The recruiting game has often been high stakes, with real estate brokerages looking to attract the industry’s top-performing agents and teams in order to build a powerhouse office (or series of offices) that can not only compete with local brokerages, but also communicate the value to consumers.
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there are brokerages offering the mentioned signing “bonuses” and you are forced to sign your life away including terms of non-competes, penalties and the agent is at a risk of loss if they leave by surrendering their listings and forfeiting their pending commissions. Agents – READ your agreements including the Independent Contractor Agreements!
Recruiting and retaining through value and support is the best and only way. It’s about the relationship. Buying agents doesn’t work in the long run, and usually doesn’t leave anything for the company to actually deliver on their promises. Pay attention, acknowledge, deliver value….that’s the recipe.