Monday, August 10, 2009
Why Choose to Be Home Grown? Part 4
Coming from a family of entrepreneurs, I've seen what it takes to start and maintain a successful business. I remember my dad waking up early and coming home late most every day just to make sure everything in his company was as it should be. There were stressful times, but thankfully there were also many happy times as well. Becoming a real estate agent is exactly like starting up your own business. Even though you'll work under a broker, you are President and CEO of your own little business. You'll also be the accountant, the marketing guru, the salesperson, the graphics designer, the manager, the secretary, and the legal counsel. You'll have to somehow do it all. Of course, you'll have the help of a broker once you get started, but many times brokers are busy trying to solve other agents' problems, and may not always have the time to be one-on-one with you training you how to get your new career started.
At Home Grown Real Estate, we've come up with a unique idea... a Mentor program! As you'll read from the following paragraphs taken from our Recruiting Packet, you'll be able to see how this can be a lifesaver for the new agent, and a financial help to the agent who brought them on board to the company. Hope you enjoy!
New Agents
Being a new agent can be a frightening experience. The training received with the 60-Hour license course is excellent for passing the real estate license exam but does very little in preparing you to actually succeed with a career in real estate sales. For most of us, starting out was a lot like being hired in as a professional basketball player for the NBA, after reading the rule book, but never playing the game, never practicing, and never watching anyone play. An estimated 40-80% of all first year real estate agents drop out of the business. Only 10% of all agents who survive to their third year actually make it to their fourth. It's no wonder! Most real estate firms toss their agents into the game without giving them any sort of specialized training or education. They were basically set up to fail before they even got started.
At Home Grown Real Estate, we have a better idea. We believe that we are all better off if everyone is successful. First of all, our commission structure is set up to give incentive to our agents to go out and recruit others. If those agents are successful, then the recruiting agent makes some extra cash! So, automatically there is a desire among all of us that everyone succeeds in real estate. Also, as a new agent, the agent who recruits you to the company will become your mentor. They will work closely with you, help you learn how to fill out the paperwork, how to set up your advertising, how to best find clients, etc. You will start out having someone there who will help you get your business started the right way. If you're serious about your success as an agent, you owe it to yourself to have someone there at your side that can help you every step of the way.
The mentor program lasts for a year. You may stay with it longer if you and your mentor agree. While on the mentor program, you will receive 65% of your commission, the company will receive 30%, and the mentor will receive 5%. This gives the mentor an added bonus for helping you be successful along the way. If you'd like more info on our new agent program or want to come to work with us, please email us at homegrownrealestate@gmail.com .
Joshua B. Pettus
President/Broker
Home Grown Real Estate
256.541.0491
JBPettus@gmail.com
http://www.homegrownrealestate.net/
http://homegrownrealestate.blogspot.com
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