Thread: New realeestate student

I can't BELIEVE that you haven't found a brokerage that wants to bring you on board. The attrition rate right now for Broker's is massive with this market shift that is currently underway. The easiest way to do it would be to go online, do your due diligence on a few offices and find one you like. Email the office Broker/Manager and schedule and appointment. This will be your first question... "What type of training and lead generation will you provide for me"? Good luck, go get 'em!

HI:

was turned down by KW today. They only hire on people who can start out on a full-time basis.

Can this be done part-time? I cannot go 6 months as some say with no income.

Trust me, you can find someone willing to take you on part time. Look in the paper, craigs list, call around to different office but someone will take you.

Thank-you I will keep trying.


Greg

Hi,When I became a Realtor, I had already researched companies to find which I preferred to be a part of. I would like to suggest that you may want to first research the different companies, what they require, whether you will be employee or independent contractor, etc. Personally, I had criteria I wanted met which made it much easier to choose!! I did not want to have to sit in an office. Luckily, my broker understands how mobile real estate is so I work from my cell and the internet. I also wanted the opportunity to make residual, retirement and beneficiary income and unfortunately, many people don't know this is an option now in real estate. But that was important for my family. After you pick what YOU are looking for in a company, it will make it much easier. You can look at their company websites online, and there's always a place to find out about working with their company. Then you can contact a local office to see what other requirements they may have and if that will work for you. Good luck!!

If KW doesn't want you because you're smarter than to quit your day job until you can earn a little something in real estate then it's their loss...

Remember - YOU are interviewing them to find out what they can do for you. As a new Realtor you should expect to give 40% or 50% of your commission to the office you work for. In return for this commission, your broker needs to give you enough training to succeed in this business.

If they don't have an excellent training program in place, keep shopping. Also, don't shop based on who gives you the best split possible. The training you receive during your first 6 months will decide whether you're going to make it in this industry or not. Some offices might offer you as much as 80%, but if you don't have any closings because they didn't provide you with any training or support, you'll have 80% of nothing.

Good luck!

Hello:

Thanks to everyone for the continued support and advice. Yes, i do not want to just quit my day jobs at this time.

I plan on doing some more online research on a few local companies,

Coldwell Banker, and remax are the major brokers here, we also have a few family owned agencies.

Another thing to be cautious of is the sales volume of the Brokerage that you are considering joining. In the current market enviroment it will be easy to see who is sinking and swimming. Most, is not all Borkerages have a Listings & Sales board in the office that you can look at when passing through. Be sure and hold those interviewing you accountable for exactly how much, if any sales production their office has compared to others in the area.

Further, it is my opinion that the Agent's make the office great... nothing else. If the Agent's in the office are positive, friendly, welcoming and willing to stop and answer your questions and share sales tips this is a place to consider. Think of it like marriage, you don't just marry the Brokerage by name, you marry the whole office of Agents and they will become your friends for years to come. PICK WISELY!

maybe you can search now for a broker who accepts sponsorship. the earlier the better