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Mentoring for new agents

By
Real Estate Agent with Coldwell Banker Heart of the Hills

I am looking for dialogue about your thoughts on Mentoring . Here are a few examples to start it out.

A. How much should a mentor be compensated?

B. How long should mentorship with a new agent last?

C. Should a meeting with mentee it be scheduled the first part and last part of the day?

D. Whats the accountability to broker and mentor?

E. Whats your feedback ?

 

I am open to all information that applies to mentoring, your help would be greatly appreciated.

Lori Lincoln And Associates
Top Agent Serving Dighton Taunton, Rehoboth and more! - Taunton, MA
Top Agent Taunton,Dighton Rehoboth &more

Mentors should know they are a mentor- not a babysitter.

Mentors at my office get 10-20% of the transaction

They are mentored through their first 5 transactions

Some people need more than others, depending on experience in sales or other field

Jul 15, 2007 08:01 AM
Bradley S. Sanford
Open Sky Real Estate - Proctorville, OH

A. How much should a mentor be compensated?

I charge 20% of their commissions. 

B. How long should mentorship with a new agent last?

At least one year and no less than 2 Million in sales....or $60k in commission 

C. Should a meeting with mentee it be scheduled the first part and last part of the day?

Only once a week is necessary but there are other times you are in constant contact with. 

D. Whats the accountability to broker and mentor?

The mentor has the same as the Broker. 

E. Whats your feedback ?

It works great and I look forward to the next one. 

Jul 15, 2007 08:59 AM