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2 | How to Choose a Brokerage: Scoring System for Real Estate Agents | |||||||||||
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4 | Scoring Instructions | |||||||||||
5 | 1. Go to "File" > "Make a Copy" 2. Input the name of each brokerage you are considering. Replacing Brokerage 2,3,4 3. Rank each factor 1-5 (5 being good and 1 being worst) under the brokerage for each factor (Light grey cells) 4. Adjust weights to your unique needs and wants. Ensure that the total equals 100% (Light gold cells) 5. Use the brokerage totals at the bottom to compare brokerages | |||||||||||
6 | Ranking Factor | Weight | Century 21 Realty Services | Brokerage 2 | Brokerage 3 | Brokerage 4 | ||||||
7 | Commission Splits: Is the commission split favorable in comparison to the level of support? | 10% | 5 | 5 | ||||||||
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9 | Monthly Fees: Are the initial joining fees reasonable? Do you have to pay high monthly fees? | 15% | 5 | 4 | ||||||||
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11 | Training and Mentorship: Does the brokerage offer quality training and mentorship? | 20% | 5 | 3 | ||||||||
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13 | Marketing Support: Is marketing support available and effective? | 5% | 4 | 5 | ||||||||
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15 | Work Environment and Culture: How conducive is the work environment? Do you fit into the culture? | 10% | 5 | 4 | ||||||||
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17 | Market Presence: How strong is the brokerage’s market presence? Is the brokerage involved with the local community? | 10% | 5 | 2 | ||||||||
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19 | Legal and Contractual Obligations: How fair are the contractual terms? Do you trade enough fee-sharing for support? | 5% | 5 | 5 | ||||||||
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21 | Peer Reviews and Recommendations: What is the general peer and industry perception? | 5% | 5 | 3 | ||||||||
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23 | Technology and Tools: Are modern tools and technologies provided? Will you have access to a CRM like Moxiworks? | 15% | 4 | 4 | ||||||||
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25 | Accessibility and Communication: How easily can you communicate with management? | 5% | 5 | 4 | ||||||||
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27 | Totals (Max of 5) | Century 21 Realty Services | Brokerage 2 | Brokerage 3 | Brokerage 4 | |||||||
28 | 100% | 4.8 | 3.75 | 0 | 0 | |||||||
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