Which brokerage to join?

Question

Frank Wong · Answer

Hi David,

I suggest you go with a big name or a big brokerage in your area.  Could be Keller Williams Coldwell etc.  Make sure to find out what their training program is like.  Also, check to see who their top producers are in the office.  You want to get on the top producer's team and try to learn from them.  Don't worry about commission split at the moment. A high split is great but its pointless at this time.  You are brand new, you want training and support. The money will come down the road when you actually produce.

If you want to be a 6 figure agent be prepared to give up 90% of your weekends your first year.

David Baier · Answer

Hey David, in my opinion Keller Williams has best training program and resources available from all of the different brokerages. That training isn't necessarily cheap but worth it if applied correctly and once you get the ball rolling. Franks advice about getting on a top producers team to learn from them is also great. Ultimately it comes down to what your goals are and how you envision your growth and path to prosperity.

Russell Brazil · Answer

This is how I decied.

I chose the dominant brokerage in my market.

Then I chose the top office location of that brokerage on a per agent productivity basis.

Maurice D. · Answer

also ask how they approach personal / investment listings.  I like Keller but I think they place a limit on personal listings.

Lien Vuong · Answer

Since you're brand new the most important question to ask potential brokerages are what is their training and support team like, what are their mandatory fees, and what leads are they offering? You will need all those elements to get your first deals off the ground and then you can get a feel for the compensation package. Since you're new, most of the splits will be very similar in a lot of brokerages since you will need more assistance.

Get a feel for the environment, sit in on the trainings, interview some of the active agents in the company. What is the consistent message that you see? Do you think that environment will foster growth?

Those are things to consider and please please please do not pick your first brokerage off the bat! They'll try to rope you in, interview at lease two and make a decision from there.

Brian D. Beatty · Answer

David,

Make sure you interview the broker, my most important question was if the broker/manager was competing. Second to me was cost of training/office use. Third was technology available. Make sure you're comfortable with all of their requirements. Want to know why I chose my broker, connect with me, so we can talk!

Which brokerage to join?

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