So You Want to Be a Realtor?

By
Real Estate Agent with The DeFee Team, Keller Williams Realty Traditions

You just passed the state board test and now you are faced with that daunting task of picking a broker to hang your license with.  How do you make a wise decision?  I had no idea when I got my license 4 years ago that there was any real difference in companies.  I interviewed with one company and hung my license there.  I loved my new found friends, but felt very frustrated with the whole process of learning about the business I found myself involved in.  Even after taking a "starter course" I still felt that I did not have the foundation I needed to be successful.  I spent two years trying to make that company work for me, when I finally decided to make a move, I did so with a lot more knowledge.  I am now very happy and productive with the company that I am with. I am equipped with the tools I need to be successful.   

So if you are having trouble figuring out how to choose a broker.  Please feel free to comment here.

 

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Tags:
real estate license
choosing a broker

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Rainer
41,833
Greg Hampton
North Georgia Mountain Property,Blue Rid
Re/Max Around The Mountains

I had the same problem for 5 years, I knew how to close deals but that was it. I now at RE/MAX Around the Mountains in Blue Ridge,GA and love it. It has the tools, and the staff to make it work.

May 22, 2008 08:54 PM
Rainmaker
450,672
Ritu Desai
Northern Virginia Realtor - Fairfax/Loudoun/PW - 7
Samson Properties

Start by near your home and interview them. Ask the Realtor in the office what they think about their office & company. I started with a company did feel right, I started looking around interviewed couple other offices and found a right one that made me feel right at home. Good Luck!

May 22, 2008 08:59 PM
Rainmaker
134,225
Linda Lipscomb
731-695-1118, Lexington TN Homes
Linda Lipscomb RE/MAX Lexington Henderson County TN

The training is awesome at RE/MAX.   The problem is you are so busy, it's hard to find time to use them all. 

May 22, 2008 09:03 PM
Rainmaker
241,550
Mike Wong
Realtor, GRI, Project Manager
Keller Williams Realty Southwest

Welcome to the KW Family Kat!

I always explain to new agents, choosing a broker is like a homebuyer choosing a home. Its a process and a decision.

I researched and researched every local company and interviewed with several. When I walked into my office, it felt different. Something I could feel, but couldnt understand. I felt like I was at home because I like to tell everyone "Our culture at our office makes everyone feel welcomed".

 

May 22, 2008 09:07 PM
Rainmaker
114,930
Susan Hilton
Texas Aggie Real Estate, College Station Bryan Texas Real Estate
CENTURY 21 Beal, Inc.

The training from Century 21 is unmatched! Talk with our agents! I encourage everyone wanting to get into real estate to not only listen to the broker or manager but make a few calls to agents and see what they have found!

May 22, 2008 09:11 PM
Anonymous #7
Anonymous
Janet Van Nuys

I am an instructor in a real estate school and teach prelicensing students (as well as continuing ed courses to veterans). This question comes up in every prelicensing class that I teach. I suggest first looking at their background. If they are well established in the community they may prefer to be with an independent smaller firm. If they are new to the area it is advantagous to go with a brand name firm.

Some questions I  believe they should ask when they interview with firms should be about what training they provide for rookies, what splits are provided to brand new agents, whether they cover E &O insurance and whether they carry an umbrella policy, do they have someone in the firm that can guide them professionally with real estate commission/complaint survival and someone there (sales manager or managing broker) that has vast experience with many transaction situations that they can go to whenever they need to for good practical advice (I have found this nearly priceless to me as a practicing realtor in my firm), and also whether they offer any benefits like ledgering expenses, any basic advertising bonuses (our firm provides a rebate for 2 new listing, 1 open house, and 1 price reduction ad for the life of every listing. They also provide access to free unlimited virtual tours-nice! Free unlimited black and white copies, too), and whether they have mentoring programs. Lastly, I tell them that a good front office is really important. The people that answer the phones (and run the business of the office) need to be good. (Think back to when you are trying to call someone and got someone that was completely incompetent on the other end that made it practically impossible to get to the person you needed to talk to in a succint amount of time.) The people up front can be the difference between a deal and no deal for realtors.

May 22, 2008 09:12 PM
Rainmaker
340,180
Eric Reid
Renaissance Realty Group of Keller Williams Atlanta Partners

I think new agents need to understand that they are entering into a business relationship with the broker / company and they need to interview the broker careful and the other agents in the office .. these people are going to be your business partners and they need to reflect your goals and values.

May 22, 2008 09:19 PM
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Rainer
4,188

Kat Vallish

Lake Spivey/Henry Co Georgia Real Estate
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