Home > Blogs > Aaron Mighty > Aaron Mighty's (mightyrealty) Blog

Am I A Bad Broker? (Newbie)

By Aaron Mighty

Real Estate Broker/Owner with Mighty Realty Inc.

August 05, 2008 06:17 AM

Hi all,

I am an Active Rain Newbie and I feel bad writing this as my first post, but a good friend of mine recommended that this is the perfect place for some therapy. :) So here goes...

Am I A Bad Broker? I think this is more of a rhetorical question, because I feel the answer is so obvious. Today I had a client tell me that they had decided to use another Realtor because I hadn't called them in the last three days. I have never had that happen to me before. Not really sure why I didn't call them back, but I guess I simply forgot, or got too busy to remember. Either way I just realized that while I run my own brokerage with a few up and coming Realtors, I do not rely or confide in them as I probably should. I could have simply passed this client to them, but I didn't.

I have had two Realtors leave my fledgling agency in the last 6 months and only have three Realtors to even chose from. Although we are a small brokerage we get our share of phones calls and prospects that are distributed to each Realtor accordingly. I am almost positive some of them think that I take the best leads and give them the leftovers, which isn't true at all. So why didn't I just give this client to one of them.

I have been so busy lately with closings and missed closings and the like, that I also just realized that my goal of having ten Realtors in a year of officially opening the brokerage, back in September 2007, is upon me and in all likelihood the result will be failure. Does this make me a bad broker? Or is it the lack of confidence in my Realtors? They are GOOD! I think?

I am not afraid to fail. I am positive that I am afraid that Realtors will leave and say that I did nothing to keep them and/or build their careers and/or assist in their success. I am not sure what the problem is. I try to train, motivate and inspire, but I always feel like some Realtors are just not willing to do half of what I do. I know the market is not easy and all I ask for is dedication, hard work, and some professionalism.

Is it me or is it them? Does anyone feel this way? Does anyone have a good plan of action on how to recruit good, or even good potential Realtors? And then how to keep them...

I need help, bad! I think I may be a bad broker?

Sincerely,

Aaron Mighty
Broker/Owner
Mighty Realty Inc.

Comments(4)

Comment

Show All Comments Sort:

Lillie Painia, ABR,NHC,TAHS,SRS

Lillie L. Painia, Tri-R Realty Group - Missouri City, TX

Hi Aaron,

Enough beating up on yourself! Lighten up! Sometimes things fall thru the cracks. I do not believe that you are a "Bad Broker". You may need to sit back and focus on what you are really trying to do. Do you want to manage/run a brokerage and continue to sell independently, or build a team where you work together and you all share? Don't worry if the question seems confusing. I had a broker ask me the same question and it really started me to think. Here's the difference according to him, when you manage/run a brokerage, you are absorbed in the day to day operations and sometimes your personal sales suffer and your agents see you as their competition. However if you adopt the team approach instead, they each can take a part in holding transactions together and you usually can focus on another aspect of the business while still having a positive cash flow. Also he states that usually when somone is holding you accountable, you always do what's expected. Personally I would have given the client over to one of my agents. Also, he says that you need to focus on one thing at a time and take personalities and workstyles into consideration. Instead of trying to recruit and sell, do one at a time. Do bear in mind however, this may not work for everyone. (Just my two cents worth.) I hope this helps a bit. LOL!!!!

Aug 05, 2008 07:17 AM

Daniel J. Brudnok, REALTOR

Berkshire Hathaway Home Services Fox & Roach, REALTORS - Exton - PA License #RS-225179-L / Delaware License #RS-0025038 - Downingtown, PA

SRES, e-PRO,ABR,GREEN,CSP

Aaron,

This is the same issues no matter the size of the office when the incoming leads are distributed. Stay the course and believe that you are doing the right......good luck.

Aug 05, 2008 07:26 AM

Neal Barnes

Starstate Realty - Killeen, TX

Broker, REALTOR, ABR, CRS, GRI, SRES, SRS.

Hi Aaron -- Welcome to ActiveRain. I look forward to networking with you and reading your future post. Have a great day!!!

Aug 05, 2008 05:07 PM

Aaron Mighty

Mighty Realty Inc. - Apopka, FL

Thanks for the replies everyone, especially Lillie.

For some time now I have been thinking about working my brokerage as a team or several teams. That would essentially solve a few of my issues. I believe I will start exploring that avenue as a strategy to recruit, train and keep some good Realtors. I'll keep you posted.

Anyone else have any good ideas they or their broker uses to recruit, train and grow successful? I am all ears.

Thank you,

Aug 06, 2008 03:04 PM

Comments(4)

Aaron Mighty

Recent Posts