What is the BEST REAL ESTATE BROKERAGE for new agents?
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- Опубліковано 24 лип 2024
- What is the best real estate brokerage for new agents? With so many options, it can be challenging to find which real estate brokerage is right for you. Before choosing, it's helpful to interview with several companies to find what to works for you. Whether you are a new agent, or making a switch, this video may be helpful.
In this video, I give my honest review on 3 brokerages that I interviewed with when I got started in real estate . I give a detailed description of each brokerage, as well as the pros and cons of each one.
1.) Keller Williams - Largest real estate brokerage in the world. 70/30 commission split - team culture - mentorship - traditional - % contribution to profit share
2.) "boutique brokerage" luxury real estate market - niche brokerage - high end clientel
3.) Marzucco Real Estate - 100% commission - fastest growing brokerage in FL - freedom to do a variety of sales - free training weekly - young energy
Time Stamps:
Intro ...
Interview 1 - 00:52
Interview 2 - 04:20
Interview 3 - 05:06
The brokerage that I chose and why : 07:52
Outro/Thanks : 10:30
It's important to know your options before hanging your license. This is not a recruitment video. It's simply my take on the best real estate brokerage for new agents (in my experience)
When I started in real estate, I had two goals in mind. To make more money, and to build my brand. Whether you like to "color outside the lines" like me (or not) it's crucial to do your research when choosing a brokerage as a new agent. Take several interviews and know what your goals are before getting started!
If you have any questions or comments, please don't hesitate to reach out.
Instagram / nattypb
Facebook / realtynpb
Website realtynpb.com
Thanks for watching :) Please like, subscribe, and share if you find this info valuable!
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I’ve been with KW Premier in the Katy/Houston Area for 13 years. I was 45! (Never too late) Each office is independently owned and operated, so splits are different. We never had to pay that fee to our clients. These are great questions to ask a brokerage. Such a great idea to interview several Brokerages to see how you “feel” in each. I knew I would need the KW structure to help me learn the Real Estate business. The culture has been a blessing in so many ways throughout the years. I know lots of people that start with KW to get the knowledge and move on the 2nd or 3rd year. (A lot come back, too, though) TY! Love your delivery and info. Well done!
Thanks Shelley! That's great to know and your comment very informative for new agents. Since making this video, I've learned a lot about different brokerages... One of the most amazing things about UA-cam is the global community of agents who can connect in the comments! I appreciate your input and I would love to make another video on this topic with even more clarity, including the facts like you mentioned. 🙂
@@nattypb My pleasure! Definitely a huge part of this business is learning on a daily basis!! I love connecting with agents all over, too! Great for referrals. 🤩
I’m 40 now & starting school with a KW class. But I’m not sure or quite understand how the brokerage part works or what to ask.
@@nattypb Sure thing! That would be great! =)
@@sarahjoroberts6339 I'm just starting out at KW. I recently received this HUGE policy book that covers the KW business. Ask to read it. As you read it, you will begin to have questions in your mind answered as well as create new questions to ask. Don't be afraid to ask questions! This is YOUR business and you SHOULD KNOW how it operates and benefits you. ✌
You may have misunderstood a few things here.
The profit share at KW does not come from the agent's side of the split, it comes from the KW side of the split.
Also, once you reach your cap you do not pay kw a split for the rest of the year.
You are absolutely right. I know tons of agents and they switch brokerages all the time. Your brand is the only consistent messaging your contacts and prospects will have with you.
Awesome video. From someone who has switched brokerages 3 times now this is great content for new agents. Another big thing with picking a brokerage…. At the interview they promise the world… so sometimes you find out later they don’t provide what they said they would. I’m glad to be apart of marzucco real estate! 3rd times a charm 😎
Yes! Love that and I totally agree. Happy to be doing what we love and keeping our hard earned money :)
I thought you were going to talk about Coldwell or eXp Realty?! Since it was in the thumbnail…
Same
😂 👍
I thought the same thing abd are noticing more videos where creators grab people's attention based on the thumbnail, then not stick to it. Maybe it's to get people to watch til the end whose expecting the content which got their attention. When that's done I generally won't subscribe. This was my first visit here, so maybe it wasn't done on purpose.
