72. How to Start & Grow a Real Estate Brokerage - Everything You Need to Know

Are you ready to officially start your own real estate brokerage? If you are a self-starter with a strong work ethic and you know how to bring out the best in others, you may just be ready to start your own real estate brokerage. However, there are many steps you will need to take, like creating a business plan and establishing lead generation strategies before you can call yourself a managing broker. In this episode, Jenny and Toni discuss their personal experiences with their respective brokerages, the costs involved in getting started, how to pick the right staff, why we must charge desk fees to make it a profitable business, setting up the brand, and the type of culture you must build to attract and retain agents. Roll up your sleeves and let's get started!