Questions To Ask While Interviewing Brokerages.
Finding the right brokerage is one of the most important decisions in your real estate journey. Use these questions as your guide, explore your options, and choose the one that fits your vision. Whichever you choose, we wish you great success ahead.
✅ What are the total costs associated with your brokerage?
✅ Do these costs include franchise fees, technology fees, corporate/administrative fees, risk management fees, transaction coordination fees, and quarterly/annual dues?
✅ What exactly do my commission splits cover, and what specific services or benefits are included?
✅ If I close a transaction earning $15,000 in gross commission income, what portion will be paid to the brokerage?
✅ Are any portions of my split reinvested into marketing or advertising that directly benefit my individual business and brand?
✅ Who is responsible for paying MLS access, CTMe, E&O insurance, Board dues, and Continuing Education fees?
✅ Am I required to maintain association membership, and if so, who is responsible for covering that cost?
✅ On average, how many closings per year can agents expect from brokerage-provided leads?
✅ Will I have access to a private or shared office?
✅ Does the brokerage provide or contribute to closing gifts, client appreciation programs, or marketing materials for my clients?