Thread: Coldwell vs. RE/MAX: another question

Originally Posted by Newly licensed

Thank you guys for answers to my previous post!
But what exactly I have to consider about the training? RE/MAX has the program 100 days to Greatness plus satellite tv network plus software tools. Coldwell has their interactive website for agents, software.. I just don't know what exactly is better? I mean they are not gonna assign a coach to me, but both brokers said they'll spend time going with me through my every step in first months..
Do you please have any particular thoughts on what type of training is the best?
Also, in my area, except these 2 big companies, the rest is "mom and pop" and I'm just not sure if I'll ever be equally treated in the office where everyone is a family member..

They're both almost useless.
You need a 'one-on-one' kind of training.
Stuff you may find in a mom and pop brokerage and/or in RE/max-CB
It's a question on getting it..

I originally went with the local brokerage here in Cincinnati (Sibcy Cline), they are an awesome company to get great new agent training from. It went over a lot of the technical training however naturally you need lead generation training to apply the practical side of it.

Thus after 6 months I switched to Re/Max where I am in the 100 Days to Greatness program which is phenominal. Brian Buffini is very inspirational and the stuff he has to say actually works, its basically a hand holding session, all you have to do is actually DO the stuff he tells you too (they even provide the materials).

I absolutely love it here at Re/Max, however I think it is good to go to your local brokerage (don't take me wrong Sibcy Cline are one of the top 2/3 companies in the area still with over 1,500 agents) however the power of th global brand and the training through the Satelite Network etc are invaluable in my opinion.

David

I think if you could join a team at a bigger company you would make out the best. You could get the one on one support from your lead broker but also maximize the resources of the brand. It could be a win/win.

Have you ever heard of the saying that 90% of agents will drop out in the first year? The companies you are looking at are the main reason for this IMO. I have a freind who works for one of them that you mentioned in accounting and she says that 75% of the agents "owe" the company money. Indebted servitude?

I started out with a big company, moved to a smaller one then started my own. From my perspective the big companies treat you like a number because that is all you are to them. The managers never had time for me or anyone else for that matter and were too busy to do anything that would benefit you. Only themselves. If you think that you will learn best by watching videos or reading about it, then either one will be good. If you want hands on go with a small firm that is busy and can teach you what you need to know or work as an assistant to someone at a big firm to get your feet wet.

Good luck either way.

Whatever brand you are looking at they are all different depending on the broker/owner. Some will be great and some will be not so great.

You need to interview all your options and ask them these questions. No one on these forums knows how those particular companies work unless they are actually affiliated with the particular broker/owner.

Man you should have heard the sale's pitch from ReMax yesterday . The monthly cost make's it virtually impossible for a new agent to earn a living not only from the monthly charge's but the competition. I'm going to a private company that is established and is in one of the highest yield area's in Houston for my first gig.

I agree with the fact that you need to do whatever it takes to get a mentor or someone who is going to be right there by your side. You will be totally lost without that.

Have you considered EXIT Realty International. Great commission structure, training, and residuals. No crazy monthly fees.
Take a look:
http://www.newflproperties.com/EXIT

We have sat training, DVD's, and mentoring.
Just let me know if you have any questions! I can set you up with a great broker where ever you are.
Best of Luck!