#244257 - 08/13/08 08:21 PM
Training in Corporate-Owned Offices vs. Franchised Offices
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Junior Member
Registered: 07/28/08
Posts: 5
Loc: California
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Hi All,
I feel I would do best in a more "structured" training environment and in a mentorship program. In general, are corporate-owned offices more likely to offer this type of training than franchisees? And if so, which major companies besides Prudential have some offices that are corporate owned?
Thanks so much
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#244270 - 08/13/08 09:21 PM
Re: Training in Corporate-Owned Offices vs. Franchised Offices
[Re: Whitey]
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Member
Registered: 11/16/07
Posts: 312
Loc: CA
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Whitey: Franchises are often incorporated so I'm not sure what you are trying to distinguish.
You have to contact the various brokerages in your area and ask them what training they offer. Generally speaking, larger offices have more structured training. Check with Re/Max, Coldwell Banker, Century 21, Prudential, ERA, Keller Williams, Weichert, etc.
There are a lot of old posts you can search in these forums about who offers what training. But seriously, the local owner of a particular office may not offer what other offices of the same brand are doing in other cities. So for reliable info, you need to contact the local offices in your area. Talk to some agents who have actually gone through the training.
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#244330 - 08/14/08 12:05 AM
Re: Training in Corporate-Owned Offices vs. Franchised Offices
[Re: Perky_REALTOR]
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Junior Member
Registered: 07/28/08
Posts: 5
Loc: California
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[quote=Perky_REALTOR]I think he was wondering if because franchises are typically "Independently Owned and Operated" they may only have the name and logo of the corporation and all other similarities stop at the door...[/quote]
Perky,
You're right; that's my concern: that the quality of training offered at franchises varies much more than at corporate-owned offices. In my own area (SoCal), I know of a corporate office that is pretty selective in the agents that they hire. The prospective agent has to have a professional appearance/attitude and be committed to working at it full-time. The upside, though, is that the training they provide is a fairly intensive full-time, two-week track and when you finish it, you (allegedly) know your stuff.
Most franchised offices I'm aware of seem to offer training classes, but they tend to be kind of "willy-nilly" and you just fit them into your schedule as you see fit. The result is that you learn a smattering of this and that, but then you're faced with putting it all together which isn't easy. There's so much to learn in this business and without a well-structured plan to duplicate what's already proven to be successful, new agents are trying to "wing it" until they produce a revenue stream. I think that's why a lot of them fail.
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#244336 - 08/14/08 12:27 AM
Re: Training in Corporate-Owned Offices vs. Franchised Offices
[Re: Perky_REALTOR]
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Junior Member
Registered: 07/28/08
Posts: 5
Loc: California
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[quote=Perky_REALTOR]So when it comes to structure, be careful what you wish for - you may get much more than you want. [/quote]
Sounds like sage advice. Too much structure is for the corporate world. However, I didn't mean to imply that I need (or want) discipline imposed on me to do things a certain way. What I'm really after is to learn "the ropes" very well and quickly, in order to get off to a fast start. Once I get off and running, I'll want to feel free to adapt the plan to fit my personality and local market.
Thanks for the input, and I'll be sure to watch out for any offices run like boot camps LOL.
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