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Posts from January 2025

Common Sense Real Estate

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Curious Agents | 7 Posts
January
28

Many times I am made aware of agents leaving brokerages and when I ask "why", I am given the same reason… "They don't provide the training I need". As such, I feel compelled to ask the following questions…

  • Is the training that different vs what you anticipated prior to joining? How so?
  • What type of training are you looking for?
  • How did you vet the new brokerage you're moving to to insure they DO provide this training?
  • How much training did you attend? How much training did you request?
  • What kind of accountability did you seek?

Lastly, and this is the big one…Do you really want training or are you mostly looking for an "easy button"? It's unfortunate, but most agents want to be handed a fish rather than learn to fish.

Success in sales is really hard work and Real Estate is sales. Unfortunately, many agents who get into this business don't ha...

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January
27

A while back I posed the question... "Are you building your business or your brokers?"

I'm always interested to understand how agents assign value to things their brokerage "provides".  Let's take a look…

  • Premium IDX Website and CRM $4,000/yr
  • E&O Insurance $600/yr
  • Yard and Open House signs $600
  • Biz Cards $60
  • E-Signature Tool (Ex: Docusign) $360/yr
  • Fluff $1,000
  • Training $0

These numbers are way high and would be more representative of what you could expect if you went out on your own, yet they still total just under $6,500 for a new to the brokerage agent. I guarantee a brokerage isn't paying t...

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January
15

Communication is the simplest and least costly thing an agent can provide to clients and/or agents on the other side of a transaction, yet it also makes the biggest difference.

No one is too busy to respond to a text, email or phone call in a timely manner. If you are driving, then set up an auto response. If you are going to church or dinner or showings or a concert, etc... set up an auto response and let people know when you will respond.

If you think you know why someone is

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January
2

Company culture... What is it?

Is it something that emanates from the top and is "forced" down and throughout an organization?

Is it whatever the prevailing attitude of the majority within an organization say it is?

Does it change based on opinions? What about when "new blood" is introduced into the group?

Do you bring people on knowing they don't fit the current culture, but will positively impact the bottom line, or do you protect the culture and be more selective in who you onboard?

Is culture exclusive or is it possible that many companies can share very similar cultures?

In real estate I hear a lot about "culture". In many cases it's stated almost as if no other brokerage is capable of having it. What's interesting is that most of those same brokerages have NO issue bringing on any agent who has an active license.

You can't have it both ways... Humans are much too diverse, have far too many motivators, treat people way too...

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