4,572,183
Study hard. Do well in class. Take lots of practice tests. These questions are asked repeatedly.
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Valeria Mola
Sunny Isles Beach, FL
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Romylio "Romeo" Cordob...
New Smyrna Beach, FL
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Kathleen Daniels, Prob...
San Jose, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
-
Allie Angeloni
Oro Valley, AZ
-
Nina Hollander, Broker
Charlotte, NC
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Richard Weeks
Dallas, TX
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Peter Testa
Danbury, CT
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
2,390,620
Braxton Bennett You are NOT getting what you are paying for when your course asks you to hound professionals who use this site to discuss matters we meet every day... not constantly answer the same questions day in and day out by students that THEY should be teaching you.
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Valeria Mola
Sunny Isles Beach, FL
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Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Kathleen Daniels, Prob...
San Jose, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
-
Allie Angeloni
Oro Valley, AZ
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Nina Hollander, Broker
Charlotte, NC
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Fred Griffin Florida R...
Tallahassee, FL
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Peter Testa
Danbury, CT
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Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
758,035
This question comes up a lot & that's because we all want to start off on the right foot when we enter the business. As a new Agent I'd be looking for something different than an experienced agent would be. I'd look for a Broker who's knowledgeable & willing to share that to help develop you into the best agent you can be. Someone who is well respected in the industry because they may need to go to bat for you one day. Someone who is not competing with you for listings & is dedicated to developing the company & it's agents 1st. Qualities like that.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
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Wanda Kubat-Nerdin - W...
St. George, UT
-
Allie Angeloni
Oro Valley, AZ
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Bob "RealMan" Timm
Minot, ND
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Lyn Sims
Schaumburg, IL
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Debe Maxwell, CRS
Charlotte, NC
5,230,113
What is important to YOU in a broker? That's the real question - we are not all alike!
As we are independent contractors, other agents in my brokerage or outside of my brokerage have no impact on my work.
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Valeria Mola
Sunny Isles Beach, FL
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Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Kathleen Daniels, Prob...
San Jose, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Bob "RealMan" Timm
Minot, ND
-
Richard Weeks
Dallas, TX
-
Peter Testa
Danbury, CT
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Michael Jacobs
Pasadena, CA
3,125,842
The broker is front and center, the to-go-to person when situations occur and is responsible for everyone's behavior. You need to know as an agent that you have necessary industry support. A positive, motivating environment is necessary and depends on you. Other agents are irrelevant to YOUR WORK. Pay attention to what you are doing and less on them.
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Peter Testa
Danbury, CT
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
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Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Allie Angeloni
Oro Valley, AZ
-
Bob "RealMan" Timm
Minot, ND
2,178,603
We understand it is a course requirement to ask these "canned" questions. It's tiresome for us to answer the same questions over and over and over and over... but we don't blame you! We blame your professor who doesn't trust you enough to come up with your own questions.
For a new agent, a supportive broker is critical. One that will give you the training and ongoing mentorship you need to become successful. 87% of new agents are out of the business within 2 years. It's an expensive dream if you don't work it properly. You need a broker to help you defy the odds.
For an experienced agent, the needs are totally different.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Allie Angeloni
Oro Valley, AZ
-
Nina Hollander, Broker
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
4,882,355
You broker will provide training, mentoring and certain benefits. Other agents have no effect as we are all independent conractors.
Good luck on your courses and getting licensed.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Allie Angeloni
Oro Valley, AZ
-
Bob "RealMan" Timm
Minot, ND
-
Lyn Sims
Schaumburg, IL
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Debe Maxwell, CRS
Charlotte, NC
613,494
Most broker hire anyone half dead, but still breathing.
Most brokers don't care if the agent is incompetent or dishonest as long as they can bring in a deal now and then.
When I hired agents, I was picky to hire and quick to fire. I kept my fingers on the pulse of what my agents were doing and thinking. One of the things that my agents liked was the fact that I was selective, everyone got along and our office had a reputation for competence.
The only thing that I promised agents is that I would help them become the best they could be...
Don't look for an office that will give you the best split...find an office that does not hire "bodies" and will instead provide quality training that will make you a knowledgable agent.
