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#455409 - 11/14/16 09:24 AM Re: What questions should I ask a broker? [Re: TravisF]
TheBPOExpert Offline
Member

Registered: 01/22/12
Posts: 114
Loc: Georgia
If you plan to do BPOs you should ask him if he has a problem with you doing bpos first of all. You should also address up front whether he will allow you to keep your BPO money or whether it is subject to the commission split.
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#455411 - 11/14/16 10:41 AM Re: What questions should I ask a broker? [Re: TheBPOExpert]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 7717
Loc: Vermont's North-East Kingdom
Originally Posted By: TheBPOExpert
If you plan to do BPOs you should ask him if he has a problem with you doing bpos first of all. You should also address up front whether he will allow you to keep your BPO money or whether it is subject to the commission split.

And ask if s/he will have a problem providing a copy of the Brokerage's E&O Policy to your BPO Mills . . . . as most now require proof of Coverage. Some also want the General Liability and Auto Policies as well; but E&O is the most common.
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#457497 - 04/27/17 12:21 AM Re: What questions should I ask a broker? [Re: estatereal]
Finance Daksh Offline
Junior Member

Registered: 04/26/17
Posts: 4
Loc: Uttar Pradesh
The best thing is to create your own brand.

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#457541 - 04/27/17 03:11 PM Re: What questions should I ask a broker? [Re: TravisF]
Dripping Springs Offline
Member

Registered: 04/27/17
Posts: 30
Loc: TX
BPO's are great but if your broker is unfamiliar with them how will he oversee it from a liability standpoint?
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#459416 - 10/18/17 10:25 AM Re: What questions should I ask a broker? [Re: TravisF]
Hailey Offline
Junior Member

Registered: 10/16/17
Posts: 5
Loc: Australia
Nice thread! Keep it coming..

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#459447 - 10/20/17 01:13 PM Re: What questions should I ask a broker? [Re: John_Myers]
Long Walk Offline
Member

Registered: 06/27/08
Posts: 117
Loc: New Hampshire
Originally Posted By: John_Myers
Commission splits and is there a cap on the commissions

What type of training do they provide. Generating leads is the most important issue for real estate agents. You need to understand the laws, practices, and procedures. No leads, no business, no commission.

Understand all of the fees you will be required to pay.

There isn't much else that needs to be said in this thread, IMO. Training, splits, costs, and supervision.... I can't think of anything else.

But, I can think of a question new agents ought to be asking themselves: Am I willing to prospect daily for business. Without a definite 'YES!' answer, there is nothing any broker could do to help a new new agent.

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