Tips for first listing...

**parneson** · 01-18-2012, 05:52 PM

Hi Guys,

Are brokers typically pretty open to helping rookies on their first listing? Or do they pretty much rely on you to know how everything is done already?

**Greg** · 01-19-2012, 04:51 AM

This is one of the things you need to look for when you are shopping for a brokerage to join. Some offer lots of training and mentoring and others leave you to your own devices.

Typically, this will be reflected in the commission split. You will be tempted to go with the broker who offers the best commission split but if you go with one of these companies you will not learn how to sell real estate so you won't have any commissions to split.

**parneson** · 01-19-2012, 12:10 PM

Originally Posted by Greg

This is one of the things you need to look for when you are shopping for a brokerage to join. Some offer lots of training and mentoring and others leave you to your own devices.

Typically, this will be reflected in the commission split. You will be tempted to go with the broker who offers the best commission split but if you go with one of these companies you will not learn how to sell real estate so you won't have any commissions to split.

This is what I assumed... when would be the point to talk about restructuring the commission split?

**Greg** · 01-20-2012, 05:04 AM

When you are generating enough commissions that your broker doesn't want to lose you.

**Malok** · 01-26-2012, 02:49 PM

You could also talk to some other brokers in town. They may offer you some better splits than where you currently are located. (And even if you wanted to stay w/ your current broker, it would at least give you some discussion points when you speak to them.)