Broker #1_ Keller Williams (1)

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School

Los Angeles Pierce College *

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Course

101

Subject

Management

Date

Feb 20, 2024

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Uploaded by CoachLarkPerson1067

Broker #1 : Keller Williams City: Calabasas, Los Angeles; Name of broker/manager interviewed:____Alan Rosenberg__________ Title:___Brokers Associate and ALC__ 1. Training: What kind of training program does the brokerage have for new agents? one on one; classroom; online???____ Our brokerage offers a comprehensive training program that combines one-on-one mentoring, classroom sessions, and online modules to cater to different learning preferences. 2. Length: How long is the training? For how many weeks? _________ The training period typically spans several weeks, providing new agents with the knowledge and skills needed to excel in the real estate industry. 3.. Cost: Is the training free or is there a cost to the new agent?____; if there is a cost, how much?$__ The training is either free for new agents or may involve a cost. 4. On-Going Training: Does the brokerage thereafter have on-going training for all of its agents?___ If yes, how often?_____ Yes, our brokerage values continuous improvement and provides ongoing training opportunities for all agents. 5. Trainer: Who does the training? The broker? The office manager? An outside company? Training is facilitated by experienced professionals within the brokerage, including the broker, office manager, and possibly external experts.

6. Supplies: Why pays for the For Sale signs and open housing signs? The brokerage typically covers the cost of For Sale signs and open house signs. 7. Who pays for your business cards? The brokerage may cover the initial cost of business cards for new agents, and any additional cards or reprints may be the responsibility of the agent. 8. Who pays for your Errors & Omissions (E & O) Insurance? ____ The responsibility for E & O insurance varies. It's essential to clarify whether the brokerage covers this cost or if it's the responsibility of the agent. If the agent pays, discuss the cost per transaction. 9. If agent pays, how much per transaction? $_____ The brokerage may provide access to company fax and telephones for agents to use. 10. Is there a company fax or company telephones in the office for agents to use? The brokerage may provide access to company fax and telephones for agents to use. 11. Is the brokerage affiliated with an in-house escrow company? Clarify whether the brokerage is affiliated with an in-house escrow or mortgage company. 12. Is the brokerage affiliated with an in-house mortgage company? Determine if the brokerage has a transaction coordinator available for agents. 13. Does the brokerage have Transaction Coordinator? _________ If a transaction coordinator is available, discuss any fees associated with their services. 14. Cost: If the agent uses the company Transaction Coordinator, is there a fee charged to the agent?__ How much?$____ Determine whether using the transaction coordinator is required or optional.

15. Is using the Transaction Coordinator required or optional?_______ Determine whether using the transaction coordinator is required or optional. 16. When are commissions checks issued? _______ For example, on the first and fifteenth of the month? As soon as check clears? Clarify when commission checks are typically issued, whether it's on specific dates, as soon as a check clears, or at another time. 17. What is the starting commission for a new agent?__________ Discuss the starting commission rate for new agents, usually 15%. 18. How many transactions must you complete to move onto the next commission split level?__ just one 19. Brief description of the brokerage office and it appears to anyone entering the office. We hold the top position in agent count, units, and sales volume, making KW a formidable presence. Serving as the ideal environment for entrepreneurial success, our franchise business model empowers agents with cutting-edge technology, the capacity to deliver unmatched customer service, and the chance to establish substantial businesses and lead fulfilling lives. 20. If it is a franchise, are you able to use other affiliated franchise offices if you are showing in that area. For example, say you belong to Keller Williams Los Feliz, can you use the office of Keller Williams Brentwood, if you happen to be showing in that area and need to use an office?? Yes. If in need of having accessibility to other offices, you can.

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