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Rainmaker
1,027,535
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

In addition to what Kenneth J. Jones said, I would stress choosing a brokerage which will offer training NOT just on lead generation and other ways to annoy people, but will also offer training on contracts, on becoming a market expert, on pricing, etc. etc.   If they offer a mentoring program, that is even better.  

Feb 25, 2017 09:43 AM
Rainmaker
4,497,763
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I couldn't have said it better than Kenneth J. Jones Then again, I don't consider myself anything but a top-of-the-line professional and you wouldn't catch me dead working as a discount broker. At the end of the day, people get what they pay for... and with me, it's 5-star, world class service and expertise.

Feb 25, 2017 11:30 AM
Rainmaker
4,392,634
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

How do you perceive the value you intend to give to service your clients? You are the business owner of your own business and it depends on how you want to run it..quantity of fast deals at lower commission or quality transactions at higher commission.

Feb 25, 2017 09:20 AM
Rainmaker
1,466,027
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

David Oberhaus Find a broker with a good mentoring and training program.

Feb 25, 2017 08:36 AM
Rainmaker
1,708,245
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Go with the smartest broker with the best education.

Feb 25, 2017 08:20 AM
Rainmaker
612,606
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

Joe Pryor said:

Go with the smartest broker with the best education.

That is the best advice anyone gave you.  Our industry is full of dumb and dumber agents due to the fact that they and their brokers have not taken a class since they got a license. 

The only way you will grow is to have the best brain training you...a smart broker who is educated and willing to teach is the best place you can be...commission split means nothing.

Statistics show that educated agents earn more...

Eve

Feb 25, 2017 09:59 AM
Rainmaker
3,986,000
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

REad Ken's answer...it is very good

Feb 25, 2017 09:51 AM
Rainmaker
138,676
Kelly Turbeville
Keller Williams - Lake Forest, CA
Turning Real Estate Dreams into Reality

As other's have noted it really is up to you and what you feel is important.   Training, Mentoring, Engergy and a Brokerage that truly teaches you how to build a business and explains to you upfront how much work it is,  would be my suggestion.  I would attend a few sales meetings at various brokerages to give you a feel.

Feb 25, 2017 09:07 AM
Rainmaker
4,356,788
Richard Weeks
Dallas, TX
REALTOR®, Broker

A  small independent brokerage does not mean they are a discount brokerage.

Feb 25, 2017 08:35 AM
Rainmaker
4,799,732
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Go where you will have training and support.

Feb 25, 2017 08:19 AM
Rainmaker
5,580,884
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I've never been a fan of discount brokerages.... but that's a decision you need to make AFTER you interview at each of them....

Feb 25, 2017 08:19 AM
Ambassador
3,159,215
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Explore your options and decide which is better for YOU. 

Feb 25, 2017 08:16 AM
Ambassador
1,414,824
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

It depends on what you're bringing to the party.  Many people assume new Realtors have no experience but I've found this not to be valid.  You're the only one who is going to know what you need and from whom.  Ask yourself do you want quantity or quality?  That usually will help you find the correct next step.  Good luck with whatever you choose.

Feb 25, 2017 06:25 PM
Rainmaker
1,672,715
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

As, Professor Kenneth J. Jones  wrote!

Feb 25, 2017 10:43 AM
Ambassador
4,745,119
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I would look for a brokerage where they have a good reputation for training and mentoring for new agents, and aplace that is not a revolving door. As Ken points out it would be harder to go from a discounter brokerage to a brand or even an independent. I don't see any advantages to a new agent from a training and reputation perspective to joining a discounter.

Feb 25, 2017 10:41 AM
Rainmaker
2,159,189
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

It's a personal preference 

Feb 25, 2017 09:24 AM
Rainmaker
2,692,074
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Investigate live and in person all sources until your heart leaps. Thats the place when it does

Feb 25, 2017 09:15 AM
Rainmaker
2,054,999
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

NEITHER !!! You need to join a TEAM where you will be 1 on 1 Mentored and supplied Buyer Leads !!! 

Feb 25, 2017 08:50 AM
Rainmaker
1,045,215
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

Depends on what kind of agent you want to be and what you think your business model should be

Feb 11, 2018 05:15 PM
Rainmaker
4,433,809
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Choose a broker who can mentor you.

Feb 26, 2017 02:26 PM
Rainmaker
7,042,094
Roy Kelley
Retired - Gaithersburg, MD

Select the broker that will best meet your personal needs. Personally, I would select a full service broker that has an excellent program for new agents.

Feb 26, 2017 08:42 AM
Rainmaker
598,824
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

A big brand like KW will provide a lot of tools to get you started, but you should still have a mentor. I think a small, independent office could provide a more "hands on" mentorship and work as well, possibly better. But it's hard work to find the right one!

Feb 26, 2017 07:37 AM
Rainmaker
444,070
Dianne Goode
Raleigh Cary Realty - Raleigh, NC
Realtor/Broker

This is an easy profession to get into, but a difficult one to make a career.  For the first year or two, you need a company that will give you good training.  Consider Keller Williams.  

Feb 26, 2017 05:59 AM
Rainmaker
3,070,984
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Kenneth J. Jones nailed this one!

