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Old 06-25-2008, 10:00 AM
 
1 posts, read 6,450 times
Reputation: 13

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I would like to know what questions should you ask brokers when interviewing to determine a perfect fit for new licensees?
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Old 07-09-2008, 02:05 PM
 
Location: Hartwell, Georgia
35 posts, read 148,983 times
Reputation: 28
Really, I found that it came down to asking who I felt most comfortable with. The relationship you have with your Broker is very important. You have to feel comfortable talking to them about problems, asking them questions, asking them for help, etc.
Ask what their commission split is; if you get more after taking continuing education and adding "letters" to your name; and if there are performance bonuses.
Ask if they are in the office frequently and available for training you and for conversations regularly. You would be surprised how many Brokers are NEVER available, and many don't want to take time out of their schedule to work with a new agent on training. It sounds to me like you would benefit from some one-on-one training.
Ask how many of the other agents in the office are full time agents.
Ask who buys the signs, business cards, pays for print advertising, etc.
Ask if there are any desk fees!
I cannot think of anything else right now, but feel free to contact me anytime at juliehaley@charter.net if you have further questions.
Good luck!
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Old 07-10-2008, 07:05 AM
 
13 posts, read 39,192 times
Reputation: 15
In addition to the great questions Julie posted, I'd also want to know about their Internet prescence. With the % of business you get from the Internet, if your broker doesn't invest in Internet marketing you are going to have to in order to stay afloat.
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Old 07-10-2008, 06:01 PM
 
Location: Evans, GA
100 posts, read 360,186 times
Reputation: 44
I agree with Julie and KayM. Also, what are you looking for in the RE field? A lot of these big time RE companies only care about bottom line and how much you are bringing in. If you don't produce, then you are out the door. I on the other hand became licensed because I wanted to be my own boss and controlled when and how much I made. Not the other way around. I am fortunate that I have a good broker to go to when I am ready to reactivate my license. (been licensed for 10 yrs, inactive for 4 now, because I went back to college fulltime and working on my MBA and I have family, all which those come way before my RE career)

Also, you have to realize in the for example in the Augusta market for RE there is a lot of agent turnover. The majority of the agents have been around for 15-20+ years. You have 20% of the agents doing 80% of the work. There are a lot of licensees, way to many for an area the size of Augusta IMO. But, if you are determined and have a way to keep financially afloat during the down times, by all means you can do it.

Feel free to email or pm me as well.
Laura
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