What makes a Realtor loyal to their Broker?

Leanna, I agree! Some agents feel like the office is holding them back, so they switch...over and over again.  It typically is the agent not being able to perform.  I was with the same company in Nashville for 7 years and I still miss it SO much. I never EVER considered leaving, no matter what the offers were.  I loved my company, broker, owner and fellow Realtors. All 150 of them!  We were a large family. I am hoping to feel that soon here in Huntsville, since I relocated to marry. 

I truly believe it is all about the broker. You must have a very good one! I am at my second, and have had no reason to leave this one. But when you see alot of agents leaving an office...that tells you something about the broker I think. A broker should be there for his agents, they are not there to make them a living on top of expenses! (Or a living legend in their own mind.)

You said it yourself.  You moved.  Most Realtors don't follow the national average, but when many people move about every 5 years, and they want to be part of an office that is close to them, they have no other options but to change brokers every 5 years also, unless they move within the same neighborhood.

There's a brand new Re/Max office that opened up behind my house a couple of months ago, literally 1/4 mile... I thought of changing just to have an office to turn in my contracts closer, as my office, being 4 miles away, is "too far".

I'm moving to Austin, and I am only interviewing brokers near where I live.  It's a convenient thing.

I do think convenience is definitely important,but just as important is the broker. I was with my old office for 6 years and made the switch to an office near my 'hood' and have never looked back. Our broker is truly their for his agents and provides us with so much we can't possibly fail. We have a monthly lunchnlearn where we are treated to lunch and watch a state of the art telecast, we have weekly sales meetings that are strictly volunteer but I have not missed a one because they are so informative and there is so much comradarie. We have access on a daily basis to recorded telecasts for desiginations, we have the Buffini By Referral Only coaching program,and all of the tools a RE/MAX brokerage has to offer our broker takes full advantage of. I have never been anywhere where I have been appreciated so much before in my life. Ok, I could go on and on but some of the agents have been in this office since it opened in 1994 so that tells you something.

I love my broker and the office I'm in.  My broker and her husband bought a building in New Bern Downtown.  Each agent has their on office. It is so professional to have a reception to receive the client and escorted to your office.  Business can beconducted in a confidential manner. its a beautiful office.

My broker has the patience of Job.  She has worked with me through my highs and lows.  She is always providing training. Because her energy, professionalism and training, I don't think I'll be moving anytime soon.

It appears to be much like sprots.  In the old days players joined a team and played their entire career with one team.  Nowadays everyone feels as though they have to move to make the big bucks.  I dont begrudge people wanting to make big moeny, everyone should, but one should also learn the intrinsic benefits of loyalty.

There's a lot of agents out there looking for the magic bullet and a lot brokerages promising one.  I think interviewing with a lot of brokerages helped me to find the right fit. 

If you move from company to company it does say something about who you are! I am loyal because they have been there for me. It is a great company and they provide a tremendous amount of support. I really would like to stay there and obtain the success that I know is within my reach.

Stacey~

Out here it's about the broker/agent split. There's a lot of money to be made, by both parties, because of the price of real estate. When a broker quits doing some of the small things, like only one pot of coffee rather than five, no more donuts, etc., at the required office meeting, then one wonders what the broker's 20-80% split of $15,000 is going to, especially since they quit doing newspaper advertising long ago, and the web site only gets updated once every 30 days. Etc.

Even if they did all that, I can see eventually leaving my broker because of the money involved. Let's say that I do 20 escrows, all at the same $500,000 median price, work only one side of the transaction at 3% commission, and have a 20/80 broker/agent split. That means the broker is getting $60,000. For what? I can think of a lot of things to do with that $60,000, including hiring the best webmaster in the world to create my web site, buy a new car, etc., Heck, I could even start my own brokerage with that kind of money and hire agents to give 20% of their earnings to me. Hmmmmmm. I think I'm on to something.

I will be with Century 21 Award as long as I'm with a broker, as long as they treat me well, and as long as I'm still a relative newbie, having been a Realtor for a little over three years. But being a broker is certainly on my mind. That would kind of be like multi-level marketing, having all those people under me paying me each time they close an escrow.

I have been in the business for just over two years and have seen quite a few people leave and come back.  I personally would rather stay where I am. I know sometimes people think the grass is greener on the other side. Somethmis it is, sometimes its not.

I likeall these comments especially Jims saying it is all about the money and then saying he wants to be a broker cause it's like multi -level. But then his agents would be all about the money too and leave are become brokers. It's a vicious cycle. I pay for everything and my agents are on a 70/30 split. They are allowd to do therir own thing but they don't do anything. I think I have spoiled them, what say you.