effort to succeed-
Red day is coming up may 10th- a day that we as a office shut down and give back to the community- I like that about our group- this year we are going to help an elderly woman rehab her home- 30 of us or more are working that day to help her- I don't know too many real estate companies where an agent actually knows 30 other agents in their office- much less is willing to drop what they are doing and work together to help someone they don't know-
So what do we have to offer that's different?
When can we speak in person?
Sincerely paul
Web Reference:  http://Www.mayteamlv.com
1 vote
Jennifer Fiv…, Agent, Red Hook, NY
Tue Jul 24, 2012
Mark you should first start with assessing the reasons why you are not happy with the present Brokerage and that should help you formulate some questions. The major questions for agent leaving their present agencies relate to the following topics.

Commission
Training and development
Advertising
Lack of value ( not getting leads etc, unfair distribution)
Not getting along with the other agents.
Management style

When considering a move, it is important to talk to the agents in the Brokerage you are considering.
0 votes
Carmen Brode…, Agent, Scottsdale, AZ
Mon May 7, 2012
If you are considering a new brokerage, you should speak to as many local agents as possible.
0 votes
Janet Ratzla…, Agent, Coeur d Alene, ID
Mon May 7, 2012
Hi
You should ask what training they have, If they have a referral system in place, and I think the most important thing is if you like the people that work there. Call me or email me I am now working at Wardley and those are all in this company.

Jan 702-379-7773 janratzlaff@gmail.com
0 votes
Akil Walker, Agent, Upper Marlboro, MD
Sat May 5, 2012
Hello Mark,

There are a ton of questions to present to potential brokerage. i guess then biggest one for me would be how will help me grow my business?
0 votes
John Souerbry, Agent, Fairfield, CA
Sat May 5, 2012
I agree with Mack, it depends on your specific situation.
Have you considered working as an independent? I worked in a big franchise office, I make a lot more money and have to deal with many fewer drama queens (and kings) working on my own with a small staff.
0 votes
Mack McCoy, Agent, Seattle, WA
Sat May 5, 2012
It depends on what you have to offer to the brokerage. A broke career-changer who just moved into town has different needs than someone who has been a leader in the luxury home market.
0 votes
Annette Law…, Agent, Palm Harbor, FL
Sat May 5, 2012
Mark
A brief review of your profile shows:
"Mark Fleysher, MBA, Broker, REALTOR" and other verbiage regarding luxury Vegas housing.
Sound as though you are well entrenched in the real estate business.

So, what is the purpose of your question?
Perhaps you are looking for what agents find of value to include such in your agent recruiting plan.
The broken model, 'training' is easy and reflective of, organizations with alternative goals,ignoring the outcome.

Of any broker only one request is required...."Show me the results."
The applicant can then be advised complaining about getting wet when the buy a ticket on the Titanic would be inappropriate.
0 votes
Suzanne MacD…, Agent, Succasunna, NJ
Sat May 5, 2012
If you are new to the business, even if you are a seasoned professional, you should be asking "What kind of training do you offer?" An ever changing market produces an ever changing need for training. You should also ask what kind of support you can expect? What fees will you be charged? What will your commission split be? What is the culture or atmosphere in the office? Is it cut throat or do the agents work together as a team? I have had the pleasure of working in offices where we became more like family than like competitors and it has paid off tremendously in both terms of peace of mind and money. There really are some things money can't buy and those things are the most valuable!
0 votes
Robert Peddi…, , Las Vegas, NV
Sat May 5, 2012
You should be asking, "When can I come in to interview with your sales manager?" Give me a call, and I will get you set up.

Robert K. Peddicord
REALTOR®
Real Estate Consultant
Direct: (702) 218-3974
Free#: (866) 851-2800
E-Fax: (702) 317-3371
Email : robertp1@americanagrp.com
Web : http://www.peddicordconsulting.com

Prudential Americana Group, REALTORS®
871 Coronado Center Dr.
Suite 100
Henderson, NV 89052-3977
0 votes
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