Agent Tips: Questions to Ask When Finding a Brokerage…

Choosing a brokerage can be tough… but we’d like to provide you with a few things to think about (and ask) when interviewing brokers! The foundation of your real estate career is very important, so training and development are key. But, I think the biggest thing is finding the right culture — whether that be a team, a mentor, or an office — finding a place where you feel comfortable and your core values align.

We’ve broken the “key” questions down into a few categories:

Culture

  • What is the company culture like here?
  • Would it be possible to get a tour of the office and meet some agents?
  • Can I sit in on an upcoming training session or team meeting?
  • Do you have weekly/bi-weekly/monthly team meetings?

Training/Mentorship

  • Is there a cost associated with new agent training? Is this mandatory?
  • What forms of on-going training and continuing education do you provide?
  • Do you provide any formal mentorship program?
  • Am I able to shadow a more experienced agent?

Marketing

  • What marketing materials are available? Do you offer business cards or any other company-paid advertising/marketing materials?
  • Do I receive leads?
  • Can I “brand” myself and my business? If so, how?
  • Where does the brokerage currently advertise?

Office

  • How many agents work at this brokerage?
  • Does this brokerage have part time and full time agents?
  • Do you provide an independent contractor agreement?
  • What kind of administrative support can I expect from the brokerage?
  • At what times do I have access to the office?
  • Does this brokerage deal in residential real estate? Commercial? Tenant/Rental?
  • Will I be able to do open houses for other agents?
  • What are the brokerage’s short term goals? Long term goals?
  • Do you have a office/phone time requirement?

Money!

  • What costs will I incur?
  • What are the commission splits?
  • What commission split would I start at?
  • Do you have desk fees?
  • Are there franchise fees?
  • Do you offer “caps”?
  • Do I have to pay for my yard signs? Lockboxes? Sign Riders? MLS dues?
  • Do I earn a bonus or any commission for referring another agent to XYZ Brokerage?

If you’re thinking about starting a career in real estate [especially in Houston, TX] and have questions, shoot me a DM on Instagram, or an e-mail!

Coldwell Banker United, REALTORS® – Metropolitan
Katie Day, REALTOR®
2 Greenway Plaza #150 Houston, TX 77046
Phone: 832.317.6006
Email: katie@movemetotx.com
Web: http://www.movemetotx.com | http://www.instagram.com/movemetotx

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