I’m coming down there 1/10-1/13 and am a realtor in Chicago area. Because of this video, I will interview with your brokerage. Thank you
I liked your video… and how you presented what things to look for and ask about when interviewing prospective brokers. Thanks!
Candid, honest, and excellent video. Thank you!
Thank you! I'm so happy it was helpful :) Thanks for the feedback, it means a lot.
You have the kindest eyes. Very genuine and pure
Thank you!!! :)
Thank you i enjoyed your video. I am 6 months into real estate. Still brand new. Eager to leave my real estate agency. Nothing like what you’ve said about your agency. Thank you for reading.
I am currently getting my license and live in Florida I am 100% going to look into that brokerage.
Thank you Natalie for sharing your thoughts and experience with us. I enjoyed the video and it was extremely helpful in understanding the process of choosing a broker. Thank you for sharing and I hope to see more of your videos.😊
Natalie, we loved youre video!
Regards from Merida, Yucatan, Mexico!
Thank you for your honest review.
Thank you very much for all of your information. I am in the process now taking my state exam. I am also interviewing with two brokerage firms. 😊
Happy for you, im brand new and kinda nervous. I have a mentor with a larger company that's 100% also, I'll be giving him 30% on first few transactions wish me luck
Thank you! A Very real and honest video of your experience- has helped me
So happy I can help! Thanks for the comment ☺
Good video! Love the sound effects.
Just passed my real estate exam in California last week and have been researching how to pick a brokerage and your video made me realize that whatever brokerage I end up with, I’ll know because it will just feel right. But options is a must! Thank you.
Regina, thanks for the comment! I'm so excited for you to start your journey. I was living in Cali for 6 years and miss it so much. But yes, it will feel right. I think this business (and many others) rely and prosper on instinct! Get to know your options and take several interviews. Let the brokerage work for you! not only the other way around. Best of luck! xoxo
@@nattypb thank you so much for your words of encouragement! I think you can never go wrong if you go with your instincts and letting God lead. Thanks again and cheers to 2022.
@@rcmrealtor I totally agree with your perspective. Have you decided on who you are going to hang your license with in California yet?
@@nattypb i think I might sign on with a local brokerage, Dynasty Real Estate, their fees are per transaction, E&O fee and Transaction Coordinator fee is optional (but likely will use as it seems like it’s money well spent) they do not have monthly fees but I have access to their office and printer/copier. Also I have a contact person that can answer questions via email/phone. I’ve done a lot of research and am pretty self sufficient when it comes to educating myself so I’d rather keep more of my money and allocate it to what I think I need to invest in. Quick question does the Realtor association offer their own training, she mentioned utilizing that training since I already have to pay the dues. Thanks so much for the reply and feedback.
Nice Video Natalie!!! Thank you soo much to share your experience. I am an Agent in Louisville, KY and I am planning to move back to Florida, this will help me a lot to decide which broker should I choose.
Your very good at making videos.
You get 100% because you're practically on your own.. as a new agent I think structure is key..
Great video! Sounds like you found a perfect fit for you! 😊
Nice video. I had an attorney tell me life is not fair.
I don’t live in Florida so that doesn’t help me right now 🤪 BUT this is a great video!! I really appreciate the info, it’s very helpful (& I’ve watched a lot as a new agent and haven’t said this to anyone else 😋)
I’ll keep my eye on them if they expand out of state Thanks! 🙌🏻
Stephanie, that's so kind of you! I appreciate the feedback -- it means a lot :) I'm happy you find the info helpful!
Great video!!
loved this vid
Best video by far
Hey Natalie, I'm going to start interviewing brokerages as a new agent and I'm curious what questions you had written down for each brokerage? Thanks!!!
Great Video💕
Good stuff 👍
Amazing.
