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#121375 - 05/17/06 07:52 AM Questions to ask when interviewing broker
Rachel Offline
Member

Registered: 05/08/06
Posts: 12
Loc: Bel Air, Maryland (Baltimore)
As I finish up my last week of classes, I've found myself really thinking about what will happen once I take (and pass) the exam. I'm trying to come up with a list of questions to ask the different broker's that I will interview with when deciding where to "hang my hat". Any suggestions would be greatly appreciated!

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#121376 - 05/17/06 06:35 PM Re: Questions to ask when interviewing broker
GregInAtlanta Offline
Veteran Member

Registered: 04/14/05
Posts: 1171
Loc: Atlanta, Georgia
Kerry, do you realize this forum is not a place for blatant solicitations?

Rachel-

Do a search on this forum and you should get plenty of information on how to talk to brokers. Good luck!
_________________________
Greg Sargent
Licensed Georgia Real Estate Broker.

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#121377 - 05/18/06 12:34 PM Re: Questions to ask when interviewing broker
Tanya Offline
Moderator

Registered: 04/03/06
Posts: 304
Loc: Jacksonville, FL
In hindsight, I think I would have asked the turnover ratio. There are a lot of companies that are puppy mills of the real estate industry. I was treated as one of those puppies & told that I cost them $25,000/year so that's why I was on a 50/50 split. I was also told they expected 2/3 of their agents to leave. I learned all this AFTER joining the company. I joined because it was the largest company in my area with the largest market share.

Get a training matrix. What are they training you on? To me, business planning, how to run a business & prospecting would have been the most beneficial (again, all in hindsight).
_________________________
Tanya Watson/Owner
Sellstate Performance Realty, Jacksonville, FL

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#121378 - 05/19/06 08:39 AM Re: Questions to ask when interviewing broker
cori Offline
Member

Registered: 01/29/06
Posts: 46
Loc: Auburn, Ca
I learned the hard way. I would ask what type of training they offer, what is the cost (your going to need more training) and where is the training located, in office, another town, ect. Where are you going to work,(do you have a desk). What is the monthly cost,desk fee, ect. Commission split, franchise fee, E&O insurance, transaction fee. What is expected of you, who should you go to when you need support. There's a lot more, but one suggestion I would make is talk to the agents of different companies and ask what they think of the Broker/office where they work. How long have they worked there, and how well they are doing as far as sales. Thats where your going to get the straight talk. Also take a tour of the office.
Good luck.
_________________________
Corinne Shepard-Realtor
Keller Williams Realty
11601 Blocker Dr. Suite 200
Auburn, Ca 95603

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#121379 - 05/20/06 04:07 PM Re: Questions to ask when interviewing broker
REO Seller Offline
Member

Registered: 01/24/06
Posts: 323
Loc: So Calif.
Find an experienced agent who is looking for a buyer’s agent or focus on rentals, it will get you an immediate start and build a base for future buyers.

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