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I am a 21 year old undergraduate student looking to pursue a career in real estate in CA. I am currently looking at Coldwell Banker because it seems that they have the best training/mentoring.
The best place to start is where you know the most about the area and the most people.
Go talk to all the brokers that interest you to understand their compensation systems, training, and whether they have a method to get leads for you. Look not just at national brokers, but regional brokers that have a good history and market share. I work for one and I'm really happy with them, but they are big enough to provide the systems and training that newer agents need.
I find the specific broker is very important to the success of an office. If you like a particular company, talk to a couple brokers to see where you might fit in best.
Nina is correct. Enjoy the hunt, interview brokers from various brands. While not always true, typically the brand names will give you more success, and different brokers of each brand are of different qualities and attitudes.
What are questions that I should ask the brokers, and since I am only still starting off should I sign with a real estate company that is not a brand name?
What are questions that I should ask the brokers, and since I am only still starting off should I sign with a real estate company that is not a brand name?
That may be difficult because many what I will call boutique, or small independent brokerages will only want experienced producers. You need to go with a company where you can get training, and also find a mentor to work with. The mentor can be within the company, or outside. It won't be cheap but it will be fast training with instant access to questions when you're in the field and need a quick answer.
What are questions that I should ask the brokers, and since I am only still starting off should I sign with a real estate company that is not a brand name?
First question, "what has been your success in moving rookie agents to neophytes to seasoned professionals."
Second question, "how have you done that?"
Third question, "what separates your firm from all the others, even those of your brand?"
Be certain to ask each question, then sit back and listen. It's the minor points that may make all the difference. Assume they have your interest in mind, but as Ronald Reagan said, "Trust, but verify."
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