Thank you for all information. what about LPT realty, Do you have information about them? because Iam new sale agent and I look for one.
This model is awesome, but see ...there's not many of them here in Dallas is hard to find out like that 100 percent commission without a catch
Was hoping eXp was mentioned since it was in your thumbnail
Aw still haven’t updated the thumbnail :(
hey I’m interested in that boutique one only do luxury properties, could you please share the name of that place？
Natalie, I loved this video. I hope to be a new agent soon (I take the exam next week) Thanks.
Hi Natalie, I loved your video. I am currently researching brokerage. I noticed how well you promote your business and I especially like your website, how the first thing you see is the search option for find properties. Is the website provided by the broker? At any rate, how could I go about creating something like that for my business in the future? Who is hosting? Thanks so much!
Hi Kat! Thanks for the comment :) The website is kvCORE and is provided to me through my brokerage for $50/month. You can find some other helpful tips on this video ua-cam.com/video/6TZ3yS4O6ZU/v-deo.html i hope this helps!
What about the brokerage that pays you? Have you looked at that model?
I just passed the real estate exam in Massachusetts I’m very excited to start a new career. I’m kind of nervous about interviews tho I been working in family business my whole life don’t have much of a resume.
WB, thanks for sharing! You'll be great. How's the market in Massachusetts? My belief is that resumes don't matter when it comes to real estate. It sounds like you have plenty of experience in sales and customer service with your family's business --that's what it's all about!
This is exciting !! I just pass my test in RI !! I’m also trying to find brokerage!! How’s your interviews going ?
@@carmenbonilla8637 that’s awesome, congratulations. I interviewed with Keller Williams, Lamacchia, and a lawyer that is going to be opening up a real estate agency next month. I’m still deciding but Lamacchia seems to have very good training but the split is not the best. Good luck to you
Hello Natalie , With the brokerage that you are with , are you aware of the details in which the situation might occur that you would like to switch brokerages and are you able to transfers your earned clients, data etc ?
Thanks a lot.
Just for clarity on KW Profit Share. The amount added to the Profit Share comes from the brokerage’s 30% based on your scenario
That’s where I want to join! But I’m not allowed😭… still looking, hoping to find something similar 🙏🏻… Any suggestions?
Hi Natalie,
Thank you for this information! In terms of training, I'm a new agent, and I'm highly interested in joining a broker that offers in-class training. Could you please confirm if there is a training program available in this broker?
I appreciate!!
Hi! Loved this video. Mom of two here and planning to become a Real Estate Agent this year (reason I found this video). I’m located in Central Florida and Would love to know if there’s anything you recommend for me to start my journey. Thanks in advanced.
Hey Shareline! Thanks for reaching out. I'm so excited for you - this career has brought me a ton of confidence and income. I would love to connect. Feel free to send me a dm on Instagram - we can chat more there @nattypb
@@nattypb thanks! I did!
I worked for Kelly Williams in NYC (not the Luxury Group )and I never heard that God First Motto . The Gen Z's office were not helpful at all. Alex the Tech guy, was so rude to me when I had trouble accessing the website and pointed out that I wasn;t getting it because of my age. He then told me he was 28 years old. I never got any help from this group at all. No one returned my phone calls which lead to my losing a sale. There was no training at all at the KW office I was in and the broker chewed new agents up and spat them out! Everyone was afraid of her vicious personality. I didn't stay with them very long at all. I was totally disappointed in Keller Williams of New York...
😭 I just got my license this past January and I still haven’t joined any brokerage😢
Love your videos. Thank you so much. Do you think having a specific mentor or coach is not so necessary? I found a brokerage similiar to yours and they don't have a specific training system but everyone helps everyone in that brokerage. They are about 5 agents and the broker is someone I know for years.
