Arianna Kokol, Soon to be agent in Salt Lake City (Agent Professor)

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Ambassador
3,724,327
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Over the years I figured out the brokerage has to work for the agents, not the other way around.

Nov 12, 2018 09:20 PM
Ambassador
2,613,413
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 Answers HERE

Nov 12, 2018 07:51 PM
Rainmaker
3,983,001
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

The list is too long... I went in with blinders on... never the less  I survived and prospered thanks to my  perseverance. The short answer is "how to generate Leads" and how to" learn the contract as fast as possible"Endre

Nov 12, 2018 11:21 PM
Rainer
320,329
Melissa Jackson REALTOR
Trinity Premier Properties - Azle, TX
Helping You Make The Right Move

I wish I had spent more time talking with brokers.  Too bad I was not a member of AR. Would have learned a lot.  You have a few good answers listed here.  Honestly, figure out what you want, need and expect. before choosing a brokerage.

Nov 12, 2018 09:21 PM
Ambassador
4,627,224
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

The #1 question I would ask is the broker supports teams. They all do not.

Nov 12, 2018 08:47 PM
Rainer
317,278
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

I'm married to my broker so... nothing

Nov 12, 2018 07:30 PM
Rainmaker
577,350
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

Interview several brokers.  I would not work for a selling brtoker.  Look for a broker who has an open door policy. who is there for his agents when they need him/her, a Broker who will back up his agents, who is forward thining and in tune with the latest technoclogy to assist agents.  Talk with agents within the Brokerage.

Nov 13, 2018 05:19 AM
Rainmaker
4,414,539
Richard Weeks
Dallas, TX
REALTOR®, Broker

The answer to these questions:

1. Do you provide formal training to agents?
2. Is there a program where new agents are mentored by top producers?
3. Are any of my training or class expenses eligible for reimbursement?
4. What is the starting commission split? Does it change with production?
5. Is there a bonus program?
6. What costs am I required to cover?
7. Am I required to have additional auto insurance?
8. Where do you advertise and who pays for it?
9. Are my desired farm areas already taken by other agents in the company?
10. Will I receive a copy of company policies to review?
11. What is the dress code for the office?
12. How many agents are in the company?
13. What is the average gross volume of your agents?
14. What commission does the company typically charge? Am I allowed to offer a lower rate?
15. What is your policy on referrals within the company and to outside agents?
16. Is there any clerical or support assistance available through the company?
17. Do you have regular meetings?
18. Is the environment team-based or individual?
19. Do you handle commercial listings or property management?
20. How many listings does the office typically have?
21. What is the company’s market share?
22. What are your office goals?
23. What are your expectations of me?
Nov 13, 2018 04:06 AM
Rainmaker
4,305,869
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Many things but first study hard, take lots of practice tests and do well on your state licensing exam. Priorities and prioritize. Focus on passing.

Nov 13, 2018 12:39 AM
Ambassador
5,827,197
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I did my research and the only choice was KW, and I am very glad I chose them to partner with.

Nov 12, 2018 07:49 PM
Rainmaker
1,598,230
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Good luck with school. 

I am sure, that subject was covered so many times in the class. 

And until you do try, you won't get the right one. 

TRAINING. Only that to be #1  in your list. 

Nov 13, 2018 06:01 PM
Rainmaker
2,205,983
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker
Nov 13, 2018 06:32 AM
Rainmaker
1,071,029
Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Needs & expectations change over time so in beginning find a brokerage that is strong on training & mentoring, imho

Nov 13, 2018 06:28 AM
Rainmaker
4,573,367
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I never looked for a brokerage.. they came calling to me. You know when it's right. Before you begin a team business I suggest you become really well versed in being agents yourselves.

Nov 13, 2018 03:16 AM
Rainmaker
1,045,215
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

Many things but one at top of mind that I am not sure many realize even years after being in the real estate business is that the Business model for a BROKERAGE and an AGENT are VASTLY different. Arianna Kokol 

Nov 13, 2018 11:16 AM
Rainmaker
5,581,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

ALL newly licensed agent MUST have training and mentoring ..... a few training classes will not be enough.... you need 24/7 ability to communicate with a mentor.... no guess work or dress rehearsals in the real estate business....

Nov 13, 2018 06:18 AM
Rainmaker
3,623,382
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Training and splits.  My first office offered no training, the office I'm with now has training out the backside.

