Not all real estate brokers are created equal. When deciding where to begin your real estate career, here’s an important list of:
QUESTIONS TO ASK REAL ESTATE BROKERS

1. Is the company independently owned & operated or is it a franchise? If franchised, what would my franchise fee be?


2. How long has the company been in business in this area?


3. Who is the principal broker & where is the company’s main office located?


4. What training programs & continuing education are offered? What is the cost for training?


5. What is the company’s commission schedule? Where will my commission split level start? How much will I need to make to go to the next level?


6. How soon after an escrow closes can I expect to receive my commission check?


7. What commission does the company charge their clients for services?


8. How many agents work for the company? In the office where I will work?


9. Do the agents work part-time or full-time?


10. How many properties did the company sell last year? How many by my office?


11. What is the average sales price of a home sold by my company? By my office?


12. Who would my manager be?


13. Does the manager compete with agents by listing & selling properties?


14. How accessible is management?


15. How many years has my supervisor been in management? In sales?


16. What is the company’s advertising program? What would my costs be?


17. What office facilities are available? What would my costs be?


18. What is the company’s risk management policy? What would my costs be?


19. Is the company a member of the Association of Realtors®?


20. Which Multiple Listings Services does the broker belong to?