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Paying for and motivating your team one of the major levers brokers can use to increase their agents and team's production. However, for many brokers, it is difficult to find information that is not agent focused.In this post, we will outline the fundamentals of agent ...
Looking at the past week, what have you mostly been spending time on? Have you been engaged in inspiring activities that moved your business forward? If not, it’s likely that you’ve been spending too much time on administrative and organizational tasks. Luckily there are ...
As a real estate broker, your business success depends on whether or not you continuously have enough money available and be able to pay rent, bills and - of course - your agents, but also whether you will be in a position to take advantage of market opportunities ...
As a broker, it’s important for you to have in-depth understanding of how commissions work. So much depends on it - your business longevity, your agent happiness, sales success and more.Commission structures can be very complex, making it a less transparent part of ...
As a broker, it’s important for you to have in-depth understanding of how commissions work. So much depends on it - your business longevity, your agent happiness, sales success and more.Commission structures can be very complex, making it a less transparent part of ...
For a lot of brokerages, commission structures evolved and changed over time - they were set up many years ago and developed organically.Most commission structures aren’t necessarily bad. In fact, most of them worked very well for a while. But then the business grew ...
I've been a Real Estate agent for 12+ years and you might be surprised at how often I hear this question or better yet, when I hear someone’s vivid opinion of what they think a Real Estate agent does (or does not do). The value of a Real Estate agent is slowly diminishing in ...
Great agents are often hard to come by and you might spend more time recruiting than you really want. To minimize resources lost on recruiting, it’s best to take a strategic approach. First, you’ll need to be crystal clear about the type of agent you’re looking for. Then ...
Commissions are the lifeblood of any real estate company. And yet, it happens so often that brokers and managers don’t have a good idea of how much is coming in and who generates the commission. When deciding on your commission structure, you should ...
Once your agent has a buyer and a seller agree on a deal, it’s important to close it as soon as possible. Real estate transactions often lead to quite a bit of stress for buyers and sellers.Think about it, most people don’t sell or buy houses every week so this is probably ...
When you’ve just hired a new real estate agent, it’s important to make them feel right at home at your brokerage. Take the first few weeks and show the new hire why you’re a great company to work for -- in a competitive labor market, you need to work harder to make sure ...
Agents commonly use checklists when they’re listing new properties helping a client secure a deal. It makes sense -- it’s much less likely they’ll forget anything and clear up headspace for interacting with everyone involved in the sale. Brokers generally don’t ...