Updated over 2 years ago on . Most recent reply
starting off as an agent
What are the pros/cons of starting off as a new real estate agent in a smaller or larger brokerage?
Most Popular Reply
The brokerage size doesn't matter. What does is how committed the Broker will be to your development. Passing the real estate license prepares you for nothing...that just allows you to get in the game. Real Estate Brokerages 'collect' agents; they make money off of monthly desk fees for each agent they bring on as well as a split of your commissions. Some firms just want the body count. Others will charge you for each and every thing including training. Don't let the 'we really want you' pitch sway you, remember you're the product for these firms. Find out what they have to offer you and if a mentor (who you don't have to pay) will be assigned to you and if unsolicited calls to the brokerage could be assigned to you (future clients). You have to KNOW how the business works to be successful. Do the homework...