Hey Veronica, thanks for your comment! I think it just depends on how much training you personally need. If you are innovative and like to learn by doing, then my suggestion is to get help as you need it but also keep researching via UA-cam, blogs, etc. There is so much to learn in this business and it's never ending! I think that training programs are essential in the beginning for sure, but most often they do not cover real life situations or transaction etiquette. Keep asking questions and you will find the answers! Hope this helps, and reach out if there's anything else I can assist you with :)
great video, thank you. does your desk fee cover the cost of your website and CRM?
The desk fees with website and CRM total to $150/month with my brokerage. Thanks for reaching out!
You're with Compass now? Why the switch?
Great video but I have one challenge to your remarks. You said you are on a 70/30 split when you join KW PLUS you have to give money via profit share to the sponsors above you. However, this is wrong. You are on a 70/30 split regardless. 30% goes to the brokers. Its then the brokers who share profit of that 30% back to the agents... it does not come out of your pocket. And PS - I'm not a KW agent lol! Just wanted to clarify that!
Thank you for the clarification! I appreciate your time!
80/20 where I’m at
Where in Florida?
I wish this was Colorado!
I started @ Kw with a 90/10 split with a $10k cap $3k royalty. I was able to negotiate but most agents start @ a 80/20 split. Thanks for the video.
Thanks for that! Didn’t know you can negotiate when you first start. I haven’t started with any yet but in the researching stage
I just passed! Yay would you be able to tell me about the brokerage you’re with?
I like that you attempted to explain and rate agencies..
..some of your info is inaccurate.. I work with a KW, and all KW’s are different and most will be happy to negotiate agent broker split rates as do all agencies!! None of the Brokerages I have ever been recruited by had been able to demand a split. And usually you can earn out of a bad split if you like the Brokerage.
Also the profit share is NOT taken from each agent it is covered by their split portion.. knowing the facts about 1 office of many independently owned offices should be part of the disclosure here.
I worked for one of the Largest KW and under the former CEO.. these are facts.. it’s a negotiable business!
Thank you, Haute! This is very informative and good to know. I appreciate the information. Everything is negotiable--great point! I made this video when I was just getting started in the business and I've learned a lot since. :) thanks again for the comment!
How do you go about your interviews?
Can someone tell me what’s the name of the 2nd broker ?
Wow! I wish if there is brokerage here offers like your brokerage. I'm having difficulty finding a good deal. They either charge monthly fees with 60/40 commission split, other have mandatory 21 hours floor schedule and 50/50 commission, this one doesn't even have a nice office, it's dark and old and have to be there every day every other week 😔
Where are you located? There are so many great brokerages out there but it all depends on what you want for your business. Keep doing your research! Thank you for the comment - best of luck!! 🙏🏼
Natalie if I signed with Marzucco Realty. Would you be my mentor and help me become tech savvy and guide me through the rough patches of building my business?
absolutely! feel free to email me at nperezbenitoa@gmail.com
What do like about Compass Florida LLC??
I’ve been to a few interviews, but I feel like 1 thing that I don’t like is a such a deal breaker for me idk if that’s a sign it’s not for me or if I’m being too unfair with myself for looking for the “perfect brokerage”
Do you guys have Location near West Palm Beach or just Naples?
We have 3 offices : Plant City (near Tampa) Cape Coral, and Naples. Hope this helps! if you're thinking of joining us, hit me up on IG @nattypb -- I can answer any questions you have!
Please have them open in California, haha.
I cannot find a brokerage that fits well with me to save my liiiiiife. 😫
Your desires/expectations parallel mine and I'm having such a hard time finding a brokerage that meets any of it.
Ugh Maggie! I'm so sorry to hear that. Who are you with now and where are you in Cali? I lived out in LA for 6years and have networks in other parts of SoCal --would be happy to connect you. Just lmk 🤗
Great video for the most part...
You are misleading about KW and the sponsorship program, and the company splits. The agent does not have a 30% split AND another fee for your sponsor. The KW office pays your sponsor out of their profit! It is called profit share!! AND it is not a pyramid scheme! Now I see why people think that. Also, KW has a cap. Once your cap is paid, the agent earns 100% commission. As far as the rest of the brokerages go, I have no idea because KW is the only brokerage I would want to be at. Make sure you fully know your content before sharing with the world. 😁
Y quien paga por esa oficina si todos reciban el 100% y el transaccion fee es de $250 y el minimo de una oficina son $5mil al mes?
