Questions To Ask While Interviewing Brokerages
If you're searching for the best real estate brokerage for your needs, we recommend using the following questions as a guide. It's advisable to interview several brokerages before making your decision. Once you find the right brokerage for you, we wish you all the best in your real estate career.
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What are the total costs associated with your brokerage?
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Does the total cost include franchise fees, technology fees, corporate fees, risk assessment fees, administrative fees, transaction coordinator fees, and quarterly or annual dues?
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What exactly do my splits cover, and what is included in them?
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If I earn $15,000 from my own client, how much will I pay to the brokerage?
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Do my splits contribute to marketing and advertising that helps build and brand my business?
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Who is responsible for covering my MLS, CTMe, E&O, Board Dues, and Continuing Education fees?
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Am I required to be a member of the association board, and if so, who pays the fee?
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What tools and systems do you provide that will guarantee quality leads for me?
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How many closings can I expect in the next 12 months from leads provided by the brokerage?
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Will I have access to a private office for the fees I pay to the brokerage?
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Does the brokerage cover the cost of closing gifts for my clients from my split?