Home > Blogs > Patricia Aulson > Serving Seacoast NH & ME Homes Blog by Patricia Aulson

Does your managing broker compete with you?-WWW.PATRICIA4REALESTATE.COM-REAL ESTATE PORTSMOUTH NEW HAMPSHIRE-HAMPTON NH HOMES CALL PATRICIA (603)944-1465

Reblogger Patricia Aulson

Real Estate Agent with BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate

January 31, 2010 01:12 AM

Here's an interesting post I thouogh worthy of to reblog for your interest. Does your managing broker sell and list properties? I don't think it's right that they are getting a salary from the company and then they take those calls that come in and ask to speak to the manager! Read the post and see what you think? compete or not? That is the question.

=======================================================================

WWW.PATRICIA4REALESTATE.COM

EM: SOLD@PATRICIA4REALESTATE.COM

SERVING SEACOAST NH & ME

DIRECT CELL (603) 944-1465

QUESTIONS AND CONCERNS WELCOME ANYTIME

======================================================================

Does your managing broker sell and list properties?

Your managing broker is in an enviable position, for someone who sells and lists properties. They often are the one that people call, asking if the manager can give them the name of one of the top agents in the office, who might be good to help sell their property. Or do they know someone who'd be good to help find lakefront property for a relocating couple, coming in from New York City.

A managing broker who also lists and sells would be in a position to shortstop some of those calls, and accept the leads for themselves... after all, what client could resist the sales pitch (from someone whose opinion they were just soliciting) "Well... I list / sell properties in that area, and I AM the managing broker, here in the office, so I could do an excellent job for you". And even the most ethical manager might find herself in a difficult position, if a particularly lucrative listing or buyer might cross her desk.

My managing broker does not routinely list or sell properties. She does not compete with me (or any of the other agents in the office) for listings or buyers. Managing an office of almost 100 prima-donna agents (and yes, I include myself in the land of primadonnaville) is a full-time job... maybe a job and a half, and she dedicates all of her professional time to that task.

There are managing brokers in our area who do list and sell regularly. They are in smaller offices, and list and sell in order to supplement their income. I don't like the idea of my manager competing with me for listings. Their title gives them a slight edge with the public, and I don't think that's right.

How about yours? Does your manager compete with you? Are you okay with that... how do you feel about it?
ALAN MAY, Realtor®
Specializing in Evanston Real Estate and North Shore Real Estate
Coldwell Banker Residential Real Estate, 2929 Central Street, Evanston, IL 60201
847.425.3779 Cell: 847.924.3313 Email: Almay@aol.com

Evanston Real Estate & North Shore Real Estate

Do not copy the content of this blog, for use elsewhere, without first contacting the author for permission. Reblogging,
when the button is available, is allowed. All other use is strictly prohibited without express permission from the author.

Comments(4)

Comment

Show All Comments

Sort:

Krystal Knott

Christie's International Real Estate - Summit Colorado - Breckenridge, CO

Breckenridge CO Real Estate & All Summit County CO

Hi Patricia, my managing broker is my father who does list and sell property. Him and my mother however do a good job of taking some of the leads/listings that come in and sending them out to realtors in our office that have listed in a particular area before, it just depends on the location, they try to make the best fit. I think there can be a happy medium if the manager is willing to see and find the happy medium. Thanks for the post, got me thinking and I realized I am in a pretty fair situation and so are the other realtors in our office. --Krystal

Jan 04, 2011 11:44 AM

Patricia Aulson

BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate - Exeter, NH

Realtor - Portsmouth NH Homes-Hampton NH Homes

I can relate to the above comment and do think there are managers that equally and fairly give out calls that they get. With that said, not all of them do.....

Jan 04, 2011 12:42 PM

Steve Baklaich

RE/MAX Results St Cloud Mn real estate - Saint Cloud, MN

Treating Buyers & Sellers to Full Service Always.

Patricia; Another good reblog. I have worked in offices where the Broker takes clients and where they do not. The advantage with the "working Broker" is they are in the trenches with you and they keep real. Naturally they take the best leads. My previous Broker usually had between 125-150 listings in inventory at any time. That being said, I have always brought my own energy to the business, and done my own deals, as opposed to waiting for floor calls, etc. That Broker thought she paid me my potion of the commission. I knew that I split my commission with the company, for goods and services, etc.

Jan 07, 2011 01:25 AM

Well I appreciate your time to comment today Steve. You have a realistic outlook on the subject and what you say has merit. I think it is about the "point of the matter" and why not have a system that makes sense where the managing broker passes the incoming leads off via a rotation basis. I don't really think it's fair to take the leads that come in and then get a pay check each week while the agents depend on in coming calls.

Anyway, it is what it is and some managing brokers are more honest than others about such things. I've been in both kind of offices. It can work and then again................................... it often doesn't.

Thanks again for stopping by today.

Patricia

Jan 07, 2011 01:43 PM

Does your managing broker compete with you?-WWW.PATRICIA4REALESTATE.COM-REAL ESTATE PORTSMOUTH NEW HAMPSHIRE-HAMPTON NH HOMES CALL PATRICIA (603)944-1465

Comments(4)

Patricia Aulson

Recent Posts

Additional Information