Are you still there ? My instructor at Larson Ed works for this brokerage and he absolutely loves it there and is super happy. I randomly came across your video just now I’m gonna reach back out to him to learn more because he initially had asked me a while ago if I would consider this brokerage,
Hi! I'm not at Marzucco anymore, but Josh and the whole team are great. I'm at Compass now and absolutely love it. Hoping to do a video soon on all that it has to offer xoxo
I’m in the process of interviewing prospective brokerages. Most of the seem like a nightmare! WTF?!! No standards commission splits & fees all over the place! This is worse than studying for the test! Which is a 168 hours in CO.!! Damn!!!
I clicked this video thinking it would break down several well known brokerages. Instead I got 5 minutes of KW and 5 minutes of a brokerage that literally means nothing to me.
Great Video! I just recently passed the exams in Colorado, which is good, right? Only problem? I was so laser-focused on passing tests, choosing a brokerage never came to mind! I'm middle - aged, and I don't want to make the mistake of being a newbie signing on with the wrong brokerage. Do you feel the same way about this brokerage a year later? Would there be any more wisdom you would pass on now? 😁 I'm "interviewing" brokerages this week in search for a new start to my life!
Thanks for your comment, Chad! I commend your discipline. Keep at it -- interviewing multiple companies to find the right brokerage for you is crucial. To answer your question, I still love my brokerage and I continue to proper by selling myself before ever selling the home. YOU ARE YOUR BRAND. I'd love to connect again soon and wishing you the very best!
@@nattypb How did you find that particular Brokerage? I am in Colorado. Thanks!
@@chadm7872 I, too am totally new at this. I just passed my re exam 2 weeks ago. Im in Florida. I have yet to go on my first interview (also middle aged, well 40's). I would suggest talking to any agents you know personally. And also going to brokerage sites and checking how they display their clients and whats important to you like if they volunteer etc. Also, before I go into my first interview, whether in person or on zoom I'm going to make sure I know as much about the co beforehand and have important questions written out. I really liked Climers take on your first interview.
@@stephanieholts7685 I posted that comment a while ago, and I’ve signed with a brokerage. Thanks for the info, though! One thing you’ve gotta remember, though! You are interviewing them! You don’t work for them! Good luck!
So different than when I was an agent in 1996 and even again in 2014. Training consisted of “Here’s the desk, here’s the phone, lots of luck, you’re on your own!” Very cutthroat.
How do you think Marzucco compares to Dalton Wade?
Hi there! I am unfamiliar with Dalton Wade. Where are they located?
Have you heard anything bad about Charles Ruttenberg Realty? I hear they are also 100% commission.
That is totally innacurate regarding profit share , completely ! KW profit share comes from the brokerage profits. Let’s make it simple
Your KW office owner does their books end of month ( all is reported to main corporate office).
INCOME - EXPENSES = Profit
Profit is split amongst agents ! Simple.
Great video! I’m interested in becoming a real estate agent. I live in Central Florida and currently researching how to begin the process. I would love any advice you may have. Thanks!
Did you become an agent, we plan to also
@@robertclarke7411 yes I did
Keller Williams only gives a percentage from the brokerages cut. So in the 70 30 you would only give 30 percent nothing more
u get 64 in kw
Your beauty shines through in every post! Those lips are so lovely. 💖
definitely oudated info on kw's model and not a true & accurate representation of how it works.
Oops. Bad info. Not accurate. Great presentation but poor research.
I ALMOST SIGNED WITH KW! I'm glad I didn't! Too much money goes to KW franchise and brokerage. KW will nickel and dime you out the gate! No thank you! If you like to give away a chunk of your commissions, KW is for you!
Hi Natalie, is there any way we could talk? I can share my email?