Our headquarters is located on Route 16 in Holliston, Massachusetts, but our agents work primarily from their homes throughout the state. Each agent's office is wherever their computer and/or cell phone are. We are flexible and mobile because that is what our clients need us to be. It is much more convenient to the client (and for agents too) to meet closer to them versus having them come to us.
Other real estate firms hire just about anyone with a pulse, sometimes give them a little training and then watch them fail. They fully expect 70-76% of people to leave within the first year. We at Brick House Realty have a different mentality and it shows in our business model. One example of this is that we decrease part of the process for each agent by supplying qualified buyer and seller leads. The result is that our agents spend less time prospecting and more time selling homes and thus making money.
Industry numbers vary but most agents at other firms make an average of about $20,000 - $25,000/year in their first year. Our average this year is expected to be almost double that amount. Our top agent made over $100,000 with the training program we teach.
The key ingredient is the hunger to want to be part of something meaningful. In addition to having a valid real estate license, you need to have exceptional customer service skills. Being comfortable around technology like email, the Internet and computers is also a good match. In general you need to be independent and money motivated. Each agent is responsible for providing their own reliable automobile, cell phone, fax and computer.
Some real estate agents work 7 days a week. To get the best results we at Brick House believe that you should create balance. Each individual can create a schedule that is as balanced as they desire. At the beginning you do work a lot but you make your own schedule and answer only to yourself.
Real estate agents are Independent Contractors and do not receive benefits like in other industries. On the flip side, agents have much more freedom and a higher income potential than most other professions.
Our agents start at 50% commission and have opportunities to make much more through increasing success levels, bonuses, contests, etc.
Our agents are expected to join the Realtor Association, as well as the MLS. These costs vary.
