What are Leading Brokerages Offering Agents in 2023?
5 Overall Brokerage Trends
- 100% commission model continues to gain market share.
- More services provided at a lower monthly fee to agents.
- Continued push for agents to reach 100% of time spent selling. This is done by eliminating agent time spent on support functions like creating marketing materials, learning lead generation, and learning new technology.
- Continued push for more agent services/ operations in an online/ cloud-based environment for availability everywhere. Saves time and money, enables a quick scaling of the operation, and allows for a wider recruiting area.
- Automation of daily operations is quickly becoming a focus of brokerages. Automation enables scaling up the size of a brokerage without labor bottlenecks.
Brokerage Trends in Detail
Better Compensation
Lower Fees
More Leads
In-House Design Support
Better Marketing
Superstar Agent Mentor
Passive Income Opportunities
Better Culture
Suite of e-Systems & Tools supporting paperless environment
Tuition Reimbursement
Applies only to NEW agents.
NOTE: Experience has shown 8 or 9 out of 10 new agents fail/leave within 12 months so structure this program considering it can be unprofitable until transactions come in from the 1 or 2 successful new agents. RECRUITING FOCUS: Reimburse students for their real estate license fees in exchange for their commitment to join your brokerage for a specific amount of time. |