Working for a good real estate broker makes all the difference in your career.
Because of that, you want to affiliate with only the best brokers in the country.
However, with the huge selection to choose from, it can be a bit overwhelming to pick just one.
I’m here to help.
Instead of going through the long list, I’ll give you the 5 best real estate brokers out there. I’ll review their history and awards, training resources, and much more.
With this, you’ll be able to pick from only the best. Not only that, you’ll be able to see which one of these “bests” is for YOU.
So shall we?
The 5 Best Real Estate Brokers to Work For
Here are the 5 best and most reputable brokers to work for this 2023:
Let’s review each one.
Keller Williams Realty
Keller Williams is a powerhouse in the real estate industry. The company began in 1983 and quickly grew into one of the largest brokerage firms in the country.
Keller Williams also operates in other parts of the world, such as South America, Europe, and Asia. So it is a very recognizable brand.
Its co-founder, Gary Keller, is one of the most influential people in the business and is the author of the best-selling book called “The Millionaire Real Estate Agent.”
What’s more, the company received multiple awards, including a spot in Glassdoor.com’s Best Places to Work in 2021.
One of the best things about working for KW is its uncompromising agent-first mindset.
The company offers a wide variety of training and development programs that teach agents how to overcome professional challenges and become the best that they can be.
To add to that, they offer a commission fee model that enables agents to earn as much as they can once they meet their cap. The company also has a profit-sharing program that rewards its agents whenever their recruits close a deal.
Keller Williams believes that their agents are their most valuable resources, which is why the company’s culture focuses on agent development, improvement, and support.
Short for Real Estate Maximus, RE/MAX has been one of the top brokerage firms in the US since 1987. It is one of the country’s most productive real estate forces.
In 2018, 57 out of the top 200 agents were from RE/MAX.
Apart from being a consistent market leader in the US and Canada, RE/MAX also has offices in over 100 countries and territories. It holds the number 14 spot in Entrepreneur’s 2021 Top Global Franchises. It even boasts more than 125,000 agents across the country.
One of the unique features of RE/MAX is its commission fee structure. Unlike most real estate brokerages, RE/MAX does not implement a company-wide policy. Instead, the agents and the management negotiate splits at a local level, making it very flexible.
The company has a learning and development platform called RE/MAX University, as well as numerous tools and resources that you can access through on-demand videos, online programs, and live classes.
With RE/MAX, you get access to a world-class work environment. You get limitless opportunities for growth and improvement, too.
Coldwell Banker is simply a symbol of legacy and prestige. It has been around since 1906 and remains to be a household name in real estate.
Also, despite it being one of the oldest brokerage firms in the country, it stays committed to adapting to the fast-changing needs of the industry.
Coldwell is a client-centric company. However, its culture emphasizes nurturing long-term growth by providing agents the resources they need to advance in their careers. At Coldwell, agents have access to around 100 education and training packages.
It also rewards its agents well with competitive commission splits, as well as comprehensive benefit plans. These include life insurance, employee discount programs, and paid leaves.
eXp Realty is a cloud-based real estate brokerage that began in 2009 and quickly became a big player in the market. The company ranked first in the 2020 REAL Trends 500 Report’s Top Brokerages. Plus, it was the number one mover in transactions with a 78% increase in closed sides from 2018 to 2019.
Unlike brick and mortar real estate companies, eXp Realty offers you complete freedom. It lets you embrace the remote working lifestyle. You get to decide your work schedule, take your training whenever you want, and grow at your pace.
Apart from flexibility, the company also provides agents with high-earning potential. Commission fee splits are at 80/20, but when agents reach their cap, they get 100% of their commissions with no hidden fees. eXp Realty also has profit-sharing and stock option systems.
Like eXp, Fathom Realty is also a virtual brokerage. It is one of the fastest-growing real estate companies in America. It has consistently been one of the top independent brokerages in the nation.
While many brokerage firms offer fee split structures that are best for active agents, Fathom Realty has a flat fee commission plan that is perfect for part-timers.
What’s more, agents receive company stock, as well as access to affordable healthcare.
The lack of a physical location can mean more convenience. You no longer need to report to an office for certain tasks. You can get work done anywhere - in your home, at the gym, or a cafe, at your preferred schedule.
Conclusion
If you want to be a high-performing real estate agent, you will need to choose from the nation’s best real estate brokers.
Working under a firm that will not only reward your hard work but also give you a competitive advantage will be the key to your success.
Don’t settle for just anything. Take time to evaluate your choices, and find one that suits your personality, needs, and interests.