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The Perfect Broker...Do They Exist?

By
Real Estate Broker/Owner with Mike McCann - Broker, Mach1 Realty Farm & Commercial Land Broker-Auctioneer Serving Nebraska

What a great question that was asked on Active Rain Some where over the Rainbow by Mike McCann Nebraska Land Brokerearlier by Karen Fiddler.  She wanted to know what agents want in a perfect brokerage.  Wow...if you have not read the responses...you should...or rather...your Broker should! Somewhere Over the Rainbow is the perfect Brokerage...or maybe you are there already!!  You can see Karen's blog here: http://activerain.com/questions/show/36377/if-you-were-to-design-the-perfect-brokerage-situation-what-would-you-like-in-a-broker-

 I am not sure I would be a great Broker and am a 1 man band but I have been thinking about expanding.  So Karens question blog is of great importance to me.  Here is my response verbatim:

"Karen...If I can be of any help from my past experiences it would be this:

Be Honest always...   Be Ethical always...  Be Fair always. Expect agents to be as well.

Have an Open Door Policy where you are accessible...with in reason. 

Never give False Hope to someone looking for a change. Yes...they need a change...but you may not fit what they need...make sure they fit your mold.

Have a hiring policy in place where your work ethics, morals, and life goals are what the agent is striving to emulate. Share that with anyone thinking about coming on board before they interview.

Don't beat around the bush...if you have an agent who is struggling...find out what they are doing wrong and help them be successful or help them find somewhere where they can be or do not bring them on board.

Strongly encourage them...no...make them utilize AR and be active and involved.  I could have saved 10 years of learning if I could have had access to AR or something as good back in the 1990's to learn from!

I have no problem with an active Broker...yet I struggle with an unfair Broker. This is a tight rope that is easy to fall off of. If you skim the cream of the leads...you will not keep the good agents and the bad will simply create negative energy.

True...many agents will generate their own leads...but I have yet to see an agent who did not want a great company lead.  Many Brokers belong to some Broker/Owner network and the agent never sees those leads and that is frustrating for the agent to be left out.

Are you a psychologist?  Be prepared to be in need of one. Are you good at pumping up someone who is down? Or reigning in someone who is going so fast they are out of control? Or able to light a fire under a lazy stump?

Perhaps what I would want to do the most if I was adding agents is this: Find out the top 3 reasons an agent wants to leave their current Broker. If you are not different in those three areas...will this person fit?

Never judge a book by its cover. Don't pass over the perfect agent  because of  an imperfect past or imperfect look.

If you are going to fly... Fly Like an Eagle...not like a chicken!!"

..............................................................   Perhaps you should go to Karen's blog and join in or do it here!!

 

Until next time...

Posted by

 

Mike McCann Nebraska Land Broker This has been Mike McCann...Nebraska Land Broker...Coming to you from the Farm Land of Nebraska and America!! Visit me at www.mikemccann.com to learn more about the agricultural and farm land for sale market. 

Many farms For Sale in Nebraska are not listed publicly...please call, text, or e-mail with your questions, wants, and needs!

Mike is your Ag, Farm, and Auction expert throughout Nebraska!

308-627-3700 and 800-241-3940 call or text me at these numbers or

mike@mikemccann.com for easy e-mail access! Mike McCann Nebraska Land Broker

 

Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

We have a perfect broker.  He stays out of our business, is always there to answer legal questions, has training but makes nothing mandatory and he's always smiling.  He manages over 700 agents in 5 offices in 2 counties.

Aug 24, 2015 10:14 AM
Mike McCann Nebraska Land Broker
Mike McCann - Broker, Mach1 Realty Farm & Commercial Land Broker-Auctioneer Serving Nebraska - Kearney, NE
Farm & Commercial Property For Sale 308-627-3700

That is awesome Chris and Dick Dovorany !!  I had a great one for 7 years out in Colorado Springs...  Barry Boals.  He only had about 55 agents in one office but it was great.  Unfortunately it was 450 miles from family so we moved back to Nebraska in 2003.  Had a terrible 2 brokers here in '03 and '06 and then went on my own for the rest of my life!!

Aug 24, 2015 12:28 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

I've been licensed since 1981.  In those years, I have been fortunate to have worked with great brokers.  I think it's been because they have those qualities mentioned: "Be Honest always...   Be Ethical always...  Be Fair always. Expect agents to be as well."

Aug 25, 2015 08:09 PM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Mike before I opened my own brokerage in 06 I had a great broker for many years. Open, honest, allowed us to run our business our way and was there if I needed any advice.  But I don't look back - happy to be on our own!

Aug 26, 2015 08:33 AM
Mike McCann Nebraska Land Broker
Mike McCann - Broker, Mach1 Realty Farm & Commercial Land Broker-Auctioneer Serving Nebraska - Kearney, NE
Farm & Commercial Property For Sale 308-627-3700

Hi Myrl Jeffcoat  and Anna Banana Kruchten I must admit that I have enjoyed being a 1 man band. What I am missing is the synergy from a cohesive unit.  I have not had that for many years from my peers but do have it from other professionals...so I agree...I am happy to be on my own!!

ps...with this response I have finally hit 400k in points!! Don't worry...you both are safe from me ever catching you!!

Aug 26, 2015 10:50 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Mike, I too am looking to add a broker or two, and read all of the thoughts to be a great broker.   

Sep 06, 2015 04:02 AM