There are a variety of structures when it comes to brokerages and this may impact your real estate experience.
At RE/MAX Capitol Properties, Steve Prescott is the managing broker, but he is also a part of the agency team because he is a producing broker. Some Agencies do not operate this way. Whoever they have as the managing broker isn’t practicing, and therefore they are not “competing” with their agents. Each structure has its team benefits, but we wanted to dive into our particular design since it is rarely found.
Looking at how the Winter Olympics Freestyle Skiing Team was formed will help us explain this concept and why it is another reason we love our industry. Two-time defending halfpipe gold medalist, David Wise, is on the team. He is a veteran of the group, making him be a leader to others on the team. His years of experience help him navigate the Olympics and compete best. While at the same time as being a veteran and leader, he too is competing. Wise has to juggle the responsibilities associated with his competition in addition to being a mentor. Alex Hall is on the team too and entered the team as a dual medal contender in the slopestyle and big air. When asked if he likes working with a veteran on his team like Wise, he shared that having him and seeing him in action helps improve his skills. He is an active mentor and understands the existing conditions. Therefore, his advice is even more applicable than many coaches; he just “gets it.”
Having an active broker is like having an active athlete mentoring you! It is more than receiving advice and an outsider’s perspective; it is being able to rely on someone in the thick and experiencing the same things. In addition, mentees cannot just hear what good tactics are but see them in action! The learning doesn’t just have to be in communication but through observation with this leadership structure in a brokerage. We love that agencies can approach leadership differently to serve their agents best. We love that an active broker provides another form of learning to help elevate everyone’s performance. Ultimately it is all about finding the right blend for you, whether you are an agent looking for an agency or a client looking for the right agent!
Are you an agent and interested in learning more about this agency structure? Give us a call or stop by and let’s talk!
4000 Central Ave, Suite #1
Cheyenne, WY 82001