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#458448 - 07/15/17 11:43 AM Should I take this position as a Licensed assistant / buyer's agent?
SGmoderate Offline
Junior Member

Registered: 07/15/17
Posts: 1
Loc: Canada
Hi guys, I've been a real estate agent for the past year, unfortunately I haven't had a lot of success so I've been looking to be a Licensed Assistant / Buyer's agent for a realtor that's been in business for quite a long time. I just want some opinion on whether this position is worth it or not

Been working with this Realtor for the past couple of weeks just to try it out.

Please let me know your opinion on this position

Brokerage Fees I pay : $800 (she pays $300)

Monthly salary : $1000
Buyer leads she gives me : 50% commission
Buyer/Seller leads I bring in : 75% commission

My duties include : doing showings for all her listings 6/7 days a week. Be in her office 9:30-5:30 working. Hosting open houses every weekend. Answering calls after hours and doing showings at night if necessary.

The biggest problem I have with this job is I don't get any commission after her listings are sold, even though I do all the legwork doing all the showings for her listing. Her flat salary fees of $1000 covers that and my gas.

Also if I bring my own seller clients in, I don't get to put my name on the listing. She takes it as referral.

However, I do get maybe one buyer lead sale a month. But I've been there for 4 weeks and I haven't even been able to get in touch with one of her buyer leads yet. So.. that remains to be seen.

I still have 5 days to decide if I really want to join or just break it off.

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#458449 - 07/16/17 12:17 AM Re: Should I take this position as a Licensed assistant / buyer's agent? [Re: SGmoderate]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 7883
Loc: Vermont's North-East Kingdom
This opportunity seems to be fairly well structured, and looks like it matches what you were looking for.

Of course, it's structured to the advantage of the Broker you'd be working for as an Assistant; but it's not intended to be forever.

Consider it as a learning experience . . . . a PAID learning experience; it's not perfect; but no such position will be perfect.

If you don't stick with this one, what's the next best opportunity, or will it just be more of whatever you've been attempting to do for the past year ?

What's included in the "Brokerage Fees" . . . . and is that one Annual payment ?

Are there other Agents already working at that Brokerage in the same paid Assistant position; or Agents who were there; where'd they go ?

Can you meet with any of these other Assistants to discuss their experiences ?

Assistant positions are created for the purpose of furthering the careers of the Broker employing the Assistant, which shouldn't be a surprise; but Without anything better on the horizon, I'd probably go for it . . . . and make it work for me !
_________________________
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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#458460 - 07/17/17 01:02 PM Re: Should I take this position as a Licensed assistant / buyer's agent? [Re: SGmoderate]
David Hunter Offline
Major Contributor

Registered: 09/27/05
Posts: 1641
Loc: Cleveland, Ohio
Some money is better than no money. Go for it and see where you end up. Who knows, maybe if you're really good you can renegotiate your payment terms, etc.

No matter what happens, you'll at least get more experience.
_________________________
David Hunter | Retired RE Agent |Direct-Response Marketer
www.DukeOfMarketing.com/7-Real-Estate-Marketing-Strategies/
www.TheSaviorsMinistry.org


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