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#384091 - 07/23/11 04:51 PM Re: What are the biggest issues and challenges facing you as a New Realtor? [Re: MarioJann]
BENEDICT Croatia Offline
Member

Registered: 07/23/11
Posts: 34
Loc: Croatia
Why don't You try to work on Your own? Its not a very good time anyway, but working for someone will always only get You a small part of commision.

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#384093 - 07/23/11 05:09 PM Re: What are the biggest issues and challenges facing you as a New Realtor? [Re: BENEDICT Croatia]
lucy9 Offline
Member

Registered: 07/20/11
Posts: 30
Loc: San Diego
I have thought of that, there are several companies in california that only charge an average of 500 pr transaction.Some of them have training webinars for new agents.The big drawback; they dont have an office in my area or close anyway.

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#384322 - 07/25/11 12:36 PM Re: What are the biggest issues and challenges facing you as a New Realtor? [Re: MarioJann]
JakeF Offline
Junior Member

Registered: 04/12/11
Posts: 5
Loc: NW Ohio
I am new, actually just passed my test on Saturday (woohoo!!) I can't comment on much obviously, but I did have some frustrations when looking for a sponsoring broker (in Ohio, we must have a sponsoring broker before we take the exam). I live in a community of about 35,000 people and it is a very tight knit, "good ole boy" community. There are 2 large brokerages in my town, one a national franchise and the other is a local broker. I interviewed with both of them and pretty much got the cold shoulder. They really wanted nothing to do with a new broker and even though im 26, one said I was still too young for them. They never really asked much about me, interviews lasted maybe 5-10 minutes each. Then I went to another broker in town which was another national franchise. He never once said anything about his brokerage or real estate in general until he got to know me better. He spent 15 minutes alone talking to me wanting to know my interests, hobbies and my family. He really made me feel comfortable once we got to the real estate questions. He answered every question I asked and left no stone unturned. He gave me an outline of their franchise training program and what I would be expecting. I am actually going to be the first new agent they have taken in quite some time. When I originally met with him, I still had another 6 weeks to go in my Real Estate courses. He still called me every week to see how things were going and if I needed help with anything. If anything those other two brokerages motivated me to succeed even more.

Good luck to all new agents and don't let ANYONE attempt to tear you down. Remember, most of those that are trying to tear you down were once new agents too.

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#384350 - 07/25/11 04:33 PM Re: What are the biggest issues and challenges facing you as a New Realtor? [Re: JakeF]
MarioJann Offline
Member

Registered: 05/15/11
Posts: 44
Loc: Louisville, Colorado
Hey Jake! Congrats on finding a good company to work for. Way to stick it out. I am really surprised the other two companies did not sincerely consider you.

There are more and more people in their 20s becoming Realtors and I welcome you all and wish you good luck. The best way for our profession to continue forward is to attract new and capable Realtors.

Good luck!

Thanks,

Mario
_________________________
Realtor with RE/MAX Alliance in Louisville, Colorado

Author of "The Honest Real Estate Agent: A Training Guide For a Successful First Year and Beyond as a Real Estate Agent"

http://www.sellinginsite.com/ My Video Blog for new Realtors

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#384360 - 07/25/11 07:00 PM Re: What are the biggest issues and challenges facing you as a New Realtor? [Re: DRSRK]
Tempe REO Guy Offline
Member

Registered: 10/22/09
Posts: 119
Loc: Tempe, AZ
Originally Posted By: DRSRK


As I interviewed with various brokers I was surprised how little they wanted to know about me.


Also surprised how many of the questions I asked them that they would not or could not answer.Are they just looking for someone to fog a mirror? It was very important to me to go with someone who offered lots of training even if I had to pay for it. I now see why real estate agents sometimes rank lower than used car salespersons in public opinion polls.

Have you found some place that you like? I'm personally glad that other brokerages are that way. Gives us an opportunity to stand out.
_________________________
I am a Tempe Real Estate agent specializing in foreclosures and short sales. I also focus on Chandler Real Estate. To search for your next Phoenix home, check out Phoenix MLS to view all homes available in the MLS.
We are hiring. Keep 50% on all leads we refer you.

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#384392 - 07/26/11 04:55 AM Re: What are the biggest issues and challenges facing you as a New Realtor? [Re: Tempe REO Guy]
lucy9 Offline
Member

Registered: 07/20/11
Posts: 30
Loc: San Diego
No, all I know is that I passed the test,I saw that online.I am still waiting for them to mail me the paperwork.I wish I could find out how many I missed too!I feel like I scored pretty high,I was one of the ones who was done very early.

