Known by the Company you Keep...The Broker Where you hang your License

By
Real Estate Agent with Keller Williams 414-525-0563

You are only as good as the company you keep..friends

 

OR

you are known by the company you keep...

Or

 

birds of a feather flock together....

Right or wrong...You can choose your friends and business associates...not your relatives so why not choose your broker based upon the things that are most important to you...here are some things that you may find on your list

 

   - Education - training available so that no matter what the market condition;you are reaping the rewards of being the best agent you can be

     -Technology - are you getting the highest level available and being shown how to use it or paying a fee and using the e-mail ?

                                                      - Agent vs Company Driven - Does the company make the rules, set the fees, take a healthy share of the commission and  you just live with it and consider being part of being an agent ? Was your listing shown/sold by an agent on floor when you paid for the advertising ?

    Is the Total Sum of Your Fees and the split you receive Greater than the Benefits you Receive ?

      Are the fees you pay and the money you Don't get going to company overhead and not to better your career and further the service you offer your customers ?

    There is a cost to not knowing....less education, fewer, slower sales...less income...less market penetration for YOU as an agent not THEM as a company....the list goes on....

   Find out today in a confidential discussion how things can be different...414-525-0563.

   The career you etter, the income you generate, the service you improve will be your own !

 

 

Posted by

Sally K. & David L. Hanson, ABR, CDPE, CSS, e-Pro,ILHM, REDS

Sally K. & David L. Hanson  

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Rainer
127,421
Dan Quinn
Prudential PenFed Realty - Silver Spring, MD
Dan Quinn

Gosh this is good to think about.  These are good guidelines to follow when thinking about your current Broker and whether you should be looking around.  I know a Broker who recruits his agents and tells them that the technology in his office is "state of the art".  Well, state of the art, that is, if you think that the Windows 98 platform is the best there is, a copier that works 3 weeks out of the month and a phone system that goes down every time a storm passes through.

You'll get education all right - you'll learn quickly that you need to find another Broker!

Aug 01, 2009 07:50 AM #1
Rainmaker
80,016
April Solomon
Solomon & Associates Realtors, Inc. - Port Richey, FL
Realtor/GRI

I think agents should interview Broker's as Broker's interview agents.  I look for experience, how long they have been in business, reputation etc....

Aug 01, 2009 08:04 AM #2
Rainmaker
570,044
Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos

They should also consider " staying power ".  Some well known newer business models have closed in many areas !

Aug 01, 2009 08:09 AM #3
Rainmaker
1,400,846
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Short Sale - CDPE, REDS

Good points Dan..and a how about sea of empty desks >

 

  You bet April...sometimes you have to look at the whole company....a new company in the market may not mean it is a new company in the country and you have to look at the overall performance.

 

True enough Bill...I will look at the business side of thing..it is more important to "be everywhere" or solvent and successful in one place ?

Aug 01, 2009 08:11 AM #4
Rainer
22,649
James "Jim" Vitale
Mighty Realty - Apopka, FL

All very good points to consider before going with a broker!  Good luck with your recruitment!

Aug 01, 2009 08:19 AM #5
Rainmaker
1,400,846
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Short Sale - CDPE, REDS

Thank you Jim....Keller Williams has offices in Florida too...give us a call if you want to check it out, we can put you in touch with the people in your area.

Aug 01, 2009 08:41 AM #6
Rainmaker
144,725
TheMillsTeam YourSebringRealtors
ERA Advantage Realty - Sebring, FL
863-202-0729

I haven't come across a broker yet that either offers great training at a great price or does the training themselves. I believe that a broker is responsible for training agents, after all these agents work under the broker. I also believe that the training should not be how to purchase brand name advertising or having to pay for classes that do nothing but promote the franchise's logo merchandize or how to recruit new agents (which is the broker's job) I believe training means to make sure an agents knows how to fill out a contract, how to navigate a short sale. Training, the way I understand it, is work related not franchise related or brand related. If more attention was given to actual work related training we wouldn't have to deal with agents submitting 5 non-bilateral offers to a short sale lender and then wondering why they don't get approval of sale. 

Aug 01, 2009 09:02 AM #7
Rainmaker
193,942
Kevin Kenagy
Peak Mortgage - Canby, OR
Oregon VA-FHA-Jumbo Financing

Great post, and is very true. as a loan officer i see many offices and see how the realtor's act in the envirment they are in. Money is not everything. thanks

Aug 01, 2009 09:13 AM #8
Rainer
290,849
Richard & Carol DeGrace
1st Colonial Community Bank | Bank - New Jersey - Cherry Hill, NJ
Mortgage Loan Officers NJ 609-209-3700

April said it well - when an agent goes for an interview, they need to interview the company just as much if not more.

Aug 01, 2009 09:17 AM #9
Ambassador
1,010,462
Harry F. D'Elia
Precision Real Estate Inc. - Phoenix, AZ
Investor , Mentor, CSSN, Radio Coach, REOs, ABR

Thanks for sharing your post on this subject. It is not always about the split but the reputation of the broker. Great points

Aug 01, 2009 09:25 AM #10
Rainer
201,427
Frank & Jodi Orlando
Frank & Jodi Orlando Get Us A Home Realty Atlanta Homes Sale - Cumming, GA

We have not lost an agent yet, and we have taken on 3 more in the last year. The split? Not great all things considered, but, we have provided the leads for all but one closing in the last year. A great split of zero is, well, you know....

Aug 01, 2009 09:38 AM #11
Rainmaker
1,400,846
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Short Sale - CDPE, REDS

AGREED...yes yes...and there are companies and brokers who offer training and care about what is literally the "word" on the street..KW is one !

Aug 01, 2009 09:41 AM #12
Rainmaker
671,765
June Piper-Brandon
Century 21 New Millenium - Baltimore, MD
Piecing Dreams One Home at a Time

I totally agree.  Think about the advice given to people who are trying to make a fresh start after drug addiction, alcoholism or prison.  They are always warned about the company that they keep.  The same is true not just in a fresh start but also in your career.  If you want to be successful, hang out with successful people.

Aug 01, 2009 09:50 AM #13
Rainmaker
122,067
Jim Valentine
RE/MAX Realty Affiliates - Gardnerville, NV

This is very true.  I must admit that I will judge an agent by their office before I even know them.  Some offices are dull, no energy, low producing.  Others are productive - across the board.  Once in awhile someone will start at the wrong office and move, but often they gravitate to where they are comfortable.  If it is in one of the low energy offices then I am not so hopeful that they will be able to sell my listing when they call to show it.

Aug 01, 2009 10:44 AM #14
Rainmaker
1,400,846
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Short Sale - CDPE, REDS

Nothing succeeds llike success or the the company of people who are scucessuly...right you are June and Jim !

Aug 01, 2009 12:41 PM #15
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Rainmaker
1,400,846

Sally K. & David L. Hanson

WI Realtors - Luxury - Short Sale - CDPE, REDS
For All Things Wisconsin Real Estate...Call the Hansons
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