Admin

Real Estate Sales-What Can We Do To Help Newbies

By
Real Estate Agent with RE/MAX Coastal Properties BROK.995683208

Real Estate Sales-What Can We Do To Help Newbies

I remember when I started waaaay back in the day (remember fax machines and cable tv ads). My broker trained me from start to finish, up, down, and sideways how to work with both buyers and sellers. 

My goodness there were checklists...And if I had a question she or the full time secretary were steps away. At a time when the average sales price was just north of 100k, I kept 50% of my commission. Did I get rich? Nope, but those basics have allowed me to survive and even thrive in a challenging business. 

Based on my conversations with newbie agents, things have certainly changed since 2009. Here are some things I suggest to help the newbies thrive...

1) Encourage the newbie to ask questions--We were all new at some point. In my early days I did some deals with great seasoned agents. They were supportive and encouraging (for the most part). Newbie mistakes increase when the agent feels he or she must "look like an expert" to the other agent. 

2) Realistic Job Previews--Watching cable tv or lurking on social media can give the impression that this gig is EZ. After all, HouseHunters is only 30 minutes right? I was stunned to discover real estate is actually a sales business (read not a job). 

3) Mentoring, just not forced--Want to discourage a newbie? Make him/her give a portion of their check to a mentor agent that never answers the phone. 

4) Systematic approach to training--The basics apply to EVERYONE. Offer a step by step guide, then be available to answer questions. Randomly encouraging people to go watch some YouTube videos and nothing else is malpractice. 

5)...

ActiveRain Folks, what is your number 5? How can we get that survival rate to increase? 

Posted by

Searching for a Top real estate agent in Destin Florida ? Need help selling your Emerald Cost home? Either way call Doug today!

Doug Rogers

Real Estate Agent 

RE/MAX Coastal Properties 

Destin Florida 32541

 

 

(318) 613-1994

 Equal opportunity housing. Doug Rogers is a licensed real estate professional in Florida. Each office independently owned and operated

 

 

 

Comments(5)

Show All Comments Sort:
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Good morning, Doug... in the "old day's" (and I've been in this business for 32+ years) we all worked from an office... it was much easer to help new agents when we worked in the same place. I haven't now worked from the office in over 25 years and I rarely go in. I'd hardly know who the newbies are. And from what I hear from admin people in my office, many newbies rarely show up to the office. There are new/newer agents in my brokerage who know of me and have reached out for help. I'm always happy to help them when they call. But I have no ability to find the newbies and offer help. It's up to them to ask.

Sep 11, 2024 05:58 AM
Doug Rogers

For the newbies, I wonder if the lack of a physical office makes it harder to connect?

Sep 11, 2024 06:41 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Doug - I remember my beginning days in real estate in the 1990s.  The preparation for my state license examination was quite effective. 

Although I was new to the industry, I wasn't new to business.   Admittedly. I was not as prepared as I should have been.  That responsibility was up to me.  Initial broker selection was fine but more careful examination of the office would have been helpful.  What's that they say about hindsight?    Your post is quite thoughtful.  

Sep 11, 2024 06:19 AM
Doug Rogers

I picked my broker because it was close to my house. Dumb luck, but managed to find a good one!

Sep 11, 2024 06:42 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Doug Rogers ,

I remember I had several mentors when I first started and I now in turn mentor several agents. We do have many who come into the office and I'm one of them. The synergy is contagious and many newer agents have thrived because of it. Our culture is to help each other and no question is considered stupid. We have so many tools to keep in touch with our sphere and market area, its fun to encourage new agents and help them see all the opportunities available. #5 would be take the time to compile your data base, enter in programs and let everyone in that base know what you are doing! keep adding to that base!

Sep 11, 2024 08:06 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Doug, I try to help newbies and mentor them with my 27 years experiences.  Make it a great day!

 

Sep 11, 2024 10:33 AM
Lew Corcoran
Better Living Real Estate, LLC - East Bridgewater, MA
Expert guidance. Exceptional results.

Thank you, Doug, for sharing your valuable insights on supporting new real estate agents. Your emphasis on mentorship and realistic job previews is essential, and I appreciate your efforts to foster a culture of learning in our industry. For a fifth idea, I suggest organizing regular role-playing sessions where newbies can practice scenarios with experienced agents to boost their confidence and skills.

Sep 11, 2024 12:57 PM