Having been in the industry for 20 years, I know first-hand that not all real estate companies are as great as they look on paper. The Bad & The Ugly: My Experiences With Past Brokerages Finding the right brokerage to work for can make or break your career. But it’s crucial to understand that, as an agent, you have unique needs that won’t be met by every brokerage out there.
Feeling confident and pushing full steam ahead into real estateĮvery real estate agent joins a company with great intentions-staying for the remainder of their careers, ramping up sales volume, and helping to build the brand locally.Tools and supports in place to make your life (and job) easier.Branding that links your name to your company (it markets itself).Negotiating higher commission splits after proven success.A long-term position (agents will spend an average of four years with a company).
The benefits of selecting the right company from the get-go include: While the freedom to switch brokerages as you please is convenient, don’t be the agent that chooses a brokerage impulsively to “give it a try.” Instead, do in-depth research into several real estate companies to ensure that you’re making a logical choice on the first go-round.
You can join a company the day after passing your state exam, and you can leave on a whim when the company across town is willing to give you a better commission. Your choice of real estate brokerage isn’t a year-long promise, let alone a lifelong commitment. How Important Is the Right Real Estate Company? To learn about my opinion on the best real estate company to work for, keep reading. After 20 years in the industry, I’ve seen my fair share of brokerages: The good, the bad, and the ugly. KW offers an excellent coaching division (and unrivaled new agent training), countless teams and brokerages ranked on the Real Trends Top 1000, the mastermind of Millionaire Real Estate Agent, and a 100% commission split.Īll brokerages and real estate companies have something worth offering to agents, and if they didn’t, they wouldn’t still be in business. The best real estate company to work for is Keller Williams. This clouded judgment is what leaves so many agents regretting their choice in brokerage not long after joining. Yet company selection often comes down to the single issue most important to the agent-commission, training, tech, company culture, or distance. Even with an active real estate license, you can’t accept listings or work with buyers until you join a brokerage.