Reasons Why We Move
Agents often think about switching companies when there is pain hitting them in the face. The pain could be that their broker is taking too big a cut on their commissions and can't be moved to take less. Or it could be that their broker picked up or dropped a franchise. Or the agent wants to hire an assistant and the broker is going to make it difficult for them to do it. Or, it could just be that the market is stale and the agent is looking for something to make a change.
Learn From My Experience
I've moved for many of these reasons and more. I moved twice to partner up with someone too. All in all, over the last almost 20 years (can it really be that long - oh, I'm getting old), I've worked for almost all of the major franchises. I've moved companies five times and been party to the moves my friends have made. I learned a lot about what to look for, what to ask, and where you can get bitten in the butt if you're not really careful.
Interview With Justin Zimmerman
I was speaking with my bud, Justin Zimmerman (Good Morning Real Estate), the other day and we were discussing all of the things that I learned over the years. He suggested that we do an audio interview/teleconference about it. I thought it was a great idea! So we're doing it tomorrow (7/1/09) at noon (ET). It's called "How to Avoid Losing $20,000 when Switching Brokerages". I had so much to talk about, that I told Jason that we would have to have a MINIMUM of 60 minutes to cover the topic. I'm warning you now - we may go over.
Two Ways To Attend
You can either purchase the event alone for $50 (and it's SUPER cheap at that price for the information you'll receive). Or, you can subscribe to Jason's Breaking Grounds training program for only $29 per month (one month minimum - you can cancel at any time) or $197 for the whole year and get a whole host of new training programs every month.
Can't Make Noon Tomorrow?
Don't worry if you can't make it to the call at noon, we'll be recording it, so you'll be able to review it at your leisure. And those who are on the call can get a copy too (you'll want it unless you take really good notes because I'll be covering a lot of ground here).
If you want something more personalized - I also offer one-on-one coaching sessions to help those in the process of deciding to move to make a good decision.
Kelle, sounds great, I have another appt. at that time BUT would love a playback. Interesting topic.
Your blog is now featured at http://activerain.com/groups/virtualoffice
I so enjoyed all the media attention to this subject this weekend. Livving on the Space Coast and watching each step has been a real exciting thing. It is too bad that the passing of Walter Cronkite, which saddens me too, probablly got even more people to pay attention! There is nothing in the world like standing on the ground here during a major launch! WOW!
nice post. thanks for sharing!
You did a nice job with the subject matter. I am not, however, a big believer that my Broker affects my business. My clients are only interested in what I can do for them, not what my Broker can do for them or myself. In fact, I think if you asked my clients who my Broker was, more than 70% wouldn't know or would think that I am the Broker.
Good post!! Seasoned agents can almost write their own ticket in many areas; however, newbie agents who need a lot of hand holding need to be partnered with more seasoned agents if they do not come with a GOOD list of contacts/prospects!!
Sounds great, the reason agents move is the same as always MONEY. Money meaning Value vs Commission Split, they'll take a lower split if they think they're getting value.
As friend of mind says; "Money is the answer - What's the question?"
This is a great article! The company I am with, Area Pro Realty, has developed a national network of virtual agents and this article is definitely on the mark.
Each agent needs to find the right environment for them to build a profitable business. Some have to work in an office. They have to move for the right reasons otherwise they will keep on movin.
Another big question you could address is why we go to work for the broker or brand we do -- what are the determining factors on joining a firm to begin with.