What to Look for in a Real Estate Brokerage

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Real Estate

Whether you’re a newly licensed agent looking to associate with your first brokerage or you’re a seasoned agent looking to make a change, choosing the right brokerage can be intimidating, but it doesn’t have to be. After more than 25 years in real estate, I’ve learned the most important aspects of choosing the right brokerage. Here are three key elements you need to consider before selecting a broker to associate with.  

 1. Commission Split - As an independent sales associate, you’ll have the opportunity to determine how much money you want to make. The more transactions you close, the more money you’ll take home each year. At Coldwell Banker Residential Brokerage, sales associates will have the opportunity to decide between two commission plans that are packaged to provide them with choices. This allows you the best opportunity to achieve long-term financial success both in your personal life and your business.  

2. Access to Training - This is especially important for those just getting their real estate career started. At Coldwell Banker we believe in helping agents continually expand their knowledge and skills. By working with a non-competing branch manager, you’ll have access to one-on-one coaching, as well, group training. With the launch of AMP!, Coldwell Banker agents are learning to develop and innovate ways to grow their business.  

3. Office Culture - Prior to meeting with brokers, you’ll need to think about what you want and need to help you become successful. Do you prefer something small with lots of one-on-one support, or something large where you may not know everyone’s name.The great thing about Coldwell Banker Residential Brokerage is you get the best of both worlds. With 11 office locations throughout DFW, you’ll have access to the smaller office settings with a personal approach, but access to business tools backed by the global power of a larger brand.  

When you’re ready to start setting interviews with DFW real estate brokers, be sure to keep these tips in mind. Finding the right broker to build your business with involves some research. Don’t be afraid to sit down with multiple brokers and offices prior to making your decision. You need to make your selection based on who fits best with your business goals.