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Ambassador
6,356,194
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Two choices...

  1. Take a good look at your current team and decide if there is something you can to to make this team more successful, perhaps take on more than a showing agent role.
  2. Start over on your own, keep in mind that there will be some building time here too, probably much more than where you are at.
Jun 23, 2016 03:54 AM
Rainmaker
4,554,044
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

I think you know the answer.  It's time for a discussion with the lead agent. Be positive but firm.   Good luck to you both.

Jun 23, 2016 01:33 AM
Rainer
231,224
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

i think you know what you must do. i make one side not thou, depending on your market, you may run into this person or their team again. :) the way you "exit" will be important. i have agents i really dont like and the feeling is mutual i suspect, but i dont bring it up and throw it in their face. i suggest you go to the leader and show the facts. and say something has to change. the leads.the splits or something.

Jun 23, 2016 12:29 AM
Ambassador
2,679,349
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 Leave.  If there is a breach of contract, lawyer up and demand remuneration.

Jun 23, 2016 09:32 AM
Rainmaker
1,840,036
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

He sucks.

But .... possibly the lead generation system isn't what it's cracked up to be.

But .... what if the leads are there but no one 'good' can convert them.

But ... the leads that you do get need to be nurtured for 6 months before producing. Do you have a setup for that?

 

Jun 23, 2016 03:24 AM
Ambassador
1,446,669
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

Time to leave the nest and soar like an eagle instead of scratching like a chicken -  it is your time now!

Jun 23, 2016 12:10 AM
Rainmaker
4,974,928
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

What are you waiting for??? Have that discussion now! Time is money..you know what you need to do.

Jun 24, 2016 04:57 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

What Michael Jacobs said...

Jun 23, 2016 11:21 PM
Rainmaker
7,792,584
Roy Kelley
Retired - Gaithersburg, MD

Move on.

Jun 23, 2016 09:09 PM
Rainmaker
634,482
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

If your agreement commits you to spend time without getting enough business, let it go. If you're only committed to work whatever leads come to you decide it the 25% split is still worth it to you. 

Jun 23, 2016 07:18 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Well, work harder - and work on additional skills to convert to close...

Jun 23, 2016 04:00 PM
Ambassador
3,727,581
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

Don't assume you'll lose the relationship.  If the numbers are disappointing, he should understand.  You have gotten some training.  And if you're smart, you will learn to do your own prospecting so you'll get quality leads.

Jun 23, 2016 03:23 PM
Rainmaker
4,136,131
John Pusa
Glendale, CA

 This is very good question.

Jun 23, 2016 01:58 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

You can and should do this for yourself. You know the lead agent. Come with some thing diplomatic to say, and try to remain friends. 

Jun 23, 2016 11:39 AM
Rainmaker
1,498,438
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

If you were promised 27 and are 23 short of that number at the 1/2 way point in the year, I'd have a frank discussion with the agent.  See if there is anything you can do to help get/nurture the leads (and if you are doing more work, get a better split!).  If you cannot help, then leave and do your own lead gen.

 

The "bitter pill" of saying goodbye will be much easier for the agent to swallow if you hand him a nice glass of "team player and trying to help" first.

Jun 23, 2016 09:07 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

You can do it on your own or find another team. The handwriting is right before you all over the wall that it isn't working the way it is.

Jun 23, 2016 04:39 AM
Rainmaker
1,027,602
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

It sounds as if you are doing as well with your own transactions as you are with his, so if he is not holding up his end of the bargain - regardless of the reason - and you feel confident you are ready to go out on your own, then I say it's time to fly!

Jun 23, 2016 04:38 AM
Rainmaker
2,809,749
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Being the second agent on a team is fine to start, but it's not a career. You've had a learning experience that you'll probably look back at as a positive one, but it's time to move on and up.

Jun 23, 2016 03:58 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Sounds to me like you know what needs to be done.  I would just be honest and upfront with this person who should understand.

Jun 23, 2016 03:57 AM
Rainmaker
1,617,866
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I would recommend that you go out on your own. Just do it.

Jun 23, 2016 01:35 AM
Rainmaker
1,237,495
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Best thing is go work on your own in another brokerage. You can hang around at same brokerage if the leads are provided NOT by the managing broker.  But that is what you got now.

Top agents always make lots of promises and do not deliver it. Often they take the leads and keep transactions in their wallet.

 

Jun 23, 2016 12:40 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Four transactions from him and 4 on my own. That is seven closed deals.

OJT has been completed. You should amp up what you were doing for those 4 you got on your own. Put your business plan together and make the magic happen.

In a short time you will know if you made the right decision.

You need to ask yourself, "IS the issue 7 closing is insufficient or is the issue you feel insecure because the goals of the lead agent must be re-evaluated and new goals set?"

Best of success to you,
Annette

 

Jun 23, 2016 12:32 AM
Rainmaker
1,231,853
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

It's your decision.  Good luck.

Jun 23, 2016 12:22 AM
Ambassador
5,033,056
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

You've done what you committed to doing - he has not. I woul dmake the move for yourself!

Jun 23, 2016 12:01 AM
Rainmaker
2,169,925
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

It's time to move on

Jun 22, 2016 11:54 PM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

This is a business decision. To be successful in this business, you will have to move on. I'm sure he will understand.

Jun 22, 2016 11:46 PM
Rainer
19,291
Jackie Mazurowski
CENTURY 21 Myers Realty - Auburndale, FL
Polk County Gold Realtors

Wish him luck and move on.  Don't worry about others.

Jun 22, 2016 11:46 PM
Rainmaker
613,494
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

Feel sorry for him??

I feel sorry for you that you are thinking of his needs more than your own...he may be a nice guy but right now the two of you are not a good fit.

Real Estate is a business to make a living...hopefully a good living.  

Relationships come and go.  That is life. Move on.

Eve

Jun 22, 2016 11:42 PM