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Broker Interview Questions

 
 
 
General Broker 
What is the company's focused direction?
Does the company have a published service commitment?
What are the major goals for the company and how do you plan to achieve them?
What market share does your company hold?
What yardstick do you use to measure your success?
Do you see yourself as a buying or listing company?
Training Broker 
How do you train new representatives on areas not covered in school (I.e. TREB and RECO)
Specifically what kind of training do you have available to make me successful at finding and qualifying buyers?
What training do you have to develop my listing skills?
Who does training in your office and what real estate experience do they have?
How am I specifically trained (off-thecuff, lecture, roleplaying, etc)
What other responsibilities does your trainer have?
Do you have scheduled training programs? If so what is the schedule?
Do you have trainers who will go out in the field with me if I need help with my first few transactions?
May I see your training materials?
What does training cost me?
Support Services Broker
What software do the secretaries use to assist the sales reps?
Who is available during the day to answer any questions?
Who do I see if the Broker is busy?
Is there anyone personally responsile for ensuring that my business is successful?
How many days a week is the office open and what are the hours?
How many computers does the company have available to the reps?
How do you ensure that the support staff are good at their jobs and really care about the business?
What programs are the support staff trained on?
How does the support staff greet customers?
What other services do you offer which will provide a more complete service to my clients?
What do the support services cost me?
Technology Assistance Broker
What kind of software programs do you train your reps on?
Do you provide your software programs at no cost to your reps?
Is there a contact manager program available at no cost to your reps?
What is a contact manager?
Do you computer-generate offers? If so, which program do you use?
Do you have a Web site? What is the address?
Who is responsible for the upkeep of your Web site?
Are there any costs to the sales reps associated with your Web site?
Do I need a computer?
Do you provide any additional training on TREBVision?
Which programs can I access from my home computer?
Do you have a computerized listing presentation?
Sales Tools and Systems Broker
What marketing tools does the company have for a sales rep to help them do their job more effectively?
Does the company supply the sales rep with a listing presentation manual (at no cost)
Does the company supply the sales rep with a buyer presentation manual (at no cost)
Can you show me how you would use the listing presentation manual?
What tools are available for prospecting? How much do they cost?
What tools are available to help qualify and control buyers?
What tools are available to help qualify and service listings?
What tools are available to help me run a successful Open House?
Does the company have any theme promotions which the sales rep can access?
What kind of personal promotional materials are available for the sales rep (ad slicks, camera ready artwork, etc).
Business Generation Broker
What does the company do to help the rep generate business (aside from a phone and a desk)
Do you get any leads/referrals from the Broker network?
Who distributes out-of-town referrals when they come to your office and how they are distributed?
Do you get any business from your mortage company? How are these leads distributed?
How are walk-ins and call-ins distributed?
Do selling managers/brokers get the walk-in/call-in business?
How big is your franchise's business referral network?
Office Atmosphere Broker
What does the company do to make the office a fun place to work?
Does the company have any kind of awards/recognition programs?
How frequently does the company run contests and what are the prizes?
Does the company have any kind of annual convention or get-together focussing on business development and networking opportunities?
Commission Plans Broker
Do you maintain a commission plan for your sales reps?
What kind of commission plan do you have (i.e. rent-a-desk, full-service)
What kind of franchise fees do I pay? How much each month/year?
How frequently can I change my plans?
What can the company do to save costs?

Coldwell Banker Terrequity Realty, Real Estate Brokerage.  Independently Owned And Operated.
211 Consumers Rd., Suite 105 Toronto ON M2J 4G8     Phone: (416) 496-9220   Fax: (416) 496-2144   Toll Free: (800) 496-9220   Email: info@terrequity.com

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