Eve
PS: keep asking questions...smart people are always inquisitive.
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Valeria Mola
Sunny Isles Beach, FL
-
Kathleen Daniels, Prob...
San Jose, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Allie Angeloni
Oro Valley, AZ
-
Bob "RealMan" Timm
Minot, ND
-
Fred Griffin Florida R...
Tallahassee, FL
-
Debe Maxwell, CRS
Charlotte, NC
1,598,452
Very.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Peter Testa
Danbury, CT
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Valeria Mola
Sunny Isles Beach, FL
-
Michael Jacobs
Pasadena, CA
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Bob "RealMan" Timm
Minot, ND
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
290,969
You've gotten some GREAT replies below Braxton Bennett. As a newbie, so much is so important, because this is a new career for you. You need support from others, while you personally need to be motivated and disciplined to work at your business every day. Other agents do not affect me, though if you have someone who is interesting and interested and like-minded, you will motivate each other. I am part of a Team, and still have another agent that I can motivate, while she does the same for me. For example, we both are doing Open House Blitzs, and then comparing notes of what was successful and what was not. We set-up certain parameters and goals to meet. It's fun! We also are sending out so many notecards a week to stay in touch with clients and prospective clients, and thinking up new ways to be relevant. Again, it's fun! Best of Luck, and you are asking questions and thinking now - so important!!
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
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Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Peter Testa
Danbury, CT
-
Bob "RealMan" Timm
Minot, ND
-
Wanda Kubat-Nerdin - W...
St. George, UT
5,216,409
Chemistry, training and mentorship!
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
1,844,301
As I'm not a newbie, zero.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
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Peter Testa
Danbury, CT
-
Wanda Kubat-Nerdin - W...
St. George, UT
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Nina Hollander, Broker
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
7,836,139
The office environment is very important.
I like to be surrounded by highly successful people.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
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Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Allie Angeloni
Oro Valley, AZ
-
Bob "RealMan" Timm
Minot, ND
2,684,109
Lots of answers HERE
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
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Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
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Carol Williams
Wenatchee, WA
5,583,278
he signs the commission checks.... very important to me!!!!
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Valeria Mola
Sunny Isles Beach, FL
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Wanda Kubat-Nerdin - W...
St. George, UT
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Allie Angeloni
Oro Valley, AZ
-
Nina Hollander, Broker
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Michael Jacobs
Pasadena, CA
6,393,494
Very important, the leadership and culture at our office is amazing!
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Bob Crane
Stevens Point, WI
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
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Bob "RealMan" Timm
Minot, ND
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
3,345,091
I work independently and would not have it any other way.
Whatever it is YOU are looking for, I hope you find it and it is a good fit for you.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
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Bob "RealMan" Timm
Minot, ND
5,104,931
Not and none. In any event, what's important to me after 25 years in the business would be very different than what would be important to you as a new agent.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
1,712,676
Establish the value of what you give to a broker in compensation for what you get from them. The difficulty is thatr much of the benefits are not strictly monetary.
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Michael Jacobs
Pasadena, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
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Allie Angeloni
Oro Valley, AZ
-
Nina Hollander, Broker
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
1,502,998
Seeing as how I'm my Broker, I'd say I'm the most important person in my life.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
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Kathleen Daniels, Prob...
San Jose, CA
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Bob "RealMan" Timm
Minot, ND
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Lyn Sims
Schaumburg, IL
2,781,173
A Broker enables an agent to go live and practice according to Real Estate regulations. If the Broker does more than that...fine. As to other agents affecting an agent? Iron sharpens Iron so one person will sharpen another
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Valeria Mola
Sunny Isles Beach, FL
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Wanda Kubat-Nerdin - W...
St. George, UT
-
Allie Angeloni
Oro Valley, AZ
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Bob "RealMan" Timm
Minot, ND
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Michael Jacobs
Pasadena, CA
5,772,575
Brandon,
Ask your professor and ask yourself. That is why you pay him the big bucks.
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Valeria Mola
Sunny Isles Beach, FL
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Wanda Kubat-Nerdin - W...
