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Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

What is the prospect coming to the table with?

If they are fresh from crafting subs at FootLong, they will need to pay someone to hold their hand and keep them out of trouble.

If the prospect is  fresh from selling instruments of investment, medical equipment or systems, enterprise software, or high cap securities, they won't need much, if any hand holding but familiarization with existing systems. 

If the prospect comes to the table having invested so little effort, they did not act as a business person by gathering sufficient information to have a business plan, they are unlikely to be a profitable investment for anyone.

What is best really depends if the mission is for a dolphin to cross the Pacific on a raft (easy, who needs a raft) or a cow to parachute from 45,000 feet and perform the aerobatics (!!?*$!). 

With an over 90 failure rate of newbies seeing their 2nd year, it should be clear the current system is criminally BROKEN. Forcing every candidate into the same mold is an exercise if proven irresponsibility.

May 11, 2015 05:30 AM
Raoul Loustaunau
EXP REALTY - Phoenix, AZ

get together with a mentor and get to be friend with top producers to learn from them, and yes my broker recomendes starting with a mentor also, great question Michelle have a great day

May 11, 2015 04:10 AM
June Piper-Brandon
Coldwell Banker Realty - Columbia, MD
Creating Generational Wealth Through Homeownership

Starting out with a Mentor is a really good way to not get frustrated and to stick with it and also to learn the right way to practice business.  I always recommend new agents start with a company that offers great training and mentorship so you are more likely to achieve success.  I am with an office that only hires agents with at least 5 years experience and would never recommend brand new agents start with us unless they have a background that is similar. 

May 11, 2015 03:32 AM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

At KW they charge 50% for the first 3.  You get own leads, and find your own customer the mentor helps you to fill in a few spaces. The lowest split is 25%.  

May 11, 2015 02:31 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I think a mentor is a good idea.

Dec 01, 2018 06:37 AM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

We require it on our team

Nov 20, 2017 03:30 AM
Peter Mohylsky 850-517-7098
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Mentor or coaching is definitely Important for a person starting out but there is alot that a new agent can do as well.

Mar 07, 2017 02:33 AM
Evelyn M Epperson
Coldwell Banker Residential Brokerage - Johns Creek, GA
A Tradition Of [Excellence, Trust & Service]

I had a mentor and that really helped.  I would follow an agent for a week and then have them help you with your first 3 or 4 contracts.  25% sounds fair at a percentage.

May 12, 2015 03:52 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I had to learn by doing. I think having a mentor is a great idea. 

May 11, 2015 01:37 PM
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

Starting off as an assistant or with a good mentor makes things so much easier.  Someone to catch the mistakes that are sure to be made on the first few transactions can be a lifesaver.

May 11, 2015 03:06 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Mentor for sure Michelle. It takes much to long to figure everything out on your own.

Make it a great week!

May 11, 2015 02:55 AM
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

It depends. it's not always easy to find a mentor that's available when you need one. Check into coaching as well. I don't think any broker requires mentoring. Check into what trainging is available. You can learn from many different sources. The mentoring % is flexible, but I've heard 35-50% for for fist 3 deals. Some mentors will stick with new agent and even attend settlement. make sure you know what to expect from a mentor before making any agreements.

May 11, 2015 02:46 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

It is a good idea to have a mentor when you first start .

May 11, 2015 02:30 AM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Michelle Grunberg Working with a mentor is the only way to start in this business. Why reinvent the wheel when you can capitalize on another agent's experience.

May 11, 2015 01:35 AM
Beatrice Briseno
RE/MAX Unlimited - San Antonio, TX
Beatrice M. Briseno, GRI, CDPE, San Antonio, TX

New agents in my office get a mentor to help them along their new career. They will go to listing appointments and showings with the experienced agent and vice versa.

May 11, 2015 01:32 AM