Choosing a Sponsoring Broker Archives

Finding The Right Broker

John Manfred2022-08-24T17:54:51-04:00August 11th, 2022|Categories: Choosing a Sponsoring Broker, Real Estate, Real Estate Business Tools|

Every real estate agent must work under a sponsoring broker to maintain a Real Estate Salesperson License in NY. Finding the right broker for you is very important. You want to choose a broker that you are comfortable with and can mentor you. Commission splits should be considered, but 100% of nothing sold is still $0.00. As a new agent, you are going to need training, mentoring, support, therefore, a sponsoring broker that is willing to stand beside you and your goals. You have a lot of choices. Do your homework. Interview with brokers. Different real estate agents have different goals [...]

Finding The Right Broker

John Manfred2022-08-05T09:28:14-04:00May 1st, 2022|Categories: Choosing a Sponsoring Broker, Real Estate, Real Estate Business Tools|

Every real estate agent must work under a sponsoring broker to maintain a Real Estate Salesperson License in NY. Finding the right broker for you is very important. You want to choose a broker that you are comfortable with and can mentor you. Do not base choosing a broker solely on the commission split. Obviously, that is an important factor but 100% of nothing sold is $0.00. As a new agent, you are going to need training, mentoring, support, and a company that is willing to stand beside you and your goals. You have a lot of choices. Do your homework. [...]

More Than Choosing the Right Broker

John Manfred2021-08-27T01:15:31-04:00May 23rd, 2021|Categories: Choosing a Sponsoring Broker, Real Estate Business Tools, Real Estate Salesperson|

We see many students come through our school, many already have a sponsoring Broker and other's do not. We recommend those who do not, talk to as many as you can before you make the decision, in fact this should be the least of your worries while contemplating this new career in Real Estate? There is way more than choosing the right Broker. One of the first things you need to realize when getting into real estate, you are not starting a new job. You are starting a new business. There is a big difference! You do not get paid unless [...]

5 Characteristics of a Sponsoring Broker

John Manfred2023-01-19T15:45:44-05:00November 12th, 2020|Categories: Choosing a Sponsoring Broker, Real Estate Salesperson|Tags: Advance Your Career|

As a new Real Estate Salesperson, you will need to work under a “sponsoring broker.” Firstly, the brokerage you choose to align yourself with will be the foundation of your new business. Secondly, providing you with ongoing mentor-ship and the backing of it’s excellent community reputation. Here are 5 key characteristics of a good sponsoring broker, you should look for: 1. Commission Split Most importantly, commission split percentages differ from broker to broker. Although this is important, remember not to base your entire decision off commission split. There are many other factors to consider. That being said, commission splits affect earning [...]