Recruiting new talent is often the most significant challenge across the real estate industry. Successful brokers know that good and experienced agents are the key to boosting their business. However, competing for the best agents has never been this fierce. So, how do professional brokers like Nebo Bandovic attract and retain the best talent in the market?
Ideally, real estate broker incentive programs help agents stay satisfied and interested in their job. It is a way for brokers to show their agents that they appreciate their effort and would like to reward them for their hard work. However, incentives tend to come in different forms.
Coaching And Mentorship
Research shows that almost one-third of North American employees tend to lack a concrete career path which often leads to increased employee turnover. Many experts also point out that offering a structured opportunity for career development can help improve agent loyalty.
The best talent will always be looking for new opportunities to grow, and a real estate broker must be able to meet this need with practical and beneficial real estate broker incentive programs. With a mentorship and coaching program, you can better retain high-quality agents while building a high-performance and more productive team. In short, when brokers like Nebo Bandovic from NB Elite Realty invest in their agents and their career, agents will feel happier to support back into the business.
100% Commission Split
As the name suggests, a 100% commission broker offers their agents the opportunity to keep all the money they get from their real estate services. When a conventional broker employs a real estate agent, they are often required to submit approximately 30% of their total commission to their broker. However, when you work with a 100% commission broker like NB Elite Realty, you only have to pay a small fee per transaction.
The most significant advantage of working for a 100% commission broker is the total money you can make as a professional real estate agent. Even if you sell several real estate properties within one year, your total commission will significantly outweigh the fee you pay to your broker. To put it into perspective, imagine you sell a property worth $500,000. Rather than putting down 30% of your commission, you only have to pay a fee of $500 and keep the remaining amount for yourself.
All these incentives play a significant role in helping brokers boost their agents’ performance without much effort. If you would like to learn more about how working with a professional broker is the right decision for you, we suggest you speak with our team at NB Elite Realty today!
NB Elite Realty Can Help You Kickstart Your Career As A Professional Real Estate Agent In No Time.
Recruiting top-tier talent is not something that tends to happen overnight. All real estate brokers invest in their agents and continuously try to reach potential agents with a message that resonates with them. At NB Elite Realty, we have several different real estate broker incentive programs that all real estate agents should consider. We have a team of experts who can teach you all the tips and tricks of the real estate world.
Nebo Bandovic – our founder and broker – is an experienced and reputable real estate investor in Florida and Texas. He has more than twenty-five years of experience in the field and has worked on several commercial deals. With the help of his professional guidance, you can quickly learn how to make it big in the world of real estate.
Want to get in touch? You can call our team at 844-444-6237 to learn more about how NB Elite Realty can help escalate your career prospects.