How to find a better firm and make more money as a real estate agent
If you’re still with one of the corporate firms like Keller Williams, there might be something better out there for you. In fact, we’d say that if you’re getting less than 90% of commission on the properties you close, there’s something better. Local, independent firms offer a much higher chunk of commission to their agents (90-100% in our case). But despite the money, its not for everybody. To be successful at an independent firm, you’ll need to be resourceful and show initiative. If you’re somebody who likes a more structured setting or struggles to self motivate, you could end up making less money at a company like Better Properties. However, if you’re largely self sufficient and can do your best work calling your own shots, it’s probably time to move on to a company like ours. Here’s how you can find a good fit for yourself: 1. Make a list of what you want out of a new company. You’ll want to make the list realistic and practical, but without selling yourself short. You can start by listing all the things you don’t like about your current firm. Then, ask yourself honestly if these pet peeves are due to your current setting, or are just part of the trade. Don’t forget important factors like location, compensation and schedule. 2. Search for options in the right area. Then, make another list of those that meet some or all of the criteria on your list. Here, you might find that your list was a little unrealistic, if it turns out that all of the available options simply don’t check all the boxes on your list. Adjust accordingly. 3. Narrow it down. Gather info on the prime candidates. Assess them based on their culture, compensation, demands, and the resources and support they provide. Keep an open mind, as they may offer something you hadn’t thought of --- or demand something of you that you’re not expecting. Finally, ask them what they offer that nobody else does. What makes them the best place for certain real estate agents? 4. Interview with the top candidates. We recommend interviewing with multiple companies, like you would with any profession. You never know what’s going to reveal itself during the interview process. Even if you find a great fit, do your due diligence and complete all your interviews. Keep an open mind and don’t sell yourself short. Our offer What sets Better Properties apart is our business model. Rather than take huge chunks of commission to cover the extravagant expenses that come with the corporate setting, we just do away with some of those expenses. You keep 90-100% of the commission. We choose to make our money by being in the field ourselves, and by volume of sales (we have 122 agents and counting). There’s no micro managing at BPE, just a place to roll up your sleeves and get to making money. We’re here to support our agents, but only when they need it. No Nickel and Diming ---NO Monthly Fee ---NO Desk Fee ---NO Phone/Fax Fee ---NO Copier/Scanner Fee ---NO Mandatory Office Meetings ---NO Mandatory Floor Time Keep More of What You Earn ---When a transaction closes, brokers will receive 90% of the listed commission. ---We allow brokers to reduce rates to compete and match cut-rate commissions companies, such as Redfin, who offer lower percentages. ---After a broker has paid $8,500 ($12,000 per two-person team, per calendar year) to the office, the broker will move to 100% commission.*At 100% commission, the agent will pay a $185 processing fee and a $25 franchise fee for each closing. Contact us at 425 990 3333 to talk about joining Better Properties Eastside.