In the bustling real estate market of Chicago, choosing the right brokerage can be the pivotal decision that shapes your career’s trajectory for years to come. So how do you know when it’s time to continue your journey elsewhere? Join us as we dive into some of the top reasons agents leave, factors to consider when choosing the right brokerage for you, and how Pearson Realty Group can fill in the gaps in any area where you find yourself needing more support.
Lack of Support and Resources
In the competitive Chicago real estate market, comprehensive support and resources are not just beneficial – they are essential and the top reason for agents leaving their brokerages. Agents thrive at brokerages where there is a wide range of dynamic support and resources available. New and even experienced, top producing agents need a certain level of support to maintain and grow your business, no matter how good at sales you are.
At Pearson Realty Group, we pride ourselves on offering these very essentials, setting our agents up for success from day one. In addition to these core resources, we also offer specialized support to make closing your deals as simple as possible. Have our Transaction Coordinator Service take care of all your compliance and transaction paperwork, then conveniently close in-office with Noble Title Agency!
Limited Growth Opportunities
A career in real estate should be a continuous journey, filled with learning and growth opportunities. Yet, many agents find themselves in brokerages where such opportunities are scarce, limiting any growth potential. They find their business stagnating, with little direction on how to fix it. When agents find themselves lost with no support; they look elsewhere to grow their business.
We understand this at Pearson Realty Group and have structured our brokerage to provide constant growth opportunities. From our mentorship programs with experienced real estate teams to leadership roles and so much more, we ensure our agents have the pathways to advance.
Some of the many regular training opportunities & resources available at Pearson Realty Group include Personalized One-on-One Training Sessions, Nationwide Coaching Program Network, Templated Training & Events for Teams, Weekly Call Conversion Sessions, & a Monthly Lunch & Learn Forum.
Inadequate Marketing and Technology Tools
Today’s real estate market requires agents to have more than just strong selling skills; it requires savvy marketing and the right technology to get it done. Agents need access to state-of-the-art marketing tools and technology platforms to stay ahead. Choosing the right brokerage for you means choosing the right level of marketing support you need.
Pearson Realty Group offers comprehensive marketing support that is paired with a full suite of smart technology systems including a strong CRM platform, digital & print marketing assistance, and technology troubleshooting & support. We understand that different agents have different marketing needs and goals – that’s why we structure our support to be fully customizable, ensuring our agents remain competitive and effective. It doesn’t matter if you want to start digital ads, print & send mailers, get custom signs, need help with an Excel document, or anything in between – the Pearson Realty Group marketing team provides a full spectrum of traditional and digital marketing support.
Uncompetitive Commission Structures
Your hard work as a real estate agent deserves fair compensation, which is directly related to your commission split. Many brokerages offer a sliding scale commission structure that draws you in but has diminishing returns on your profit over time. Even 100% commission brokerages are attractive to experienced agents but lack critical support in most other areas. When this starts impacting your business, it’s time to shop around for brokerages.
At Pearson Realty Group, we offer a strong competitive commission model that not only rewards your efforts but also provides motivation to stay busy and keep closing deals. Ensuring our agents are satisfied with their compensation, is vital for their long-term success. No caps on commission also make it easy to maximize your earning potential with Pearson Realty Group.
Misalignment with Company Culture and Values
An often overlooked yet vital aspect of choosing the right brokerage is your alignment with company culture and values. Working in an environment with people that resonate with your professional goals and personal values is key to thriving at any brokerage. Different brokerages have different levels of involvement and personal connections with their agents. Over time agents may find themselves less connected to their brokerage and look elsewhere for a more comfortable environment.
Pearson Realty Group is a family brokerage that is built on a foundation of strong values and personal relationships. We regularly host company happy hours & seasonal networking events for our staff and agents to connect, bond, and enjoy themselves together. Beyond that, we make a purposeful effort to get to know everyone who joins the Pearson Realty Group team. Understanding your personality, skillset, and background helps us provide you with a deeper level of custom training and support.
Choosing The Right Brokerage In Chicago
Choosing the right brokerage in Chicago is a decision that can significantly impact your real estate career. It’s essential to evaluate whether your current brokerage aligns with your professional goals, offers adequate support, and provides growth opportunities. At Pearson Realty Group, we are committed to fostering the talent of our agents and ensuring they have all they need to succeed.
If you’re reassessing your current position and considering a change, Pearson Realty Group invites you to explore all that we have to offer. Visit our new agent page to schedule a call or request a breakdown of services offered by our brokerage. The next big step in your career starts with Pearson Realty Group!