I just received my real estate salespersons licence in WI. I am now starting the process of finding a broker-employer to sell for. What would be some good questions to ask the potential employer? Also, what would be some good things to look for in a potential employer (i.e. use of companies fax or not, use of a company car)?
2007-03-10 01:30:01 · 5 answers · asked by nhart24 2 in Business & Finance ➔ Renting & Real Estate
What you don't know is what kills you in real estate. The broker makes money off you no matter what.
Car out of the question.
What experience does the broker running that office have? They can make or break you? Look at their resume, no experience means they can't teach you jack. A lot of experience may serve your needs well.
There are agents that do and agents that don't. Decide which one you are going to be. If it's the later don't bother interviewing with anyone. Shred your license and call it the day.
Let's say your'e red hot, the ink is still wet and you are ready to sell. Work from home get the highest commission split possible and forget about what they are giving you, focus on what you give them so you can negotiate the best commission split. They need us more than we need them.
2007-03-16 15:03:59 · answer #1 · answered by manny d 3 · 0⤊ 0⤋
As a new agent, my best suggestion is that you go to the nearest Keller Williams Realty office and ask "May I PLEASE JOIN YOUR TEAM?" (and we're not a KW agency!) The reason I say that is that real estate is notorious for its lack of training that actually helps you make money. KW is a training company first and foremost, run by and for agents. It funds this training by teaching you to be successful in selling real estate. As you grow, you have an opportunity to participate in profit sharing too. I don't know of any other company that is so well-suited to new agents. Trust me and verify my statements yourself. You'll never regret it!
2007-03-14 09:01:18 · answer #2 · answered by Jay S 3 · 0⤊ 0⤋
Ask what the commission split is! Your broker isn't going to give you any business, so you should be taking home as much of what you earn as possible.
2007-03-15 17:39:01 · answer #3 · answered by SndChaser 5 · 0⤊ 0⤋
I don't know any Broker that gives you a company car.
Ask about availabilty of floor time, who pays postage, commission splits, training, office supplies, phone useage, office support, etc.
2007-03-10 02:05:54 · answer #4 · answered by Anonymous · 0⤊ 0⤋
"what is my cut of the commission?"
Are there any monthly quota's?
2007-03-16 10:12:40 · answer #5 · answered by larsgirl 4 · 0⤊ 0⤋