Setting Standards For A Brokerage
What do you look for in a brokerage? What do you expect from them?
Brokerage Standards
Whether you’ve decided to move on from your current brokerage or are doing it for the first time, interviewing a brokerage can be a tricky process. Here is a list of standards REALTORS® Kristina Wilton, Rick Sergison, and Steven Sarasin, featured in the video above, look for in a brokerage:
- Attention
- “When I’m calling you, you’re not rushing to get me off the phone.” – Steven Sarasin
- Support
- Invests in you and your career
- Proper training
- Positive energy
- Respect what you have to say
When Kristina met with her broker, she mentioned she felt unsafe working in the current location. She also didn’t like bringing her clients to the office as she felt it didn’t represent her business. Her broker listened and moved to a different office that resolved both issues.
This made Kristina feel respected, valued, and confirmed that she and the brokerage she works with have similar standards.
Get A Prenup
As far as Rick’s concerned, the brokerage works for you. You as a realtor are the broker’s client. If the managing broker doesn’t do their job, the agents leave. He says that one of the most important questions to ask is, “How will you treat me when I leave?”
Brokers can offer you the world when you join them, but what will they do if/when you decide to move on? When your clients call, will they forward your new number or will they tell them that you’ve left the business? Legally, they can take your business after you’re gone. So you need to figure out if their ethical standards align with yours. Think of what you would put in a prenup before shaking hands and working towards growing your business with that brokerage.
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