Feb 26, 2017 05:34 AM
Rainmaker
849,892
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

It's a personal decision.

Feb 26, 2017 04:59 AM
Rainer
213,213
Dennis Swartz
Full Circle Property Management - Columbus, OH
MBA, GRI...experience counts!

Depends on you...big brokers generally have lower splits but more training.

Feb 26, 2017 04:02 AM
Ambassador
4,316,215
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

David Oberhaus - Find out the brokerage that provides training, education, support, a mentor possibly and then split.

Feb 25, 2017 09:47 PM
Rainer
97,766
Carol Wilson
Your $imple Home - Toronto, ON

1. Be willing to take a bit lower fee if you are with an agent who is smart and willing to train.  Consider the first two years as your apprenticeship, and a lower fee is your way of saying thanks while you learn the ropes.  When you are pulling your weight and getting your own clients, you can negotiate a different split.

2. GO WITH AN AGENT WHOM YOU RESPECT, and WHO TREATS YOU WITH RESPECT.  People who treat you like dirt are -- guess what?  Going to leave you feeling like dirt, the longer you spend with them.  People who feel like dirt cannot serve others well and pull in good money.

 

You need to have and maintain your own self respect.  THIS is what inspires others to respect you.  So only work with those who help you respect yourself.  This is a major part of what others mean when they talk about "relationship" with another broker.  Do not underestimate the power of respect...and it starts with your self respect.  Nurture it well.

Feb 25, 2017 07:17 PM
Rainmaker
1,157,535
FN LN
Toronto, ON

It depends on your goals and objectives.

Feb 25, 2017 07:07 PM
Ambassador
3,987,010
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I think it is more important to match your personality and goals with the company and the people in that company. You will be branded by the reputation of the company so make sure that is how you want to be perceived.

Feb 25, 2017 06:38 PM
Rainmaker
2,081,945
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

It's best to join one where you fit in. I your my age David and most of the agents are the age of your grand children that may not be a good match. If you are a Christian like I am you may not want to join the two in town who consume 80% of the alcohol in town... etc...etc. What is important to you?

Feb 25, 2017 04:17 PM
Ambassador
5,759,720
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Discount is generally a lose/lose proposition.

Go for quality in all that you do.

Feb 25, 2017 03:19 PM
Rainmaker
1,430,981
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

What Kenneth J. Jones said.  Also since you are new, you'll need training.  Lots of it.  Not all companies are good for that.  Had a brand new Keller Williams agent on my last transaction.  I taught her more about the process than her "mentor" or broker did.

Feb 25, 2017 01:47 PM
Rainmaker
916,318
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

A little while ago.

Before you plunked down your money to go to real estate school.

You created a business plan. After all that is how all new business owners start their adventure.

In your business plan you provided the description of your business, your perfect customer and what they could afford.

The way most real estate agents start is they pay the lease and announce my store is open? What kind of store?

A shoe store!

What kind of shoes will your sell?

Hard core athletic stuff and the latest Jordans.

What will these shoes cost you? Where will you get them? Who will buy them?

And did you notice, this community is 90% assisted living?

Your real estate business is NOT different.

Here may be an exercise to complete regarding YOUR questions.

Set up two landing pages. That is easy on FB or Word press.

Go to the mall and have two tee-shirts made with the url to those landing pages.

"Sell your house in 30 days or I'll buy it."

"Sell your house for only $2,500 in fees."

See which landing page gets the most response.

By the way, as you do this, count the number of eyeballs that read the message. Now you have no less that 3 things you can work with after you have completed your business plan.

In closing, the broker will not the the detriment factor in your failure or success. Neither will 'train'n.' It will be your preparation.

 

Feb 25, 2017 01:04 PM
Ambassador
2,609,108
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Discount Brokerage is great when YOU are the Broker, and you don't have to share that low fee with anybody else.   Otherwise, no. 

Big Brand?  Many of the big brands only want seasoned experienced agents with lots of sales under their belt.  Some big brands will take you, but won't offer you training, mentors, or leads.

Interview several brokers.  Find out what works best for YOU.

Best to you, David!

Feb 25, 2017 12:58 PM
Rainmaker
5,767,876
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

David,

Kenneth J. Jones has great advice for you.  A

Feb 25, 2017 11:59 AM
Rainmaker
609,650
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

As someone who has always worked in full service brokerages, I have a biased opinion, but I, personally, would never take the discount route.

Feb 25, 2017 11:27 AM
Rainmaker
1,525,405
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

There are many factors to consider. The relationship between the agents and the managing broker is very important.

Feb 25, 2017 08:53 AM
Rainmaker
808,903
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Yes, this question is what is going to be best for you.  What will need too in a brokerage?  What will the brokerage provide for you?  How will you be gaining business and how will the brokerage support you in that?  Many factors are involved in choosing a brokerae, and brokerages provide a wide variety of services and options.  Everyone has different wants and needs. -Kasey

Feb 25, 2017 08:36 AM
Rainmaker
1,184,200
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

 Discount brokerage is the last place I will go to learn that many agents do not abide law. Some brokers take licensees under restriction or themselves had crossed the line in the past.

Feb 25, 2017 08:23 AM