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Work but keep your eyes and ears open for good additions.
I am growing my brokerage.
Make sure you have good office help to take the burden off the agents first.
hire one agent at a time, while you are still working.....this initial period is always a test...that agent may not pass the test!!!!
I would first focus on bringing in agents that will be part of your team. They will expect you to be the rainmaker who will keep them busy with good prospects.
Consider the purchase of a franchise such as RE/MAX if you want to be a manager rather than a sales person. You must offer much to attract highly productive agents.
You should start hiring slowly and not wait till you are too busy.
You must multi-task and not sequentially tackle each level in order.
I actually am overwhelmed with work, and thought bringing on an agent or two would be best, but right now am too busy to even look or interview. Good luck!
Having been there done that type of thing the first thing I would do is research and find training aids. Then I would go after agents. Like Debbie Reynolds said grow slowly but steady and you'll be successful...
Hire agents while you have the time to provide guidance.
Guidance!!! You had no intention of doing that...right?
In order to compete with REMAX for experienced agents you actually need something to offer. Be aware, if you are able to entice agents to jump ship because of lower office fees and splits, this IS NOT the agent you want. Their vision is too small.
As a boutique brokerage you have the opportunity to bring new agents to the pinnacle of this profession as transaction architects. a giant step above sales agent.
As a boutique brokerage you have the opportunity to engage in business, establish business models, create horizontal and vertical markets big offices simply can not do.
Instead, what I see most often is a new broker offers predatory splits, provides no support, has no market vision, competes with agents and wonders why they can not get loyal agents.
DEFINE your business.
Show you are different. (one broker thought his car sales background would differentiate. It did, but not as he thought.)
Start with the genius test, it is fun, insightful, revealing and provides a great platform for understanding how folks will work together.
Good question. Add agents a little at a time. Too many at one time upsets the synergy of the company and is hard to control. Make sure each agent fits and that you have a handle on the direction you want to go. It's like steering a boat and too much cargo can sink the boat without beefing up the infastructure. Slow and steady.