Major help needed

[ashley6943]

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[ResaleBroker]

I just recently got into real estate and started working with the first company I intervied with, which might have been a mistake. I love the brokers, and I get about 5 buyer leads a day with them, but they don't allow anyone but themselves to take listings that are call in's or walk-in's. Is this standard, or should I start looking elsewhere? I have talked to them about this and its not going to change anytime in the future. And its not because I am new either, they don't allow anyone to do this. We have about 10 people that work in the office as agents and the 2 brokers and all the agents combined only have about 3 years experience. Are they doing this because they are new to the field also? They have only owned the office and been brokers for about a year? Should I wait it out, and hope things change or find somewhere else to work? Thanks in advance for any input!!!

If you don't mind me asking... what do "you" bring to the table?

[judyo]

Sounds like you were hired as a buyer's agent. I don't know of any offices that work this way in my area although we do have some small family operated independent places that might be, although I think they just have the whole family working for them.

Do you do actual "floor time" where you answer potential client calls? Or are you just handed leads?

Even though it did take me quite some time to feel comfortable giving listing presentations I wasn't prevented from doing them (I used to do floor time). I could understand that they might not allow a brand new agent to take walk-in or call-in listings but there should be a time frame to that or a production quota.

Sounds like this is simply a small office run by 2 working brokers that have hired 10 buyer's agents to help them out. And of course any listings procured by the agents personally would be shared by the listing agent & the brokers with whatever splits you have going.

I would never work in an office like this but you might want to use it as a training time, especially since you like your brokers. When you feel confident enough to take walk-in or call-in listings from complete strangers then it might be time to move on.

[ashley6943]

I would feel completely comfortable working with potential listings, but I don't have that choice. Also we are a national franchise, not just a little mom and pop place! I do have floor time, but any potential listings that come in are to be given to the brokers, even if there are not in the office. I was not told I was being hired as only a buyers agent.

[sarahk]

Down here individual agents do letter box flyers promoting their office and themselves - and they get out and meet people so that when someone wants to sell they either ring you or ask for you by name. The company is then obliged to hand the person over to you.

Sarah

[judyo]

I would feel completely comfortable working with potential listings, but I don't have that choice. Also we are a national franchise, not just a little mom and pop place! I do have floor time, but any potential listings that come in are to be given to the brokers, even if there are not in the office. I was not told I was being hired as only a buyers agent.

I'm surprized it's a franchise company & that they didn't inform you that you were basically a "buyer's agent." Although that's not 100% true if you'd be bringing in your own listings.

Sounds like you need to start interviewing other offices, then. After 22 yrs. with the same broker I recently moved to a new place. My broker just couldn't match what they were offering. My office was like family to me but as much as I liked everyone there, none of them were paying my bills!

As much as my broker made it a congenial good-bye, I'm sure he was pretty upset to be losing me. But we have to do what's best for ourselves.

[ashley6943]

Thanks for all your help! Its nice to have a place to come to when I'm just starting out. I appreciate your comments and suggestions, as I am sure I will be asking more in the future!!