It’s no secret that the real estate industry is constantly changing. Whether it’s due to new technology or shifting market conditions, agents need to be willing and able to adapt in order to stay ahead of the competition. If you’re feeling like your current brokerage just isn’t a good fit for you anymore, here are 23 signs that it might be time to look for a new one.
23 Signs It’s Time to Look for a New Real Estate Brokerage
- Technology
- No Support
- Bad Colleagues
- Micromanaging
- No Systems
- Not valued
- Unprofessional
- Goals not aligned
- Not growing
- Commissions too low
- Broker does not care about your success
- Bad Company culture
- Not making enough money
- Brokerage closing
- Commute is too long
- Not happy
- Market shift
- Company changing
- Values do not align
- Gut Feeling
- No Potential for Future Growth
- Not getting enough resources
- Found a Better Opportunity
1 Your brokerage isn’t keeping up with the latest technology.
If you feel like your brokerage is falling behind when it comes to technology, it might be time to look for a new one. In today’s market, having access to the latest tools and platforms is essential for success.
Technology is one of the most important aspects of real estate, and your brokerage should be investing in the latest tools and platforms to help you succeed. If they’re not, it might be time to find a new home.
2 Your brokerage is unsupportive or uncooperative.
If you feel like your brokerage isn’t supportive or cooperative, it’s probably time to move on. A good brokerage should be there to help you when you need it, offering resources and assistance whenever necessary.
If you feel like you’re constantly fighting against your brokerage instead of working with them, it’s probably time for a change. Find a brokerage that will partner with you and help you grow as an agent.
3 The agents at your brokerage are unfriendly or competitive.
If the agents at your brokerage are unfriendly or competitive, it’s probably not the best environment for you. A good brokerage should be a supportive community of agents who work together to help each other succeed.
If you feel like you’re constantly in competition with your colleagues, it might be time to find a new home. Look for a brokerage where you can build relationships and collaborate with your fellow agents.
4 Your brokerage is micromanaging you.
If your broker is constantly telling you what to do and how to do it, it might be time to move on. A good broker should trust their agents enough to give them some independence and allow them to make their own decisions.
Real estate agents are independent contractors and should be treated as such. If you feel like your brokerage is micromanaging you and treating you like an employee, it’s probably time to find a new one.
5 You don’t feel supported by your brokerage.
If you feel like your brokerage doesn’t have your best interests at heart, it might be time to find a new one. A good brokerage will be supportive and helpful throughout your career.
Having efficient support systems in place is essential for agents. If you feel like your brokerage isn’t supportive, it’s probably time to move on.
6 You don’t feel valued by your brokerage.
If you feel like your brokerage doesn’t appreciate the work that you do, it might be time to find a new one. A good broker should recognize the effort that their agents put in and show their appreciation accordingly.
If you feel like you’re not being appreciated for all of your hard work, it’s time to find a new home. Look for a brokerage that values its agents and rewards them for their efforts.
7 Your brokerage is unprofessional.
If you’ve had any run-ins with unprofessional behavior from your colleagues or brokers, it might be time to find a new home. An unprofessional environment can be very stressful and damaging to your career.
If you feel like your brokerage is unprofessional, it’s probably time to find a new one. Look for a brokerage that has high standards of professionalism and treats their agents with respect.
8 Your goals don’t align with your brokerages’.
If you’ve outgrown your current brokerage and have different goals than them, it might be time to find a new one. A good broker should be willing to work with their agents and help them grow their business.
If you feel like your goals don’t align with those of your brokerage, it’s probably time to move on. Find a brokerage that will support your dreams and help you reach your full potential.
9 You’re not learning anything new at your brokerage.
If you feel like you’ve stopped learning and progressing at your current brokerage, it might be time to find a new one. A good broker should offer continuing education opportunities for their agents so that they can stay up-to-date on the latest industry trends.
If you feel like you’re not learning anything new at your current brokerage, it’s probably time to move on. Find a brokerage that will help you grow as an agent and keep up with the ever-changing real estate industry.
10 Your commissions are too low.
If your commissions are consistently lower than what you expected, it might be time to find a new home. A good brokerage should offer competitive commission rates that reflect the hard work of their agents.
If you’re not making the commission you expected, it might be time to find a new brokerage. Look for a brokerage with competitive commission rates that reflect the hard work of their agents.
11 You don’t feel like your broker cares about your success.
If you feel like your broker doesn’t care about your success, it’s probably time to move on. A good broker should be invested in the success of their agents and want them to reach their full potential.
If you don’t feel like your broker cares about your success, it’s time to find a new one. Look for a brokerage that wants their agents to succeed and will help them achieve their goals.
