5 Signs It's Time To Consider Switching Real Estate Brokerages
If you're a real estate agent who's been thinking about switching real estate brokerages, you're definitely not alone. According to statistics from the National Association of REALTORS®, the average time an agent spends at a firm is now down to 4 years.
There are a number of reasons why agents might make the switch to a new brokerage. Maybe you're not getting the support you need from your current broker, or maybe you've found a new brokerage that offers more opportunities for growth.
Whatever the reason, if you're thinking about switching brokerages, here are five signs that it might be time for you to make a move.
You're Not Feeling Supported
Real estate agents put a lot of work and effort into their businesses, and they should feel supported by their current brokerage. However, when agents feel like they are not being given the support they need, it can be a sign that it is time to make the switch.
There are a number of reasons why an agent might feel like they are not getting the support they need from their current brokerage. Maybe the broker isn't providing enough training or support with marketing and lead generation, or maybe the brokerage isn't doing enough to help them build their brand.
As a real estate agent, if you're not feeling unsupported by your current brokerage, it is definitely time to consider switching to a new one. When looking for the right real estate brokerage, it is important to learn how they support their agents. This means having a team of professionals who are invested in your success.
At Radius Agent, we believe that success is a team effort. That's why every agent is assigned an Agent Success Manager. Your Agent Success Manager will provide one-on-one support and guidance as you navigate the real estate landscape.
In addition, you'll have access to a team of marketers, designers, managing brokers, mentors, and coaches. No matter what challenges you face, you'll never be alone in your journey to success. We are dedicated to helping you grow and succeed as a real estate agent. With our support, you'll be able to reach your full potential and achieve your goals.
Unhappy With the Commission Split
As a real estate agent, it's important to be happy with the commission split that you're earning. If you're not happy with the current split, you may want to switch brokerages in order to earn more money for your hard work. Often, brokerages will offer agents different commission splits depending on their level of experience and production. If you're a high-producing agent, you may be able to negotiate a higher commission split with your new brokerage.
As a real estate agent, it is important to find a brokerage that offers you a commission split that is fair and reasonable. You work hard to earn your client's business, and you deserve to be compensated fairly for your efforts. If your current brokerage does not offer you a commission split that meets your needs, then it may be time to look for a new home.
Many real estate agents are looking for ways to keep more of their hard-earned commissions. By teaming up with a flat fee real estate brokerage, they can do just that! With Radius Agent, agents keep 100% of their commissions while getting 100% support from our team. We provide all the resources agents need to succeed, from marketing materials and training programs to transaction support and continued coaching.
Limited Access to Technology
Technology has completely transformed the real estate industry, yet many brokerages have been slow to adopt new tools and technologies. As a result, agents at these firms often find themselves at a disadvantage, having to work harder just to keep up with the competition. If you're not getting the technology and training you need from your brokerage, it might be time to make a change.
At Radius, we understand how important it is to use the right technology and training so that you can be more efficient and have more time. That's why we curate the best-in-class technology and train you to use these tools. With our support, you'll be able to work smarter, not harder, and give your clients the high level of service they deserve. With the right resources at your disposal, you'll be well on your way to achieving success in the real estate industry.
Lack of Leadership for Real Estate Agents
Any successful business needs strong leadership, and that includes real estate brokerages. When a broker lacks strong leadership, it can be a sign that it's time for an agent to switch brokerages.
When a brokerage is lacking in the leadership department, it can be a sign that the company is struggling. This can manifest in a number of ways, such as a lack of connection with agents, failure to reward excellent work, or weak relationships with other industry professionals. Any of these factors can make it difficult for an agent to succeed. As a result, it may be time to consider switching brokerages.
A good leader can help guide the real estate agents in the right direction, support and motivate them, and keep them on track. With a good leader in place, the brokerage and the real estate agents they support can grow and succeed.
That's why Radius Agent is such a great choice for real estate agents. They believe in empowering agents from day one and supporting their teammates' and clients' growth and success. With Radius Agent leading the way, agents can be confident that they have the support they need to succeed.
Limited Access to Training and Education
As a real estate agent, it is important to have access to continued training and educational resources. This ensures that you are up to date on the latest industry trends and techniques and can prepare for license renewal exams.
However, if your brokerage does not provide access to these resources, it might be time to leave. By staying up to date on the latest industry trends, you can give your clients the best possible service.
That's why it's important to have access to training and education resources, like Radius Academy. With curated training and learning resources designed to help real estate entrepreneurs grow their businesses, Radius Agent can help you stay ahead of the curve and continue succeeding as a real estate agent.
If your brokerage does not provide the necessary training and education resources, it might be time to find one that does.
Switching Real Estate Brokerages
If you're experiencing any of the five signs we've outlined, it might be time to switch real estate brokerages. Keep in mind that this is a big decision and not one to be taken lightly.
Do your research and ask around for referrals to see if Radius Agent is the right brokerage for you. We offer all our agents top-notch training and support, as well as a commission split that puts more money back in your pocket.
If you're ready to learn how to switch real estate brokerages and join Radius Agent, contact us today!