Nov 13, 2018 05:57 AM
Rainmaker
4,799,732
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I knew what I needed to know by asking this question from the right sources.

Nov 13, 2018 05:44 AM
Rainmaker
1,775,877
Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

I wish that they had told me the truth on how tough it was going to be. They did in a way but not according to my estimations well enough.

Nov 13, 2018 05:00 AM
Rainmaker
4,634,078
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Chemistry with the managing broker first. Mentoring and training second. The rest will take care of itself over time!

Nov 13, 2018 04:52 AM
Rainmaker
920,078
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

All the guidelines for what to 'look for in a broker' are FALSE.

You really only need to know two things. The list of 21 attributes is a transgression on common sense.

Nov 13, 2018 04:31 AM
Rainmaker
2,069,797
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

As a broker today I would say

DO NOT WORK FROM HOME at the beginning!

Nov 13, 2018 07:41 PM
Rainmaker
2,700,775
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Know what you are talking about. Then learn how to wield it...richspeare

Nov 13, 2018 05:07 PM
Rainmaker
1,439,491
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I followed in my parents footsteps with the brokerage they were at and then to my own company.  I'm good.

Nov 13, 2018 04:27 PM
Rainmaker
4,433,809
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good luck.

Nov 13, 2018 03:24 PM
Rainmaker
5,768,742
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

 Fred Griffin has given you a great link. A

Nov 13, 2018 02:02 PM
Rainmaker
7,130,625
Roy Kelley
Retired - Gaithersburg, MD

Select the office that will best meet your personal needs.

I like to be surrounded by highly successful professionals.

Nov 13, 2018 10:39 AM
Ambassador
3,175,300
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Oh My God,  I cannot answer that here ... not if I were being 100% completely honest.  Enter the Dark Side. 

Nov 13, 2018 08:03 AM
Rainmaker
508,859
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

Write down what are important to you and rank them.  Then ask as many brokerages as you want how they addressed certain things.  See whether their answers are in line with your priorty.  More importantly talk the the agents in that brokerage and ask what they like and dislike there, why they select this brokerage, whether they fall short on their promises etc.

Nov 13, 2018 07:58 AM
Rainmaker
2,115,047
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Arianna Kokol don't be razzeled dazzeled. For me I want to know where they are coming from morally. Do they approach real estate law and ethics with an attitude that this is just common sense or do they view them as obstacles and here is how you skirt around them?

BTW, I've known a few married Real Estate agents that chose to work for different brokers and it worked out well for them.

Nov 13, 2018 07:33 AM
Rainmaker
1,372,915
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

It's a business, not a job and you need to show up full time with a plan and the plan needs to change (adapt) about every 3-6 months.

Nov 13, 2018 07:27 AM
Rainmaker
1,708,245
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Do a lot of interviews.

Nov 13, 2018 07:25 AM
Rainer
304,484
Ben DeHaven
Haven Realty & Investments - Winter Haven, FL
Proudly serving Winter Haven & Lakeland, Florida

Interview with several brokers. Even if you LOVE the first one, interview others. The first one might just wow you because you dont know any better. 

Nov 13, 2018 07:16 AM
Rainmaker
1,054,428
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

What I knew when I first was licensed was that I still had a lot to learn. I interviewed with several brokerages. I chose the one that offered training and mentoring designed to make me successful.

Good luck to both of you.

Nov 13, 2018 07:15 AM
Rainmaker
5,400,683
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Be sure you choose one that offers training.  You won't learn what you need to know on the streets in school!  

Nov 17, 2018 08:02 AM
Ambassador
1,420,634
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

I wish I knew more about the personalities and work habits of the Brokerage and those they hired.  If you're not compatible and with different ethics it can become quite uncomfortable.

Nov 15, 2018 10:52 AM
Rainer
154,811
Anthony Kirlew
Group 46:10 Network @ eXp Realty - Gilbert, AZ
Helping You Make Fiscally Sound Real Estate Deals!

When starting out, I would recommend making sure that they will support you as new agents. Many peolpe look at commission splits, but if you are not closing deals, splits don't matter. There will come a time to negotiate splits, but I would recommend doing that after you have learned the business.

Also, as you market, promote you and your team, not the broker. This was if you change brokers it will be as seamless as possible.

Nov 14, 2018 11:38 AM
Rainmaker
4,409,178
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Look for a broker that will mentor you and not just take your money!

 

Nov 14, 2018 10:30 AM