Tony & Darcy - The C Team's Blog

head_left_image

Question: Training vs Splits?

Which is more important, especially to a new or newer agent, a brokerage that offers the best split or one that offers the most training?

This is the question of the ages in Real Estate.  We work for a broker that offers fair splits but has great training.  What say ye?  I would also ask the same question to experienced agents, what is more important, continuing training or high splits?

I ask not just to generate buzz, but also to gather information for myself, like I said my broker offers fair splits, but there are a couple of other brokerages in town that offer a lot higher splits.  We also have Exit and Allpro offices that basically is a flat fee per transaction plus desk fees.  So I wanted to gather as much information as I can, from you, my peers.

I don't pretend to think that I don't need to have continuing training, I know that there are a lot of ways to obtain training.  Some that aren't expensive, some that are.  Once again, I thank you in advance for your thoughts and ideas.

If you're looking to buy or sell real estate in Cedar City, Utah; please give us a call.  We would love to earn your business!

Comments

i really got great experiance from my broker. it was a c21 and they had unreal training. plus my broker is very into education. one of our agents is a tom ferry coach soe we benefit from that as well. as far as splits. i don't really know about other companies splits. i feel that splits should be merrit based. maening that if you sell lots you will get paid lots. trevor
Posted by Trevor Ainsworth- Burlington Vermont Real Estate (Century 21 Jack Associates) over 2 years ago
Uhm, what can you learn from your broker that you can't learn here on Active Rain???
Posted by Shannon Lefevre, PA (John R. Wood REALTORS Inc.) over 2 years ago

When I received my license I really didn't know much about the firm I was to work for. It was a pretty large firm in my market area that had a national name behind it. It was a 50/50 up to I can't remember. They had some educational opportunities and a couple of heavy hitting agents. I just didn't feel like I was getting what I needed so I moved to a desk fee office of a brokerage that was the leader in my market area - I was still a new agent and knew I would have to really push myself. Even though it was a desk fee office the broker was amazing when it came to eduction and mentoring. I think the broker is the one that makes or breaks an office. I spent 10 years there and after returning to the area I have decided to work at a desk fee office again.

Posted by Jo Soss [360] 990-1433 (HomeFront Realty ) over 2 years ago
Keller Williams has been built on training. Our splits go away once you hit about the 2 million thresh hold. We I first started with the company, there were agents from different companies that sat in on our training. I thought that was very cool. I am still here after 4 years and I don't plan on going anywhere. I also teach thre courses a month in our market center. So, I am in a situation where I have both!
Posted by Mark Horan P.A. "The Resident Chef" (Resident Team Realty, LLC) over 2 years ago
Hi Tony and Darcy!  My opinion is that it depends on where you are in your career.  When I was brand new I chose to work for an office that had exceptional training!  After a few years, I moved to an agency that focused less on training but had a better split.  I still enjoy additional training, but after getting the basics down I enjoy a better split!  So, in summary, it depends!  See where you're at in your career and what you'd be comfortable with and then go for it! Hope this helps!
Posted by Barbara Hershey, Realtor Maine Real Estate (Allen & Selig Realty, Maine) over 2 years ago
I believe that the training is essential for an agent first getting into the business. However, later on, I would move to a company that offers a higher split.
Posted by Matthew Zgonc, Realtor, CFS, CVS (ERA Village One Real Estate) over 2 years ago
Thank each of you for your responses!  We just go through this discussion each time it comes to evaluating where we are in the business, and what we can do to improve ourselves professionally, again, it is all great food for thought!  We really love AR and each of you, everyone is so helpful!
Posted by Tony Cannon, e-PRO & Darcy Cannon, SFR - The C Team (ERA Realty Center) over 2 years ago
90% of nothing is still nothing.  I went with the market share leader, whose firm was also tops in Internet technology. 
Posted by Gail Robinson, GRI, e-PRO - Black Rock Connecticut Real Estate (William Raveis Real Estate) over 2 years ago

Participate



(optional)
What does the graphic say?