Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Anyone have experience with the big names in the area?
Need info on training provided, support available, brand recognition, commission splits, desk fees, upfront cost of business etc.
Any of them have a health insurance plan that you can buy into?
Would also appreciate any info on the big names, even if not local.
Thanks.
Best way to find out: Go meet with them, ask them your questions, then compare. Info from on-line anonymous agents are probably misleading, simply because often different agents get different deals, depending on production.
I hate the corporate structure more than you do, but I want to go from agent to broker as fast as possible, then go indie, and I need volume to do that.
Sellers mainly, penny stocks $500k properties for volume for now
Then there are plenty of shops to choose. Pick any outside of beverly hills.
It really doesn't matter how many agents an office takes in. You're still competing with the whole market and all the other brands for listings.
Actually the one benefit of joining a big office that has lots of listings is that you can piggyback off other agents, either doing open houses for various agents or co-listing, allowing you to put your face out there with joint marketing materials.
CB "Residential Brokerage" is a large chain owned by NRT, and they usually have mandatory 2 week training at some offsite facility. General consensus is that it's pretty good.
CB Corporate also has its own supplemental training material online- reading materials and live web classes.
Their splits suck, but you can train with them, then leave.
Anywhere you go, take what you need, then leave if you're not happy. You're never stuck in one place.
Just don't sign any long term contracts.
If you join one of the big brands, you will most likely have to join the realtors association too.
California assoc of realtors has their own supplemental support, e.g. legal advice, etc.
Basically there are lots of tools you can use.
I'd say the most important criteria for choosing an office is having a dedicated, accessible, experienced broker manager who can answer any questions and advise you on numerous problems you will face.
You're only going to learn 20% of what you need to know during training, and for that other 80%, you need someone in the office who can help you out, who is not so busy with his own deals that he has no time to do his management duties.
Forget about finding a colleague mentor. The top ones are too busy or selfish, and the bottom/middle ones just don't know enough or have low standards. But if you do find a top agent willing to take you in as free labor, and can answer your questions, and you are a self-learner, then tag along.
with these ideas in mind, go interview the offices.
None of us has firsthand knowledge of all the offices, so it's up to you to do the legwork.
Last edited by oh come on!; 09-23-2015 at 04:59 PM..
Then there are plenty of shops to choose. Pick any outside of beverly hills.
It really doesn't matter how many agents an office takes in. You're still competing with the whole market and all the other brands for listings.
Actually the one benefit of joining a big office that has lots of listings is that you can piggyback off other agents, either doing open houses for various agents or co-listing, allowing you to put your face out there with joint marketing materials.
CB "Residential Brokerage" is a large chain owned by NRT, and they usually have mandatory 2 week training at some offsite facility. General consensus is that it's pretty good.
CB Corporate also has its own supplemental training material online- reading materials and live web classes.
Their splits suck, but you can train with them, then leave.
Anywhere you go, take what you need, then leave if you're not happy. You're never stuck in one place.
Just don't sign any long term contracts.
I'd say the most important criteria for choosing an office is having a dedicated, accessible, experienced broker manager who can answer any questions and advise you on numerous problems you will face.
You're only going to learn 20% of what you need to know during training, and for that other 80%, you need someone in the office who can help you out, who is not so busy with his own deals that he has no time to do his management duties.
Forget about finding a colleague mentor. The top ones are too busy or selfish, and the bottom/middle ones just don't know enough or have low standards. But if you do find a top agent willing to take you in as free labor, and can answer your questions, and you are a self-learner, then tag along.
Thanks, do you know what the commission splits are ?
Any of them have a buy in health insurance program ?
I'm also interested in my own branding, my own website, business cards, signs, phone number, email address etc. Which firm would best suit that ?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
