By Philip Young


If you want to have a career as a real estate broker, you need to affiliate yourself with a good brokerage firm. Finding a good brokerage firm however is easy because there are a lot of firms that are willing to train people with little or no experience at all.

One of the best news is you can personally choose your brokerage, and it's not the other way around. As competition is quite tough in this particular field, you would want to aim for a top notch company.

To start your search, make a list of the top brokerage firms and see which ones can provide you with a mentor. Successful firms often assign a mentor to guide their new members at the start.

Being a top broker requires experience. It is not enough that you have read the books, took the required courses and passed the exam. This is actually where a good mentor comes in. A good mentor can show you the ropes to help jumpstart your career.

There are other criteria that you should also consider when selecting a broker as your mentor. One of the rules in real estate is "location, location, location"; this applies to where real estate firms are located as well. Look for brokers where the offices are in a good neighborhood, with access to transportation and good parking.

Things like commissions for new agents, fees and tuition are other matters that should concern you when choosing a brokerage firm. You should also know if there is any health insurance plan and who will have to pay for it.

If you are after these benefits, then it would be good for you to work for a firm with a national franchise. Although working for a small brokerage firm may not be able to give you the same benefits as working for a firm with a national franchise, it is not necessarily disadvantageous.

A smaller firm may offer an opportunity for a more intimate mentoring relationship as well as with your colleagues. Think carefully about how this can affect your career before making your decision.




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