12 The company culture isn’t a good fit for you.
If the company culture at your current brokerage just doesn’t feel like a good fit, it’s probably time to move on. Every agent needs to feel comfortable in their work environment if they want to be successful.
13 You’re not making enough money.
One of the most obvious signs that it’s time to switch brokerages is when you’re not making enough money. If you’re not seeing the results you want, it might be time to find a new firm that can help you grow your business.
If you’re not making the money you want, it’s time to find a new brokerage. Whether if it’s getting the training to close more deals or moving to a better compensation plan, agents should sit down and actually do the math when they compare the amount of money they would’ve made at each brokerage.
14 Your brokerage is closing down.
Unfortunately, this happens more often than we’d like to admit. If your brokerage is suddenly shutting down, then you need to start looking for a new brokerage to work at so you can stay in business as an agent.
Agents should begin looking for a new brokerage immediately after they hear any news about their brokerage possibly shutting down in the near future so they can prepare for the move in advance.
15 The commute is too long.
If the commute from your home to your office is taking up too much of your time and energy, it might be time to find a new brokerage closer to home. Many agents don’t realize this but driving to the office to close deals, get support, or ask questions can take up multiple hours in an agent’s day that they could’ve put towards selling more homes.
If the commute is too long, it might be time to find a new brokerage. Look for one that’s closer to your home so you can save on travel time and energy.
16 You’re not happy with your current broker.
If you’re not happy with your current broker, it’s probably time to look for a new one. You should never feel stuck in a situation that isn’t working for you. Talk to your broker about your concerns and see if they can be addressed.
If you’re not happy with your current broker, it’s probably time to find a new one who will work better for you. It’s important for real estate agents to keep their stress and anxiety levels low in their business so that they are able to better serve their clients with a positive attitude
17 The market is changing.
If you feel like the market is shifting and you need to make a change in order to stay ahead, it might be time to switch brokerages. Every agent needs to be aware of the latest market conditions and trends.
When you are experiencing a down market in real estate you might want to change to a brokerage that has fewer expenses. Since it will be difficult to generate more revenue, the only way for agents to keep more profits is by lowering expenses.
18 The company is going through changes.
If the company you work for is going through big changes (mergers, layoffs, etc.), it might be time to find a new home. When companies are in flux, it’s often difficult to know what the future holds for their agents.
Your brokerage might be going in a new direction that doesn’t align with your goals. Also, acquisitions can usually mean big changes for brokerages because outside investors and holding companies now have a say in how the business operates so that the investors, not the agents, can make more money.
19 Your values don’t align with the company’s values.
If the values of your current brokerage don’t align with your own, it might be time to move on. It’s important to feel like you’re working for a company that shares your same values and beliefs.
When you’re not happy with where your brokerage is going or how it’s being run, it might be time to find a new one. This is especially important for agents who want to grow their business and feel supported in their careers.
20 Your gut is telling you to leave.
If you have a feeling that it’s time to switch brokerages, trust your gut! If something doesn’t feel right, it probably isn’t. Follow your intuition and do what’s best for you and your career.
Sometimes it takes longer for your logical brain to process and explain a situation than it does for your intuition to sense it. If something just doesn’t feel right about the current situation at your brokerage, then you are probably subconsciously picking up some cues that your logical brain can’t process yet.
Always trust your instinct.
21 You See No Potential For Growth
If you feel like you’ve plateaued and there’s no potential for growth at your current brokerage, it might be time to move on. A good brokerage will help their agents grow their business and achieve their goals.
Look for a brokerage that offers potential for growth in your business. Whether it’s through market expansion, or by additional support and resources, find a company that will help you reach the next level in your career. When you’re feeling stagnant, it’s time to make a change.
22 You Are Not Getting Enough Resources
A lot of agents, especially successful ones, tend to ignore their brokerage’s resources. If that’s the case then it might be a sign that your brokerage is not providing the resources that are relevant to your business. A good firm will provide their agents with all the resources they need in order to be successful.
If you’re not getting the resources you need from your brokerage, it might be time to find a new one. Look for a company that offers an abundance of resources- both educational and practical. This will help ensure that you have all the tools necessary to grow your business.
23 You Find a Much Better Opportunity
If you come across a better opportunity at another brokerage, it’s ok to switch. It’s always important to stay open to new possibilities and opportunities.
Sometimes there is nothing wrong with your current situation, but you might find a better opportunity at another brokerage. This can mean better compensation, more benefits, the potential to become a leader, more market share, etc. Whatever the reason might be, it’s important to remember that moving to a new brokerage to pursue a new opportunity is a perfectly good reason to leave your current brokerage.
Are You Ready for a Change?
These are just a few of the signs that it might be time to switch brokerages. If any of these apply to you, don’t hesitate to start looking for a new firm! Remember, it’s always best to do what’s best for you and your career.
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