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#384397 - 07/26/11 07:33 AM Re: What are the biggest issues and challenges facing you as a New Realtor? [Re: MarioJann]
jbsnadb Offline
Member

Registered: 01/18/11
Posts: 135
Loc: Montgomery County, PA
It's funny how each state can have vastly different systems. I took the test here in PA in about 45 minutes, was alerted that I passed on the computer I took the test on, then immediately received a paper score notification that broke down how I did in each section of each test.
_________________________
My blog is now active! Just Off The Main Line - Montgomery County Real Estate

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#384398 - 07/26/11 07:47 AM Re: What are the biggest issues and challenges facing you as a New Realtor? [Re: MarioJann]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 4726
Loc: Vermont's North-East Kingdom
The same testing service will handle it differently based upon instructions from the respective State Real Estate Commissions.

We used to provide immediate scoring and if someone failed, the distribution of their errors by topical area. That ceased a few years ago, and applicants now have to wait for a pass/fail; and then must request the distribution of their scores.
_________________________
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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#384427 - 07/26/11 11:48 AM Re: What are the biggest issues and challenges facing you as a New Realtor? [Re: Vermont]
VABroker Offline
Veteran Member

Registered: 11/02/10
Posts: 848
Loc: Virginia
In VA, you either passed or you failed - they didn't give scores nor tell you where you needed improvement. Don't know if that's changed over the years.

I think it should be that if you flat-out failed, no disclosure of what you need to improve on - IMPROVE on it ALL.

If you passed but missed a few, let the person know which ones were at least answered incorrectly so that agent doesn't go around thinking for the rest of their life that they know about agency, i.e., when, in fact, they are dead wrong and they are basing all of their knowledge on that mistaken error.

You do a simple math test and you pass but you've missed a few but now you're going around in life thinking that 4+3=9.

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#384433 - 07/26/11 12:26 PM Re: What are the biggest issues and challenges facing you as a New Realtor? [Re: MarioJann]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 4726
Loc: Vermont's North-East Kingdom
I'm with you . . . . I was taught that the testing process itself SHOULD be an educational experience; but without access to where a person was weak, and where they were strong, test takers are denied that learning aspect.

Those who pass walk out thinking they know everything, and those that fail think they know nothing . . . . when the difference between the two people may be as little as one question !
_________________________
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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#384481 - 07/26/11 05:14 PM Re: What are the biggest issues and challenges facing you as a New Realtor? [Re: MarioJann]
jbsnadb Offline
Member

Registered: 01/18/11
Posts: 135
Loc: Montgomery County, PA
I walked out knowing I knew 89% of everything! :P
_________________________
My blog is now active! Just Off The Main Line - Montgomery County Real Estate

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#384515 - 07/26/11 09:29 PM Re: What are the biggest issues and challenges facing you as a New Realtor? [Re: MarioJann]
PaRealEstateAgt Offline
Member

Registered: 12/01/10
Posts: 90
Loc: PA, USA
Biggest issue I have as a new agent is time management. Trying to juggle lead generation, follow up and actually listings and buyers. Mainly being busy as H**L and not having a check to show for it. That's my biggest challenge, just staying in the game. Wondering if you are working in the right direction or just running around like a chicken with it's head cut off.



Edited by PaRealEstateAgt (07/26/11 09:30 PM)
Edit Reason: usually grammer

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#384519 - 07/26/11 10:08 PM Re: What are the biggest issues and challenges facing you as a New Realtor? [Re: PaRealEstateAgt]
MarioJann Offline
Member

Registered: 05/15/11
Posts: 44
Loc: Louisville, Colorado
This is a challenge for all of us. I am in the same boat now--my pipeline is full and I am working with a number of Buyers and Listings. Need to start getting some under contract.

Stick with it because eventually you will start knocking them down and the snowball will start building for you.

Hardest part of sales is riding the roller coaster.

Good luck!

Thanks,

Mario
_________________________
Realtor with RE/MAX Alliance in Louisville, Colorado

Author of "The Honest Real Estate Agent: A Training Guide For a Successful First Year and Beyond as a Real Estate Agent"

http://www.sellinginsite.com/ My Video Blog for new Realtors

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#384549 - 07/27/11 10:45 AM Re: What are the biggest issues and challenges facing you as a New Realtor? [Re: MarioJann]
Jollymon Offline
Member

Registered: 05/14/05
Posts: 303
Loc: Rock Hill, SC
Just because you get your license doesn't mean people will knock your door down to do business with you. You are now self employed so YOU have to shake the bushes and find your own business. Referals are an agent's life blood for long term success. But you can't get referals until you get the initial business. When I first started my biggest challange was figuring out how to spend my time. Set an appointment with yourself and prospect EVERY day. No one pushes you to go to work. You have to push yourself. Get on with a broker who has a good training program and start digging for gold. He who lists will last in this business. That is what I did 12 years ago and now I live in the land of milk and honey - ha ha. But I am still in the business and still have to prospect for clients.

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#384657 - 07/28/11 08:32 AM Re: What are the biggest issues and challenges facing you as a New Realtor? [Re: Jollymon]
TylerMeyerRE Offline
Member

Registered: 10/08/10
Posts: 39
Loc: Lake Geneva, Wisconsin
5 a day, 5 a day, 5 a day. That's my key to success.

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