

3,074,716
As long as they have sufficient Managing Brokers there should be no problem.
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Katina Hargrove 352-55...
Eustis, FL
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Tony and Suzanne Marri...
Scottsdale, AZ
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Richard Weeks
Dallas, TX
5,774,106
Bill,
I would hope that these brokers have a very good E &O insurance in place. I have no idea how they do it. With every closing, we would check the paperwork to make sure everything is in place. Ultimately we as brokers were responsible. A
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Richard Weeks
Dallas, TX
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
3,988,144
It is impossible for one broker to properly supervise 500 agents. But then again I have seen a broker with 10 agents that wasn't watching either. Perhaps if systems were in place and assistant managers to keep a close check, then maybe an adequate job could be done.
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Richard Weeks
Dallas, TX
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
1,677,946
Personally having just five others under me was quiet stressful.
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Richard Weeks
Dallas, TX
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Nina Hollander, Broker
Charlotte, NC
4,794,683
It depends. We have a broker-of-record but also branch managers. The systems that are in place will certainly make a difference.
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Richard Weeks
Dallas, TX
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John McCormack, CRS
Albuquerque, NM
6,771,525
It depends on the broker and the systems they have in place.
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Katina Hargrove 352-55...
Eustis, FL
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Michael Jacobs
Pasadena, CA
1,581,761
I don't know. I think it matters that there are procedures in place to make sure all goes as it should.
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Richard Weeks
Dallas, TX
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Michael Jacobs
Pasadena, CA
1,513,143
As long as there are no violations any amount.
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Richard Weeks
Dallas, TX
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Michael Jacobs
Pasadena, CA
5,393,257
500 agents under one broker is insane, unless organized to make sure there are people beneath the broker who can supervise smaller groups.
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Richard Weeks
Dallas, TX
2,538,789
Good morning Bill. That would be a bit strange to me, if any associate never had an opportunity to meet the boss, but it happens a lot in corporate America.
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Nina Hollander, Broker
Charlotte, NC
1,658,008
A broker is responsible for every single agent he has under him/her, too many or too little.
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Richard Weeks
Dallas, TX
533,972
I have met brokers who have one agent and it is one too many for them. I have met others with thousands of agents and they could easily be responsible for thousands more because they have good systems, good managers and good training.
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Gary Coles (Coaching)
Las Vegas, NV
1,683,918
I think the agents need to have access to their Managing Broker. there's nothing worse than working for a big company, but feeling like your stuck in a rowboat out in the ocean all by yourself with no compass and nobody to talk to.
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Richard Weeks
Dallas, TX
150,466
My office has about 90+ agents, and our competitors are much larger, some well over 500+ agents. All the brands are doing it, but technically only one managing broker, but perhaps systems, and teams cover the balance.
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Richard Weeks
Dallas, TX
2,443,346
That is pretty sad, to work for someone and you don't even know where their office is...
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Richard Weeks
Dallas, TX
3,986,529
Yes, I was in an where the Broker asked who the agnet was and had no idea he worked under him
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Richard Weeks
Dallas, TX
8,241,861
Our company has over 400 agents in multiple offices. Management skills and and an adequate staff are needed.
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Richard Weeks
Dallas, TX
1,713,581
Absolutely. If a broker has too manya gents and many are newer to the business they have to make assisting brokers because many will need personal attention, not just office meetings.
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Richard Weeks
Dallas, TX
1,280,948
I believe the answer is yes. If you are unable to respond in a reasonable amount of time to your agent's call, email or text, then you have too many!
538,563
1,759,337
W am with Ron and Alexandra Seigel on this one. Things can spiral out of control very quickly!
5,563,012
4,322,295
BILL CHERRY I think it's up to the broker. I'd say, one can grow infinitely as long as you have systems in place - to take care of EVERYTHING.
5,181,486
921,504
Who knows?
I, for one, have no idea what 'proper supervision' looks like.
What I do know is the only guiding principle of the overwhelming number of brokers is "Pay the fee and you are OK with me."
The true answer to your question lies in the area response by real estate professionals when they see the agent on the other side is with the 'old bone yard' brokerage with over 3,000 agents and one broker. We know WE have to oversee both sides.
Creating a two tiered agent designation based on annual transactions and limiting the number of interns (those with low transaction count) a broker can shelter would be a step in the right direction.
1,209,321
Our office is the #1 Century 21 in the country. We have 150 + agents. Our broker has a system set up where if any of us need anything, we get it.
2,759,862
Good Friday morning Bill. There is a company here that has over 700 agents. As long as the systems are in place, it all boils down to managing and delegation.
7,378
Depends on each individual. Although, I believe there is a certain limit to how many people a single can work with at the same time. It is necessary to hire managers at some point. It becomes the responsibility of the broker to supervise and follow closely anyone who works under him/her.
3,764,591
1,157,847
I think I know who you are writing about in your second sentence. That agent does know where the office is but has never visited it. The broker can still see the quality of the work (e.g. agreements), responsiveness of the agent and talk to the appropriate administrative personnel and rest of the management team. Some brokerages have a management structure and I know of local brokerages that have 1,000 or 3,000 agents along with a number of managers.
1,525,616
I think it depends on the broker and how involved and organized he or she is.
2,234,865
When a broker has as many agents as you mentioned, there is no way they can successfully monitor their actions. In my state an employing/managing broker is taking on a lot of liability by having so many agents.
5,585,039
3,417,456
You dont have to look far even in NH to find companies with untrained agents, it is sad.
634,582
Yes if we qualify it as "too many agents that need oversight". Some long-time agents still need oversight, some never do.
1,269,719
I do not believe there is a limit at least in CA.
Some broker started hiring managers for each office.
I have seen 750 agents.....
2,873,833
The buck stops with the Broker. That agent, when testfying at a dispute that she never met her Broker? This is DOOM.
4,273,331
Day-cares require an adult for so many kids, I can see a limit to how many agents one managing broker can handle. We have several storefronts with 120 agent licenses hanging on the wall...