St. George, UT
-
Nina Hollander, Broker
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Michael Jacobs
Pasadena, CA
1,090,762
When you're new to real estate, your broker isimportant for training and support. Other agents you work with may or may not impact your work depending on many things, such as the size of the office, office culture, how you relate to them, etc.
That being said, one thing that concerns me about he instructor having you ask these questions is that our answers are not really relevant to you and your situation.
Most of us have been in real estate for many years so our perspective is different and since we are all in different states, what is common in our state may not be typical in yours.
It would be much more helpful if your instructor would tell you to network with agents and brokers in your area to ask these questions and obtain their insights.
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Bob "RealMan" Timm
Minot, ND
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Peter Testa
Danbury, CT
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
5,868,554
Find a broker that offers good training. Don't spend a lot of time in the office, as the water cooler talk will NOT bring you business.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
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Bob "RealMan" Timm
Minot, ND
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
1,543,823
Some good answers here, I'd just be repeating. Good luck with your classes.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
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Bob "RealMan" Timm
Minot, ND
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
763,883
A broker shows their importance by being able to answer questions and not limiting my ability to do business.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
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Bob "RealMan" Timm
Minot, ND
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
3,164,294
I've been the owner/broker for 23/21 years. My former broker was a great mentor. I bought his company as a licensed salesperson and hired him to be the broker until I'd been licensed long enough to sit for my broker's test. He was not only a great mentor and very instrumental in my ultimate success, but he was a dear friend I thought of as family until he passed away a couple of years ago.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
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Bob "RealMan" Timm
Minot, ND
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
2,071,025
I love go to the real classes.
You, young people, do it online.
By the way, Braxton, how did you find about Active Rain? Please, please, tell us.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
1,239,901
If you are DIY. He is just a place to hang a license interested in a cut of what you make. If you want hand holding this is not a 8-5 job. YOu need to join a prestigious broker.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Bob "RealMan" Timm
Minot, ND
3,986,258
I am the broker
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
4,800,082
In my case, not all that important.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
1,390,113
He's great motivation and support.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
5,049,450
My broker is important when there are questions or concerns and if I need a second opinion. But that's just me...what's important to YOU? As far as other agents I do what I want and need to do no matter what. They really don't have an impact, but I do try to watch what others are doing in terms of marketing for other ideas.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
3,988,007
My broker is very important and I am there to help her. She is a most caring person and cares about everyone at the company.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
4,936,705
Go to a number for interview and see who has the most free classes and mentoring.
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
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Bob "RealMan" Timm
Minot, ND
921,504
How important is broker?
Responses must vary based on the number of years one has been in business. 1st year agents NEED their broker. 10th year agents find broker equivalent to a Epson inkjet printer, meaning no one even thinks about the broker until the broker screws up.
What effect do other agents have? Well that depends on the integrity of the broker. It is the BROKER who establishes the culture in the office. if the broker is a vulture, so will the agents have vulture characteristics. But they will all say, 'We got ethics."
As a newbie, being able to OBJECTIVELY measure the fruit of a broker is essential. Chasing the warm and fuzzy cuddles of the 'qualities to look for in a broker' lead to disappointment in the harsh sunlight of reality.
PS: By the way Braxton Bennett , this is a great question to ask. As you can read, some agents are fatigued.
The answer really is directly related to how the newbie starts. That beginning is a business plan. If YOU have no plan, it is advised to rethink your ownership of your very own real estate business. However, be aware, there are 'employee model' real estate brokerages like Redfin and Coldwell Banker. ASk them about paid benefits and weekly pay. I would say the newbie needs the assist of their broker to implement the AGENTS business plan effectively. Lacking a plan the agent is a ship looking for a rock.
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Michael Jacobs
Pasadena, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
-
Bob "RealMan" Timm
Minot, ND
4,434,127
20,445
In the beginning the broker is crucial , I would suggest making a list of brokers and interviewing them, see what they offer then make your selection.
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Michael Jacobs
Pasadena, CA
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Bob "RealMan" Timm
Minot, ND
1,374,373
You’ve received many good responses here. It might be a good idea to ask your Instructor what he suggests you look for in a Broker.
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Michael Jacobs
Pasadena, CA
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Bob "RealMan" Timm
Minot, ND