#240674 - 07/28/08 03:17 PM
Any advantages to this kind of broker office or stay away?
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Member
Registered: 07/17/08
Posts: 95
Loc: AZ
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I have been going for my license for 2 weeks now, 2 more weeks to go. I actually had talked to a broker before i went to school to get some advice and while i didn't sign anything i kind of had a verbal i plan on working for you when i get the license because i liked the manager. It's a C-21 office.
I have attended the office meeting the last two weeks. Here is what I have found out about the office. A lot of the realtors there have actually been there for many years. Not a huge office, about 30 people.
While I really don't know anything about the business yet here are my impressions. (Remember I have been reading the Keller book and listening to Ferry Tapes so I have an image in my head of what i want to be.) The office is really laid back. Maybe to much? On the listings board there were only like 9 last month and there are only like 8 for this month. Also there don't appear to be any high octane "i want to be the best" agents there. But on the positive the broker and manager seem to be very helpful and willing to help in any way they can.
Now if I want to be constant prospecting go-getter and want to in two years have as many listing in a month as this office has in a month should i consider staying here where if i did that i would be their star? Or should I go find a high octane office with lots of super star realtors and go learn from them?
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#240694 - 07/28/08 03:57 PM
Re: Any advantages to this kind of broker office or stay away?
[Re: DeanMesaAZ]
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Member
Registered: 11/16/07
Posts: 312
Loc: CA
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It's probably best to be around producers -- as long as you can somehow benefit from their habits and know-how. In some offices, agents do not share any information or tips with each other. In other offices, you might be mentored by someone who will teach you the basics in exchange for a percentage of X number of transactions. In others, you might be able to join a team for awhile to learn the business.
At this stage, you want to make sure you learn how to generate leads for yourself and how to convert them.
I think it's best if you compete against yourself -- always striving to be better -- rather than compete with any agents in your office.
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#240767 - 07/28/08 07:12 PM
Re: Any advantages to this kind of broker office or stay away?
[Re: Texas Agent]
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Member
Registered: 07/17/08
Posts: 95
Loc: AZ
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Thats what i would think, usually a mix of both, but when i looked at the last two months of listing board and only see 17 listings with the best being one person has 3 its hard to really see a superstar isnt it? I dont know, maybe i am wrong, just curious
Let me add this, when i am looking for potential agencies in my area is there a website or anything that list the real estate brokers/sales people by volume for state?
Edited by DeanMesaAZ (07/28/08 07:15 PM)
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#240789 - 07/28/08 07:59 PM
Re: Any advantages to this kind of broker office or stay away?
[Re: DeanMesaAZ]
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Member
Registered: 07/14/08
Posts: 274
Loc: Dallas, Fort Worth - TX
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Let me add this, when i am looking for potential agencies in my area is there a website or anything that list the real estate brokers/sales people by volume for state? Generally the top brokers will be happy to hand out all sorts of glossy charts showing 'office' market share. In many offices monthly awards are handed out and the top producers are recognized... top closed volume, top listings, top listing sold, etc., etc. You'll also find links that have been compiled by independent sources listing the volume of LINK top producing agents and teams. But I'm not aware of any website that compiles detailed lists of individual agents and their production. You can normally get a good feel for which offices and agents are producing by looking for signs in the area you plan to work. The signs tell a very good story.
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#240817 - 07/28/08 09:13 PM
Re: Any advantages to this kind of broker office or stay away?
[Re: Texas Agent]
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Veteran Member
Registered: 09/18/04
Posts: 839
Loc: Idaho Falls, ID, USA
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Dean,
You need to remember where you are right now.
Phoenix Metro has been one of the hardest hit in the entire country. I have a brother who is very successful in the business who lives in Gilbert. Based on what he has told me, the numbers you indicated are not out of sync with the current environment.
Currently, a significant portion of your market inventories are foreclosure properties, not regular listings.
My point is that base your judgment on what the office offers, not what you wish the market was right now.
Best of luck.
_________________________
Steve Taggart Broker CENTURY 21 Advantage Southeast Idaho's Real Estate Leader(sm) The GOLD Standard(sm) 400 W. Sunnyside Road Idaho Falls, ID 83402 (208) 524-2121 http://www.IFhomes.comstaggart@ida.net
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#240825 - 07/28/08 09:56 PM
Re: Any advantages to this kind of broker office or stay away?
[Re: staggart]
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Veteran Member
Registered: 04/12/08
Posts: 744
Loc: Glover, Vermont
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You could be the catalyst that wakes that whole Office up. Certain personalities would get a lot of psychic reward out of becoming the Big Frog in the proverbial Little Pond.
Let me say that around here, a 30 Person Real Estate Office would be absolutely hugemongus. I would not be able to perform well in that kind of environment which promotes the growth of some interesting, but often unproductive, internal politics (aka group dynamics).
Other people thrive in that same setting.
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont Where We're Always Striving To Put Together "THE FAIR DEAL"
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#240874 - 07/29/08 02:18 AM
Re: Any advantages to this kind of broker office or stay away?
[Re: Vermont007]
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Veteran Member
Registered: 11/12/06
Posts: 1198
Loc: Denver
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I agree with Dale (I think). Being in an office of Top Producers might be a little intimidating for a new agent. They always look so busy busy busy which might make you feel more anxious than you should.
That said, my RE/MAX office has fantastic energy because most agents seem to be producing on a regular basis and they're upbeat and happy. Offices where people are scared and desperate would be a lousy place to hang out, IMO>
_________________________
Jennifer Allan, GRI RE/MAX City Horizons, Denver, Colorado Author of Sell with Soul, Creating an Extraordinary Career in Real Estate without Losing Your Friends, Your Principles or Your Self-Respect The Complete Rookie Survival Kit Everything You Need to Jumpstart Your Real Estate Career
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