Ask These 20 Questions When Choosing a Real Estate Broker
- What are your commission splits? (
- Are there any franchise fees?
- Do you offer a commission cap?
- Are there any other brokerage-related fees?
- What other expenses might I be responsible for?
- Do you offer any of the following:
How do you interview a real estate agent with a broker?
Agents should know what questions to ask a real estate broker when interviewing, like company structure, day-to-day operations, and the resources and tools provided. They also should review written company policies and gather information on compensation and commission splits.
What to expect from a broker interview?
Questions like “Why are you interested in us,” “Why real estate,” or “Where do you see yourself in 5-years” are common questions that come up in an interview because they help vent the applicants. Brokerages seek people who have the drive to excel in their careers and help generate revenue.
What questions should I ask a real estate interviewer?
Interview Questions
- I am interested in Real Estate Sales (or Property Management).
- Is the company independent, corporate owned or a franchise?
- What is your market share?
- How many offices do you have?
- How many total agents?
- What kind of management & systems support do you have?
What questions do I ask a broker?
Questions you may like to ask a mortgage broker include:
- Are they licensed?
- How many lenders do they deal with?
- What are their fees and commissions?
- What will the borrowing costs be?
- What type of interest rate is best for you?
- What is the comparison rate of the home loan?
- Is the loan the best one they can recommend?
What questions to ask in real estate interview?
General questions for a real estate interview
- Where do you see yourself in five years?
- Why do you want to work for this company?
- Why should we hire you?
- What did you like most about your last position?
- What are your top three skills?
- What skills would you like to learn and why?
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